PM announces new fund to fight Covid, you can donate

Prime Minister Narendra Modi on Saturday announced the creation of an assistance and emergency situation relief fund where people can contribute and help in the government's fight against......

Dazed by demonetisation twists? Read the new FAQ

Prime Minister Narendra Modi promised on November 8 that the pain due to demonetisation will ease within 50 days, yet within this duration the Reserve Bank of India has changed the rules at least......

Cong rejects EC proposals on transparency in poll funding

Rejecting the Election Commission's suggestions on transparency and accountability in poll funding, the Congress party has expressed its inability to issue receipts to all persons or companies......

647 villages in Odisha still marooned; DONATE!

Though the flood situation in Odisha's five northen districts triggered by Cyclone Phailin and resultant rains slightly improved on Wednesday, people of 647 villages continued to be marooned, while......

RBI restrains commercial card payments by a network

The Reserve Bank of India (RBI), on Thursday issued orders restraining commercial transactions routed through intermediaries by a card network. Photograph: Shailesh Andrade/Reuters The central......

Donations to lower tax slab can make taxman see red

The Income-Tax (I-T) department has issued around 8,000 notices to salaried employees, self-employed individuals, and companies who made significant donations to charitable trusts. Illustration:......

HDFC twins' merger: RBI may take call on relaxations closer to date

The Reserve Bank of India is likely to take a call on the relaxations sought by HDFC Bank in relation to the merger, as the date of merger draws closer, sources said. Photograph: PTI Photo The......

Can RBI's digital currency replace physical cash?

Despite the demonetisation of 2016 and the rise in digital transactions that followed, the economy’s dependence on cash has remained as high as ever. Illustration: Dominic Xavier/Rediff.com......