Business
The unexpected CRR hike by the Reserve Bank of India (RBI) has taken the steam out of banking sector funds. The category, which was upbeat a while ago due to the demonetisation drive, was down to 0.62 per cent in last one week.
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NEW DELHI: Prime Minister Narendra Modi today asked BJP MPs and MLAs to submit details of their bank account transactions between November 8 and December 31 to party President Amit Shah November 8 was when PM Modi announced that the old Rs ...
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Here is a detailed analysis of how much tax and penalty a person holding black money would have to pay in case of each of the four options before him/her after the proposed amendments to the Income Tax Act become law.
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NEW DELHI: Fitch Ratings today lowered India's GDP growth forecast for this fiscal to 6.9 per cent from 7.4 per cent, saying there will be "temporary disruptions" to economic activity post demonetisation.
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While global uncertainties and rupee volatility suggest first quarter of 2017 is a better time to ease rates, the Reserve Bank may bring forward the rate cut to December to support growth and tap favourable inflation outlook, says a DBS report ...
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The attack on an army unit in Nagrota is a harsh reminder that militants continues to operate at will negating the theory that surgical strikes launched by India in late September will have a deterring effect on militant groups operating out of Pakistan.
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MUMBAI: Twenty-four years after the securities scam broke, a special court convicted Harshad Mehta's brother Sudhir Mehta and five others, including senior bank officials and stock brokers, in a case relating to defrauding of National Housing Bank to ...
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A taxi driver from Punjab was in for a huge surprise on November 4 when an amount of Rs 98,05,95,12,231 was credited to his State Bank of Patiala (SBoP) account.
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3:20 p.m.: The stock markets turned flat in the last hour of trade on the back of weakness in IT, bnaking, pharma and FMCG shares.
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Young IT professionals participaing at the inauguration of Bengaluru ITE.BIZ-2016 at Palace Grounds. Photo: V Sreenivasa Murthy. PTI.
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Mumbai/New Delhi: Digital payment providers have mobilised hundreds of extra workers to enrol small merchants and offered their services for free, betting that severe cash shortages will prove to be the opportunity of a lifetime.
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Donald Trump made the claim that millions of illegal votes were made in favor of Hillary Clinton, without any evidence. That is a serious accusation.
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ET Intelligence Group: Investors may prefer to buy the shares of Sheela Foam from the secondary market instead of the upcoming initial public offering.
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SEOUL: Tech giant Samsung Electronics Co Ltd said on Tuesday it is considering whether to create a holding company as part of a corporate restructuring review.
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The government's decision on November 8 to immediately ban Rs 500 and Rs 1,000 notes that account for 86% of all currency in circulation has impacted a raft of sectors.
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The Sahara Group on Monday presented in the Supreme Court a roadmap for repayment of an outstanding amount of over Rs 11,136 crore to SEBI and proposed to clear its liability in 21 instalments in two-and-a-half years to ensure "absolute" release of its ...
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SINGAPORE/TOKYO: For the first time since 2008, OPEC is set to strike a deal to cut oil output that may boost prices. It may also give itself a bloody nose in Asia, where big buyers are ramping up supplies from elsewhere and say they don't want to pay ...
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By dialling *99# from their cell phones, the traders and vendors will get their hands on items like vegetable, fish, meat, etc. The facts that there will be not be any minimum limit for any transactions and no added fees will be charged, are likely ...
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Point-of-sale machines are in great demand as merchants are being compelled to use them in the wake of currency crisis. Photo: Pradeep Gaur/Mint.
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US President-elect Donald Trump has met Sandeep Mathrani, a top Indian-American real estate industry veteran from Chicago amid reports of him joining the new administration.
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