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People wait for cash withdrawals outside a Yes Bank branch in Ahmedabad on Friday. (Photo: AP)

RBI's Yes Bank rescue plan on, SBI to pick 49 per cent

Finance Ministersaid the government had asked the Reserve Bank to look into what went wrong at Yes Bank and fix...

7 March 2020 6:29 AM IST

Satish Marathe, a member of RBIs central board. (Photo- Social media)

Stimulus package fails to involve banks as frontline warriors, says...

He said the three-month moratorium offered for loan repayments announced by Reserve Bank of India is "not enough"

20 May 2020 12:41 PM IST

Govt implements cut in employees provident fund contribution to 10% for May, Jun, July. (PTI Photo)

EPFO alert! Government implements cut in EPF contribution to 10% for...

Reduction in EPF contributions shall be applicable "in respect of wages payable by it for the months of May, June and...

19 May 2020 3:19 PM IST

Govt to soon take decision on OCI card holders to allay fears of temporary suspension of visas. (PTI Photo)

Indian government will soon take decision on OCI visa issue: Minister

Muraleedharan urged the diaspora to invest in India given the opportunity being offered by the major economic reforms

18 May 2020 12:17 PM IST

Migrant workers from other states trying to return to their homes arrives for transportation to a train station in Ahmedabad. (AP)

135 million Indians may lose job due to coronavirus impact

The worst impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita...

17 May 2020 4:25 PM IST

Congress says government package only worth Rs 3.22 lakh cr and 1.6% of GDP, not Rs 20 lakh crore

Congress accuses government of misleading people in the name of...

Government's economic package is only of Rs 3.22 lakh crore and 1.6 percent of India's GDP and is not worth Rs 20 lakh...

17 May 2020 4:03 PM IST

Centre increased borrowing limit for states from three to five per cent for 2020-21 only, Union Finance Minister Nirmala Sitharaman announced on Sunday. (PTI Photo)

Borrowing limit of states increased to tackle economic fallout of...

The decision comes after requests posed by various state governments

17 May 2020 1:43 PM IST

Union Finance Minister Nirmala Sitharaman. (ANI Photo)

FM Nirmala announces additional 40k crore under MGNREGS to boost...

Top-100 universities will be permitted to automatically start online courses by May 30, 2020

17 May 2020 12:26 PM IST

Union Finance Minister Nirmala Sitharama. (PTI Photo)

Sitharaman to announce fifth and final tranche of economic package at...

Finance Minister on Saturday said the government will introduce competition, transparency and private sector...

17 May 2020 9:45 AM IST

Finance Minister Nirmala Sitharaman. (PTI Photo)

FM Nirmala Sitharaman's third tranche covers agriculture and allied...

Financing facility of Rs 1,00,000 crore will be provided for funding agriculture infrastructure projects at farm-gate...

15 May 2020 5:42 PM IST

The telecom industry on Wednesday reiterated the demand for a refund of Rs 35,000 crore GST credit. (PTI Photo)

Telcos seek Rs 35k cr GST refund, pending payment of Rs 20k cr from...

The telecom industry has unutilized GST input tax credit over Rs 35,000 crore for which the sector has repeatedly...

15 May 2020 2:27 PM IST

Sensex drops over 200 pts in early trade. (PTI Photo)

Sensex dips 200 points, slips below 31k; Nifty tests 9,100 level

M&M was the top laggard in the Sensex pack, cracking over 3 per cent

15 May 2020 10:43 AM IST