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January 21, 2017 12:23 PM
Government today clarified that Co-operative Banks are not authorised to accept deposits under the Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS). The scheme allows assessees to disclose previously unaccounted and undeclared income under its ambit. The PMGKDS permits voluntary declarations of p...
January 21, 2017 12:34 AM
RBI Governor Urjit Patel and other senior functionaries today appeared before Public Accounts Committee (PAC) for oral evidence on Review of Monetary Policy in Parliament House, New Delhi. Sources said, RBI informed the Parliamentary panel that it is working on a mechanism to bring down transaction ...
January 20, 2017 3:06 PM
The first flight is likely to take off next month under the government's ambitious regional connectivity scheme-UDAN. The scheme UDAN (Ude Desh Ke Aam Naagrik), seeks to boost regional air connectivity and provides various incentives to airlines. The fare for a one hour journey of approxima...
January 19, 2017 5:40 PM
The first flight is likely to take off next month under the government's ambitious regional connectivity scheme- UDAN. The scheme UDAN (Ude Desh Ke Aam Naagrik), seeks to boost regional air connectivity and provides various incentives to airlines. The fare for a one hour journey of approxim...
January 19, 2017 2:14 PM
The benchmark BSE Sensex rose by 70 points, to 27,328 in late morning trade today. Continuing the upward trend NSE, Nifty was also trading 16 points up at 8433 a shortwhile ago. Rupee plunged by 17 paise to 68.25 against the US dollar in early trade today.The rupee had ended lower by 13 paise at 68....
January 19, 2017 12:19 PM
The benchmark BSE Sensex rose by 70 points, to 27,328 in late morning trade today. Continuing the upward trend NSE, Nifty was also trading 16 points up at 8433 a shortwhile ago. Rupee plunged by 17 paise to 68.25 against the US dollar in early trade today.The rupee had ended lower by 13 paise at 68....
January 19, 2017 11:40 AM
Rupee plunged by 17 paise to 68.25 against the US dollar in early trade today on increased demand for the American currency from importers. The rupee had ended lower by 13 paise at 68.08 yesterday on renewed dollar demand from importers amid worries over capital outflows.Meanwhile, the benchmark BSE...
January 19, 2017 11:39 AM
Printing of budget documents relating to Union Budget 2017-18 is to start today with Halwa Ceremony. Finance Ministry Arun Jaitley will participate in the Ceremony, marking the beginning of printing of documents which are part of Union Budget. After ceremony, more than 100 officials of the finance M...
January 19, 2017 7:45 AM
RBI Governor Urjit Patel appeared before the Parliamentary Standing Committee on Finance and briefed the panel about government's recent decision to demonetise high value currency.Mr. Patel is believed to have informed the committee, headed by Congress leader Veerappa Moily that 9.2 lakh cr...
January 18, 2017 9:17 PM
US stocks fell, yesterday, with financials, transports and other big post-election gainers losing ground as earnings season kicked into gear. Also weighing on stocks were concerns about protectionist trade policies planned by US President-elect Donald Trump. So the Dow Jones Industrial Average lost ...
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