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Old note will continue to be accepted for the other utility bill payments as well as at railway ticketing counters and counters of government or public sector undertaking buses for purchase of bus tickets till December 15

Praising notes ban, RBI's Gurumurthy says economy would have collapsed

RBI's board meeting is scheduled to take place on Monday where the issues raised by the govt, including easing of PCA...

16 Nov 2018 10:47 AM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

High growth necessary for poverty alleviation: Arun Jaitley

Govt offered insurance at very affordable premium as part of the social security system through the PMJDY account.

15 Nov 2018 4:27 PM IST

Urjit Patel, governor, RBI

RBI, govt to accommodate each other by November 19 meet

Steps to ease credit pressure likely, capital framework row to be put on slow burner.

15 Nov 2018 10:23 AM IST

As per the Central Statistics Office (CSO) data inflation in vegetables contracted by 2.19 per cent last month, compared to 7.8 per cent in June.

WPI inflation rises to 5.28 per cent in Oct on costlier fuel

For October-March, the RBI pegged CPI-based retail inflation to be between 3.9-4.5 per cent.

14 Nov 2018 12:36 PM IST

ASSOCHAM, cautioned that extreme care needs to be taken to ensure safety of data trail that the cryptocurrency can leave, as it changes hands through a range of electronic devices and platforms.

PM's infra development vision to play catalytic role in overall...

Infra development will boost confidence of domestic and global investors as it will reduce the cost of doing business.

14 Nov 2018 11:11 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI may keep repo rate unchanged in rest of FY19: report

The consumer price index (CPI)-based inflation fell to a one-year low of 3.31 per cent in October 2018.

13 Nov 2018 3:17 PM IST

The industrial growth measured by the Index of Industrial Production (IIP) for 2017-18 too decelerated to 4.3 per cent from 4.6 per cent in the previous fiscal. The IIP had grown by 4.4 per cent in March 2017.

Industrial growth slips to 4-month low of 4.5 per cent in Sept

Retail inflation cools to year-low of 3.31 per cent in October.

13 Nov 2018 10:21 AM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

GST a monumental reform, hit growth only for 2 quarters: Jaitley

Former RBI Governor Raghuram Rajan blamed the indirect taxation reform for derailing the India's growth story.

12 Nov 2018 11:08 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI vs govt: The 18 wise men tasked with supervision of the Mint...

RBI board is scheduled to meet next on November 19 amid an ongoing tussle with the government on multiple fronts.

12 Nov 2018 10:56 AM IST

India's economic growth held back due to note ban, GST: Raghuram Rajan

Mr Rajan said for four years -- 2012 to 2016 -- India was growing at a faster pace before it was hit by two major...

10 Nov 2018 4:45 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Rs 82,775 cr GST refunds to exporters done; Rs 5,400 cr is pending

The disposal rate of GST refunds is 93.8 per cent as on October 31.

10 Nov 2018 10:59 AM IST

The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

Economists devise way to solve India's growth puzzle

Many economists find the new series puzzling as it is based on nominal indicators.

10 Nov 2018 1:13 AM IST