Rupee falls 14 paise to 64.52 as RBI keeps rates unchanged, raises inflation forecast

Rupee falls 14 paise to 64.52 as RBI keeps rates unchanged, raises inflation forecast

The rupee weakened further by 14 paise to close at 64.52 against the US dollar after the Reserve Bank decided to keep rates unchanged and raised the inflation forecast on Wednesday. Besides, heavy capital outflows in anticipation of rate hike...
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Bitcoin soars to $19,000 then falls back to $16,000; banks raise risk concerns

Bitcoin soars to $19,000 then falls back to $16,000; banks raise risk concerns

Even by bitcoin standards, Thursday was a wild ride. With a few hours, the volatile digital currency surged above $19,000, dropped back below $16,000, and then see-sawed before settling in just above $17,000 late Thursday in the U.S. The wild...
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India passing through fast formalisation of economy, says Arun Jaitley

India passing through fast formalisation of economy, says Arun Jaitley

Finance minister Arun Jaitley on Friday said India is at present passing through a stage that will in future be recognised as a phase of fast formalisation of the economy. Speaking at a State Bank of India (SBI) event here,...
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WhatsApp leak: Sebi, exchanges checking listed companies’ trade details

WhatsApp leak: Sebi, exchanges checking listed companies’ trade details

Sebi and exchanges have started examining trade details of over two dozen stocks as part of a probe into alleged leak of key financial details of these companies through WhatsApp while the regulator is also considering seeking call data records of the pers...
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When Financial Transparency Helps or Hurts Your Business

When Financial Transparency Helps or Hurts Your Business

Financial transparency can be a tricky issue for small businesses. You may be tempted to keep the majority of your financial information on a need-to-know basis among only your top leadership team. But there can be benefits to sharing this...
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27 Percent of Small Business Owners Use Same Bank Account for Business and Personal (Infographic)

27 Percent of Small Business Owners Use Same Bank Account for Business and Personal (Infographic)

Managing finances is a key priority for small businesses. Yet many business owners make financial mistakesthat may cost them dearly. For example, a new study has revealed 27 percent of small business owners use the same checking account for personal and busi...
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