The new Rs 20 banknote has a motif of Ellora Caves on the reverse.
It also contains a portrait of Mahatma Gandhi at the centre, with micro letters ‘RBI’, ‘BHARAT’ (in Hindi), ‘INDIA’ and ’20’
India will remain to be the fastest-growing economy this year clocking a growth rate of 7.2 per cent in 2019-20, despite risks of a global slowdown, financial markets and crude price volatility, according to the Reserve Bank of India governor Shaktikanta Das.
He called for greater co-operation among emerging market economies on all fronts which will help them be better off in this uncertain environment.
Beleaguered Indian airline Jet Airways has suspended all international operations amid its continued financial struggles. The suspension is currently planned until Monday when airline officials will be meeting with lenders to attempt to secure more funding.
Hours after US President Donald Trump announced his decision to end preferential trade treatment for India, the government today said that the move will not have a “significant impact”. India currently enjoys duty-free entry for upto $5.6 billion worth of its exports to the US, under what is known as the Generalised System of Preferences or GSP.
On the basis of a complaint by one of its Directors Anil Sutar, Intellicity Business Park Pvt. Ltd is likely to soon face the ministry of corporate affairs (MCA) probe as the builder company is alleged to have siphoned off funds. The ministry has started a preliminary investigation into the builder’s books. The report is expected soon.
Saudi Crown Prince Mohammed bin Salman arrived in China on Thursday on the latest stop of a sweep through Asia that aims to expand the kingdom’s influence on the continent.
Prince Mohammed touched down in the morning following earlier visits to India and Pakistan.
The Supreme Court bench of Justices R F Nariman and Vineet Saran has held Anil Ambani, Chairman of Reliance Communications, guilty of contempt of court for defaulting payments to Ericsson as per the undertaking given to the Court.
The much anticipated interim budget 2019 — Prime Minister Narendra Modi’s last of this term — is finally out. Presented on Friday in the parliament by finance minister Piyush Goyal, Budget 2019 offers many sops for middle classes and farmers. Here are the 10 most important takeaways from budget 2019.
The GST collections in January rose to Rs 1.02 lakh crore, the second highest monthly mop-up after April. This is a significant increase from the collection of Rs 94,725 crore in December 2018, and 14 per cent higher than January 2018 collection of Rs 89,825 crore. The total number of sales return or GSTR-3B filed for the month of December up to January 31, 2019 is 73.3 lakh.
The whole country is surprised how on earth IT department is conducting successful raids and…