Business

October 26, 2014 2:01 PM

Swiss gold exports to India cross CHF 11-bn

Swiss gold exports to India so far this year has reached a record high level of about 70000 crore rupees, as banks in Switzerland come under greater black money scrutiny. Gold exports stood at about 15,000 crore rupees in September alone, which is double the figure for the previous month, according ...

October 25, 2014 1:29 PM

Finance Minister calls for interest rate cuts

For the first time in four months, Finance Minister Arun Jaitley has called for a reduction in interest rates, saying lower rates would trigger demand for homes. Talking to a newspaper, he said, inflation seems to be stabilizing somewhat and the time seems to have come to moderate the interest rates...

October 25, 2014 8:30 AM

Centre approves 20 FDI proposals amounting to over 988 crore rupees

The Centre has approved 20 Foreign Direct Investment, FDI, proposals amounting to over 988 crore rupees. Of them, six proposals are related to the pharma sector. The Finance Ministry in a statement said that the proposals were approved on the recommendations of the Foreign Investment Promotion Board...

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