Business

October 6, 2016 10:21 AM

Finance Ministry sets up Public Debt Management Cell

The Union Finance Ministry has set up a Public Debt Management Cell (PDMC) to streamline government borrowings and better cash management with the overall objective of deepening bond markets. The PDMC, to be housed at RBI's Delhi office, is an interim arrangement and will be upgraded to a s...

October 6, 2016 10:19 AM

Replacement Samsung Galaxy Note 7 catches fire on Southwest plane

A replacement Samsung Galaxy Note 7 device, deemed safe by the firm, has reportedly caught fire on a Southwest Airlines plane. The airline confirmed one of its planes, due to fly from Louisville, Kentucky to Baltimore, Maryland, was evacuated before take-off yesterday. The Note 7 was subject to a ma...

October 6, 2016 7:04 AM

Annual India Economic Summit to begin today

The annual India Economic Summit will begin in New Delhi today. Commerce and Industry Minister Nirmala Sitharaman will open the two-day meet which will focus on issues like digital transformation and regional economic integration. The inaugural session will be attended by Sri Lankan Prime Minister R...

October 5, 2016 8:59 PM

Govt closely monitoring prices of sugar, pulses and edible oils

Government is keeping a close watch on prices of sugar, pulses and edible oils to check hoarding and ensure adequate availability in the market during the festival season. Talking to reporters in New Delhi, Food Minister Ram Vilas Paswan today said, Centre has been constantly monitoring and taking a...

October 5, 2016 7:46 PM

FinMin sets up debt management cell; to become PDMA in 2 yrs

Union Finance Ministry has set up a Public Debt Management Cell (PDMC) to streamline government borrowings and better cash management with the overall objective of deepening bond markets.The PDMC, to be housed at the RBI's Delhi office, is an interim arrangement and will be upgraded to a st...

October 5, 2016 4:54 PM

Petrol price hiked by 14 paise, diesel by 10 paise per litre

The prices of petrol and diesel have been marginally increased. Petrol price has been increased by 14 paise a litre while Diesel ?price increased by 10 paise per litre including state levies. The increase has been attributed to increase in Dealer Commission on Petrol and Diesel.

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