RBI increases daily ATM withdrawal limit to Rs 10,000

Reserve Bank on Monday increased ATM withdrawal limit from existing Rs 4,500 to Rs 10,000 per day. This will be operative within the existing overall weekly limit.

Reliance Industries reports 3.6% rise in Q3 net profit

The conglomerate posted a net profit of Rs 7,506 crore for the quarter ended December 31, 2016 compared to Rs 7,245 crore for the corresponding quarter of last fiscal.

GST roll out deferred to July 1 as states stick to their demand

Finance Minister Arun Jaitley on Monday said that the roll out of the GST has been deferred to July 1 after a GST Gouncil meeting.

Don't interfere in real estate sector: Godrej to govt

He also pitched for improving the ease of doing business, state-funding of elections and early introduction of GST to curb corruption.

SpiceJet's 205-aircraft order is more about optics and less about business sense

The aviation sector in India seems to be obsessed with big numbers. The large aircraft orders by domestic carriers continue to grab headlines with the most recent announcement by low-cost carrier (LCC) SpiceJet.

Mon Jan 16 20:17:03 IST 2017

From The Magazine

Making Sense of 2016

The year 2016 was turbulent for the indian economy with hits and misses, surprises and disappointments galore.