Growth can surpass 7.5% if monsoon forecast comes true: FM

Union Finance Minister Arun Jaitley has said India may grow faster than 7.5 per cent growth rate which it recorded last year if predictions of above-average monsoon rainfall come true. Mr Jaitley, on the first day of his 7-day visit to the US, said, the Indian economy registered 7.5 per cent growth ...

India keen to resume FTA talks with EU: Nirmala Sitharaman

Commerce and Industry Minister Nirmala Sitharaman today said that India is keen on resuming long-stalled talks for trade pact with the European Union. Talking to reporters in New Delhi, the Minister said, she has approached 28-nation bloc for a meeting of chief negotiators of the two sides on the is...

7.5% growth not enough for India's requirement: Jaitley

Union Finance Minister Arun Jaitley has said that India's current growth rate of 7.5 per cent is not enough as per its own requirement standard and the country has the potential to do better. He said this yesterday at the Carnegie Endowment for International Peace, a global American think-t...

ED seeks revocation of Vijay Mallya's Passport

Enforcement Directorate has sought revocation of Vijay Mallya's passport in connection with money laundering probe in the 900 crore rupees IDBI bank loan fraud case. Sources said the ED has written to External Affairs Ministry to take action against the businessman under the Passport Act an...

SC dismisses plea challenging SEBI rules

The Supreme Court dismissed as infructous a plea challenging the Finance Minister's power to nominate two members in the selection board for appointment of the Securities and Exchange Board of India, SEBI Chairman and its full-time members. The apex court passed the order after Attorney Gen...

India world's largest remittance recipient in 2015: World Bank

India remained the world's largest remittance recipient in 2015 despite experiencing a one billion US dollar drop from the previous year. In its annual report Migration and Development Brief, World Bank said, India retained its top spot in 2015, attracting about 69 billion US dollars in rem...

SC dismisses plea challenging SEBI rules

The Supreme Court today dismissed as infructous a plea challenging the Finance Minister's power to nominate two members in the selection board for appointment of the Securities and Exchange Board of India, SEBI Chairman and its full-time members. The apex court passed the order after Attorn...

Interest rates for NSSF loan to Centre, states cut to 8.8%

ED seeks revocation of Vijay Mallya's Passport

Enforcement Directorate has sought revocation of Vijay Mallya's passport in connection with money laundering probe in the 900 crore rupees IDBI bank loan fraud case. Sources said the ED has written to External Affairs Ministry to take action against the businessman under the Passport Act an...

Sensex surges over 450 points in afternoon trade

Stock markets surged across Asia, today. At home, the Sensex at the Bombay Stock Exchange opened strong, and after gaining further ground, had spurted 457 points, to 25,603 in afternoon trade. In early deals, the Sensex had jumped 372 points. Similarly, the Nifty at the National Stock Exchange had p...