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Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)Business
Nirmala Sitharaman silent on higher taxes for foreign investors:...

Investors in turn pulled USD 1.8 billion out of Indian equities in July alone.

10 Aug 2019 10:33 AM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)Business
Piyush Goyal to lead delegation of five CMs, business leaders to...

The commerce minister's visit would see major announcements on collaborative projects with Russia.

9 Aug 2019 8:09 PM IST

The industrial growth measured by the Index of Industrial Production (IIP) for 2017-18 too decelerated to 4.3 per cent from 4.6 per cent in the previous fiscal. The IIP had grown by 4.4 per cent in March 2017.Business
Industrial production growth slows to 4-month low of 2 per cent in...

Factory output, as measured by the Index of Industrial Production (IIP), had expanded by 7 per cent in June 2018.

9 Aug 2019 7:31 PM IST

Finance Minister Nirmala SitharamanBusiness
Govt, RBI on same page on steps to boost economy: Sitharaman

Finance Minister Nirmala Sitharaman said the government is looking at the financial sector woes and will address them.

9 Aug 2019 5:53 PM IST

Income support schemes the Congresss Nyay for 20 per cent of the poorest households and the BJPs PM Kisan scheme for farmers with less than two hectare of land, are both progressive social protection measures.Business
Monsoon deficit narrows; kharif sowing progressing well: Agri Min

India Meteorological Department (IMD) has projected overall monsoon to remain normal.

9 Aug 2019 3:20 PM IST

Reserve Bank of India (RBI)Business
RBI not done with easing, to cut in October and early next year:...

If the RBI does cut rates in Oct and early next year it will be the most aggressive amongst major central banks in...

9 Aug 2019 2:08 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.Business
India may exempt foreign portfolio investors from higher taxes:...

In the budget last month, Sitharaman proposed to hike taxes on those earning more than 20 million rupees annually.

9 Aug 2019 9:53 AM IST

Calling it a serious matter, CAIT urged the government to start a high-level enquiry at Indian ports to bring an end to the crony nexus. (Photo: File | Twitter)Business
CAIT launches initiative to accelerate use of digital payments among...

HDFC Bank's Smita Bhagat said that the initiative will make a big difference in the lives of small traders.

8 Aug 2019 7:14 PM IST

Economic Affairs Secretary Shaktikanta DasBusiness
RBI cuts rate 0.35 per cent, EMIs set to fall

The RBI itself has reduced its growth estimate down to 6.9 per cent for FY20, from the seven per cent it had projected...

8 Aug 2019 1:59 AM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI cuts risk weight on consumer loans to 100 per cent

On a review, it has been decided to reduce the risk weight for consumer credit, including personal loans, RBI statement...

7 Aug 2019 7:35 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
RBI to cover all repetitive bill payments under Bharat Bill Payments...

A detailed guideline in this regard will be issued by September-end.

7 Aug 2019 3:00 PM IST

Reserve Bank of India (RBI)Business
RBI to allow round-the-clock fund transfers under NEFT from December

RBI had said that it will make available the NEFT system on a 24x7 basis from December 2019.

7 Aug 2019 1:46 PM IST

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