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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI to hire 12 currency verification systems to pick out fake notes

Previously, RBI governor Urjit Patel did not provide any 'specific number' on amount of money received...

23 July 2017 12:49 PM IST

M. Veerappa Moily

Veerappa Moily supports change in financial year to Jan-Dec

The present April-March financial year was adopted by government in 1867 to align Indian financial year with the British...

23 July 2017 12:14 PM IST

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

GST body to examine cases of undue profits of Rs 1 crore or above

Those which are state specific or involve smaller amounts will be transferred to state screening committees.

23 July 2017 11:52 AM IST

The new notes seized by income tax officials. (Photo: ANI/Twitter)

'Undisclosed income' of 71,941 crore exposed by I-T searches in 3 yrs

Total undisclosed income was more than Rs 5,400 crore and total quantity of gold seized was 303.367 kgs.

23 July 2017 11:04 AM IST

Prannoy Roy founded NDTV news channel.

NDTV's Prannoy Roy laundered Rs 642 crore: ITAT

ITAT claims NDTV, promoters laundered Rs 1,100-cr black money beween 2007-08 to 2009-10.

22 July 2017 5:55 PM IST

The company raised over over Rs 1,870 crore through the share sale.

Lower finance cost boosts D-Mart Q1 net 48 per cent to Rs 175 crore

Company's standalone income in the quarter rose to Rs 3,598.13 crore from Rs 2,652.39 crore.

22 July 2017 5:24 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

Govt wants cleaner money for political parties: Jaitley

Finance Minister had capped anonymous cash donations to political parties at Rs 2,000 in budget.

22 July 2017 5:17 PM IST

Viral Acharya. (Photo: YouTube screengrab)

Cleaning of banks' balance sheet top priority: Viral Acharya

Banks are saddled with non-performing assets (NPAs) of over Rs 7 lakh crore.

22 July 2017 4:37 PM IST

Yesterday, the rupee had gained 10 paise against the US dollar to end at 66.71

Rupee continued its strong recovery for 2nd consecutive week

This is the highest closing for the home currency since June 14, surging by a whopping 13 paise.

22 July 2017 4:26 PM IST

The 3.5 kgs gold, which has been seized, is assessed to be worth Rs 92.87 lakh. Both the accused have been arrested, Garg said. (Representational Image)

Gold maintained an upward trend for second week

Silver regained Rs 39,000-mark on increased offtake by industrial units and coin makers.

22 July 2017 3:54 PM IST

The profitability of the airlines has been further impacted by the increasing cost of fuel prices and this has been reflected in the decline in profitability of the listed airlines in Q3 FY17.

Planning easy travel, refer to these top five apps

Smartphone for finding the cheapest air tickets or enjoy impressive cash-backs on flight fares.

22 July 2017 3:18 PM IST

Union Minister for Finance, Defence and Corporate Affairs, Arun Jaitley briefs a press conference after a Cabinet meeting in New Delhi. (Photo: AP)

Govt working on tracking invisible economy: Jaitley

Finance Minister added Election Commission has failed to keep stringent check on political funding.

22 July 2017 2:50 PM IST