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RBI governor Urjit patel

RBI keeps key rate unchanged; cuts SLR, lowers GDP projection

RBI cut the economic growth projection to 7.3 per cent for the current fiscal from 7.4 per cent earlier.

7 Jun 2017 3:09 PM IST

Three municipal corporations have already submitted proposals to the state government for de-notification of state highways.

Four-laning of road proj in HP gets CCEA nod

The CCEA has approved the four laning from 'end of Pandoh Bypass to Takoli' section of National Highway (NH)-21 in...

7 Jun 2017 3:09 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI keeps repo rate unchanged at 6.25 per cent

Consequently, reverse repo rate remains at 6.0 per cent, MSF rate and bank rate at 6.50 per cent.

7 Jun 2017 2:52 PM IST

At the Multi Commodity Exchange, gold for delivery in far-month June rose by Rs 145, or 0.49 per cent, to Rs 29,626 per 10 gram

Gold maintains upward trend on jewellers buying

Gold is trading at Rs 29,795 per 10 grams at the bullion market on sustained buying by local jewellers.

7 Jun 2017 2:30 PM IST

Mahadiscom has cut the power for defaulters but not taken any stern steps for recovery of the money.

Govt clears listing of clean energy lender IREDA

IREDA has sanctioned around Rs 37,000 crore of credit for clean energy projects in the country.

7 Jun 2017 2:12 PM IST

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Mutual fund industry's asset base declines marginally

Asset base declined by 1.15 per cent to Rs 19.03 lakh crore at the end of May due to outflow from money market .

7 Jun 2017 2:08 PM IST

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

Yes Bank gets green signal to raise Rs 20,000 cr

The statement comes a day after the bank's AGM which also approved to raise the total borrowing limit to Rs 70,000...

7 Jun 2017 1:59 PM IST

Photo caption: Under it, C-GST will be levied by the Centre, S-GST by states and I-GST on inter-state supply of goods and services. (Representational Image)

Abolished various cesses via budgets paving way for GST: Govt

The Centre and states have agreed for a four tier GST tax rate -- 5, 12, 18 and 28 per cent.

7 Jun 2017 1:52 PM IST

Reserve Bank of India

5 things to expect from RBI's MPC meet today

Here are the five things that the MPC might be looking at in its second bi-monthly meet of 2017-18.

7 Jun 2017 1:27 PM IST

The months performance has been driven by strong sales of the Jaguar F-PACE, the XE, the Land Rover Discovery Sport.

JLR sales rise 1 per cent in May to 45,487 units

Land Rover saw sales of 31,874 vehicles in May, down 7.1 per cent compared to May 2016.

7 Jun 2017 1:17 PM IST

The administration may also raise salaries paid to H1-B visa holders, a move that could significantly increase costs for IT companies that are already facing pressure on margins. (Representational image)

Top Indian IT companies sharply cut Reliance on H-1Bs

Companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to the previous year.

7 Jun 2017 12:37 PM IST

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20 stations in Tier-II cities to be redeveloped

Indian Railways is firming up plans to join hands with Malaysia for redevelopment.

7 Jun 2017 12:26 PM IST