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A day after Union Finance Minister Arun Jaitley claimed that demonetisation has left Maoists and separatists in Jammu and Kashmir fund-starved, the Congress party on Monday said the he should validate his claims. (Photo: PTI)

Arun Jaitley asks CPSEs to aggressively push capex

While reviewing the capital expenditure plans of important CPSEs, estimated at Rs 3.85 lakh crore.

28 Sept 2017 7:49 PM IST

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

Govt plans to borrow Rs 2 lakh crore in H2, FY18

Net borrowings in the October-March period of the year has been pegged at Rs 1.92 lakh crore.

28 Sept 2017 7:02 PM IST

As per estimates, only 5 per cent Indians use digital payment modes.

Card payments push may land banks with a Rs 3800 cr annual hole

Net revenue gain per annum from ON-US transactions at PoS would be around Rs 900 crore only.

28 Sept 2017 6:27 PM IST

2016 overall was a watershed year for Indian real estate. (Representational Image)

Realty sector to have over 17 mn workforce by 2025: report

Potential employment opportunities in the real estate sector are expected at 17.2 million jobs by 2025.

28 Sept 2017 5:16 PM IST

Govt confuesd development can be done through welfare schemes: Sinha

Former finance minsiter says for development non-performing asset of banks should be cleared.

28 Sept 2017 5:06 PM IST

A day after Union Finance Minister Arun Jaitley claimed that demonetisation has left Maoists and separatists in Jammu and Kashmir fund-starved, the Congress party on Monday said the he should validate his claims. (Photo: PTI)

Step up capital spending: Finance Minister to CPSEs

Central public sector enterprises have been asked to stick to capex target for current fiscal.

28 Sept 2017 4:54 PM IST

Electronic and IT Minister Ravi Shankar Prasad. (Photo: PTI)

Govt saved Rs 58,000 cr via DBT for subsidies: Prasad

IT minister says govt utilising digital technology to bring about changes that benefit poor and underprivileged.

28 Sept 2017 3:47 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Icra sees RBI leaving rates unchanged on October 4

The repo rate at present at 6 per cent, there maybe room for further monetary easing.

28 Sept 2017 3:12 PM IST

On Monday, the rupee had gained 9 paise to close at 66.92 per dollar in view of strong foreign capital inflows coupled with a firm equity market.

P-notes investment hits over 7-year low of Rs 1.25 lakh cr

P-note holdings in equities were at Rs 88,911 crore and the remaining in debt and derivatives markets.

28 Sept 2017 2:49 PM IST

Foodgrains, rice, wheat, pulses, come under Aadhaar-enabled direct benefit transfer, DBT, scheme. (Photo: PTI)

Govt gives more time to get Aadhaar must for subsidies

As many as 135 welfare schemes of 35 ministries will be covered by extension.

28 Sept 2017 12:49 PM IST

The Union finance ministry said that there were some complaints that the taxpayers are not being able to log on to the e-filing website of I-T department or not being able to link Aadhaar with PAN.

I-T dept fastens belt to add 1.25 cr new tax filers this year

The total number of all returns (electronic + paper) filed during the financial year 2016-17 was 5.43 crore.

28 Sept 2017 12:40 PM IST

Prime Minister Narendra Modi. (Photo: AP)

Policy flip-flops may risk Modi's 'Make in India' drive

GE won $2.6 bn contract to supply 1,000 diesel locomotives; rail ministry says it wouldn't need diesel.

28 Sept 2017 11:28 AM IST