Despite a cut of straight 1 per cent, India remains the world’s fastest growing economy with a projected growth of 6.1 percent for the current fiscal year.

An account holder at the Punjab Maharashtra Co-operative (PMC) Bank with a bank deposit of over Rs 90 lakhs in the crisis-hit bank passed away on Monday. He died of a heart attack hours after he took part in a protest outside a Mumbai court against the bank.

A total of 5.52 crore Income Tax Returns (ITRs) out of 5.87 crore have been checked by the Central Board of Directors (CBDT) for the Assessment Year (AY) 2018-19 (Financial Year 2017-18) under the individual category.

Reliance Industries Chairman Mukesh Ambani has retained the top spot on the Forbes list of richest Indians of the year 2019. This is the 12th time when Ambani has secured the 1st position with wealth swelling upto $51.4 billion.

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The bank now offers an interest rate of 6.4 per cent to general public and 6.9 per cent to senior citizens on fixed deposits of below Rs. 2 crore for a tenor of '1 year to less than 2 years' tenor.

Finance Minister Nirmala Sitharaman on Thursday assured depositors of PMC bank that she will speak with the RBI Governor to provide appropriate time so that its clients can withdraw money from their accounts.

Finance Minister Nirmala Sitharaman on Friday announced a rate cut of corporate tax from 30% to 22%, aiming to attract manufacturers and revive private investments.

A two-day nationwide bank strike has been deferred indefinitely for now. The union issued an official statement after their representatives met Union Finance Secretary Rajiv Kumar in New Delhi on Monday.

Prime Minister Narendra Modi on Saturday praised Nirmala Sitharaman's decision to reduce corporate tax, calling it a 'win-win for 130 crore Indians'.

Finance Minister Nirmala Sitharaman on Friday announced four measures which could give economy a much-needed boost. It comes ahead of GST meet to be held in Goa today.

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This comes after the Reserve Bank of India (RBI) recently reduced 1.1 percentage point in the repo rate - the key interest rate at which it lends short-term funds to commercial banks - so far this year.

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Crisis-hit auto industry received an assurance from union minister Nitin Gadkari on Thursday of all possible support during the tough time, resulting in a stock jump up to 7.8%.

The reaction from BJP came a day after Manmohan Singh said that Narendra Modi government is responsible for "all-round mismanagement". He said if the economy is not revived of man-made blunders of demonetization.

There are various genius minds which have been stretching their thoughts to find out the real reasons behind such unintended 'economic slowdown'. There are a few who are also blaming the political decisions taken by the current government like introduction of GST and other factors.

The PNB has decreased the interest rates by up to 0.50 percentage point on select maturities, according to the public sector bank's website -- pnbindia.in.