Government extends deadline for linking PAN with Aadhaar till September 30

Last year, the government announced that the PAN has to be linked with the biometric ID by March 31. As per an official statement, the government on Sunday extended... Read more »

RBI likely to go for 25 bps rate cut on April 4

The Reserve Bank of India (RBI) is looking to cut key lending rates by another 25 basis points on Thursday to boost economic activities amid fears of global slowdown... Read more »

Rahul Gandhi vows to remove angel tax for start-ups if Congress comes to power

Congress President Rahul Gandhi on Thursday said new ventures will not require any regulatory permissions for three years and will get easy access to bank credit if his party... Read more »

Five PSU lenders receive capital infusion of Rs 21,428 crore from government

Five state-owned banks, including PNB, Bank of Baroda and Union Bank, Thursday received shareholders’ approval for capital infusion of  Rs 21,428 crore in lieu of preferential allotment of shares... Read more »

Raghuram Rajan critical of Modi’s minimum government,maximum governance promise

Former Reserve Bank of India (RBI) governor Raghuram Rajan on Wednesday questioned the ‘minimum government and maximum governance’ promise of the Narendra Modi regime, saying the state has gained more power... Read more »

RBI may cut repo rate by 25 bps due to weak economic activity, inflation says Goldman Sachs

Reserve Bank of India is likely to cut repo rate by 25 basis points in the April policy due to weak economic activity, benign inflation and soft global growth,... Read more »

Highlights of PM Modi’s address to the nation on Mission Shakti.

Prime Minister Narendra Modi, addressing the nation on Wednesday said that India has attained anti-satellite capability, becoming the fourth such country in the world. He said that the mission... Read more »

RBI imposes Rs 2 crore fine on PNB for violating SWIFT rules

The Reserve Bank of India (RBI) has fined Punjab National Bank (PNB) Rs 2 crore after it found out that it violated the compliance with regulatory directions regarding SWIFT... Read more »

Wealth tax can help fund Rahul Gandhi’s NYAY, says World Inequality Lab

The Congress proposal of Nyay, a monthly payout of Rs 6,000 to the poorest 20 per cent, can better assessed with more progressive taxation, which could include a wealth tax... Read more »

Mallaya asked banks to use his money to save Jet Airways

A day after the government announcement of Public Sector Banks (PSUs) bailout plan for Jet Airways, businessman Vijay Mallya lashed out at the PSUs for “double standards” under the... Read more »