The Reserve Bank of India is India's central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India. Read More
The Punjab and Maharashtra Co-operative (PMC) Bank's loan irregularities raise concerns about the roles of regulator (RBI), auditor, independent directors, and bank directors, Minister of State for Finance Anurag Thakur said Monday, adding that the g ...
Finance Ministry and RBI officials held meetings on Tuesday for finalising the borrowing calendar for second half of the current fiscal. According to sources, the budgeted target of Rs 2.68 lakh crore may not have changed for H2 which is 37.7% of the ...
RBI Governor Shaktikanta Das on Tuesday said the government's decision to slash corporate tax rates is a very bold measure and makes India an attractive destination for investment. ...
Friday proved to be a big day for India Inc. After a slew of tax concessions including reduction in corporate tax from 30 per cent to 22 per cent, the GST Council has lowered tax on a number of goods and services to spur demand. ...
The CPI-M on Friday accused the BJP-led government of amending the Income Tax Act to give concessions to the corporates and superrich to the tune of Rs. 1.45 lakh crore and said the "corporate-communal nexus was imposing greater miseries on the India ...
Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that there was no recession as of today in the global economy but there was a hostile environment to which India's external sector had shown great resilience and viability. ...
Finance Minister Nirmala Sitharaman on Friday categorically said budgetary commitments for social sector spending would not be affected in case of tax shortfall while reiterating that the government was interacting with each sector facing challenges ...
The Supreme Court has issued a notice to the Centre on a plea by a Tamil Nadu-based businessman who failed to deposit Rs 1.17 crore in scrapped currency notes within the stipulated time frame in December 2016. ...
