Gold worth at least Rs 25 crore seized from smugglers has mysteriously disappeared from customs vaults at Indira Gandhi International Airport here, prompting the authorities to order a CBI probe.
Stock markets are expected to react to Fed chair Janet Yellen's speech when it opens for trade on Monday besides taking cues from macroeconomic data and investment trend by overseas investors, say experts.
To make domestic capital markets more attractive, regulator Sebi has lined up wide-ranging relaxations to its norms for REITs and InvITs and an easier set of listing rules for startups.
Banks have raised concerns on Reserve Bank of India's new norms for bank exposure to large corporate entities, particularly in large infrastructure projects.
The two-day Saarc Finance Ministers meeting focused on promoting double tax avoidance and improving trade relations among member nations, said Economic Affairs Secretary Shaktikanta Das, who represented India.
Reserve Bank of India (RBI) Governor Raghuram Rajan on Friday said that the central bank aims to go for liberalisation while strengthening the bond market.
The country's foreign exchange reserves increased by a healthy USD 1.346 billion to touch a record high of USD 367.169 billion in the week to August 19 mainly due to a rise in foreign currency assets (FCAs).
Reserve Bank of India (RBI) Governor Raghuram Rajan welcomed the appointment of Urjit Patel as his successor, saying it would ensure continuity in meeting the country`s inflation objectives.
Keen on a wider debate on changing the financial year, government has sought public comments on the desirability of replacing the existing period in a bid to improve budgetary process and cash management.
RBI's move to allow banks to issue masala bonds will remove obstacles for lenders in accessing additional tier I (AT1) and tier II bond capital and also widen the investors pool, says Fitch.
Market participants and analysts have hailed the Reserve Bank's measures announced today to deepen the corporate bonds market, saying the move will go a long way in developing the nascent debt space.
Reserve Bank on Thursday announced a slew of changes in fixed income and currency markets such as allowing lenders to issue 'masala bonds' and to accept corporate bonds under the liquidity adjustment facility (LAF).
Rupee regained its strength after a brief dip and ended higher by 6 paise at 67.05 against the greenback Thursday on bouts of dollar selling by banks and exporters.
RBI on Thursday retained 'too big to fail' tag for the state-owned SBI and private lender ICICI Bank for the second year in a row, calling them systemically important banks for 2016 requiring higher level of supervision.
The 30-share index ended lower by 224.03 points at 27,835.91, posting its biggest fall in two weeks.
Contribution of small towns -- known as beyond the top 15 cities (B15) -- to mutual funds' asset base in India has surged 19 percent to Rs 2.02 lakh crore in last fiscal.
Continuing its upmove for the third straight session, the benchmark BSE Sensex rose nearly 78 points to 28,137.93 in early trade today with participants indulging in short-covering in view of August derivatives series expiry.
Markets regulator Sebi on Wednesday confirmed its interim order banning 11 entities in a case related to tax evasion and money laundering through stock exchange platform.
In another major step in fight against tax evasion, the Cabinet on Wednesday gave its approval to the revised DTAA between India and Cyprus that provides for source-based taxation of capital gains on transfer of shares instead of one based on residence.
Zeta, an emerging fin-tech start-up that is bringing disruptions in the Employee Tax Benefits and Rewards space, has introduced Near Field Communication (NFC) based payment feature that enables its users to pay with even more ease at any cash counter.