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August 20, 2016 8:34 AM
Oil minister Dharmendra Pradhan Friday distributed around 3,000 free LPG stoves under the free cooking gas scheme titled the Ujjwala Yojana in Mumbai. Launching the scheme with distributing free cooking gas connection with a stove, lighter and a cylinder trolley, costing a little over 6,000 rupees p...
August 19, 2016 8:49 PM
India's foreign exchange reserves surged by USD 73.2 million to touch a life-time high of USD 365.82 billion in the week ended 12th August. A RBI press release has informed that foreign currency assets, a major part of the overall reserves increased by USD 81.6 million to USD 340.36 billion...
August 19, 2016 8:23 PM
India's foreign exchange reserves surged by USD 73.2 million to touch a life-time high of USD 365.82 billion in the week ended 12th August. A RBI press release has informed that foreign currency assets, a major part of the overall reserves increased by USD 81.6 million to USD 340.36 billion...
August 19, 2016 2:21 PM
State Bank of India board has approved merger of its five associate banks and Bharatiya Mahila Bank with itself to create a global-sized bank with assets worth over Rs 37 lakh crore. The board also finalised the share swap ratio for three of the listed subsidiaries and Bharatiya Mahila Bank.The coun...
August 19, 2016 2:05 PM
India has jumped 15 spots to become 2nd most innovative middle income economy in world. This was revealed in the latest report of Global Innovation Index report released by Commerce and Industry Minister Nirmala Sitharaman in new Delhi today. Now, it has moved to 66th rank from 81 in 2015.
August 19, 2016 11:49 AM
The rupee weakened 15 paise to 66.96 against the US dollar in early trade at the Interbank Foreign Exchange today following increased demand for the American currency from banks and importers.The rupee had lost 5 paise to end at 66.81 per dollar yesterday on fresh demand from banks and importers for...
August 19, 2016 7:31 AM
State Bank of India board has approved merger of its five associate banks and Bharatiya Mahila Bank with itself to create a global-sized bank with assets worth over Rs 37 lakh crore. The board also finalised the share swap ratio for three of the listed subsidiaries and Bharatiya Mahila Bank.The coun...
August 18, 2016 7:30 PM
Brent crude oil futures traded above 50 dollars a barrel for the first time in six weeks, today, as the world's biggest producers prepare to discuss a possible freeze in output levels.Brent hit a high of 50.05 dollars a barrel, before easing back to around 49.75 dollars as barrel, down 10 c...
August 18, 2016 6:15 PM
Revenue Secretary Hasmukh Adhia has begun meeting various stakeholders including representatives of telecom, banking and oil and gas sectors to understand their concerns regarding Goods and Services Tax, GST. The aim of such meetings is to ensure smooth roll out of the new tax regime.A finance minis...
August 18, 2016 6:14 PM
Merger and acquisition deals worth 4 billion were announced in July, thanks to a significant surge in domestic and inbound deal activity.This takes the year-to-date deal tally to 19.9 billion dollars. According to assurance, tax and advisory firm, Grant Thornton's latest Dealtracker report,...
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