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Prior to the December 1 price change, rates were hiked by Rs 1.46 a litre in the case of petrol and Rs 1.53 per litre for diesel, excluding local levies, on November 16.

MP govt slashes VAT on petrol, diesel; prices applicable from midnight...

States this week reduced VAT in response to the Centre's decision to cut excise duty on petrol and diesel last week.

13 Oct 2017 12:20 PM IST

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

Consumer inflation holds steady in September, chances of rate cut...

Chances of policy rate cut by the Monetary Policy Committee as the RBI expects inflation to rise in coming months.

13 Oct 2017 11:24 AM IST

Finance Minister Arun Jaitley at a 2014 World Economic Forum, WEF, event. (Photo: File/PTI)

Increasing India-US trade to USD 500 billion not a distant dream:...

According to the United States Trade Representative figures, India was US' ninth largest trading partner.

13 Oct 2017 11:01 AM IST

Finance minister Arun Jaitley addresses the media after the 22nd meeting of the GST Council in New Delhi. (Photo: PTI)

US investors understand GST, note ban well: Jaitley

Finance Minister, on sidelines of IMF and World Bank meets, says there is a positive mood about India in US.

13 Oct 2017 9:54 AM IST

Digital payments by mobile wallets bring in convenience with a few clicks, tendering exact change, and so on.

PPI share in digital payments to rise to 30-40 per cent: PCI

PPIs contribution to digital payments from current share of less than 10 per cent.

12 Oct 2017 8:24 PM IST

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

Retail inflation at 3.28 per cent in September

Data revealed overall food inflation moderated to 1.25 per cent in Sept from 1.67 per cent in previous month.

12 Oct 2017 6:38 PM IST

The train was running at a speed of about 40 km per hour which, officials say, prevented any injuries when the incident occurred.

India gets 1st diesel locomotive from GE, work on Bihar factory on

Indian Railways and GE jointly to supply and maintain modern diesel electric locomotives of 4,500 HP and 6,000 HP.

12 Oct 2017 6:37 PM IST

Industrial output or IIP rose 1.2 per cent in July. Photo: PTI

IIP growth rises to 9-month high of 4.3 per cent in August

IIP growth during April-August period of this fiscal stood at 2.2 pc, down from 5.9 pc in same period in 2016-17.

12 Oct 2017 6:32 PM IST

Morgan Stanley expects CPI and WPI inflation to rise further in coming months. Photo: PTI

CPI inflation for September tanks to 3.28 per cent, IIP climbs to 4.3...

According to data released by the government, the retail inflation rate for the month of August stood at 3.36 per cent.

12 Oct 2017 5:46 PM IST

DCB Bank has revised downward its MCLR across tenors with overnight loans attracting 8.35 per cent interest rates. (Representational Image)

Banks need to set aside Rs 3.3 tn as NPA provisioning in FY18

Banks would need to step up on provisioning, mainly for large corporate NPAs.

12 Oct 2017 4:43 PM IST

As the four occupants, including a woman, failed to give any satisfactory explanation about the source of cash in their possession, they have been detained, police said. (Photo: Representational Image)

UP's 800,000 govt employees to get 30 days' Diwali bonus

Statement issued by UP govt on Wednesday said bonus for an employee will be up to Rs 6,908.

12 Oct 2017 3:47 PM IST

Union Finance Minister Arun Jaitley addressing a press conference after a cabinet meeting in New Delhi. (Photo: PTI)

Govt to discuss bringing real estate under GST in Nov: Jaitley

The Indian real estate market is expected to touch USD 180 billion by 2020.

12 Oct 2017 1:36 PM IST