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Illegal cigarette trade is more than 20 per cent of the cigarette industry in India.

Have a tax rate that disincentivises cigarette smuggling: FAIFA

GST is an opportunity for the government to ensure illicit trade is eradicated from the country.

15 May 2017 1:55 PM IST

Representational Image

RBI on hold for now, 50 bps rate hike likely in 2018

As growth and inflation pick up, a move towards tightening the policy.

15 May 2017 1:44 PM IST

Union Minister for Railways Suresh Prabhu (Photo: PTI)

Railways gets Rs 500 cr from Nirbhaya Fund for CCTV cameras

Railways will install about 19,000 high definition CCTV cameras at 983 stations across country.

15 May 2017 1:13 PM IST

Idea said it plans to extend its 4G services to 20 circles across India by FY2017 after the board approved an additional Rs 1,000 cr capital expenditure to build its infrastructure.

Idea Cellular tanks over 8 pc on March quarter loss

Total revenues declined 13.7 per cent to Rs 8,194.5 crore, from Rs 9,500.7 crore a year ago.

15 May 2017 1:08 PM IST

NCDs, including subordinated debentures issued through private placement, constitute a significant source of borrowings for the company.

Mahindra Finance looks to raise up to Rs 29,000 crore via NCDs

Aggregate borrowings of the company as on March 31, 2017, were Rs 34,670.4 crore.

15 May 2017 12:56 PM IST

Arrested on the basis of profiling, the gold was concealed in the shoes he was wearing. (Representational Purpos).

Gold futures rise 0.16 per cent on global cues

Globally, gold rose 0.23 per cent to USD 1,230.50 an ounce in Singapore today.

15 May 2017 12:00 PM IST

a fake currency note of Rs 2,000 bearing the name of Childrens Bank of India was dispensed by an ATM of the ICICI Bank

Wanna Cry: RBI asks banks to update ATM software

Central bank's instructions come as majority of ATMs run on old version of Windows operating system.

15 May 2017 11:34 AM IST

The fact is that a cache of cyber weapons was said to have been stolen from the NSA by the same collective behind the WannaCry ransomware that created the biggest-ever extortion racket to hit the Internet.

IT Ministry contacts RBI, others against Wanna Cry

Wanna Cry ransomware has wrecked havoc across sectors like healthcare and telecoms in more than 100 countries.

15 May 2017 11:28 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex rebounds 166 points on inflation cheer

The NSE index Nifty recovered by 38.90 points, or 0.41 per cent, to 9,439.80.

15 May 2017 10:19 AM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee gets macro data lift, up 23 paise

A higher opening in domestic stocks and continuous foreign capital inflows kept the rupee on a firm ground.

15 May 2017 9:56 AM IST

Saudi Aramco, a key exporter to China, is due to list next year, with a potential $100 billion equity sale that is expected to be the worlds largest to date.

China's economy slows in April as credit tightens

In the first three months of the year China expanded by a better-than-expected 6.9 per cent.

15 May 2017 9:17 AM IST

Attorney General Mukul Rohatgi informed the apex court that Aadhaar is unique and could not be duplicated. (Photo: PTI)

People worried about Aadhaar data

The government is swearing by the utility value of Aadhaar as one of the most effective tools of checking tax evasion...

15 May 2017 4:48 AM IST