US-headquartered NCR Corporation, which controls nearly half of the ATM market in the country, said cash is coming back into the system and it does not feel threatened by the digitisation drive.
The rising awareness of beauty products, increasing premium on personal grooming, changes in consumption patterns and lifestyles and improved purchasing power among women are expected to boost the industry.
In October last year, the government had announced a Rs 2.11 lakh crore bank recapitalisation plan spread over two fiscals, 2017-18 and 2018-19.
National Informatics Centre is working overtime to iron out rough edges as further delay in e-way bill’s implementation could hurt the Centre and states’ revenues
Status quo on corporate tax rate for large firms doesn't make India uncompetitive, that's the word from Global Head of Tax at KPMG - Jane McCormick. However, in an exclusive conversation with CNBC-TV18's Prashant Nair, McCormick also said that going ahead India may need to reduce the tax rate.
A senior government official told the Times that the final figure could even reach as high as Rs 1.2 lakh crore for this fiscal.
Revenues collected from cesses and surcharges included in Budget 2018 is likely to reach about Rs 3.02 trillion, a 8.5 percent jump from FY18's collection at Rs 2.78 trillion.
As on March 2016, the NRI deposit stood at Rs 1,35,609 crore.
India's annual refining capacity would rise by 77 percent to 439 million tonnes, equivalent to about 8.8 million barrels per day (bpd) by 2030.
These three insurers that will be merged have an average of 14,000-16,000 employees and a few thousand will be let go
High-stakes test owners are increasingly turning to computer-based testing in India
"It's a lot of money invested and returns are taking too long and then you are operating within the confines of concessionaire agreement, which has got clauses which are not positively reactive at times," said SM Subrahmanyan, Chief Executive Officer and Managing Director of L&T
As expected Reserve Bank of India (RBI) kept key policy rates unchanged. it sounded overall dovish, bond yields fell by about 8 basis points (bps) yesterday after the announcement of the policy. In an interview with CNBC-TV18, Vivek Rajpal, Rates Strategist at Nomura India shared his views and readings on the same.
Participating in a discussion on Budget 2018-19, Debroy said it was possible to scrap income tax and other direct taxes and replace them with indirect taxes but indirect taxes can never be progressive.
The leading agency termed the policy as one with a "balanced tone" and treading a "cautious" path.
Watch accompanying video of CNBC-TV18’s Latha Venkatesh sharing her analysis of the monetary policy decision and what it could mean for the market.
Usually, after making a statement on the policy decision, Urjit Patel calls out publications to take questions from making it a 15-20-minute affair.
Out of the 60 fields, 22 were discovered by Oil and Natural Gas Corp (ONGC), 5 belong to Oil India Ltd and 12 are relinquished fields/discoveries from blocks offered in bids rounds under New Exploration Licensing Policy (NELP) since 1999, an official statement said.
The MoU will help deepen the understanding of current economic policy issues in both countries and also explore opportunities for future collaboration.
The MCLR for 1-year tenure loan for SBI is at 7.95 percent in January 2018 while its base rate still stands at 8.65 percent.
In an interview with CNBC-TV18, Ashima Goyal, Member of the Economic Advisory Council to the Prime Minister (PMEAC) shared her analysis of the monetary policy decision.
Amid controversy over the government proposal to tax long term capital gains from equities, RBI Governor Urjit Patel said on Wednesday that there are five different levies on capital which impact investments and savings.
With a view to providing customers of Non-Banking Finance Companies (NBFCs) with a cost-free and expeditious grievance redress mechanism, it has been decided to introduce an Ombudsman Scheme for NBFCs.
In an interview with CNBC-TV18, B Sriram MD of State Bank of India (SBI), Sajjid Chinoy, Economist, JPM, Manish Wadhawan Head of Rates at HSBC and Former RBI Deputy Governor SS Mundra discussed the nuances of this policy.