Govt may grant one-year extension to Finance Commission

The deadline for submitting the report was earlier extended from October 31 to November 30. Read more »

BPCL disinvestment: PSU fuel retailer yet to hear from govt

The Union Cabinet is expected to consider privatisation of BPCL next week. Read more »

Banks may not charge you for NEFT transactions from January

The Reserve Bank of India has proposed several steps to improve the digital payment experience. Read more »
CPIU inflation soars, IIP shrinks

India to import onions after prices touch Rs 100; steps taken to boost procurement

Govt eases tender norms to speed up imports, MMTC asked to import from Dubai Read more »

SBI loans cheaper by 5 basis point after cut in benchmark rate

The government and the Reserve Bank of India have been prodding banks to cut lending rates. Read more »

GeM, Central Bank of India ink pact for payment services

The online marketplace has already signed agreements with 18 public and private sector banks. Read more »
Income tax raids across India

GST update: Govt communication on indirect taxes without this number invalid

The new system is expected to bring in transparency and accountability through the use of technology. Read more »
coal mine in India

Govt announces 300% increase in ex-gratia payment for fatal coal mine accidents

The government has announced a 300% increase in in ex-gratia amount for fatal coal minie accidents from Rs 5 lakh to Rs 15 lakh. This measure will cover over 3.5 lakh families... Read more »
India facing economic slowdown

Moody’s cuts India rating; no reason to worry, says Modi government

If the GDP growth fails to pick up, the Modi government will find it difficult to narrow its budget deficit. Read more »