Demonetisation: RBI says 7.62 lakh pieces of fake notes detected in FY17

New Delhi: As many as 7,62,072 pieces of counterfeit notes were detected in the banking system last fiscal, a 20.4% increase over the previous year, the Reserve Bank said on Wednesday. During 2015-16, 6.32 lakh pieces of fake currency notes had been detected, the central bank said in.


Finance ministry to decide tomorrow on extension of PAN linkage...

New Delhi: The finance ministry is likely to decide on Thursday on whether to extend till year-end the.


BRICS’ bank NDB approves $1.4 billion loan for projects in...

Beijing: Ahead of the BRICS summit, the New Development Bank (NDB) of the five-member group today approved.


Consumption to drive growth in fiscal 2018, says RBI in...

Mumbai: The Reserve Bank of India said that favourable domestic factors such as a pick-up in discretionary.


Luxury cars, SUVs will be costlier as govt clears cess...

New Delhi: SUVs and luxury cars will soon cost more in India as the Union government cleared on Wednesday.


SBI led consortium to sell 51% stake in Jindal power...

NEW DELHI: A consortium of lenders led by State Bank of India has invited bids to sell 51 per cent stake.


Group plans to file complaint against private carriers over excess...

NEW DELHI: An air passengers’ group plans to file a complaint with the Competition Commission against.


I-T dept imposes Rs 7,900 crore penalty on Vodafone for...

NEW DELHI: The Income Tax Department has imposed Rs 7,900 crore penalty on the tax demand of the same.


GST off to a bumper start, Rs 92,283 crore collected...

NEW DELHI: India’s maiden GST revenue mop-up got off to a bumper start, with finance minister Arun.


Silicon Valley outsider, Trump critic: Who is Uber’s new CEO...

AGENCIES: Uber Technologies Inc chose Dara Khosrowshahi, the chief executive of travel company Expedia.