Finance

British pound. (File: Xinhua/Then Chih Wey/IANS)

British Pound falls sharply after Bank of England gives bond-buying end date

The British pound has fallen sharply against the dollar after Bank of England Governer Andrew Bailey warned that it would not extend its emergency intervention in financial markets beyond this week, after the turmoil sparked by the governments mini-budget.

Oct 12, 2022

After Alibaba fiasco, SoftBank plans to cut 30% of Vision Fund staff: Report

Bloomberg reported that the company has started briefing some employees -- around 150 -- about being laid off. The SoftBank Vision Fund unit had about 500 employees as last reported.

Sep 30, 2022

Oct 1 deadline for compulsory e-invoice generation nearing

Businesses having aggregate annual turnover of Rs 10 crore and more will have to compulsorily generate e-invoices for business-to-business (B2B) transactions from October 1 onwards, according to the Finance Ministry

Sep 27, 2022

Petrol, diesel prices regulated by election dates, not by global rates: Congress

Congress spokesperson Gaurav Vallabh alleged that retail inflation, GDP growth, and a depreciating rupee are some of the examples that paint a concerning picture of how the economy was being managed.

Sep 11, 2022

India's external debt of $620 billion is sustainable, defends Finance Ministry

In a recent report, the Department of Economic Affairs said the country's external debt continues to be sustainable and prudently managed.

Sep 5, 2022

Central Board of Direct Taxes issues refunds of over Rs 1.14 lakh Cr to taxpayers

The Central Board of Direct Taxes (CBDT) said on Saturday that it has issued refunds of over Rs 1.14 lakh crore to more than 1.97 crore taxpayers between April 1 to August 31.

Sep 3, 2022

As fraudsters get smarter, RBI, banks get busy plugging loopholes [see how]

The RBI has also issued Master Directions for classification and reporting of frauds by commercial banks and select financial institutions.

Aug 28, 2022

Finance Minister Nirmala Sitharaman meets US Deputy Treasury Secretary Wally Adeyemo

Finance Minister Nirmala Sitharaman on Friday met visiting US Deputy Secretary of Treasury Wally Adeyemo and discussed India's upcoming G-20 Presidency in 2023 and issues related to the global financial sector.

Aug 27, 2022

RBI lifts business curbs imposed on American Express Bank

The Reserve Bank of India (RBI) has lifted the business restrictions imposed on American Express Banking Corp due to the satisfactory compliance demonstrated by the entity to RBI rules, the central bank said in a release.

Aug 25, 2022

Parliamentary panel on finance to submit report on competitive laws in Digital Market

The Standing Committee on Finance headed by BJP MP and former Union minister Jayant Sinha will submit its report to the Parliament in September on how competition laws that regulate competitive conduct should evolve to deal with competitive behavioural issues in digital markets.

Aug 24, 2022

Prev 7 8 9 10 11 12 13 14 15 16 Next

Finance

British Pound falls sharply after Bank of England gives bond-buying end date

After Alibaba fiasco, SoftBank plans to cut 30% of Vision Fund staff: Report

Oct 1 deadline for compulsory e-invoice generation nearing

Petrol, diesel prices regulated by election dates, not by global rates: Congress

India's external debt of $620 billion is sustainable, defends Finance Ministry

Central Board of Direct Taxes issues refunds of over Rs 1.14 lakh Cr to taxpayers

As fraudsters get smarter, RBI, banks get busy plugging loopholes [see how]

Finance Minister Nirmala Sitharaman meets US Deputy Treasury Secretary Wally Adeyemo

RBI lifts business curbs imposed on American Express Bank

Parliamentary panel on finance to submit report on competitive laws in Digital Market

No service charge on UPI transactions, clarifies Centre [Details]

Most banks hike deposit rates ahead of festive season

Are cryptocurrencies making a comeback?

Future is 'Made in America': Biden after signing $280 bn CHIPS & Science Act

Economy: Bank of Baroda to raise Rs 1,000 cr via infrastructure & affordable housing bonds

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]