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June 16, 2016 9:05 AM
Diesel price has been hiked by one rupee 26 paise a litre and Petrol by just 5 paise including the VAT. The new rates came into effect last midnight. With this, diesel will cost 55 rupees 19 paise in Delhi, 57 rupees 39 paise in Kolkata, 60 rupees 55 paise in Mumbai and 56 rupees 78 paise in Chennai...
June 15, 2016 4:24 PM
In US, a new credit card issued by the Florida-based Stonegate Bank and available today will allow Americans to avoid the Cuban 10-percent penalty on the dollar. US citizens traveling to Havana can now do so without exchanging dollars, at a 10-percent fee, into the Cuban peso. Stonegate, the first U...
June 15, 2016 8:28 AM
After an upward swing in May inflation, RBI Deputy Governor S S Mundra has said, the central bank will continue to monitor data and slash rates only if there is a decline in the number. He told reporters in Mumbai that all the data points will be taken into account. Rising for the second month in a ...
June 15, 2016 7:19 AM
In US, a new credit card issued by the Florida-based Stonegate Bank and available today will allow Americans to avoid the Cuban 10-percent penalty on the dollar. US citizens traveling to Havana can now do so without exchanging dollars, at a 10-percent fee, into the Cuban peso. Stonegate, the first U...
June 14, 2016 7:37 PM
The wholesale price-based inflation rate rose to 0.79 percent in May this year, due to a double-digit increase in vegetable prices. WPI inflation had stood at 0.34 per cent in April this year, and at minus 2.2 percent in May last year. Government data showed that wholesale food inflation rose to 7.8...
June 14, 2016 2:04 PM
Rising for the second straight month, wholesale price-based inflation jumped to 0.79 per cent in May with vegetable prices witnessing a double-digit growth. The April WPI-based inflation was at 0.34 per cent and in March it was (-)0.45 per cent .Government data today showed food inflation rose to 7....
June 14, 2016 8:00 AM
After an upward swing in May inflation, RBI Deputy Governor S S Mundra has said, the central bank will continue to monitor data and slash rates only if there is a decline in the number. He told reporters in Mumbai yesterday that all the data points will be taken into account. Rising for the second m...
June 14, 2016 8:00 AM
RBI has come out with a scheme for resolution of bad loans of large projects wherein a portion of the debt will be converted into equity or other instruments under supervision of Indian Banks Association, IBA's Overseeing Committee. In a statement, it said, the Scheme for Sustainable Struct...
June 13, 2016 10:21 PM
The two day meeting of the committee on GST consisting of the finance ministers of all the states will commence from tomorrow in Kolkata in the presence of Union Finance Minister Mr. Arun Jaitley. - Government sources said the Finance minister of West Bengal Mr. Amit Mitra will preside over the meet...
June 13, 2016 8:27 PM
Employees Provident Fund Organisation may soon allow its subscribers to contribute voluntarily towards its pension scheme in addition to their employers' mandatory contributions. EPFO's Central Provident Fund Commissioner V P Joy said today that the organisation is considering a pr...
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