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Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

RBI releases national strategy for financial education, aims to create...

The strategy will develop credit discipline and encourage availing credit from formal financial institutions as per...

20 Aug 2020 2:24 PM IST

Peoples Bank of China picks up 0.006 pc stake in ICICI Bank. (PTI Photo)

People's Bank of China invests Rs 15 crore in ICICI Bank amid...

Chinese bank was among 357 institutional investors including domestic mutual funds, insurance companies and global...

19 Aug 2020 10:18 AM IST

Union minister Hardeep Singh Puri on Tuesday said around 3.65 crore jobs would be generated in the construction of houses sanctioned under the Pradhan Mantri Awas Yojana. (PTI Photo)

PMAY(U) to generate 3.65 crore jobs in construction of sanctioned...

Puri said that it is estimated that 158 lakh metric tonnes of steel and 692 lakh metric tonnes of cement would be...

18 Aug 2020 3:05 PM IST

Taxpayers not required to disclose high-value transactions in ITR. (PTI Photo)

Taxpayers need not reveal high-value transactions in ITR

Only third parties would report high-value transactions to the I-T department as per the Income Tax Act

17 Aug 2020 4:38 PM IST

GoAir repatriates over 50,000 Indians. (PTI Photo)

GoAir repatriates 50,000 Indians in over 300 flights from Gulf...

Saudi Arabia emerged as the top destination for GoAir repatriation flights, followed by Kuwait, the UAE, Qatar and Oman...

16 Aug 2020 9:37 AM IST

Union Finance Minister Nirmala Sitharaman said that a total amount sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme. (PTI Photo)

Banks sanctioned Rs 1.43 lakh crore loans under credit guarantee...

Emergency Credit Line Guarantee Scheme was launched to provide much-needed relief to the MSME sector to meet their...

14 Aug 2020 2:08 PM IST

Indias July retail inflation dims chances of rate cut. (AFP Photo)

Retail inflation inches up to nearly 7% in July on higher food prices

Food prices soared due to supply-side disruptions caused by the coronavirus lockdown and rose 9.62% compared to a jump...

14 Aug 2020 10:08 AM IST

India announced a $500 million package to fund a project in the Maldives. (PTI Photo)

India extends $500 million aid to Maldives to restrict Chinese moves

Jaishankar said the plan linking Male to islands of Villingili, Gulhifahu will be the largest civilian infrastructure...

14 Aug 2020 9:24 AM IST

A worker examines diamond stones at Rijiya Gems, a diamond cutting and polishing workshop. (AFP Photo)

Gems, jewellery exports dip 38% in July as virus slows global demand

In the April to July period, cut and polished diamond exports plunged 46.5% from a year ago to $2.7 billion, GJEPC said

13 Aug 2020 4:16 PM IST

PM Modi launches platform for Transparent Taxation - Honoring the Honest. (PTI Photo)

PM Modi unveils new tax platform, says tax paying to become seamless,...

Faceless assessment & taxpayers charter come in force from today, whereas faceless service will be available from...

13 Aug 2020 12:25 PM IST

China is extending an anti-dumping tariff on a fibre optic product made in India. (AP Photo)

China increases anti-dumping tariff on Indian fibre optic product for...

The punitive tariff on single-mode optical fibre takes effect from August 14 and lasts for five years

13 Aug 2020 9:01 AM IST

Tax authorities raids Chinese entities for money laundering. (PTI Photo)

I-T Department raids premises of Chinese entities in money laundering...

Chinese individuals and a couple of bank employees were involved in money laundering through a series of shell...

12 Aug 2020 9:34 AM IST