Business

Industry body Assocham said the economy has just about to come out of the impact of demonetisation and the Goods and Services Tax (GST) and is not ready for another challenge by way of any bank account becoming inoperative after March 31.

Tripura, as of now, has the highest unemployment rate in India. According to the Employment-Unemployment Survey for 2015-16 by Labour Bureau, Tripura has an unemployment rate of 19.7 per cent. It ranked 22 on the Ease of Doing Business rankings for 2017.

A Commerce Ministry official said late on Friday that Trump's plan to levy tariffs of 25 percent on steel and 10 percent on aluminium would "seriously damage multilateral trade mechanisms represented by the World Trade Organization and will surely have a...

Bitcoin, the best-known cryptocurrency, soared in value from around $1,000 at the start of 2017 to almost $20,000 in mid-December, before tumbling below $6,000 last month and then staging a partial recovery.

The Delhi-based PNB, which is firefighting the largest financial fraud in the country and staring at a possible loss of around Rs 13,000 crore, has also followed its larger per hiked its one year MCLR rate by 15 bps to 8.30 percent.

The stock listed at Rs 182.10, a loss of 4.15 per cent from the issue price, on BSE.

The National Institute of Construction Management and Research (NICMAR), the Indian Institute of Foreign Trade (IIFT), the Institute of Company Secretaries of India (ICSI) and the Institute of Chartered Accountants of India (ICAI) are the four institutes...

The new framework gives banks less discretion over the reporting and resolution of bad assets and attempts to address the complexities involved in resolving the stressed loans of large borrowers. "Banks will need to report defaults by large borrowers wee...

The trustees may also review the proposal to credit the ETFs into the members' EPF account because a large number of members do not have that level of financial literacy.

Announcing the decision taken by the CCEA, Coal and Railways Minister Piyush Goyal said the reform is expected to bring efficiency in the coal sector by moving from an era of monopoly to competition.

Spot gold was down 0.4 percent at $1,341.20 an ounce at 0340 GMT. Earlier, it fell to as low as $1,340.16, the lowest since Feb. 14.

The 30-share Sensex recovered by 157.24 points, or 0.46 per cent, to 33,931.90 in opening trade. The index had lost 522.81 points in the previous two sessions. Sectoral indices led by metal, capital goods, tech and IT were trading in the green with gains...

The Federation of Indian Chambers of Commerce and Industry (FICCI) had conducted a survey on the experiences of micro, small and medium enterprises (MSMEs), as well as large corporates, on the first six months of the GST which was rolled out from July 1.

Referring to some of the implementations relating to the goods and services tax (GST) in 2017, IMF Director of Communications Department Gerry Rice said if these issues persist, tax revenue collection could fall short on the budget.

The number of ultra-high networth households in the country, which represents those with a networth of over Rs 25 crore or more, has grown 12 per cent to over 1.60 lakh in 2017, while their collective networth grew only 5 per cent at Rs 153 trillion, said...

In an earlier filing, the bank had said the South African Reserve Bank is investigating allegations regarding compliance lapses at the bank's branch there and it was cooperating in the matter.