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Despite fall, GDP will bounce back sharply: RBI Governor

Despite fall, GDP will bounce back sharply: RBI Governor

Reserve Bank Governor Urjit Patel said India’s economic growth will make a “sharp V” recovery following the recall of old 500 and 1,000 rupee notes. Patel also made a strong…

Pay taxes, apply for PAN via mobile app

Pay taxes, apply for PAN via mobile app

In step with government’s digital India drive, the Income Tax department is developing an app that will soon allow assessees to pay taxes or apply for PAN using smartphones. The…

WPI inflation spikes to 5.25% in January, fuel prices rise

WPI inflation spikes to 5.25% in January, fuel prices rise

Wholesale inflation shot up to a 30-month high of 5.25 per cent in January as rising global crude oil prices spiked domestic fuel cost, even as food prices moderated. The…

India not impacted by protectionism talk, global slowdown: Jaitley

India not impacted by protectionism talk, global slowdown: Jaitley

The rhetoric of protectionism in developed economies and unpredictable global slowdown have not affected India and it is determined to grow with focus on investments, Finance Minister Arun Jaitley said.…

Kerala’s annual plan for 2017-18 pegged at Rs 26,500 cr

Kerala’s annual plan for 2017-18 pegged at Rs 26,500 cr

The Kerala cabinet on Wednesday approved the annual plan outlay of Rs 26,500 crore for 2017-18, which is Rs 2500 crore more than the current fiscal. The total plan for…

No limit on cash withdrawal from March 13: RBI

No limit on cash withdrawal from March 13: RBI

The Reserve Bank of India on Wednesday decided to phase out weekly limit on cash withdrawal from savings accounts in two stages, starting from February 20. First, the weekly withdrawal…

RBI keeps lending rate unchanged at 6.25%

RBI keeps lending rate unchanged at 6.25%

For the second time in a row, the Reserve bank on Wednesday opted for a status quo in its key rates but shifted the stance of the monetary policy from…

Taxman not to ask questions on deposits up to Rs 2.5 lakh: CBDT

Taxman not to ask questions on deposits up to Rs 2.5 lakh: CBDT

Providing clarity on scrutiny of deposits made in banks post demonetisation, I-T department on Monday said no questions will be asked about deposits of up to Rs 2.5 lakh and…

Economy to grow more than 7% next fiscal: Shaktikanta Das

Economy to grow more than 7% next fiscal: Shaktikanta Das

Stepping up the growth pitch, Economic Affairs Secretary Shaktikanta Das expressed confidence that the economy will grow upwards of 7 per cent next fiscal. “For this year’s GDP growth, we…

Remonetisation nearly complete, says Shaktikanta Das

Remonetisation nearly complete, says Shaktikanta Das

The exercise of remonetisation that began after scrapping of the old Rs 500 and 1,000 notes on November 8 is ‘nearly complete’ as practically there are no restrictions on withdrawals,…

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