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January 16, 2016 9:11 AM
Oil prices closed below 30 US dollars a barrel for the first time since 2003 in New York trade today, as markets girded for exporter Iran's return after nuclear sanctions are lifted. The New York benchmark, West Texas Intermediate crude for February delivery, finished at 29.42 US dollars a ...
January 16, 2016 7:58 AM
The government has hiked the excise duty on petrol by 75 paise a litre and on diesel by two rupees per litre. Excise duty hike on petrol and diesel to yield additional 3,700 crore rupees to government during remainder of current fiscal. An official in the Finance Ministry said, it will have no impac...
January 16, 2016 7:51 AM
Petrol price has been slashed by 32 paise per litre and diesel by 85 paise. The new rate came into effect midnight Friday night. Petrol will, now, cost 59 rupees 3 paise a litre in Delhi, 64 rupees 87 paise in Kolkata, 66 rupees 9 paise in Mumbai and 59 rupees 45 paise in Chennai.For diesel, the con...
January 15, 2016 1:36 PM
Aadhaar digital ID, is estimated to be saving the government about one billion US dollars annually by curbing corruption. This was stated by World Bank Chief Economist Kaushik Basu during the release of annual world bank report 'Digital Dividends' in Washington yesterday. He said I...
January 15, 2016 12:28 PM
The World Economic Forum, WEF, says climate change and involuntary migration are the two top concerns for global economies in 2016. The WEF's Risks Report comes ahead of world leaders meeting in Switzerland next week for the annual forum in Davos. Almost 750 economic experts have worked on ...
January 15, 2016 7:38 AM
Aadhaar digital ID, is estimated to be saving the government about one billion US dollars annually by curbing corruption. This was stated by World Bank Chief Economist Kaushik Basu during the release of annual world bank report 'Digital Dividends' in Washington yesterday. He said I...
January 15, 2016 7:01 AM
Aadhaar digital ID, is estimated to be saving the government about one billion US dollars annually by curbing corruption. This was stated by World Bank Chief Economist Kaushik Basu during the release of annual world bank report 'Digital Dividends' in Washington yesterday. He said I...
January 15, 2016 6:54 AM
Over 500 kilograms of gold has been mobilised under the gold monetisation scheme. Economic Affairs Secretary Shaktikanta Das gave the information through a tweet yesterday adding that the scheme is picking up. He said the government is committed to making both gold bond and monetisation scheme succe...
January 15, 2016 6:49 AM
The second tranche of sovereign gold bond scheme, which is aimed at reducing demand for physical gold, will open for five days next week. The Finance Ministry said the scheme will be available for public subscription from 18th to 22nd January. The first tranche of the scheme, which was launched in N...
January 15, 2016 6:48 AM
The Reserve Bank (RBI) has clarified that use of Aadhaar cards is not mandatory for Direct Benefit Transfer (DBT) Scheme. In a communication to banks, RBI said in view of the Supreme Court's interim orders on 11th August and 15th October last year on usage of Aadhaar, it is clarified that u...
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