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June 1, 2016 8:31 PM
Organisation for Economic Co-operation and Development, OECD, has said that India is projected to see a growth of around 7.5 per cent in the current fiscal even as the world economic growth is stuck in a low-growth trap.OECD Secretary-General Angel Gurria said Weak trade growth, sluggish investment,...
June 1, 2016 8:19 PM
Union Power Minister Piyush Goyal today said that India continues to be an oasis of economic growth and stability in the world and has retained its status as the fastest growing economy in the world with 7.9 per cent growth rate. Mr Goyal was speaking at a press conference held in Mumbai today. He s...
June 1, 2016 6:25 PM
Iran has claimed that rising of its oil exports has no negative impact on the markets. Iranian oil minister Bijan Zanganeh, before leaving for an OPEC meeting in Vienna today said, markets have absorbed its doubling of oil exports following the lifting of international sanctions. Iranian oil product...
June 1, 2016 1:58 PM
Government says it has achieved the fiscal deficit target of 3.9 per cent of the GDP in 2015-16 and India continues to remain a bright spot in the world economy with solid macroeconomic parameters. The Finance Ministry said the deficit figure released by the Controller General of Accounts indicates ...
June 1, 2016 1:35 PM
The price of Aviation turbine fuel, ATF, was today hiked by 9.2 per cent. Announcing this, oil companies said that the increase in rates is on global cues. In the fourth straight monthly increase, ATF price in Delhi has been increased by 3,945 rupees and 47 paisa per kilolitre to 46,729 rupees 48 pa...
June 1, 2016 1:31 PM
Petrol price has been hiked by 2 rupees and 58 paise a litre and diesel by 2 rupees and 26 paise per litre. The new rates came into effect midnight last night. Petrol will now cost 65 rupees 60 paise per litre in Delhi after the increase while diesel will cost 53 rupees 93 paise per litre. The last ...
June 1, 2016 1:30 PM
The Income Declaration Scheme will open today and will remain in force till 30th of September. The Scheme is part of Finance Act, 2016 and seeks to provide an opportunity to all persons who have not declared their income correctly in previous years to come forward and declare undisclosed incomes. AI...
June 1, 2016 1:10 PM
The New Development Bank of the BRICS countries is set to issue its first yuan-denominated bonds with plans to release more bonds in local currencies including in Indian Rupee. The Shanghai-based bank founded by Brazil, Russia, India, China and South Africa (BRICS) and headed by eminent Indian banke...
June 1, 2016 12:26 PM
The price of Aviation turbine fuel, ATF, was today hiked by 9.2 per cent. Announcing this, oil companies said that the increase in rates is on global cues. In the fourth straight monthly increase, ATF price in Delhi has been increased by 3,945 rupees and 47 paisa per kilolitre to 46,729 rupees 48 pa...
June 1, 2016 9:13 AM
Finance Minister Arun Jaitley said, Indian economy is treading the upward curve in its growth trajectory and investors wanting higher returns should park funds in infrastructure and manufacturing sector. Speaking at a meeting organised by Japan-India Business Cooperation Committee, Mr. Jaitley said,...
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