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Vinod Rai said public sector banks still have a role specially in the creation of infrastructure in the country.

PSBs have a role, needed to push infra growth: Vinod Rai

Vinod Rai said public sector banks still have a role specially in the creation of infrastructure in the country.

1 April 2018 11:41 AM IST

The government has sanctioned GST refunds worth about Rs 12,700 crore or 80 per cent of the eligible claims of exporters.

CBEC sanctions Rs 12,700-crore GST refund claims

The government has sanctioned GST refunds worth about Rs 12,700 crore or 80 per cent of the eligible claims of...

1 April 2018 11:31 AM IST

The Nikkei India Manufacturing Purchasing Managers Index (PMI) fell to 50.3 in October, from 51.2 in September, indicating a broad stagnation in the manufacturing sector.

India's manufacturing sector growth eased slightly in Feb: PMI

PMI fell from 52.4 in January to 52.1 in February, indicating a modest improvement in operating conditions.

28 Feb 2018 11:25 AM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

India to grow 7.6 per cent in calendar year 2018: Moody's

Budget for 2018-19 includes some measures that could stabilise the rural economy that was disproportionately hit by...

28 Feb 2018 10:51 AM IST

The income-tax department had booked Mr Bhandari under the new act, called the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. (Photo: PTI)

Online filing must for PF withdrawals above Rs 10 lakh: EPFO

At present, EPFO subscribers have the option of filing online as well as manual claims for provident fund withdrawal as...

28 Feb 2018 10:09 AM IST

Minister Narendra Modi addressing the Parivarthan Yatra rally at Palace Grounds in Bengaluru. (Photo: ANI/Twitter)

PM seeks foreign investments, says India one of the most open...

India is already the third-largest economy in terms of purchasing power.

27 Feb 2018 11:36 AM IST

Finance Minister Arun Jaitley will unveil the Union Budget 2018 on Thursday. (Photo: PTI)

Banks told to step up agri loans before polls

FM says boost in lending to double farmers' income.

27 Feb 2018 12:22 AM IST

Profits from major ports to touch Rs 7,000 crore: Gadkari

Ministry expects Rs 15 lakh crore investments under ambitious 'Sagarmala' infrastructure development programme.

26 Feb 2018 5:04 PM IST

Some bankers have suggested that RBI has stopped supplying new Rs 2,000 notes.

P-Note investments dip to 8 year low at Rs 1.19 lakh cr in Jan

Of the total investments in November, P-note holdings in equities were at Rs 84,278 crore.

26 Feb 2018 4:55 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

CPI inflation to trend higher; chances of rate hike rising

UBS expects headline CPI inflation to remain in the range of 5.1-5.6 per cent over the next few months .

26 Feb 2018 3:37 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India's Dec quarter GDP growth likely to be 7 per cent: report

GDP grew by 6.3 per cent in July-September quarter of fiscal, up from 5.7 per cent in first quarter.

26 Feb 2018 1:16 PM IST

Businesses availing trasnitional credit can file GST returns till August 28. Photo: Twitter| @GSTN_IT

Taxpayers can check return filing status of suppliers on GSTN portal

Once GSTIN is inserted in system, it would show taxpayer details like legal name, status (active or cancelled),...

24 Feb 2018 12:26 PM IST