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Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds.

Cryptocurrencies not legal, will eliminate their use: Jaitley

RBI has not given any licence to any entity/company to operate such currencies.

1 Feb 2018 12:45 PM IST

As per the first estimate released by the Agriculture Ministry, onion production is pegged at 197.13 lakh tonnes for 2016-17 crop year

Govt to take steps to promote agri commodity exports: Jaitley

India's agri exports potential is as high as USD 100 billion against a current export of USD 30 billion.

1 Feb 2018 12:31 PM IST

To improve ease of doing business, a new scheme of self-assessment-based duty-free procurement of inputs required for exports has been introduced.

Union Budget 2018 predicts exports to expand by 15 per cent this year

The country's merchandise shipments rose 12.36 per cent to USD 27.03 billion in December 2017.

1 Feb 2018 11:59 AM IST

Finance Minister Arun Jaitley (Photo: AP)

India USD 2.5 trillion economy, set to be 5th largest in world:...

Finance Minister said in Budget speech that India will grow 7.2-7.5 per cent in second half of current fiscal.

1 Feb 2018 11:53 AM IST

Chinese workers make machinery at a factory in Wenzhou city, east Chinas Zhejiang province. (Photo: AP)

India factory growth cools to 3-month low in Jan on weaker demand

Economy is still struggling to recover from a weaker demand trend seen since ban of high-value currency notes in Nov...

1 Feb 2018 11:22 AM IST

Budget 2018: Relief for the salaried, standard deduction back of Rs...

There were hopes ahead of Budget that Finance Minister Arun Jaitley would make the middle class happy.

1 Feb 2018 10:54 AM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Budget 2018: GST revision concerns retailers

Gold jewellery retailers said they prefer old tax of one per cent on ornaments instead of three per cent.

1 Feb 2018 10:23 AM IST

The survey also revealed that citizens want the government to widen the tax base and create better awareness about paying income tax.

India wants Budget to focus on rural sector, says survey

Around 25 per cent of the respondents were in favour of reducing the peak income tax rate to 25 per cent from 30 per...

1 Feb 2018 7:07 AM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Govt fixes rates up to 7.68 pc for recap bonds with 6 maturities

A total of Rs 80,000 crore will be infused in state-owned banks through the bonds this year.

31 Jan 2018 4:44 PM IST

Prime Minister Narendra Modi, Home Minister Rajnath Singh, Finance Minister Arun Jaitley, Congress leader Ghulam Nabi Azad and Parliamentary Affairs Minister Ananth Kumar during an all-party meeting, ahead of the Budget Session, at Parliament House in New Delhi on Sunday. (Photo: PTI)

Union Budget 2018 to test investor's faith in Modi government

Markets will be focused on how much India widens its fiscal deficit beyond the 3 pc of GDP projected for 2018-19.

31 Jan 2018 4:25 PM IST

Niti Aayog 'in principle' nod to Chhattisgarh's Bastar development...

Niti Aayog has given its approval for the expansion of banking services in remote rural areas of Bastar.

31 Jan 2018 2:57 PM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

1,235 new FPIs register with Sebi in April-December FY'18

Sebi in 2014 released norms that clubbed different categories of foreign investors into a new class called FPIs.

31 Jan 2018 2:13 PM IST