The price of diesel rose for the 11th day in a row on Tuesday, wiping out the entire Rs 2.50 per litre cut in rates announced by the Centre government on October 4.

Sovereign Gold Bonds will be issued every month from October 2018 to February 2019 as per the calendar specified in five tranches, the RBI said in a release.

At 2:42 pm, the Avenue Supermarts stock was trading 4.91% or 69.25 points lower at 1,341 level on BSE. The stock which opened at 1,340 level fell to an intra day low of 1,310 on the BSE.

The Centre had cut excise duty cut on fuel by Rs 1.50 per lite and had asked oil marketing companies (OMSs) to subsidise petrol and diesel prices by Re 1 a litre.

RBI's local data storage norms kick in today; foreign firms seek more timeThe RBI's deadline for global financial technology (fintech) companies to comply with its data localisation norms kicks in today. Senior officials said the deadline will not be deferred despite requests from foreign companies as they have already been given six months to prepare their systems for local storage of data. Mastercard, Visa, PayPal, Google, Amazon and Facebook are reported to have met Finance Minister Arun J...

The government has brought in a new board to rescue crisis-ridden IL&FS. What can it do quickly to prevent further damage?

Rahul Garg's Moglix is solving supply chain challenges for businesses.

The founders of GROWW want to make it the Amazon of the financial services space.

The government is working on an ambitious policy proposal to \"facilitate\" honest and consistent taxpayers in availing a variety of public services and tax-related works on priority

In response to an application filed owner of Kings XI Punjab, the Punjab bench of the AAR has ruled that providing complementary tickets free of charge would be considered supply of service and therefore liable to tax.

The Reserve Bank of India (RBI), in a circular in April, said all system providers will have to ensure that the entire data relating to payment systems operated by them are stored in a system only in India.