Former Finance Minister P. Chidambaram on Wednesday raised questions about what caused the change in the "declared goals" of the Goods and Services Tax (GST) regime, why it was being changed. ....

The Goods and Services Tax (GST) Council on Saturday decided to form a seven-member Group of Ministers (GoM) to study anomalies in tax collection in some of the states which showed wide deviation from what was expected. ....

After a court in Britain ordered the extradition of Indian industrialist Vijay Mallya to stand trial on charges of committing a Rs 9,000-crore bank loan fraud, the Indian High Commission in London is in touch with British authorities, with the case now in the hands of British Home Secretary, a senior official said on Thursday. ....

The Enforcement Directorate is likely move an application before a city court on Wednesday seeking custody of Christian Michel, the middleman who was extradited to India from the UAE earlier this month in the Rs 3,600-crore AgustaWestland VVIP chopper deal, said sources. ....

India's annual rate of inflation based on wholesale prices eased to 4.64 per cent in November from 5.28 per cent in October, official data showed here on Friday. ....

After declining for nearly two months, petrol prices rose marginally on Thursday across three of the four metro cities in the country. ....

Declaring that he will uphold the "autonomy, integrity and credibility" of the RBI, newly-appointed Governor Shaktikanta Das said on Wednesday that the government is responsible for running the country and the central bank is also accountable. ....

Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as RBI Governor after Urjit Patel abruptly resigned from the post amidst a tiff with the government on the central bank's autonomy. ....

The government on Tuesday appointed Shaktikanta Das, who as Economic Affairs Secretary steered the monetary situation post-demonetisation, as the new RBI Governor, a day after Urjit Patel resigned amidst a tiff with the government on the RBI's autonomy. ....

The government on Friday appointed Hyderabad-based Indian School of Business (ISB) Associate Professor Krishnamurthy Subramanian as the Chief Economic Adviser (CEA) in the Finance Ministry for a period of three years. ....