The number of Income Tax Return (ITR) filings has gone up by 60 percent till August this year compared to last year. IT returns filed till 30th August 2018 stands at 5 crore...

Congress president Rahul Gandhi has come up with another conspiracy theory on demonetization. In this theory, he has suggested that demonetization was a step to help US based e-commerce company Amazon. “Demonetization wasn't...

Copper imports of India have risen by 221 percent in June quarter, primarily due to the closing of Vedanta's Sterlite copper plant in Tuticorin. The plant was ordered to close operations in May...

There was lot of ambiguity in who will bear the liability if a person’s bank account in hacked and money is withdrawn. Some banks had clear guidelines about this and some did not....

As per Reserve Bank of India (RBI) annual report, 99.3 percent of the demonetized currency is back to the central bank. The total value of demonetized 500 and 100 rupees notes was Rs...

The rural part of the country has long suffered a slow economic growth. The reasons were various including droughts and floods, negligence from government, sheer dependence on agriculture. After droughts in 2014,2015 and...

Household savings in the country has increased substantially. In fact, it is highest in the last seven years. The household savings as a percentage of gross national disposable income (GNDI) increased from 9.1...

After years of an unregulated environment, the government has finally come up with policy document for drone industry.  The civil aviation regulator, Directorate General of Civil Aviation (DGCA) has announced a new licensing...

Government has asked RBI to prepare a plan for merger among 21 public sector banks. The public sector banks are losing market share to private banks because their service is bad and they...

The number of visitors to Kedarnath Mandir is poised to reach 10 lakh this year. Previous highest record for number of pilgrims is 5.83 lakh in 2012. “Never before have so many pilgrims...

China's plan to build 40,000 houses in Jaffna area has hit a hurdle. The State-run railway company of China Beijing Engineering Group won a contract of 300 million in April this year with...

Berkshire Hathaway Inc., an American multinational holding company has decided to invest Rs 2500 crore ($356 million) in digital payments and e-commerce firm Paytm. Famous investor Warren Buffett is the chairman and CEO of...