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The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Budget may hike I-T exemption threshold, levy 40 pc tax on income over...

The pre-Budget survey 2019-20 conducted by KPMG (India) included responses from 226 respondents spanning across...

30 Jun 2019 12:36 PM IST

Rupee on Monday made a strong comeback from its life-time low of 70.15 against the dollar and ended with a stellar 33 paise gain at 69.82 on heavy dollar unwinding and a robust rally in domestic equities. (Representational image)

India's external debt rises 2.63 per cent to USD 543 billion at...

The external debt-to-GDP ratio stood at 19.7 per cent at end-March 2019, lower than 20.1 per cent at end-March 2018.

29 Jun 2019 11:33 AM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

RBI relaxes leverage ratio for banks to boost their lending capacity

In terms of the framework on LR put in place by RBI, banks have been monitored against an indicative LR of 4.5 pc.

29 Jun 2019 11:24 AM IST

Indias widening current account deficit coupled with normalisation of loose policy in developed nations and soaring crude oil prices may weaken rupee towards Rs 67/$1 in the fiscal years that begun from April 1.

Current account deficit inches up to 2.1 pc but more than halves in Q4

Overall trade performance was prime influencer for both contraction in CAD for March quarter as well as a widening for...

28 Jun 2019 6:57 PM IST

Prime Minister Narendra Modi with Russian President Vladimir Putin and China President Xi Jinping during a meeting in the sidelines of the G20 Summit in Buenos Aires on Saturday. (Photo: AFP)

BRICS leaders call for transparent, inclusive international trade

The 5 leaders noted that world economic growth appears to be stabilising and is generally projected to pick up...

28 Jun 2019 6:44 PM IST

PM Narendra Modi addresing the SCO summit in Bishkek (Photo: ANI)

Modi says one-sided decisions drive development of global economy

Development of the global economy is largely driven by one-sided decisions and disputes felt by the entire system.

28 Jun 2019 10:00 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI calls for greater surveillance on too-big-to-fail NBFCs

The systemic impact of HFCs' failures has significantly lessened as the state-run banks got better capitalised.

28 Jun 2019 9:36 AM IST

As a part of the Digital India initiative, myriad e-governance measures are being implemented and many government departments have found their way to a strong online presence.

Government expenditure under Digital India at Rs 3,328 cr in 2018-19:...

Electronics and IT Minister Ravi Shankar Prasad gave this information in a written reply to the Rajya Sabha.

27 Jun 2019 6:46 PM IST

Goyal asks ministries to work in coordination to cut logistics cost to...

Policy was prepared in consultation with ministries of railways, road transport and highways, shipping and civil...

27 Jun 2019 5:16 PM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

By March 2020, banks' gross NPAs to reduce to 8 per cent

The banking system saw gross NPAs reaching a peak of 11.5 per cent in March 2018. In March 2019 NPAs stood at 9.3 per...

27 Jun 2019 2:00 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

India won't bargain national interest in trade talks with US: Goyal

India exported goods worth over USD 6 billion under GSP in 2018.

27 Jun 2019 9:44 AM IST

Reserve Bank of India (RBI)

RBI panel on MSME suggests Rs 15,000 cr fund to support industry

The contribution of the sector in the economy is currently constrained due to several challenges affecting growth in the...

26 Jun 2019 4:33 PM IST