The dividend could help Prime Minister Narendra Modi's administration bridge a widening budget deficit following a drop in tax collections.

Chidambaram says Modi's recent interview suggested the government had done everything right. But, people have already written 'Fail' on the Modi govt's report card, he claimed.

The government's decision to recapitalise the ailing public sector banks without first fixing the management problems is a bad idea.

Debt relief helps only a small fragment of farming community in a very limited and temporary way.

Despite the craze, investment in mutual funds does not guarantee high returns. The reasons are often shallow knowledge and indisciplined approach towards investment. Here is a list of some common mistakes that investors should avoid while investing in mutual funds:

The government's fiscal math is off-track. It will have to do some accounting jugglery to stick to the fiscal deficit target.

RBI Governor Urjit Patel not only reiterated the regulator's stand on autonomy and maintaining its current level of reserves, but also told law makers that the impact of demonetisation was transient.

RBI Deputy Governor Viral Acharya compared government's 'myopic' economic policies to a T20 cricket match, in contrast to the long-term planning of a central bank, which he called a Test match.

The minimum investment amount is Rs 1,000. The NFO will primarily invest in stocks that are expected to benefit from growth in income and consumption in the rural sector. Indian economy is known to work well when rural economy does well, and this fund is planning to capitalise on this theme.

In an unexpected move, the Monetary Policy Committee of Reserve Bank of India (RBI) on Friday kept the repo rate unchanged at 6.5 per cent. The MPC changed the stance from 'neutral' to 'calibrated tightening'

How ultra-rich stay rich; their world of trusts, private bankers and offshore destinations.

Paytm raises $300 million from Berkshire HathawayOne97 Communications Ltd, the parent company of Paytm, has raised $300 million from Warren Buffett's Berkshire Hathaway Inc., according to regulatory documents, as reported by Mint. This will be Berkshire Hathaway's first investment in the country's startup ecosystem. This is being considered a boost for India's startup industry.GST Council meet: National cess to help calamity-hit states on agendaThe Goods and Services Tax Council w...

Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.