Prime Minister Narendra Modi on Wednesday reviewed the preparation to roll out India's most transformative tax reform in decades, Goods and Services Tax or GST regime, possibly from April 1 next year, with Finance Minister
Country’s wholesale inflation soared to a two-year high of 3.74 per cent in August from 3.55 per cent in July.
Amid Opposition's criticism of alleged manipulation in Jan Dhan figures, government officials on Tuesday said deposits under this flagship financial inclusion scheme has crossed Rs 42,000 crore-mark and the percentage of zero-balance accounts has fal
In what would be a huge benefit for the cash-strapped Railways, the scrapping of separate Rail Budget would have it save Rs 10,000 crore per year as it would no longer need to pay dividend.
The violence that has triggered amid the ongoing Cauvery dispute between Karnataka and Tamil Nadu has impacted the states in more ways than one. The protests have not only taken a toll on the infrastructure
In a move furthering it's aim to create an Aadhaar card-based ecosystem in the country, the Indian Railways has adapted a new measure that would force the commuters to get one. As per a new
The Ministry of Commerce and Industry has circulated a cabinet note proposing the setting up of a ‘formal institutional mechanism’ to determine the right value of the rupee.
The Goods and Services Tax (GST) Council with the Union Finance Minister as its chair was approved on Monday, with powers to recommend the indirect tax rate, establish a disputes redressal mechanism, among other matters.
India's annual retail inflation eased by 100 basis points to 5.05 per cent in August, but industrial production contracted by 2.4 per cent in July registering its worst performance in eight months mainly on account
The country’s top e-commerce giant Flipkart is looking forward to hire over 10,000 temporary employees to accelerate its delivery and logistics service to meet the festive demand. The move comes as part of the preparations
Yoga guru Ramdev-led Patanjali group is all set to give competitive edge to the various foreign brands by launching Indianised jeans. Patanjali is all set to explore international markets with its FMCG products and may
After high-speed Talgo successfully completed its trial run today, Railway Ministry has announced the launch of Humsafar trains. As per a Railway Ministry official, these trains will be unveiled next month with fares that would
The chairman emeritus of Tata Sons - Ratan Tata - today said that his Twitter account was hacked yesterday and he had not shared any joke or tweet on PM Modi or Mukesh Ambani. "Shocked
Former RBI Governor Raghuram Rajan, whose tenure at the central bank ended this month, hopes the process of cleaning up banks in the country will be finished and government will continue to prioritise "low inflation",
Urjit Patel on Monday assumed charge as the 24th Governor of Reserve Bank of India, succeeding Raghuram Rajan whose three-year controversy-ridden tenure ended on Sunday.
Urjit Patel today stepped in the shoes of Raghuram Rajan as he took over the charge of Reserve Bank of India (RBI). The new Governor of the central bank has his immediate task cut out
Demitting office today, Reserve Bank of India (RBI) Governor Raghuram Rajan will hand over the charge of the central bank to Deputy Governor Urjit Patel. In honour of the outgoing RBI chief, a farewell dinner
The Reserve Bank of India (RBI) should not lose its ability to say 'no' to highest echelons of government, Governor Raghuram Rajan said on the eve of his farewell day at the central bank. He
Finding it difficult to fathom that Sahara paid back an amount as large as Rs 18,000 crore in such a short notice, the Supreme Court has asked the company to specify the source of the
Outgoing RBI Governor Raghuram Rajan today said he was willing to stay a bit longer but could not reach the "right kind of agreement" with the government on extension of his tenure. "Because of ...
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