Following the surge in demand, Bitcoin is being quoted on Indian exchanges at 25-28 per cent higher than the international price, reports Rajesh Bhayani.
The policy statement by the RBI governor is also expected to be upbeat.
The Delhi High Court on Friday questioned why Facebook Inc is not paying any service tax when Google is doing so and directed the Centre to file a "better affidavit" on the issue.
The rupee ended at a new one-year closing high for the fifth day in a row on Friday, buoyed by increased dollar remittances by exporters in the belief that the currency was set to climb higher.
Want to know how to claim tax deduction on property income you earn? Do you know how to withdraw unclaimed EPF money?
One can expect significant changes at India's banks in ensuing months.
Ending more than four decades of wait, India and Bangladesh will start the exchange of 162 adversely-held enclaves from Friday, marking the start of implementation of their landmark Land Boundary Agreement.
'A key trend that one should expect to see is tonnes of failures.' 'Several blockchain-focused companies will fail.'
SpiceJet in a statement said that there is no default in payment to AAI since January this year.
Emerging market currencies including Indian rupee are likely to remain under pressure, though depreciation is expected to slow from here, Barclays said in a research report.
The RBI also looked into the effectiveness of systems and processes for implementation of KYC norms
Dubai, Singapore, London are the top overseas markets for Indians
ED failed to obtain evidence with regard to financial links about the purchase of an island in Scotland.
There would be an increase in NRI investment in India post elections.
The vertical will be based out of Bengaluru.
'A fresh look is being given to ways of processing, transmission, and delivery.'
In worldwide trade, the US dollar retreated from its recent multi-year highs to trade subdued against major rival currencies
The payments banks are intended to house transactional accounts for individuals, focusing on payments and remittances.
In the aftermath of the Easter Sunday terrorist attacks, allegations have been made that the Muslim militants in Sri Lanka draw sustenance from India. An overarching impression is being created that the ISIS is gaining ground in India, points out Ambassador M K Bhadrakumar.
Reduce frill expenses, monetise your assets and invest in professional development to negotiate the choppy phase.
PM Modi to travel to Vietnam before going to China to attend G20 summit.
Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election.
RBI had received 72 applications for small finance bank licences.
India's balance of payments in negative territory.
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
Maran challenged reports that he and another company official have been summoned as accused by a Delhi court in two tax evasion cases
Bandhan Financial Services, which is to start banking operations soon, has received a combined equity commitment of Rs 1,600 crore (Rs 16 billion) from International Finance Corp (IFC) and GIC, Singapore's sovereign wealth fund.
Modi hailed the close defence cooperation between the two countries and welcomed the completion of the logistics agreement between the two navies.
The start of BHIM's declining share coincided with the launch of Google Tez in mid-Septem
India's jewellery consumption in Sept quarter increases 5% to 193 tonnes.
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
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Steps announced by new RBI Governor Raghuram Rajan could attract $10 billion of forex inflows in the next three months and this could be a material near-term positive for the rupee, which has lost 20 per cent since January, the London-based banking and financial services company said.
Lack of opportunities coupled with a desire to get rich quick in the West is fueling Punjab's human trafficking problem.
Draft guidelines for Small Banks and Payments Banks were issued by the RBI in July and comments were invited till August 28.
A special court on Saturday issued fresh summons against three accused in a money laundering case related to the Rs 3,600 crore VVIP chopper deal in which it had earlier issued an open-ended non-bailable warrant against British national and alleged middleman Christian Michel James.
There is merit in considering whether merchandise exports can be facilitated by halting if not reversing the rupee's appreciation, says T N Ninan.
US president Barack Obama new initiative to help millions of proud Indian-Americans directly invest in India's future.
Nomura has forecast the rupee at 61.6 against the dollar in Q1 and at 62 by Q4 of 2015.
The probe agency sought nine days further remand of Michel for his custodial interrogation saying he was not cooperating in the investigation of the case.
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