Less than 11,000 crore of demonetised notes did not come back, says RBI; 99.3 percent returned

Less than 11,000 crore of demonetised notes did not come back, says RBI; 99.3...

Leaving less than Rs.11,000 crore worth of Rs.500 and Rs.1000 notes invalidated overnight by Prime Minister Narendra Modi on November 8, 2016, almost all...
MSME credit that shrank during note-ban back to pre-demonetisation level: RBI study

MSME credit that shrank during note-ban back to pre-demonetisation level: RBI study

The flow of bank credit to micro, small and medium enterprises (MSMEs), hit badly in the aftermath of demonetisation, is back to pre-note ban...
Rupee falls to lowest ever, just 7 paise away from 70 a dollar

Rupee falls to lowest ever, just 7 paise away from 70 a dollar

The Indian rupee (INR) on Monday, August 13 crashed to a record low against US dollar (USD), tumbling 109 paise to close at 69.93:...
RBI Governor warns of a global currency war, says could hamper India’s growth

RBI Governor warns of a global currency war, says could hamper India’s growth

Reserve Bank of India (RBI) governor Urjit Patel on Wednesday, August 1 warned that the possibility of global protectionist measures culminating into currency wars...
GST rate cut: Only 35 in top bracket; quarterly filing allowed to businesses

GST rate cut: Only 35 in top bracket; quarterly filing allowed to businesses

The GST Council in its 28th meeting on Saturday pruned rates on a number of goods including several daily use appliances such as washing...
Less than a year before next general elections, Modi Govt declared big hike in Kharif MSP

Less than a year before next general elections, Modi Govt declared big hike in...

The Union Cabinet on Wednesday approved a substantial hike in the Minimum Support Price (MSP) for Kharif crops, which was proposed in the Budget...

India under US pressure to cut oil imports from Iran, Govt says exploring all...

Two days after US said it would not waive sanctions to India or any country if they do not stop oil imports from Iran...
Rupee crashes to all-time low of 69 per dollar before slight recovery; may touch 72 by year-end

Rupee crashes to all-time low of 69 per dollar before slight recovery; may touch...

The rupee crashed to an all-time low of 69.0925 against the US dollar on Thursday, June 28 morning, past its previous record of 68.8650...
Narendra Modi

Macroeconomic fundamentals strong, India should target double digit growth: PM Modi

Stating that India’s macroeconomic fundamentals are strong, Foreign Direct Investments (FDI) and foreign exchange reserves have touched record highs, Prime Minister Narendra Modi on...
Petrol, diesel prices slashed for 10th consecutive day

Petrol, diesel prices slashed for 10th consecutive day

Petrol and diesel prices were slashed, effective this morning (Friday, June 8), the 10th consecutive day of price cut for petrol and 9th day...

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