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December 4, 2014 7:52 AM
RBI Deputy Governor MR. H R Khan has expressed concerns regarding e-commerce transactions. Speaking to reporters in Mumbai, Mr. Khan said that e-commerce is an innovative concept that cannot be pushed away but added that RBI will be issuing certain guidelines in this regard very soon. He said that f...
December 4, 2014 7:48 AM
Minister for Petroleum and Natural Gas Dharmendra Pradhan has said that safety is the most important aspect in the oil industry. Addressing Oil Industry Safety Awards Ceremony in New Delhi today Mr Pradhan said, Industries and big projects are must for development but safety should never be ignored....
December 4, 2014 7:47 AM
Petroleum and Natural Gas Minister Dharmendra Pradhan has said that the move to hike excise duty on petrol and diesel was meant to shore up revenue to meet budget deficit without burdening the consumer. Talking to media on the sidelines of a function in New Delhi today, Mr Pradhan said that in legac...
December 3, 2014 9:29 PM
Government today ruled out the resignation of the Minister of State for Food Processing Industries, Niranjan Jyoti. Talking to reporters outside Parliament, Parliamentary Affairs Minister Venkaiah Naidu said, Ms Jyoti has already apologised for her remarks.He recalled that several Congress Ministers...
December 3, 2014 9:29 PM
Government today ruled out the resignation of the Minister of State for Food Processing Industries, Niranjan Jyoti. Talking to reporters outside Parliament, Parliamentary Affairs Minister Venkaiah Naidu said, Ms Jyoti has already apologised for her remarks.He recalled that several Congress Ministers...
December 3, 2014 8:30 PM
Government today relaxed rules for Foreign Direct Investment, FDI in the construction sector by reducing minimum built-up area as well as capital requirement and easing the exit norms. The revised norms relating to Construction Development Sector, which were earlier approved by the Cabinet, have bee...
December 3, 2014 6:29 PM
Chairman and CEO of Bank of America Brian Moynihan, today called on the Prime Minister Narendra Modi in New Delhi. During the course of interaction, Mr. Moynihan said that he expects the Indian economy to grow at a fast pace, and that the world has changed its perception about India. Mr. Moynihan sa...
December 3, 2014 5:04 PM
Amidst highly volatile trade, the Indian markets ended on a flat note today. The benchmark index at the Bombay Stock Exchange declined by just 1 point to close at 28,442.71. The Sensex today surged to a high of 28,504.65 but was pushed back due to profit-booking. The mixed trend in global markets al...
December 3, 2014 11:31 AM
Oil prices rebounded in Asia today as dealers consolidated positions and awaited the latest US stockpiles report for fresh leads following sharp falls due to a supply glut, analysts said. US benchmark West Texas Intermediate (WTI) for January delivery rose 89 cents to $ 67.77 while Brent crude for J...
December 3, 2014 8:48 AM
As public sector bank employees in North India go on strike today government has asked PSU banks to stock ATMs with enough cash and take steps to minimize inconvenience to customers. A press release issued by the finance ministry said that the government is fully seized of the situation arising out ...
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