Business

RBI has been rendered headless following Patel's unexpected resignation, with immediate effect, Monday.

Exit polls indicate a tight race between BJP and Congress in Madhya Pradesh and Chhattisgarh while they give the Congress an edge in Rajasthan.

The central government's contribution to the National Pension System (NPS) will be increased to 14 per cent from the current 10 per cent. The minimum employee contribution stands at 10 per cent.

Exit polls have predicted a tight finish between the BJP and the Congress in Madhya Pradesh and Chhattisgarh, and a win for the opposition party in Rajasthan.

Gita Gopinath, who will assume the office in January, is the second Indian to be appointed to the role of chief economist after Raghuram Rajan.

However, Goods and Services Tax (GST) is applicable on sale of under-construction property or ready to move in flats where completion certificate is not issued at the time of sale, it said.

The decision will in all probability tighten the government’s purse strings ahead of the election if it is forced to cut excise duty on fuel at a time when it would want to boost spending to lift economic sentiments.

Economist Sanjay Kathuria said that eliminating restrictions on trade at the Wagah-Attari border and aiming for seamless, electronic data interchange at border crossings could reduce high costs of trade between Pakistan and India.

The 30-share Sensex was trading 298.53 points, or 0.83 per cent, lower at 35,585.88. The index tumbled 249.90 points, or 0.69 per cent, to close at 35,884.41 on Wednesday.

The BSE Sensex tumbled 249.90 points, or 0.69 per cent, to close at 35,884.41. Similarly, the broader NSE Nifty fell 84.55 points, or 0.74 per cent, to end at 10,784.95.

Union Home Secretary Rajiv Gauba said on Tuesday that the number of e-Visas issued has seen a tremendous growth during the last four years from 5.17 lakh in 2015 to 21 lakh till November 30 this year.

Acharyulu, who had delivered some path-breaking orders including directions to the RBI to comply with the Supreme Court orders in disclosing willful defaulter, approached Kovind saying the RBI has filed a petition in the Bombay High Court making the CIC a...

Co-founder Rusdi Kirana is furious over what he regards as attempts by Boeing to deflect attention from recent design changes and blame Lion Air for the crash, while the airline faces scrutiny over its maintenance record and pilots' actions.

The forum said in many apartment projects there were allegedly mischievous manipulations of land records.

The fiscal deficit or gap between expenditure and revenue was Rs 6.48 lakh crore or 103.9 per cent of Budget Estimate (BE) during April-October of the current financial year.

Rupee's rally to a three-month high also supported the upward move in the domestic stock market. The domestic unit gained 21 paise to 69.64 against the US dollar.