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  Business   Economy  05 Apr 2018

Business, Economy, 05 Apr 2018

RBI cracks down on digital currencies; plans own cryptocurrency

Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies.

05 Apr 2018 6:21 PM

US dollar ends sharply cheaper against rupee

Pound sterling also finished lower at 91.25/27 per pound.

05 Apr 2018 6:11 PM

RBI dumps GVA model, switches back to GDP to meaure economy

Government had started analysing growth estimates using GVA methodology from January 2015.

05 Apr 2018 5:49 PM

RBI lowers inflation target for first half of FY19 to 4.7-5.1 pc

RBI had projected inflation in the 5.1-5.6 per cent range in the first half of 2018-19.

05 Apr 2018 3:35 PM

RBI maintains status quo; keeps repo rate unchanged at 6 per cent

The Reserve Bank of India on Thursday kept the key policy rate unchanged.

05 Apr 2018 3:09 PM


RBI keeps key policy rate unchanged at 6 per cent

Growth has been recovering and output gap is closing.

05 Apr 2018 2:45 PM

Central Board of Direct Taxes amends Section 16 of Income Tax Act

The pension received by a taxpayer from his former employer is taxable under the head 'Salaries'.

05 Apr 2018 2:37 PM

State-run bank shares rally after RBI eases bankruptcy provision needs

The banks will need to achieve 50 per cent provision cover for those loans by end-June.

05 Apr 2018 12:23 PM

Banks stare at $38bn new NPAs

Report says $53bn out of $178bn loans to the power sector are already stressed.

05 Apr 2018 4:51 AM