Business
Jairam Ramesh Barb: Arun Jaitley Defends RBI Guv Urjit Patel
Finance Minister Arun Jaitley on Sunday came to the defence of RBI Governor Urjit Patel in the wake of criticism by Congress leader Jairam Ramesh, saying it is an "unfair attack" and politicians should refrain from making comments on those who cannot defe...
Cyrus Mistry, Nusli Wadia to Contest Removal From Tata Motors at EGM
Hardening their position against Tata Sons, ousted chairman Cyrus Mistry and independent director Nusli Wadia, who has been backing him, will contest the proposal to remove them from the board of Tata Motors by making separate representation to "members o...
Cash Crunch Hits Gold Demand During Peak Wedding Season
Demonetisation has hits gold demand during peak wedding season in India.
Notes Ban to Significantly Disrupt Economic Activity: Moody's
Demonetisation will "significantly disrupt economic activity" and lead to weaker growth in near-term, though in the long run it can boost tax revenues and translate into faster fiscal consolidation, Moody's Investors Service said on Thursday.
NABARD Sanctions Rs 21,000 to Cooperative Banks to Help Farmers
Economic Affairs Secretary Shaktikanta Das said on Wednesday said here that NABARD has sanctioned a special limit of Rs 21,000 crore to District Central Cooperative Banks (DCCB) to help agricultural credits.
Ratan Tata Calls Demonetisation a 'Bold Act'
"Demonetisation of old currency notes by the Modi government is a bold act that will wipe out black money and corruption.
It's a Cosmetic Move: Global Financial Integrity on Demonetisation
Chief economist Dev Kar answered some questions about black money and demonetisation in an email interview with News18:
Sensex Regains 120 points on Asian Cues, Nifty Regains 8,100-mark
The benchmark BSE Sensex rebounded over 120 points and the NSE Nifty regained the 8,100-mark in the opening trade on Monday on value-buying in select blue-chips amid a firming trend on other Asian bourses.
Sharia Banking: RBI Proposes 'Islamic Window' in Banks
The Reserve Bank of India (RBI) has proposed opening of "Islamic window" in conventional banks for "gradual" introduction of Sharia-compliant or interest-free banking in the country.
Sensex Logs 4th Straight Weekly Loss on Demonetisation Concern
Indian stock market recorded its fourth straight weekly loss, with the Sensex sliding 669 points to end at a six-month low of 26,150.24.
Urban Cooperative Banks Blame Commercial Lenders For Cash Crisis
The cooperative banks, which have deeper networks, are facing a lot of flak for being non-operational which has caused difficulties for their customers looking to exchange the now invalid notes for legal ones.
Vodafone Foundation to Give Rs 75 Lakh to NPOs
Vodafone Foundation along with principal partner NASSCOM Foundation Friday, announced the winners for 6th edition of 'Mobile for Good Awards' across two categories.
Rupee Fall, Foreign Fund Outflows Depress Equity Markets
The wider 51-scrip Nifty of the National Stock Exchange (NSE) plunged by 187.85 points or 2.26 per cent to 8,108.45 points.
Rupee Tumbles 42 Paise Against US Dollar
The rupee was trading lower by 42 paise at 7.67 against the US dollar in early trade on Tuesday as the American currency strengthened overseas amid a lower opening of the domestic equity market.
RBI Asks Banks to Furnish Daily Data on Cash Withdrawals
In a circular on Sunday the Reserve Bank of India asked banks to submit the data in a specific format in contrast to lenders sending it fortnightly.
No Need to be Anxious, Enough Cash Available, Assures RBI
The Reserve Bank on Sunday said enough cash is available at banks and people need not be anxious and make repeated trips to branches and ATMs to hoard money.
