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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.

Rise in inflation likely to keep RBI on hold: Morgan Stanley

Reserve Bank is likely to hold the key rate in the monetary policy review next month.

14 Sept 2017 3:17 PM IST

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

India FY18 GDP growth likely at 7.1 per cent: Nomura

Industrial production (IIP) during July slipped to 1.2 per cent on account of poor manufacturing show.

13 Sept 2017 1:28 PM IST

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

India's August inflation seen at 5-month high on rising food costs

Consumer prices were forecast up at 3.20 per cent in Aug from a year ago, jumping from July's 2.36 per cent.

11 Sept 2017 1:12 PM IST

BJP president Amit Shah addresses during the conclave in New Delhi. (Photo: PTI)

Note ban led to expansion of formal economy: Amit Shah

RBI figures disclosed that over 99 per cent of banned notes were deposited with banks.

9 Sept 2017 5:34 PM IST

WPI inflation, which reflects the annual rate of price rise, has risen for the second straight month, notwithstanding the cash crunch following demonetisation.

CPI inflation seen at 3.2 pc in Aug: Morgan Stanley

Trade deficit is expected to narrow to about USD 10.3 billion in August from USD 11.5 billion in July.

8 Sept 2017 5:34 PM IST

India has been the worlds fastest growing major economy over the past two years.

India GDP growth to re-accelerate as GST impact fades: Morgan

GST related disruptions but underlying growth momentum remains strong and country may clock 6.7 pc.

6 Sept 2017 1:39 PM IST

The decision came after a meeting of representatives of Indian Revenue Service (Customs and Central Excise), All India Association of Central Excise Gazetted Executive Officers, All India Central Excise Inspectors Association and All India

Services sector contracts for 2nd month in August on GST woes

PMI Output Index rose from July's 100-month low of 46.0 in July to 49.0 in August.

5 Sept 2017 11:25 AM 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.

Lending rate cuts key to economic revival: BofAML

The rate cut was the first in 10 months and brought policy rates to a near 7-year low.

3 Sept 2017 11:33 AM IST

GDP stands for Gross Domestic Product.

GDP growth at 5 pc under old series; analysts cut FY18 estimates

GDP growth in the first quarter of 2017-18 was lower than 6.1 per cent.

1 Sept 2017 6:17 PM IST

Niti Aayogs new Vice-Chairman Rajiv Kumar.(Photo: PTI)

GDP growth to improve to 7-7.5 per cent in Q2: Rajiv Kumar

India's GDP growth rate slid to a 3-year low of 5.7 per cent in the first quarter.

1 Sept 2017 3:47 PM IST

Indian economy, GDP, slipped to a record low rate in August. (Photo: AP)

Core sector growth slows down to 4-month low of 4.3 pc in Sept

During April-September 2018, the core sector growth was 5.5 per cent as against 3.2 per cent in the year-ago period.

31 Oct 2018 5:16 PM IST

Mukesh Ambani also revealed that post Jios launch in India, the country ranks number one in the world in mobile data consumption. (Photo: ANI)

India on way to becoming 3rd richest country: Mukesh Ambani

Ambani said India needs to prepare itself for a period of information and digital abundance.

30 Oct 2018 12:24 PM IST