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Finance Minister Arun Jaitley said the new process would be finalised in the next meeting of the GST Council after a written formulation is circulated to the states. (Photo: Twitter | ANI)

Banks, telcos could be allowed to use Aadhaar, says Jaitley

Supreme Court declared constitutional the government's extraordinary attempt to give every resident a biometric ID.

6 Oct 2018 2:35 PM IST

I am asking these questions as his misadventure is impairing national interest and I hope Rahul Gandhi and the Congress party would respond immediately, Finance Minister Arun Jaitley wrote on Facebook. (Photo: ANI)

Some more steps likely to narrow current account deficit, says Jaitley

Govt cut borrowing target for the current fiscal by Rs 70,000 cr and allowed oil cos to raise USD 10 bn in one year.

6 Oct 2018 11:17 AM IST

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

Rupee at 74 to a dollar is still better than its EM peers: Patel

Rupee has depreciated in nominal effective terms by 5.6 per cent since the end of March, says Patel.

5 Oct 2018 6:03 PM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

Fiscal slippages to have adverse bearing on inflation, markets: RBI

Finance Minister Arun Jaitley has, however, assured that the government will stick to the fiscal deficit target.

5 Oct 2018 5:22 PM IST

The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.

RBI maintains status quo; warns volatile oil prices pose risk to...

MPC said that the recent excise duty cuts on petrol and diesel will moderate retail inflation.

5 Oct 2018 4:31 PM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

RBI lowers retail inflation projection to 3.9-4.5 pc for second half...

Inflation is projected at 4 pc in second quarter (July-September) 2018-19, 3.9-4.5 pc in H2 (October-March) and 4.8 pc...

5 Oct 2018 3:44 PM IST

Urjit Patel, governor, RBI

Reserve Bank of India keeps key policy rate unchanged at 6.50 pc

RBI in its monetary policy meet in August had decided to hike the key interest rates from 6.25 pc to 6.50 pc.

5 Oct 2018 2:44 PM IST

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

RBI seen raising rates again as rupee slide accelerates

A rate hike should make domestic yields on debt more attractive for foreign investors.

5 Oct 2018 10:41 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rupee crashes to all-time low of 73.81 on capital outflows, rising oil...

The rupee has lost 110 paise or 1.51 per cent in the three sessions since Monday.

4 Oct 2018 7:42 PM IST

Senior BJP leader Arun Jaitley outside the finance ministry at North Block in New Delhi on Thursday. (Photo: PTI)

Govt determined to contain IL&FS crisis to avoid any adverse impact:...

The government earlier this week superseded the board of IL&FS.

4 Oct 2018 7:10 PM IST

Chanda Kochhar: The fall of a feisty woman who broke the glass ceiling

She joined ICICI as a management trainee in 1984 and rose to play an important part in its transformation.

4 Oct 2018 7:02 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

Sandeep Bakhshi becomes ICICI Bank MD, CEO for five years

He was brought to the bank for a smooth functioning as Kochhar was forced to go on an indefinite leave.

4 Oct 2018 5:20 PM IST