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

P-notes investment drops to 8-year low of Rs 1.23 lakh cr

Of total investments in September, P-note holdings in equities were at Rs 91,160 crore.

12 Nov 2017 11:24 AM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI remains net buyer of greenback in Sep, snaps up $1.3 bn

RBI intervenes in the foreign market to contain volatility in the rupee and not set a price band.

12 Nov 2017 11:08 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.

Apex body of hotels, restaurants welcomes GST rate change

Govt decided to fix GST rate at 5 per cent for all restaurants and not give them input tax credit.

11 Nov 2017 11:31 AM IST

FDI equity inflow in manufacturing sector grew by 31 per cent to USD 4.19 billion during April-June this fiscal.

DIPP approves FDI proposal for single-brand retail sector

FDI into the country grew 9 per cent to USD 43.47 billion in 2016-17.

11 Nov 2017 11:05 AM IST

Finance Minister Arun Jaitley addresses the media after 23rd GST Council Meet in Guwahati, Assam. (Photo: PIB)

GST Council slashes rates of over 200 items; changes from Nov 15

Chocolates, shampoo, eating out to cost less; For now, no GST on real estate.

10 Nov 2017 7:29 PM IST

The RBI directed all banks to implement doorstep banking facilities for differently-abled citizens and those above 70 years of age by December this year. (Photo: PTI)

RBI directs to enable doorstep banking for senior citizens,...

Banks were also advised to provide a dedicated counter for senior citizens and people who are differently-abled.

10 Nov 2017 4:14 PM IST

The Economic Advisory Council to Prime Minister Narendra Modi on Friday spelt out a road map for stepping up skill development, job creation and enhanced resource investment in the social sector. (Photo: ANI)

EAC-PM spells out 'road map' for job creation, skill development,...

The EAC also made recommendations to guide the framework for the Fifteenth Finance Commission.

10 Nov 2017 4:01 PM IST

Revenue Secretary Hasmukh Adhia with Finance Minister Arun Jaitley at a GST Council meet. (Photo: File/PTI)

GST Council keeps only 50 of 227 items in 28 per cent slab

The Council has decided to keep only 50 items, mostly demerit, sin and luxury goods in top 28 per cent bracket.

10 Nov 2017 2:35 PM 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.

Businesses can revise GST transition claim form now

Facility to revise Form GST TRAN-1 declaration has been introduced on GST Portal for taxpayers.

10 Nov 2017 2:02 PM IST

Dr Shamika Ravi, a Senior Fellow of Governance Studies Program at Brookings India and Brookings Institution Washington D.C. is attending the meeting of the EAC to Prime Minister Narendra Modi as a part-time member. (Photo: ANI)

Dr Shamika Ravi attends Economic Advisory Council meeting

The second meeting of the Economic Advisory Council is underway, headed by Bibek Debroy.

10 Nov 2017 1:03 PM IST

Central government employees can now take advance upto Rs 25 lakhs for construction or purchase of house at a simple interest rate of 8.50 per cent. (Photo: Pixabay)

Central govt employees can now take advance upto Rs 25 lakhs for new...

Earlier, the maximum borrowing limit was Rs 7.50 lakh with interest rate slabs ranging from 6 per cent to 9.50 per cent.

10 Nov 2017 12:30 PM IST

Domestic passenger vehicle sales declined marginally to 2,79,837 units in October. (Photo: PTI)

Car sales down 5.32 per cent; passenger vehicles dip marginally in Oct

Motorcycle sales last month declined by 3.50 per cent to 11,04,498 units compared to 11,44,512 units in October 2016.

10 Nov 2017 11:57 AM IST