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August 5, 2016 8:17 AM
To curb illegal and unauthorized pooling of funds by deceitful firms, Reserve Bank of India has launched a website to help people obtain information about entities allowed to collect deposits. Speaking at the launch of the portal, sachet.rbi.org.in, RBI Governor Raghuram Rajan said that initiating q...
August 4, 2016 9:15 PM
The Bank of England has cut interest rates from 0.5% to 0.25%, a record low and the first since 2009. The Bank said the interest rates could go further lower, if the economy worsens.It announced a range of measures to stimulate the UK economy. Governor Mark Carney said, the decision to cut interest ...
August 4, 2016 9:06 PM
The Reserve Bank of India today relaxed cheque-book norms leaving it to the lender's discretion on whether to issue fresh cheque-books or not in cases of dishonour of 1 crore rupees and above.RBI said in a notification issued today that banks should put in place an appropriate policy approv...
August 4, 2016 9:04 PM
The Reserve Bank of India today relaxed cheque-book norms leaving it to the lender's discretion on whether to issue fresh cheque-books or not in cases of dishonour of 1 crore rupees and above.RBI said in a notification issued today that banks should put in place an appropriate policy approv...
August 4, 2016 1:13 PM
The Cabinet Committee on Economic Affairs (CCEA) has approved a new formula to calculate production subsidy to sugar mills for the ongoing 2015-16 season after taking into account lower sugar production and exports.To address liquidity stress in the sugar industry and facilitate timely payment of ca...
August 4, 2016 1:12 PM
The Cabinet Committee on Economic Affairs (CCEA) has approved a new formula to calculate production subsidy to sugar mills for the ongoing 2015-16 season after taking into account lower sugar production and exports.To address liquidity stress in the sugar industry and facilitate timely payment of ca...
August 4, 2016 8:40 AM
The Centre has decided to import further 30,000 tonne pulses for the buffer stock. Of this, 20 thousand tonne will be Tur and 10 thousand Urad. The decision was taken in a meeting of Price Stabilization Fund chaired by Consumer Affairs Secretary Hem Pande in New Delhi yesterday. The procurement of p...
August 4, 2016 8:30 AM
The US-India Business Council has termed the passage of the GST Bill as a "game-changer", saying it is a significant milestone in efforts to improve the country's ranking in World Bank's ease of doing business index. The Council in an official statement said that ...
August 3, 2016 1:58 PM
After a weak opening, the Sensex at the Bombay Stock Exchange lost considerably more ground, and had declined 257 points, or 0.9 percent, to 27,725 in afternoon trade. Similarly, the Nifty at the National Stock Exchange had dropped 57 points, to 8,566. Other key Asian markets in Japan, Hong Kong, So...
August 2, 2016 1:13 PM
US stocks again ended mixed yesterday as the price of oil continued to nosedive thanks to the strong dollar. Energy companies took the biggest losses as US crude hovered around 40 dollars a barrel, its lowest price in almost four months. The Dow Jones industrial average declined 28 points to close a...
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Last Updated: 10th May 2026
