The enhanced limit of Rs 5,000 in single transaction will also be effective on electronic mandates for recurring payments and allow people to set up regular payment mandate for SIPs, EMIs, or recurring subscription fees

Why even sectors permitted to function find it tough to operate given their linkages with the closed segments of the economy

While Switzerland has always denied being a safe haven for black money, it has begun sharing details in recent years with several countries including India after submission of evidence about financial and tax-related wrongdoings of the Swiss bank clients

Modern monetary theory has provided hope that the current economic problems can be solved if we look at things in a \"new\" light. Blinded by this hope, the fact that this theory is not \"new\" and has failed in the past has remained hidden.

The 64-year-old chairman and managing director of JK Cement is a self-effacing mix of legacy and modernity who remains rooted to Kanpur.

DoneThing, an on-demand personal assistant service, this week received $300,000 of funding from Brand Capital which will be used for geographical growth and service expansion.

Indian CEO salaries are touching new highs as the war for talent gets fiercer. And compensation structuring is increasingly mimicking the salary innovations in the US.

The move to suspend crushing in the 2014/15 season may lead to a domestic sugar shortage and higher imports by India, the world's top consumer of the sweetener, as Uttar Pradesh accounts for a third of the country's total output.

A delayed cane crushing season in Uttar Pradesh is hurting both the industry and farmers in the country's second-biggest sugar producing state. Successive state governments have largely ignored the economic rationale and steadily raised prices year after year.

The second meeting between Uttar Pradesh Chief Minister Akhilesh Yadav and top sugar companies aimed at resolving the sugar price stalemate ended inconclusively in Lucknow on Tuesday evening.

The first meeting between the promoters of top Uttar Pradesh sugar companies and Chief Minister Akhilesh Yadav on Sunday evening ended inconclusively.

They were strong contenders for the BT Top 25 list this year.

Jindal Steel & Power Limited (JSPL) raises $475 million in India through the takeout financing route to fund ., a news report has said.