Smuggling of fake currency totally stopped post-demonetisation: Finance Ministry

Finance Ministry today said smuggling of fake currency has totally stopped post- demonetisation. The Ministry informed the Parliamentary Committee over its queries over demonetisation.The Public Accounts Committee, headed by Congress leader K V Thomas, today called key secretaries from the Finance M...

Tax collection data till January shows consistent growth

Tax collection figures up to January this year show a consistent trend of healthy growth. The Net Indirect tax grew at the rate of 16.9 percent in January 2017 compared to corresponding month last year.Growth rate in net collections for Customs was 10.1 percent, Central Excise 26.3 percent and Servi...

RBI keeps repo rate unchanged at 6.25 per cent

The Reserve Bank of India today maintained status quo on its key rates in its monetary policy review, today and the repo rate, or the rate at which the RBI lends to banks, stands unchanged at 6(point)25 per cent, and the reverse repo rate, or the rate at which the RBI absorbs excess liquidity, also ...

RBI keeps repo rate unchanged at 6.25 per cent

The Reserve Bank of India today maintained status quo on its key rates in its monetary policy review, today and the repo rate, or the rate at which the RBI lends to banks, stands unchanged at 6(point)25 per cent, and the reverse repo rate, or the rate at which the RBI absorbs excess liquidity, also ...

Over 7.6 lakh citizens receive reward money worth Rs 117 cr for embracing Digital Payments

Over 7(point)6 lakh citizens has received reward money worth 117 crore rupees in 45 days for embracing Digital Payments. The latest data shows that Maharashtra, Tamil Nadu, Andhra Pradesh, Uttar Pradesh and Karnataka have emerged as top five states with maximum number of winners. In addition to the ...

Over 7.6 lakh citizens receive reward money worth Rs 117 cr for embracing Digital Payments

Over 7.6 lakh citizens has received reward money worth 117 crore rupees in 45 days for embracing Digital Payments. The latest data shows that Maharashtra, Tamil Nadu, Andhra Pradesh, Uttar Pradesh and Karnataka have emerged as top five states with maximum number of winners. In addition to the daily ...

RBI keeps repo rate unchanged at 6.25 per cent

The Reserve Bank of India today maintained status quo on its key rates in its monetary policy review, today. So the repo rate, or the rate at which the RBI lends to banks, stands unchanged at 6.25 per cent, and the reverse repo rate, or the rate at which the RBI absorbs excess liquidity, also remain...

No limit on cash withdrawal from March 13: RBI

RBI has announced all limits on cash withdrawals from Savings Bank Account will be withdrawn from 13th March 2017. Addressing a press conference in Mumbai today, Deputy Governor R Gandhi said that the limit on cash withdrawal from Savings Bank Account will be enhanced to 50,000 rupees from the curre...

RBI keeps repo rate unchanged at 6.25 per cent

The Reserve Bank of India today maintained status quo on its key rates in its monetary policy review, today. So the repo rate, or the rate at which the RBI lends to banks, stands unchanged at 6.25 per cent, and the reverse repo rate, or the rate at which the RBI absorbs excess liquidity, also remain...

More scope for banks to lower lending rates: Urjit Patel