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WPI inflation rises to 39-month high of 6.55% in February

WPI inflation rises to 39-month high of 6.55% in February

Country’s annual rate of inflation based on wholesale prices rose to 39-month high of 6.55 per cent in February from 5.25 per cent in the previous month. According to the…

Demonetisation had ‘severe’ impact on Kerala economy

Demonetisation had ‘severe’ impact on Kerala economy

The demonetisation had a ‘severe’ impact on Kerala as 56 percent of its economic activity was hit, besides causing a dip in tourism revenues and remittances, important drivers of growth…

Trump pledges $1 trillion to rebuild infrastructure

Trump pledges $1 trillion to rebuild infrastructure

U.S President Donald Trump pledged to bring one trillion dollars in public and private investment to rebuild what he called America’s crumbling infrastructure. Trump made the promise in a high-stakes…

Govt notifies law to make banned note possession punishable

Govt notifies law to make banned note possession punishable

The government has notified the law that makes holding of more than 10 scrapped notes punishable with a minimum fine of Rs 10,000. The Specified Bank Notes (Cessation of Liabilities)…

Govt sees FY17 per capita income rising 10% to Rs 103,818

Govt sees FY17 per capita income rising 10% to Rs 103,818

India’s per capita net national income is expected to rise 10.2 per cent to Rs 103,818 in the current fiscal, government data showed. The per capita national income during 2015-16…

RBI sets up panel to review cyber threats

RBI sets up panel to review cyber threats

The Reserve Bank on Tuesday announced setting up of the inter-disciplinary standing committee on cyber security to review the threats inherent in the existing and emerging technology. The 11-member committee…

Trump signs order aimed at removing ‘job-killing’ regulations

Trump signs order aimed at removing ‘job-killing’ regulations

U.S President Donald Trump signed an executive order directing various wings of his administration to establish a regulatory reform task force in a bid to remove ‘job-killing regulations’ and ‘unleash…

I-T to go easy on up to Rs 5 lakh deposits by 70-plus people

I-T to go easy on up to Rs 5 lakh deposits by 70-plus people

The tax department will not carry out any further verification for cash deposits up to Rs 5 lakh made by people above 70 years of age post note ban, but…

No plans to introduce Rs 1,000 notes: Shaktikanta Das

No plans to introduce Rs 1,000 notes: Shaktikanta Das

The government has no plans to introduce Rs 1,000 notes and the focus is on increasing production of lower denomination currencies, Economic Affairs Secretary Shaktikanta Das said. He also said…

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…