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IMF backs Christine Lagarde

August 30, 2014 8:50 AM

IMF backs Christine Lagarde

The International Monetary Fund has expressed confidence in its leader Christine Lagarde, despite her being investigated for negligence in France. Ms. Lagarde has been questioned about her role in awarding compensation to businessman Bernard Tapie in 2008. Ms. Lagarde was France's Finance M...

Indian economy grows at 5.7 percent in first quarter of current fiscal

August 29, 2014 7:22 PM

Indian economy grows at 5.7 percent in first quarter of current fiscal

India's Gross Domestic Product ,GDP has grown at 5.7 percent in the first quarter of the current financial year. It is the highest growth recorded during the last 9 quarters. The GDP growth in the last quarter of 2013-14 was at 4.6 Per cent. According to the Central Statistics Office, data ...

Indian economy grows at 5.7 percent in first quarter of current fiscal

August 29, 2014 7:21 PM

Indian economy grows at 5.7 percent in first quarter of current fiscal

India's Gross Domestic Product ,GDP has grown at 5.7 percent in the first quarter of the current financial year. It is the highest growth recorded during the last 9 quarters. The GDP growth in the last quarter of 2013-14 was at 4.6 Per cent. According to the Central Statistics Office, data ...

India's GDP grows at 5.7% in Q1 of 2014-15

August 29, 2014 7:17 PM

India's GDP grows at 5.7% in Q1 of 2014-15

India's Gross Domestic Product ,GDP has grown at 5.7 percent in the first quarter of the current financial year. It is the highest growth recorded during the last 9 quarters. The GDP growth in the last quarter of 2013-14 was at 4.6 Per cent. According to the Central Statistics Office, data ...

India's GDP grows at 5.7% in Q1 of 2014-15

August 29, 2014 7:15 PM

India's GDP grows at 5.7% in Q1 of 2014-15

India's Gross Domestic Product ,GDP has grown at 5.7 percent in the first quarter of the current financial year. It is the highest growth recorded during the last 9 quarters. The GDP growth in the last quarter of 2013-14 was at 4.6 Per cent. According to the Central Statistics Office, data ...

SEBI issues norms for sharing KYC details with financial regulators

August 29, 2014 10:40 AM

SEBI issues norms for sharing KYC details with financial regulators

The Securities and Exchange Board of Inda (SEBI) today said it will allow sharing of Know-your-Client details with entities regulated by other financial sector watchdogs. So far, the facility of sharing of KYC information was available only among Sebi-registered intermediaries.The KYC information of...

US GDP grows at brisk 4.2 percent rate in Q2

August 29, 2014 8:48 AM

US GDP grows at brisk 4.2 percent rate in Q2

The US government has said that after a bleak start to the year, its economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, slightly faster than it had first estimated. The upward revision supported expectations that the second half of 2014 will prove far stronger than the fir...

CII welcomes launch of Pradhan Mantri Jan Dhan Yojana

August 28, 2014 8:58 PM

CII welcomes launch of Pradhan Mantri Jan Dhan Yojana

Confederation of Indian Industry (CII) has welcomed the launch of Pradhan Mantri Jan Dhan Yojana to empower country's poor. In a statement, CII Director General, Chandrajit Banerjee said it is an innovative and much needed step which will address the challenge of poverty eradication through...

Centre notifies minimum monthly pension, wage ceiling enhancement

August 28, 2014 5:25 PM

Centre notifies minimum monthly pension, wage ceiling enhancement

Government has notified minimum monthly pension of 1,000 rupees and a higher wage ceiling enhancement to15,000 from 6,500 rupees for social security schemes run by retirement fund manager Employees Provident Fund Organisation. Both schemes will be implemented from 1st September of the next month. Ac...

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