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  Business   Economy  06 Apr 2018

Business, Economy, 06 Apr 2018

India's forex reserves rise to life-time high of USD 424.361 billion

In the previous week, the reserves had increased by USD 1.197 billion to USD 422.532 billion.

06 Apr 2018 7:22 PM

PNB fraud case: CBI quizzes ex-deputy governor of RBI

The officials said he was questioned about the UPA government's 20:80 gold import scheme.

06 Apr 2018 6:46 PM

FICCI recommends RBI to 'find space for rate cut'

FICCI has said the former must find space for a rate cut in the coming quarters.

06 Apr 2018 5:43 PM

Railway catering services in trains, stations to attract 5 pc GST

The Finance Ministry has written to the Railway Board on March 31 about the 5 per cent rate.

06 Apr 2018 5:05 PM

RBI to review feasibility of introducing digital currency

Virtual currencies raise concerns of consumer protection, market integrity and money laundering.

06 Apr 2018 3:48 PM


RBI sets rupee reference rate at 64.9884 against US dollar

The Reserve Bank of India on Friday fixed the reference rate of the rupee at 64.9884 against the US dollar and 79.5133 for the euro.

06 Apr 2018 2:02 PM

Govt preparing action plan to recover revenues from likes of Mallya

CBDT has formed a committee to study these cases and prepare an action plan.

06 Apr 2018 12:40 PM

RBI directs payment operators to keep data within India

RBI said, will be given six months to make the necessary transition.

06 Apr 2018 11:53 AM

Standard deduction allowed for pension

The standard deduction was discontinued from the assessment year 2006-07, but was re-introduced in 2018-19 Budget.

06 Apr 2018 5:00 AM

RBI rates unchanged, lower inflation forecast

MSP announced in the budget and the possible fiscal slippages at the level of both centre and states.

06 Apr 2018 4:43 AM


RBI explores India’s digicoin, banks told to reject bitcoins

Digital currency may save on printing, distribution costs of notes.

06 Apr 2018 2:49 AM