Crucial OPEC meeting today in Vienna amid demands to cut down production

FDI inflows in India to remain positive in coming quarters: Moody's report

Foreign direct investment inflows into India have increased significantly in the current fiscal, and the trend will continue during the remainder of this fiscal and beyond, due to the country's pro-growth policy agenda, says a Moody's report. According to the global credit rating a...

Crucial OPEC meeting tomorrow in Vienna amid demands to cut down production

Oil prices rise slightly as Saudi Arabia refuses to cut production

Brent crude oil futures rose 20 cents, to 78.53 dollars a barrel, today, after Saudi Arabia signaled that it was unlikely to push for a major change in OPEC oil output despite a collapse in prices. Saudi Arabian Oil Minister Ali al-Naimi said he expected oil to stabilize itself eventually. US crude ...

FDI inflows in India to remain positive in coming quarters: Moody's report

Foreign direct investment inflows into India have increased significantly in the current fiscal, and the trend will continue during the remainder of this fiscal and beyond, due to the country's pro-growth policy agenda, says a Moody's report. According to the global credit rating a...

Govt invites Arab countries to invest in infrastructure, manufacturing sectors

The government has invited the Arab countries to invest in infrastructure and Manufacturing sectors for promoting the economic activities in the country. Addressing the 4th India -Arab Partnership Conference in New Delhi Commerce and Industry Minister Nirmala Sitharaman today said the government has...

RBI tightens screws on foreign fund raising

Tightening screws on foreign fund raising, the Reserve Bank has banned domestic firms from raising such funds above the permitted levels and from extending guarantees for them to meet domestic funding needs. The RBI in a notification yesterday also made it clear that those not following the norms wi...

RBI planning to be more flexible in loan recast to spur growth: Rajan

Reserve Bank of India Governor Raghuram Rajan has said that India is considering giving banks more flexibility when restructuring distressed loans in a bid to help cash-strapped projects to get funding from lenders.Speaking at the Institute of Rural Management -Anand in Gujarat, he said that RBI is ...

Govt plans to offer interest subsidy on housing loans for economically weaker sections<br/>

Government is considering to offer interest subsidy on housing loans to help economically weaker section and lower income group people. Talking to reporters on the sidelines of a Realtors Conclave in New Delhi yesterday, Housing and Urban Poverty Alleviation Minister Venkaiah Naidu said, the interes...

Swavalamban scheme can help reach Rs 1 lakh cr funds: PFRDA