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There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Few credit channels missing in RBI data

During the week to August 4, there was an incremental credit degrowth of Rs 1.1 trillion, according to the RBI data.

21 Aug 2017 3:54 AM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

MSMEs to perform better under GST, says report

Indian MSMEs will be able to better compete with cheap cost centres such as China, the Philippines and Bangladesh, the...

9 July 2017 3:18 PM IST

The government last year relaxed FDI norms in over a dozen sectors

Focus on jobs, not just getting FDI

We have seemingly promoted FDI investments at the expense of employment generation and agricultural livelihoods over the...

16 Jun 2017 2:25 AM IST

Telangana chief minister K Chandrashekhar Ra

Telangana's GSDP grows at 10.1 per cent in FY17

Telangana's share in national GDP has increased seven basis points in 2016-17.

12 Jun 2017 3:07 PM IST