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June 6, 2016 7:18 PM
India has jumped 13 positions from last year to rank second among 30 developing countries this year on ease of doing business. According to 2016 Global Retail Development Index (GRDI), which ranks top 30 developing countries for retail investment worldwide, a pick up in GDP growth and better clarity...
June 6, 2016 7:08 PM
Reserve Bank of India will announce its bi-monthly monetary policy review for the current fiscal tomorrow. With inflation rearing its head again and global crude oil prices inching up, the apex Bank is likely to maintain the status quo on interest rates, say experts. Besides, RBI may wait for the im...
June 6, 2016 7:07 PM
Finance Minister Arun Jaitley has asked the heads of the banks to deal upfrontly with rising Non Performing Assets (NPAs). Mr Jailtey said government is committed to empower banks more to tackle bad loans. Addressing media in New Delhi after chairing a quarterly performance review meeting with the c...
June 6, 2016 5:17 PM
Arbitration proceedings over Rs 29,000 crore tax demand on British explorer Cairn Energy by Income Tax Department has begun. Agency report says that the three-member arbitration panel is headed by Geneva-based arbitrator Laurent Levy. The outcome of the arbitration may take about a year. Our corresp...
June 6, 2016 8:22 AM
Union Labour Minister Bandaru Dattatreya has said that the Employees Provident Fund Organisation (EPFO) is likely to have a surplus of 1,600 crore rupees by the end of this year. Talking to media in Hyderabad, he said that at a time when interest rates in all banks are coming down, the EPFO gave an ...
June 6, 2016 7:34 AM
Oil and Petroleum Minister Dharmendra Pradhan has said, Krishna-Godavari, KG Basin will become the hub of oil and gas reserves in the country in the coming years. Talking to reporters in Hyderabad yesterday, he said, KG Basin is likely to attract new investment of 1 lakh crore rupees. Mr Pradhan sai...
June 6, 2016 7:20 AM
Finance Minister Arun Jaitley will hold a quarterly performance review meeting today with the chief executive officers of Public Sector Banks and Financial Institutions. During the day long meeting in New Delhi, Mr Jaitley will review the overall performance of Public Sector Banks during the last fi...
June 5, 2016 9:53 PM
Finance Minister Arun Jaitley will hold a quarterly performance review meeting on Monday with the chief executive officers of Public Sector Banks (PSBs) and Financial Institutions.During the day long meeting in New Delhi, Mr Jaitley will review the overall performance of PSBs during the last financi...
June 5, 2016 7:48 PM
Finance Minister Arun Jaitley will hold a quarterly performance review meeting on Monday with the chief executive officers of Public Sector Banks (PSBs) and Financial Institutions.During the day long meeting in New Delhi, Mr Jaitley will review the overall performance of PSBs during the last financi...
June 5, 2016 7:47 PM
With crude oil price touching 7-month high of 50 dollars a barrel, Finance Minister Arun Jaitley has said India can handle the current level but higher rates will impact the economy and lead to inflationary pressure.Jaitley, who was in Japan on a six-day visit, told PTI that the government will have...
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