Business

The strategy document said besides having rapid growth, which reaches 9-10 per cent by 2022-23, it is also necessary to ensure that growth is inclusive, sustained, clean and formalised.

The Gautam Buddh Nagar administration said an "agreement for sub lease" between buyers and builders could be signed if there is a delay in getting other documents.

Chairman Sushil Chandra said the Central Board of Direct Taxes (CBDT) has set up a three member committee to deal with the issues concerning "high-pitched" assessments wherein irrational tax demands are raised by tax officers.

The bank in a regulatory filing said that as per the government guidelines for rationalisation of overseas presence, increase in efficiency and profitability of the overseas offices, it will close down branches in Guyana, Trinidad and Tobago and Ghana by...

The broader NSE Nifty too jumped almost 93 points. For the 50-share NSE Nifty, the close came in at 10,888.35, higher by 82.90 points, or 0.77 per cent, after shuttling between 10,900.35 and 10,844.85.

Raghuram Rajan said, 'The growth was not only impacted due to demonetisation but also because of implementation of Goods and Services Tax (GST).'

Mastercard has given a proposal to the RBI to delete back data from certain date but is wary of consequences of such a move, including disputes over transactions.

The former bureaucrat, who took over the reins, also said he will take measures which the economy requires in a timely manner and as the first step, will meet the heads of public sector banks.

The BSE Sensex closed with a 629-point gain, at 35,779 points and the NSE Nifty closed with a 188-point gain, at 10,737 points.

'During Prime Minister May's speech to the House, sterling fell through USD 1.26 to trade (at) levels not seen in 20 months, bringing the 2017 lows at USD 1.19 into focus,' ETX Capital analyst Michael Baker told AFP.

Patel, who completed two years at the helm, had faced several storms in the early days.

The simultaneous filings extend the protracted battle between Uber and Lyft, which as fierce rivals have often rolled out identical services and matched each other's prices.

India is followed by China (USD 67 billion), Mexico and the Philippines (USD 34 billion each) and Egypt (USD 26 billion), according to the global lender.

Relations between the Mint Road and North Block soured since late October, after the finance ministry mandarins started consultations under the never-before-used Section 7 of the RBI Act which empowers government to direct the central bank to undertake ce...

The committee is a follow up of the October 12 meeting called by Prime Minister Narendra Modi to review domestic production profile of oil and gas.

Traders said the positive global cues after dovish comments from US Fed Chairman Jerome Powell also boosted investor sentiment.