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Electric vehicles to save $60 bn in fuel costs by 2030: Niti Aayog

Electric vehicles to save $60 bn in fuel costs by 2030: Niti Aayog

Accelerated adoption of electric and shared vehicles could save USD 60 billion in diesel and petrol costs while cutting down as much as 1 gigatonne (GT) of carbon emissions for…

SBI to allow ATM withdrawals via e-wallet

SBI to allow ATM withdrawals via e-wallet

The largest lender State Bank of India will introduce new facility that would enable withdrawal of cash through ATMs using the bank’s mobile wallet. However, the bank will charge Rs…

I-T dept launches new facility to link Aadhaar with PAN

I-T dept launches new facility to link Aadhaar with PAN

The Income Tax department has launched a new e-facility to link a person’s Aadhaar with the Permanent Account Number (PAN), a mandatory procedure for filing IT returns now. The department’s…

Now, EPFO to make all payments to members electronically

Now, EPFO to make all payments to members electronically

The Labour Ministry has amended the social security schemes run by the retirement fund body EPFO to enable it to make all payments—pension, provident fund and insurance—to members electronically. “The…

Mutual Funds’ asset base crosses Rs 19 lakh cr mark

Mutual Funds’ asset base crosses Rs 19 lakh cr mark

The mutual fund (MF) industry’s asset base has crossed the Rs 19 lakh crore mark in April on the back of fresh inflows in equity, debt and money market segments.…

Govt looks to pump Rs 30,000 cr in LPG production, distribution

Govt looks to pump Rs 30,000 cr in LPG production, distribution

The government is eyeing close to Rs 30,000-crore investment for expansion of LPG production and distribution network in next three years as it widens cooking gas coverage by giving out…

USD 770 bn black money entered India in 2005-2014: Report

USD 770 bn black money entered India in 2005-2014: Report

An estimated USD 770 billion in black money entered India while USD 165 billion exited the country during 2005-2014, U.S-based think tank Global Financial Integrity (GFI) has said in its…

Railways to go for complete digitisation; save Rs 60,000 cr

Railways to go for complete digitisation; save Rs 60,000 cr

The Railways is developing a common digital platform integrating information from all departments as a roadmap for the future for bringing transparency in the system and enabling the public transporter…

No plan to impose any tax on agricultural income: Minister

No plan to impose any tax on agricultural income: Minister

Finance Minister Arun Jaitley on Wednesday said the government does not plan to impose any tax on agricultural income, dismissing the suggestion of NITI Aayog member Bibek Debroy. “I categorically…

Sensex ends above 30,000-mark for first time

Sensex ends above 30,000-mark for first time

Benchmark Sensex closed above the 30,000-mark for the first time on Wednesday, while the Nifty too finished at a record high on sustained buying amid positive global cues. The BSE…