Banks write off Rs 46,382 crore NPA in H1

Banks have written off bad loans amounting to Rs 46,382 crore during the first six months…

RBI wants digital currency included under definition of ‘bank note’: FinMin

The Ministry of Finance informed the Lok Sabha on Monday that it has received…

Centre releases Rs 95,082 crore to states as November tax devolution

The Centre has released two instalments of tax devolution to the states amounting to Rs 95,082…

Finance Ministry notifies 12% GST rate on MMF, yarn, fabrics from January 1; corrects duty anomaly

The finance ministry has notified uniform 12 per cent GST rate on manmade fibre (MMF), yarn,…

India on way to becoming fastest growing economy in world: Finance Ministry report

Armed with necessary macro and micro growth drivers, India is on its way to becoming the…

India unlikely to take a tough stance on cryptocurrencies

India is considering a middle path on cryptocurrencies, as it finalises legislation on the virtual asset…

Digvijay demands Centre to cut excise duty on fuel prices to 2014 level

Senior Congress leader Digvijay Singh on Friday demanded that the Central government should further…

Petrol, diesel prices will increase again in coming months: Energy expert

The prices of petrol and diesel will increase again in the coming months, said…

Petrol price cut by Rs 5.7-6.35, diesel by Rs 11.16-12.88 across country

Petrol price on Thursday was cut in the range of Rs 5.7 to Rs…

Banks sanction Rs 63,574 cr under credit outreach initiative: Finance Ministry

Banks have sanctioned loans worth Rs 63,574 crore to about 13.84 lakh borrowers in a fortnight…