Business

In a note to the banks, the RBI on Tuesday reiterated its "confidential instructions" and said these must be done within the stipulated deadline.

At present, PSBs appoint their own auditors and questioned have been raised in some quarters on why a USD 1.77 billion (Rs 11,400 crore) fraud could have gone undetected by the auditors of Punjab National Bank (PNB) for seven long years.

Earlier, the CBI had sealed the Brady House branch of Punjab National Bank. "The premise cannot be opened or entered into without the order the court concerned or the competent authority of the CBI," said the order.

"Students have to enhance entrepreneurship because they will rarely see any fulfilling jobs.... The point is to imbibe in students the skill of learning," Satya Pal Singh said.

The government has budgeted about Rs 7.44 lakh crore from GST in the 2018-19 fiscal beginning April 1. The estimated collection for 8 months (July-February) of the current fiscal is Rs 4.44 lakh crore.

The SGX, however, said it will develop and launch new India-access risk management solutions to allow global participants in SGX India equity index family of derivative products, to execute their investment activities with continuity.

Vienna Tourist Board Public Relations Manager Isabella Rauter said her country is positioned as a premium luxury destination mainly targeting the upper middle class, middle class and first time travellers from India.

India's three main stock exchanges - the National Stock Exchange, BSE Ltd and Metropolitan Stock Exchange - said Friday they would stop licensing products and data to foreign exchanges to prevent trading from migrating overseas.

The rupee moved in a range of 64.33 to 64.40 in early trade.

Concerns have arisen among credit card providers because their customers have increasingly been using credit cards to fund accounts on online exchanges, which are then used to purchase the digital currencies.

The Budget has provisioned a 10% tax on LTCG on stocks and equity-oriented mutual funds if the amount of gains exceed Rs 1 lakh. The Central Board of Direct Taxes (CBDT) has explained how the tax on long-term capital gains would work in different scenario...

While unveiling the government's annual Budget on Thursday, Finance Minister Arun Jaitley had said that the country set its fiscal deficit target for the year starting in April at 3.3 percent of the gross domestic product.

The benchmark BSE Sensex cracked below the 35,000-mark by plunging 545.95 points, or 1.55 per cent, to 34,520.80, while the broader NSE Nifty tumbled 173.80 points,or 1.61 per cent to 10,586.80 in opening trade.

The Economic Survey 2017-18, tabled in Parliament last week, projected that India will grow at 7 to 7.5 percent in 2018-19, with the economy poised to move into a faster lane, swiftly recovering from the disorderly effects of demonetisation and goods and...

The country, which aims to nearly triple its production over the next decade, will see increased demand largely in housing, roads, construction of railway stations, and airports, Steel Secretary Aruna Sharma said.

In the 2018-19 Union Budget, the amount of Rs 2.95 lakh crore works out to around 1.58% of India’s Gross Domestic Product (GDP).