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Sugar production touches 66 lakh tonnes

Sugar production has touched 66 Lakh tonnes so far during the 2016-17 marketing year. Food Ministry has said that the sugar production is expected to ...


India,Singapore sign 3rd protocol for amending DTAA

India and Singapore have signed the 3rd protocol for amending Double Taxation Avoidance Agreement (DTAA). Briefing reporters in New Delhi today, Finan...


RBI extends period of enhanced Prepaid Payment Instruments limit

Reserve Bank today extended the period of enhanced Prepaid Payment Instruments (PPI) limit of Rs 20,000 as part of efforts to promote digital payments...


Avoid excessive regulation to contain black money: RBI report

Amid a continuing debate on black money, an RBI report today said "the best way" to contain this menace is to improve governance and quality of servic...


Sensex moves up 211 points in early trade

Stock market got off to a positive start in the final trading session of 2016, with the benchmark Sensex surging 211 points to 26,577 on widespread ga...


Digi-Dhan Mela to be held at Talkatora stadium in New Delhi today

The Digi-Dhan Mela will be organised at Talkatora stadium in New Delhi today after the fair was held at Panaji in Goa, Gurugram in Haryana as well as ...


I-T recovers Rs.4,172 crore undisclosed income

Income Tax department has detected undisclosed income worth over 4,172 crore rupees, while new notes worth 105 crore rupees have been seized as part o...


Sensex recovers 39 points on F&O expiry

Market benchmark Sensex went up by about 39 points in early trade today on selective buying amid expiry of December futures and options (F&O) cont...


RBI's new Deputy Governor Acharya to take charge on Jan 20

Viral V Acharya will assume the charge as Deputy Governor of the Reserve Bank of India (RBI) from 20th of January, 2017. He has been appointed for a t...


RBI extends loan repayment window to 90 days

The Reserve Bank of India (RBI) has asked lenders to provide borrowers 90 days for repayment of housing, car, farm and other loans worth up to 1 crore...


Gold touches Rs.28,000 on global cues

Gold prices rebounded from an 11-month low by surging Rs 475, to Rs 28,025 per 10 grams on Tuesday, leaning on positive global cues amid fresh buying ...


No tax imposed on farm produce till BJP govt in power: Radha Mohan

Union Agriculture minister Radha Mohan Singh said, there will be no tax imposed on farm produce till BJP led government is in power, but the people wh...


Rupay card usage increases 7 times after demonetisation

Demonetisation has boosted the digital platforms for payment. The National Payments Corporation's RuPay card usage at merchant terminals has surged se...


Household owned majority of deposits in banks till Mar'16: RBI

Majority of deposits in banks was held by the household sector at 61.5 per cent as on March 31, 2016, the Reserve Bank said today. This was followed...


Sensex recovers 81 points on value buying in early trade

The benchmark BSE Sensex recovered by over 81 points in opening trade today largely on the back of value buying in blue-chip stocks such as Cipla, R...


Gold slumps to 11-month low of Rs.27,550

Gold slumped 250 rupees, to hit over 11-month low of 27,550 rupees per ten grams at Delhi's bullion market yesterday, on weak demand from jewellers....


Black money holders to bear penalties to over 137% post raids

Black money holders will have to bear taxes and penalties amounting to over 137 per cent if they do not admit to or fail to explain the source of un...


Sensex down 248 points on profit booking in early trade

The benchmark BSE Sensex dropped by 248 points in early trade today due to profit booking by investors amid weak Asian cues.Brokers said Prime Ministe...


Govt launches moble App 'Smart Consumer' to provide speedy redressal of consumer grievances

The government has launched a host of online initiatives including a mobile App 'Smart Consumer' and an 'Online Consumer Mediation Centre (OCMC)' to p...


Nusli Wadia voted out as independent director of Tata Chemicals

Shareholders of Tata Chemicals voted out Nusli Wadia as an independent director of the company with 75.67% votes going in favour of a resolution moved...


Tata Motors shareholders remove Nusli Wadia from board

Shareholders of Tata Motors have voted to remove independent director Nusli Wadia from the board of directors.In the extraordinary general meeting of ...


Sensex extends losses, down 64 points in early trade today

The benchmark BSE Sensex surrendered another 64 points to quote at 25,915.41 in early trade today as investors indulged in cutting down bets amid sust...


Amul all set to invest Rs.200 crore in Bengal

Amul, a brand owned by Kaira District Cooperative Milk Producers’ Union is all set to invest in Bengal with a ‘Centralised Milk Processing Plant’ at S...


I-T detects Rs.3,590 crore un-disclosed income after demonetisation

The Income Tax Department has detected over 3,590 crore rupees of un-disclosed income while more than 93 crore rupees in new notes have been seized as...


Sensex down 71 points in early trade on weak global cues

The benchmark BSE Sensex was trading lower by about 71 points to hit a one-month low of 26,171.45 in early trade today, extending losses on sustained ...


Nusli Wadia removed from Tata Steel board

Tata Steel today said its independent director Nusli Wadia has been removed from the company's board, with 90.8 per cent of shareholders present at ye...


RBI modifies circular on depositing over Rs.5000 in banks

The Reserve Bank of India has modified the old currency deposit rules and withdrew the 5000 rupee limit for depositing money in old currency notes for...


Govt asks banks to waives transaction fee on IMPS transfer of over Rs.1,000

Finance Ministry has asked Public Sector Banks to restrict fees on payments through Immediate Payment Service- IMPS and Unified Payments Interface -UP...


RBI modifies rules on deposits over Rs.5000 in old notes

The Reserve Bank of India on Wednesday modified the old currency deposit rules. The RBI in its new notice said that fully KYC compliant account h...


Restrictions on ATM withdrawls to be removed after Dec 30: Santosh Gangwar

Minister of State for Finance Santosh Gangwar has said that the current restrictions on ATM withdrawals will be removed after December 30 and added th...

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