Inter-ministerial body proposes ban on private cryptocurrenciesCountries like Russia and Canada allow virtual currencies to be traded for other goods or services.
Markets extend sell-off after RBI governor Shaktikanta Das sounds cautionThe domestic equity markets continued to reel from selling pressure with the benchmark Sensex extending its three-day sell-off to nearly 1,200 points, or over 3 per cent.
Big Four accountants may face CCI probeNew Delhi/Mumbai: The government wants the antitrust body to assess whether the so-called "Big Four" auditing firms and their affiliates are hurting competition in any manner, a senior government official told reporters.
Boeing's credit rating at risk because of 737 Max crisis, says FitchBoeing Co. 's credit rating is at risk as the grounding of the 737 Max drags into a fifth month, Fitch Ratings said.
India's interest-rate stance now depends on data, says Shaktikanta DasIn one of his first interviews with media since taking office seven months ago, Das said he sees signs of a recovery in economic growth and further monetary policy steps will depend on incoming data.
Consumers could get up to $20,000 apiece in Equifax settlement — how to get your shareTwo years after Equifax revealed that hackers accessed the personal information of up to 147 million people, the credit bureau’s newly-announced settlement for up to $700 million will provide cash payments for those who have been affected — but there are some key requirements people should be aware of before they file a claim.
Govt targets to add 1.3 crore income tax filers this fiscalThe government has set a target of adding 1.3 crore income tax filers in the current financial year against 1.1 crore new filers last year, Parliament was informed on July 22.
India mulls ways to give least duty cuts to China in long time period in RCEPNEW DELHI: India is looking at different arrangements to give minimum tariff cuts to Chinese goods and delay the concessions by a long number of years amid industry’s fears of cheap imports from Beijing flooding the country as it prepares to conclude a mega regional trade pact next month.
Gold holds steady as investors await Fed rate cut decisionGold prices steadied on July 22, after a sharp fall in the previous session, as investors waited for a decision from the US Federal Reserve on interest rates at its month-end meeting.
IndiGo to induct four more directors to boardSignalling a rapprochement between the two squabbling co-founders of IndiGo, Rakesh Gangwal and Rahul Bhatia, the airline said it would expand its board up to a maximum of 10 members, including four independent directors.