TRAI relaxes plaint resolution time for operators

Telecom Regulatory Authority of India has relaxed the time for operators for resolution of billing and charging complaints by consumers. From the earlier four weeks, the regulator has relaxed the time to six weeks for resolution of all the complaints. The regulator said, service providers emphasised...

Bank Of America in record payout for misleading US investors

Bank of America has agreed to pay a record 16.7 billion dollars to US authorities for misleading investors about the quality of loans it sold. The loans were sold by countrywide Financial and Merrill Lynch before Bank of America bought them in 2008 at the height of the financial crisis. The associat...

RBI projects 5.5 % GDP growth during current fiscal

FM stresses on lower taxes to attract more tourists

RBI projects 5.5 pc GDP growth in current fiscal; Rules out impact of weak monsoons

RBI rules out too much impact of weak monsoons

The Reserve Bank of India has said that the impact of weak monsoon on the country's farm production and economy is likely to be limited as rainfall levels have improved considerably over the past one month.In its annual report for 2013-14 released on Thursday, the RBI said even if the rainf...

RBI projects 5.5 pc GDP growth in current fiscal

India seek Co-Op of African countries on food stock holding limit at WTO

Credibility extremely important in banking system: Jaitley

Finance Minister Arun Jaitley today said that credibility is extremely important in the functioning of banking system and the government expects much better standards of risk management system form the banks.He said that department of Financial Services has been actively working in this direction.Sp...

Rail revenue from commodity-wise freight up by over 14%

The Indian Railways Revenue Earning has been upped by 14.72 percent during the month of July 2014 and 9.30 percent during April to July 2014 from commodity-wise freight traffic. The revenue has risen to Thirty Two Thousand Four Hundred and Fifty One (32451.31) crores of rupees as compared to Twenty ...