The Supreme Court on Thursday refused to expedite the hearing of Aadhar cases challenging the constitutional validity of the scheme but observed that data collection by private agencies is not a good idea.
India appears to be much better placed with improved macro-economic fundamentals, as measures to eliminate shadow economy and tax evasion are expected to have positive impact on GDP, the all-powerful FSDC -- headed by Finance Minister Arun Jaitley -- said on Thursday.
Opposition parties have moved the Election Commission objecting to the presentation of the Union Budget on February 1 ahead of the Assembly elections in five states.
Both the government and the RBI are yet to come out with the official statement on how much have been deposited in various banks at the end December 30, the last date for depositing and exchange of junked Rs 500/1000 notes.
A special court has dismissed anticipatory bail pleas of three men, accused of opening saving accounts in Jain Cooperative Bank Ltd here by forging signature of introducer, saying several such cases have been reported post demonetisation.
To further tap into the 51-million strong small and medium businesses (SMBs) market in the country, Google's India-born chief Sundar Pichai on Wednesday, during Google event, announced a number of initiatives to help these enterprises go digital.
Following demands by some political parties to postpone presentation of the Union Budget till assembly elections in five states are over, Finance Minister Arun Jaitley on Wednesday said presenting the Budget is a "constitutional requirement".
Foreign direct investment (FDI) into the country grew by over 27 percent to USD 27.82 billion during April-October this fiscal.
The 8th meeting of GST Council failed to break deadlock over the issue of dual control of assesses under the new indirect tax regime, an issue that has been holding up supporting bills essential for the GST rollout from April 1 next year.
The index that slipped into contraction territory in November remained in that zone as the rupee ban led to the sharpest fall in new business since September 2013.
In the pre-budget consultations with the state ministers, Jaitley will hear their expectations from the Union Budget, which is likely to be presented in Parliament on February 1.
States on Tuesday demanded taxation rights for sales in high seas and also increasing the number of items on which cess is to be levied to compensate the states to deal with revenue loss estimated at Rs 90,000 crore post demonetisation.
Hundreds thronging the RBI office to exchange old Rs 500 and 1,000 notes returned empty handed as the central bank is allowing the facility only for NRIs or those who were abroad during the 50-day demonetisation period.
Niti Aayog vice-chairman Arvind Panagariya on Tuesday said demonetisation would have some impact on the economy in the third and fourth quarter of this fiscal but the country would make up for those losses in FY 2017-18.
The Reserve Bank of India (RBI) on Tuesday asked banks to supply at least 40 percent of currency to rural areas.
The Budget Session is normally convened in the last week of February but this year the government is looking set to convene the longest session of Parliament in the last week of January.
The all powerful GST Council headed by the Finance Minister will meet on Tuesday the representatives of six crucial sectors, including IT, telecom, banking and insurance, to assess the implementation hurdles under the new GST regime.
Infrastructure sector recorded a growth rate of 4.9 percent in November on the back of impressive performance by steel, electricity and coal products.
The aftershock of thye 8 November demonetisation took a knock at manufacturing sector in December, which contracted as new work orders and output took a beating for the first time in 2016.