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Did you accept torn, mutilated currency notes by mistake? Here's how you can exchange them Did you accept torn, mutilated currency notes by mistake? Here's how you can exchange them

Did someone smartly tried to pass off a brittle note and you accepted it inadvertently? Don't spend your time worrying as to how you can trick others into accepting the same from you --just follow these guidelines.

Market extends gains, ends marginally up on GST booster Market extends gains, ends marginally up on GST booster

The benchmark BSE Sensex reclaimed the 28K-level, though ending the week marginally up by 26.49 points to 28,078.35, while broader Nifty gained 44.65 to finish at 8,683.15.

Raghuram Rajan calls on Finance Minister ahead of monetary policy Raghuram Rajan calls on Finance Minister ahead of monetary policy

Ahead of monetary policy review scheduled on August 9, Reserve Bank of India (RBI) governor Raghuram Rajan called on Finance Minister Arun Jaitley to discuss the macroeconomic situation ahead of his last monetary policy review on Tuesday.

Raghuram Rajan calls on Jaitley ahead of monetary policy

Reserve Bank Governor Raghuram Rajan on Friday called on Finance Minister Arun Jaitley and is believed to have discussed the macroeconomic situation ahead of his last monetary policy review on Tuesday.

NITI Aayog to unveil National Energy Policy in 3 months

NITI Aayog is likely to unveil the new National Energy Policy in the next three months with a focus on air quality issue, renewable energy, natural gas, universal electrification and clean cooking fuel.

Forex reserves hit life-time high at $365.49 bn Forex reserves hit life-time high at $365.49 bn

Country's foreign exchange reserves rose by USD 2.81 billion to reach a life-time high of USD 365.49 billion in the week to July 29, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

GST passage cheers stock market; Sensex, Nifty post biggest gains in almost 4 weeks GST passage cheers stock market; Sensex, Nifty post biggest gains in almost 4 weeks

Strong global markets spurred by Bank of England's liquidity easing sent Indian stocks soaring as the Sensex rallied 364 points to close above 28,000, aided by auto, oil and financials.

RBI may hold rates on Aug 9, FY17 growth likely at 7.4%: UBS RBI may hold rates on Aug 9, FY17 growth likely at 7.4%: UBS

Indian economy is expected to clock a growth of 7.4 percent this fiscal, and on the policy front, the Reserve Bank is likely to leave key rates unchanged at its August meet, says a UBS report.

 

Sensex zooms by over 300 points, Nifty above 8,600-mark on GST boost Sensex zooms by over 300 points, Nifty above 8,600-mark on GST boost

The 30-share index was trading up 312.70 points, or 1.13 percent, at 28,027.07 after moving in range of 28.032.52- 27,795.74.

Cheque dishonour case: RBI eases norms in events of Rs 1 crore and above Cheque dishonour case: RBI eases norms in events of Rs 1 crore and above

Easing norms in the cheque dishonour cases of Rs 1 crore and above, Reserve Bank of India on Thursday left the decision to the discretion of the lender on whether to issue fresh chequebooks or not in such issues.

Need to tackle illegal deposit raising while the act is live: Raghuram Rajan Need to tackle illegal deposit raising while the act is live: Raghuram Rajan

Reserve Bank Governor Raghuram Rajan on Thursday said it is important to tackle illegal raising of deposits while the crime is in progress given the nimbleness of such "fly-by-night" operators.

RBI launches portal to curb illegal money pooling by firms RBI launches portal to curb illegal money pooling by firms

To curb illegal and unauthorised pooling of funds by unscrupulous firms, Reserve Bank on Thursday launched a website, which will help people obtain information about entities allowed to collect deposits.

Sensex dives 284 points on global cues; markets cautious over GST Sensex dives 284 points on global cues; markets cautious over GST

Extending downward trend for the fourth session, benchmark BSE Sensex plunges over 284 points to end at a three-week low of 27,697.51 and NSE Nifty cracked below the 8,600-mark on lacklustre global cues and a caution ahead of the decision on the landmark GST bill.

'EPFO investment in ETFs has given higher return than G-Secs' 'EPFO investment in ETFs has given higher return than G-Secs'

Government on Wednesday sought to allay fears over investments by EPFO into ETFs, saying that their performance should be viewed over a long period of time and the retirement fund body has already got over 12 per cent return within a year, higher than G-Secs.

Indian Bank to raise Rs 1,000 cr via bonds

State-owned Indian Bank on Tuesday said it will raise up to Rs 1,000 crore by issuing Basel-III compliant bonds.

PSBs need Rs 2.5 lakh crore capital over 3 years: S&P

International rating agency S&P Global Ratings on Tuesday said that Indian state-run banks will need Rs 2.5 lakh crore capital infusion over the next three years to meet Basel-III requirements.

Sensex slips for 3rd day ahead of GST debate; cracks below 28,000

Market continued to struggle for direction on Tuesday as the Sensex cracked below 28,000 to close at a one-week low as investors stayed cautious ahead of GST debate in the Rajya Sabha tomorrow amid weak European cues.

RBI may go for status quo in Aug 9 meet: DBS RBI may go for status quo in Aug 9 meet: DBS

RBI may keep the key interest rates on hold in the upcoming policy meet as inflation for the second quarter has hastened to 5.7 percent and July-August prints may also stay high.

RBI clears the decks for on-tap banking, bars big corporates RBI clears the decks for on-tap banking, bars big corporates

Paving the way for entry of new players in banking sector, the Reserve Bank Monday heralded 'on tap' universal banking licence regime, but excluded large industrial houses from the purview though they can invest up to 10 percent in new banks.

HDFC issues world's first Masala bond listing in LSE

HDFC, India's largest private sector mortgage lender, Monday raised Rs 30 billion by issuing the world's first ever "Masala" or rupee-denominated bond outside India in London Stock Exchange, a landmark event that will boost economic ties between India and the UK post Brexit.