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The rupee performed a bit better than most of its regional peers in 2016, weakening just over 2 per cent as Indias economy

Banks provide Rs 1.80 lakh cr under Mudra; exceed FY17 target

Of this amount, Rs 1,23,000 crore was lent by banks while non-banking institutions lent about Rs 57,000 crore.

14 April 2017 12:07 PM IST

RBI governor Urjit Patel

RBI revises PCA rules to tackle Rs 6 lakh crore bad loans

Central bank issues new set of enabling provisions under label of revised prompt corrective action framework.

14 April 2017 11:53 AM IST

Prime Minister Narendra Modi. (Photo: AP)

Digital Payments: Modi to launch BHIM-Aadhaar facility

27 banks already on board with 3 lakh merchants for accepting payments using BHIM-Aadhaar platform.

14 April 2017 11:23 AM IST

Switzerlands tax department issued notices to them last week to reply within 30 days to appeal the decision about providing administrative assistance in information requests from India.

60,000 'black money hoarders' under I-T scanner

CBDT has already detected undisclosed income over Rs 9,334 crore from Nov 9, 2016 to Feb 28 this year.

14 April 2017 10:58 AM IST

After in-depth analysis, these reports have been disseminated to I-T department, the ED and other law enforcement agencies.

ED searches tax advisers, CAs in Delhi

The ED had conducted nationwide raids on April 1 as part of its operation against shell firms.

14 April 2017 3:23 AM IST

Anjana Reddy on Forbes' 30 under 30 list for Asia

Her brands, Forbes added, sell in more than 70 stores, as well as on e-commerce platforms.

14 April 2017 1:46 AM IST

The ticket prices for Sydney from Mumbai decreased 16 per cent to Rs 60,345 from Rs 72,169.

New entrants make flying overseas cheaper

Increase in capacity for flights from India lead to increased competition: Expert.

14 April 2017 1:45 AM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

EPFO subscribers to get Rs 50,000 more for loyalty

Those members whose average basic wages are up to Rs 5,000 will get loyalty-cum-life benefit of Rs 30,000.

14 April 2017 12:55 AM IST

Infosys has become the latest major corporate to attract regulatory attention for alleged corporate governance lapses

Infosys set to give back Rs 13,000 crore to shareholders

On a sequential basis, Infosys' net profit fell 2.8 per cent while revenue declined 0.9 per cent.

14 April 2017 12:50 AM IST

Former chief financial officer of Infosys, V Balakrishnan.

Infosys' Rs 13K cr to shareholders too little: Balakrishnan

Ex-CFO says quantum could have been bigger because Infosys has Rs 40,000 crore on their balance sheet.

13 April 2017 8:22 PM IST

Infosys Chief Executive Officer Vishal Sikka, along with Chairman of the Board R Seshasayee. (Photo: AP/File)

Infosys down 4 per cent; m-cap plunges by Rs 8,589 cr

On NSE, shares of the company slipped 3.86 per cent to close at Rs 931.40.

13 April 2017 8:07 PM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

EPFO to provide 8.65 per cent interest on EPF

This follows reports suggesting Finance Ministry wants interest rates lower by up to 50 bps.

13 April 2017 7:26 PM IST