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April 21, 2017 11:55 PM
India's foreign exchange reserves rose by $889.4 million to $369.887 billion during the week ended April 14, helped by increase in foreign currency assets. The Reserve Bank said in a data released in Mumbai today, Foreign currency assets (FCAs), a major component of the overall reserves, su...
April 21, 2017 9:00 PM
The government has extended the date of declarations about tax payment and deposits under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) till 10th of next month. This has come within days of extending the date for making deposits as part of the tax amnesty scheme till 30th of this month. An official...
April 21, 2017 5:55 PM
Food and Consumer Affairs Minister Ram Vilas Paswan today said that the government has approved guidelines on service charge. In a series of tweets, Mr Paswan said, as per guidelines service charge is totally voluntary and not mandatory now. He said, hotels and restaurants should not decide how much...
April 21, 2017 3:01 PM
The rupee weakened by 9 paise to 64 point 65 against the dollar in early trade today at the Inter-bank Foreign Exchange market on increased demand for the American currency from importers and banks.The rupee edged higher by 2 paise against the Dollar to close at 64.56 in yesterday's trade. ...
April 21, 2017 2:12 PM
Reserve Bank of India, Governor, Urjit Patel has been asked by a Parliamentary panel to appear before it again on May 25 over demonetisation issue. Sources said in New Delhi that the Parliamentary Standing Committee on Finance has decided to call RBI Governor and ministry officials again to appear b...
April 21, 2017 10:14 AM
The rupee weakened by 9 paise to 64.65 against the dollar in early trade today at the Inter-bank Foreign Exchange market on increased demand for the American currency from importers and banks.The rupee edged higher by 2 paise against the Dollar to close at 64.56 in yesterday's trade. Meanwh...
April 21, 2017 6:47 AM
RBI Governor Urjit Patel today told the Monetary Policy Committee (MPC) that there is room for banks to further cut interest rate while sounding a note of caution on inflation front in the coming months. The six-member MPC headed by Patel, had opted for status quo on the benchmark policy rate (repo ...
April 20, 2017 1:44 PM
Labour Minister Bandaru Dattatreya today said that the Finance Ministry has approved 8(point)65 per cent interest rate on EPF for 2016-17. He said, the government will immediately issue the notification and credit the rate of interest to over four crore subscribers. The ratification of the 8.65 per ...
April 20, 2017 8:22 AM
Government has extended the last date to make deposits under the Pradhan Mantri Garib Kalyan Yojna (PMGKY) to 30th of this month for those availing the scheme and have already paid tax, surcharge and penalties. The scheme, which opened in December last year, provided last chance to holders of undisc...
April 20, 2017 8:14 AM
The Telecom Regulatory Authority of India (TRAI) has invited comments from stakeholders on ease of doing business in the broadcasting sector. TRAI, in a release said, the comments, which can be sent till 8th of next month, will help in identifying issues related to ease of doing business before goin...
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