Axis Bank branch closed during a raid by Income Tax officials in the Chandni Chowk in New DelhiThe income tax (I-T) department on Friday conducted a survey at an Axis Bank branch here in connection with its probe into possible tax evasion by way of
Minting Money, cash, currency pressGovernment on Friday informed Parliament that a decision has been taken to print plastic currency notes and procurement of material has started.
In another step to push digital transactions, the ministry of electronics and information technology (MeitY) launched a TV channel named 'DigiShala'.
Kaushik BasuEven if India manages to sail through the current financial year with a minor dent in its economic growth rate, financial year 2017-18 could witness big downturn due to the demonetisation drive, warned Kaushik Basu, former chief economist
The Maharashtra government has released draft rules under the Real Estate (Regulation & Development) Act (RERA).
Gold barsIndia’s gold import in November was the highest in this calendar year, due to a sharp increase in demand from bullion dealers and stockists.
In a major blow to jewellers, the Bureau of Indian Standards (BIS) under the Ministry of Consumer Affairs (MCA) has made hallmarking of gold ornaments mandatory for three categories beginning the New Year.
After President Pranab Mukherjee criticised parliamentarians on Thursday, particularly the Opposition, for not doing their job and disrupting the winter session of Parliament, there is a rethink among them whether at all to march till the Rashtrapati
Photo: ReutersWheat the most sown food grains during the rabi season was planted in around 22.56 million hectares of land till Friday.
The Supreme Court on Friday sought a response from the Centre on issues related to demonetisation, such as whether or not district cooperative banks can be allowed to accept deposits with certain conditions and could there be a minimum assured weekly
SBI Life InsuranceIt was largely known that the State Bank of India (SBI) was selling some stake in its life insurance subsidiary.
The absence of an adverse impact because of demonetisation on total tax receipts till November-end surprised economists.
Providing relief to some auto companies, the Competition Appellate Tribunal (Compat) on Friday ruled that companies would have to pay two per cent penalty on the average annual turnover of spare parts sale.
Showing effect of demonetisation, bank credit in India shrunk by Rs 61, 000 crore (0.8% in fifteen days ended November 25, 2016) on the demand destruction.
Following a Supreme Court judgment on Thursday, Reliance Power is set to lose the additional benefit of close to Rs 1,050 crore from Sasan Ultra Mega Power Project (UMPP).
The report stated that it is for the first time that the complaint received by Banking Ombudsman has crossed the one lakh mark, since its inception.
Reserve Bank of India (RBI) on Friday asked banks and companies issuing Prepaid Payment Instruments (PPIs) to conduct special security audit saying any cyber attack could prove dampener at a time when the government is urging people to go in for digital
While car manufacturers are offering mouth-watering discounts they are simultaneously announcing price increases.
Former Tata Sons chairman Cyrus Mistry wrote to the shareholders of Tata Motors and Tata Chemicals to seek their support against the special notice to remove him as director from the boards of both companies.