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Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

Foreign investors pull out Rs 475 cr from Indian markets in first week...

As per latest data, FPIs withdrew amount of Rs 3,710.21 crore from equities but invested Rs 3,234.65 crore in the debt.

7 July 2019 11:38 AM IST

Interestingly, the CBDT chiefs move to make officers comply by seeking a compliance report every three months gives room for hope for justice for the taxpayer.

Govt working as an accountant for every taxpayer: CBDT Chairman

The CBDT Chairman said he is confident of achieving the Rs 13.35 lakh crore target for direct tax collections in...

6 July 2019 5:16 PM IST

Noted economist Rajiv Kumar interacts with the the media after taking charge as the Vice-Chairman of NITI Aayog, in New Delhi. (Photo: PTI)

Budget clean break from past, sets out agenda for Modi 2.0 govt: Rajiv...

Narendra Modi government had exempted people with earnings of up to Rs 5 lakh from payment of income tax.

6 July 2019 4:30 PM IST

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

Petrol, diesel costlier by around Rs 5 per litre in Rajasthan

The Centre on Friday announced a Re 1 per litre increase each in excise duty and road cess levied on the fuels.

6 July 2019 3:43 PM IST

Iran imports Assam orthodox tea and the price of this variety has gone up by Rs 30 to 35 per kg in recent auctions in Kolkata.

Tea industry seeks exemption of TDS on cash withdrawal

The tea body said that the wages paid to the tea garden workers were both in cash and in kind.

6 July 2019 2:56 PM IST

The recovered gold bars.

Gold discounts at three-year peak after import duty increase

Gold futures jumped more than 2 per cent following the budget announcement to hit a record high of 35,100 rupees per 10...

6 July 2019 1:12 PM IST

...former French President, Hollande, is countering statement made against him with regard to a conflict of interest in his dealing with the Reliance Defence, Finance Minister Arun Jaitley wrote. (Photo: Twitter | @ANI)

Budget lays down roadmap for India to get back on high growth track:...

India's economic growth slowed to a five-year low of 5.8 per cent in the January-March quarter.

6 July 2019 12:29 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Budget 2019 puts onus on RBI to spur growth

In the fourth quarter of the fiscal year to last March 31, economic growth slumped to 5.8 per cent, the slowest pace in...

6 July 2019 12:24 PM IST

SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investments

US clears SoftBank's USD 2.25 billion investment in GM-backed Cruise

The approval unlocks a seat for SoftBank on Cruise's board, formalising its oversight, and cements key financing for...

6 July 2019 11:39 AM IST

Amazon CEO, Jeff Bezos

Amazon's Bezos finalises divorce with USD 38 bn settlement: report

Under the agreement, MacKenzie Bezos, 49, will receive approximately 19.7 million Amazon.com shares.

6 July 2019 9:48 AM IST

Finance Minister Nirmala Sitharaman presented Union Budget for Modi 2.0 government. (Photo: ANI | Twitter)

Budget 2019:: Public sector banks get Rs 70,000 cr boost in budget...

FM said that the financial gains from cleaning of the banking system are clearly visible and that NPAs have reduced by...

6 July 2019 8:06 AM IST

With cash still being the preferred mode of payment, Bharat is a far cry from a cashless economy. (Representational Image)

Budget 2019: Govt pushes for cashless economy, digital payment

Central Government may notify the persons to whom these provisions shall not be applicable in consultation with the...

6 July 2019 8:03 AM IST