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$The CBDT has asked the taxman to scrutinise cases where a taxpayer has filed a revised income tax return (ITR) post demonetisation and directed them to slap \higher tax rate\ in instances where black money is detected. (Photo: AFP/Representational)$ Business

Demonetised notes still being processed for accuracy, genuineness':...

As on date, 59 sophisticated Currency Verification and Processing (CVPS) machines are in operation in RBI for the...

11 Feb 2018 1:09 PM IST

The report also said employability has grown to highest ever level of 45.6 per cent in last five years. (Photo: Representational/Pixabay)

India's corporate hiring to witness 10-15 pc growth this yr: India...

The report captured hiring intent of over 120 employers and reached out to over 5,10,000 students across the country.

11 Feb 2018 11:35 AM IST

Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

Fiscal situation should be comfortable next financial year: Jaitley

Fiscal deficit or gap between total expenditure and revenues has been pegged at 3.3 per cent for the next fiscal.

10 Feb 2018 3:59 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI, Sebi need to be cognisant of market volatility: Urjit Patel

Stock markets have been on a sharp downslide this week, barring just one session, amid a global rout in equities.

10 Feb 2018 3:43 PM IST

RBI governor Urjit Patel

Need to be forward-looking on monetary policy: Urjit Patel

Patel said the MPC decision took into account all the downside risks and mitigating factors.

10 Feb 2018 2:18 PM IST

Finance Minister Arun Jaitley (Photo: AP)

Deepen the corporate bond market, Jaitley tells Sebi

The board also discussed the implementation of the Budget announcements related to Sebi.

10 Feb 2018 2:02 PM IST

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

RBI status quo on key rate indicates growth will pick up: Garg

Government welcomes the MPC's assessment and notes its decision to maintain the policy rate.

10 Feb 2018 10:18 AM IST

The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses.

January retail inflation seen easing slightly, still above target:...

WPI likely eased in January, to 3.25 per cent from a year ago, compared to 3.58 per cent in December.

9 Feb 2018 1:20 PM IST

Shiv Sena and MNS have always stressed on the of use Marathi as a official language in all central government offices, nationalised banks, railways, airport, etc.

PSBs need Rs 2.06 trillion capital for 8-9 pc credit growth in FY19

The recapitalisation amount from the government will go towards sustaining the banks.

8 Feb 2018 5:56 PM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

Fears of RBI rate hike overdone; 25 bps cut likely in Aug

Reserve Bank did not go in for a hike in key rates, despite expecting a surge in inflation going forward.

8 Feb 2018 1:54 PM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

Inflation fears force RBI to hold key rates

Reverse repo rate remains at 5.75 pc and marginal standing facility rate and Bank Rate at 6.25%.

8 Feb 2018 12:21 AM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI lowers economic forecast to 6.6 per cent for FY18

Recapitalisation of PSUs along with resolution of stressed assets under IBC will create demand for fresh investments.

7 Feb 2018 4:09 PM IST