RBI Governor Raghuram Rajan said he was open to staying a bit longer to complete the unfinished work of bank clean up, but is perfectly happy to go.

Ending a practice that began in 1924, there will be no separate railway budget from next year onwards, as the finance ministry agrees to a proposal asking to merge the transporter's annual exercise with the general budget.

The Central Government's direct tax collections grew 24 per cent to £15.9 billion, in the first four months of the current fiscal, while mop up from indirect taxes increased by 29.8 per cent to £27.17 billion over the same period previous year....

India's Attorney General Mukul Rohatgi told the Supreme Court that businessman Vijay Mallya has not disclosed his full assets, including $45 million received by him from a British firm

Ministry of Corporate Affairs is looking forward to rework the investigation mechanism for companies, including a shift to a committee-driven approach, to deal with allegations of officers arm-twisting companies, promoters or indulging in corruption

Retail inflation in India stood firm on the back of sticky food prices while industrial output growth showed some faint signs of revival in May complicating the policy choice for the Reserve Bank of India which has raised concerns about inflationary...