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Union Minister Arun Jaitley said that Congress had no real issue and was hence resorting to manufacturing. (Photo: File)

Number of direct taxpayers may double to 7.6 cr during 5 yrs: Jaitley

The number of direct taxpayers was 3.8 crore when the Modi-led government took office in May 2014.

12 Oct 2018 12:35 PM IST

EPFO is a retirement fund body that has a savings corpus of Rs 6.5 lakh crore. (Photo: Representational/PTI)

Finance panel not to penalise states over funds' devolution

The commission members also interacted with leaders of various political parties to elicit their views on devolution of...

12 Oct 2018 9:13 AM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC's open offer for 26 pc stake in IDBI Bank to begin from December 3

The open offer, at Rs 61.73 per equity share, will close on December 14.

11 Oct 2018 7:15 PM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee recovers after slumping to record low, up 9 paise against US...

Softening crude oil prices and the greenback weakening against other currencies provided support to the home unit.

11 Oct 2018 7:02 PM IST

Bank of India has cut MCLR rates by 0.05-0.10 per cent for various tenors from September 10. Photo: PTI

Bank of India raises MCLR rates by 0.05 pc on two tenures

Punjab National Bank also increased its benchmark lending rates or MCLR last week.

11 Oct 2018 5:17 PM IST

Vodafone India and Idea Cellular have decided to sell their respective tower businesses in India to ATC Telecom Infrastructure for Rs 7,850 crore. (File Photo)

Telcos propose new KYC process

Before the apex court order, telecom operators had developed a system for instant online verification of customers using...

11 Oct 2018 12:18 AM IST

Federation of Indian Export Organisations

Exporters seek to take advantage

He said that banks are not agreeing to remit funds to exporters to their branch offices/ subsidiaries established in...

11 Oct 2018 12:05 AM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

India's debt lower than best, emerging market economies: IMF

India private debt in 2017 was 54.5 per cent of the GDP and the general govt debt was 70.4 per cent of the GDP.

10 Oct 2018 1:36 PM IST

Wholesale inflation in the month of October soared to 3.59 per cent on the back of food and fuel prices. (Photo: PTI)

Inflation likely rose to RBI's four percent target in Sept: report

Wholesale price inflation probably rose to 4.90 per cent in September from 4.53 per cent in August.

10 Oct 2018 12:28 PM IST

Officials from the Maharashtra Child Development Labour Welfare Department along with the personnel from the Thane (rural) police raided establishments in the Kashimira belt. (Photo: PTI)

India ranks 147th in efforts to cut inequality

Clubbed with Nigeria, India features in the bottom 10 of the Oxfam index.

10 Oct 2018 12:46 AM IST

Union Minister Arun Jaitley said that Congress had no real issue and was hence resorting to manufacturing. (Photo: File)

WhatsApp ready with system to comply with RBI's norms

In April, the Reserve Bank of India (RBI) came out with a circular regarding data localisation policy for payment system...

10 Oct 2018 12:35 AM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)

SBI to buy assets worth Rs 45,000 cr from NBFCs to resolve liquidity...

The country's largest lender said that it has stepped up target purchase of good quality portfolio of assets from NBFCs.

9 Oct 2018 7:07 PM IST