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July 24, 2014 2:15 PM

NDA has failed to contain inflation: Cong leader Moily

Senior Congress leader Veerappa Moily today alleged that the NDA has failed to contain the inflation. Initiating a discussion on the Finance Bill in the Lok Sabha, he said no concrete measures have been suggested in the budget to bring down the growing inflation. He said Finance Minister should come...

July 24, 2014 1:54 PM

Cabinet nod for SEBI Act amendment bill; more powers for regulator

The Union Cabinet has approved the SEBI Act amendment bill to give more powers to the market regulator. The bill will replace SEBI ordinance which was re-promulgated in March this year.The bill has provisions to empower the SEBI chairman to order searches and seziures and crack down on ponzi schemes...

July 24, 2014 1:42 PM

No proposal to curtail Budget session: Govt

Government has said there is no proposal before it to curtail the ongoing Budget session of Parliament ending on 14th of next month. Speaking to reporters outside Parliament House today, Parliamentary Affairs Minister Venkaiah Naidu said government has enough business to transact. He said some impor...

July 24, 2014 1:38 PM

Cabinet nod for SEBI Act amendment bill; more powers for market regulator

The Union Cabinet has approved the SEBI Act amendment bill to give more powers to the market regulator. The bill will replace SEBI ordinance which was re-promulgated in March this year.The bill has provisions to empower the SEBI chairman to order searches and seziures and crack down on ponzi schemes...

July 24, 2014 12:08 PM

India needs ideas, knowledge: PM to World Bank

Prime Minister Narendra Modi has told the World Bank that India requires ideas, knowledge and expertise rather than dollars. During a meeting with World Bank President Jim Yong Kim in New Delhi yesterday, he said the country needs to focus on developing a base of skilled people keeping the future in...

July 24, 2014 9:23 AM

World Bank commits $15-18 bn to India in next 3 years

The World Bank has committed 15 to 18 billion dollars to India by 2017 to help the country return to a higher growth path which is critical for boosting jobs and reducing poverty. It will step up its lending to India to 5 to 6 billion dollars annually over the next three years from the earlier commi...

July 24, 2014 9:14 AM

HC asks Centre to appoint FFC to fix Mumbai Metro rates

The Bombay High Court on Wednesday asked the Central Government to ensure that a fare fixation committee, FFC should be appointed quickly so that ticket rates for Mumbai Metro can be decided latest by September 30. A Bench of Chief Justice Mohit Shah and Justice M S Sonak also asked the Centre to fi...

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