Business

November 22, 2016 11:57 AM

Demonetisation: Sitharaman assures exporters of quick remedial measures

Commerce and Industry Minister Nirmala Sitharaman has assured the exporters that a well compiled report will be taken to finance Ministry so that quick remedial measures can be offered. She was addressing media persons after a meeting in New Delhi yesterday, with the Export Promotion Councils, EPCs ...

November 22, 2016 8:36 AM

Invalid currency collected by various banks between 10th and 18th Nov: RBI

Reserve Bank has informed that invalid currency totalling five lakh forty four thousand, five hundred and seventy one crore rupees has been collected by various banks between 10th and 18th November. In a press release issued from Mumbai, RBI said people have deposited five lakh eleven thousand five ...

November 22, 2016 8:32 AM

RBI dispels rumours of fake Rs 10 coins in circulation

Dispelling rumours of fake 10 rupees coin in circulation, RBI has asked people not to give credence to such canards and continue to accept these coins as legal tender in all their transactions without any hesitation.In a statement RBI said, it has advised members of the public not to give credence t...

November 22, 2016 7:51 AM

APEC leaders vow to keep markets open and fight against protectionism

The leaders of the Asia-Pacific Economic Cooperation have reaffirmed the commitment to keep their markets open and to fight against all forms of protectionism. In a closing statement after meeting of the group at Lima in Peru, they pledged to work towards a sweeping new free trade agreement despite ...

November 22, 2016 7:51 AM

RBI dispels rumours of fake Rs 10 coins in circulation

Dispelling rumours of fake 10 rupees coin in circulation, RBI today asked people not to give credence to such canards and continue to accept these coins as legal tender in all their transactions without any hesitation.In a statement RBI said, it has advised members of the public not to give credence...

November 22, 2016 7:51 AM

RBI issues guidelines on wedding withdrawals

Reserve Bank has said that banks can disburse 2 lakh 50 thousands rupees to members of public who have a wedding in their family on or before December 30, 2016. In a notification, it said that withdrawal can be made by either of the parents or the person getting married and only from those accounts ...

November 21, 2016 10:08 PM

Invalid currency collected by various banks between 10th and 18th Nov: RBI

Reserve Bank has informed that invalid currency totalling five lakh forty four thousand, five hundred and seventy one crore rupees has been collected by various banks between 10th and 18th November. In a press release issued from Mumbai today, RBI said people have deposited five lakh eleven thousand...

November 21, 2016 10:03 PM

RBI issues guidelines on wedding withdrawals

Reserve Bank has said that banks can disburse 2 lakh 50 thousands rupees to members of public who have a wedding in their family on or before December 30, 2016. In a notification, it said that withdrawal can be made by either of the parents or the person getting married and only from those accounts ...

November 21, 2016 9:51 PM

RBI issues guidelines on wedding withdrawals

Reserve Bank has said that banks can disburse 2.5 lakh rupees to members of public who have a wedding in their family on or before December 30, 2016. In a notification, it said that withdrawal can be made by either of the parents or the person getting married and only from those accounts that are fu...

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