Gold rises 0.58% in futures trade on global cues

NEW DELHI: Gold prices rose 0.58 per cent to Rs 27,383 per 10 grams in futures trade Thursday after speculators widened their bets, taking positive cues from global markets.... Read more »

Proof of tax paid, 4-year money lock-in must for PMGKY

Mumbai, December 29 In order to avail the new tax evasion amnesty scheme under the Pradhan Mantri Garib Kalyan Yojana (PMGKY), 2016, black money holders will have to first... Read more »

Note crunch brings village economy to grinding halt

Chennai, December 29 In a case of being caught between the devil and the deep sea, farmers in Tamil Nadu are neither getting cash from cooperative societies nor loans... Read more »

RBI launches December 2016 round of Consumer Confidence Survey

Mumbai, December 29 The Reserve Bank today launched the December 2106 round of Consumer Confidence Survey (CCS) to gauge economic conditions and employment prospects, among others. “The Survey seeks... Read more »

Sensex up by 8.12 pts

Mumbai, December 29 The benchmark index of Bombay Stock Exchange (BSE) advanced today by 8.12 points to 26,218.80 as renewed buying was witnessed in Oil& Gas, Metal, Power, Realty... Read more »

Deutsche Bank to pay $7.2 billion to settle US subprime case

NEW York: Deutsche Bank has agreed to a $7.2 billion settlement with the US department of justice over its sale and pooling of toxic mortgage securities in the run-up... Read more »

60% demonetised notes already accounted for: RBI

Mumbai, November 29 Around 60% of the value of the demonetised notes (Rs 14 lakh crore), has already been accounted for, according to data released by the Reserve Bank... Read more »

RBI allows banks to park old currency at District Chests

Mumbai, November 28 Reserve Bnak of India (RBI) to decongest storage facility of old Rs. 500 and Rs. 1,000 notes has allowed lenders to park such currencies at currency... Read more »