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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RBI Says Linking Aadhaar Number To Bank Accounts Mandatory

RBI Says Linking Aadhaar Number To Bank Accounts Mandatory

Mumbai: The Reserve Bank of India (RBI) on Saturday dismissed media reports that it was not necessary to link national identity card numbers, known as Aadhaar numbers, to bank accounts. It said in a statement the requirement remained in force...
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A Small Business Owner Who Appeared With Trump At A Healthcare Event Says He Was “Duped” And An “Idiot”

A Small Business Owner Who Appeared With Trump At A Healthcare Event Says He Was “Duped” And An “Idiot”

Last Thursday, Donald Trump signed an executive order on healthcare, surrounded by Republicans and business leaders. Evan Vucci / AP The White House said the order is “promoting healthcare choice and competition,” but many saw it as an attempt t...
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Infosys founders taking part in buyback does not send wrong signal, says Bala

Infosys founders taking part in buyback does not send wrong signal, says Bala

Infosys founders participating in the Rs 13,000 crore buyback offer does not give any wrong signal to shareholders, the IT giant’s former chief financial officer V Balakrishnan has said. Infosys on Monday said some of the members of the promoter...
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Demonetisation: RBI says 99% of banned Rs 500, Rs 1000 notes returned after PM Modi’s surprise move

Demonetisation: RBI says 99% of banned Rs 500, Rs 1000 notes returned after PM Modi’s surprise move

Indians returned almost all of the estimated Rs 15.4 lakh crore -15.5 lakh crore in high-currency bills removed from circulation in a shock move late last year, the Reserve Bank of India said in its annual report out on Wednesday....
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Bird Group says keen to buy Air India’s subsidiary

Bird Group says keen to buy Air India’s subsidiary

Aviation services provider Bird Group on Wednesday said it is interested in buying state-owned carrier Air India’s ground-handling subsidiary AIATSL, making it the second company to formally show interest in bidding for a part of the ailing airline. Bird Gro...
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