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December 17, 2015 11:40 AM
Finance Ministry today said India is well prepared to deal with the impact of the US Federal Reserve interest rate hike. Economic Affairs Secretary Shaktikanta Das tweeted that the end of uncertainties will actually help policy makers in emerging economies. He said the rate hike and reference to gra...
December 17, 2015 7:54 AM
Finance Minister Arun Jaitley said, India will reach its highest potential and no one has the right to stall development of the country. Speaking in an interactive session on GST in India in New Delhi, Mr Jaitley said, in order to pass the GST Members of Parliament must allow the India's Pa...
December 17, 2015 7:53 AM
The Finance ministry said a host of factors including the reform measures taken by the government and decline in global oil and commodity prices have led to lower inflation. In a statement, the ministry said the vigilant monetary policy stance by the RBI and adoption of a Monetary Policy Framework a...
December 17, 2015 7:49 AM
At least four Indians have figured in the list of 2,600 unclaimed bank accounts made public by Switzerland yesterday. The total holding in these accounts is estimated at about 44 million Swiss franc, nearly 300 crore rupees. However, the specific figure for the accounts of people from India was not ...
December 17, 2015 7:28 AM
The Supreme Court has held that RBI should take rigid action against those banks and financial institutions which have been indulging in disreputable business practices. A bench comprising Justices MY Eqbal and C Nagappan said, the central bank cannot withhold information on defaulters and other iss...
December 17, 2015 7:08 AM
The US Federal Reserve has raised interest rates by 0.25 percent, its first increase since 2006. This was announced yesterday after a two-day policy meeting between officials with stocks rallying in early trading in Europe and the US. The rate, which stands at 0.5 percent after the increase, was kep...
December 17, 2015 7:02 AM
The US Federal Reserve has raised interest rates by 0.25 percent, its first increase since 2006. This was announced yesterday after a two-day policy meeting between officials with stocks rallying in early trading in Europe and the US. The rate, which stands at 0.5 percent after the increase, was kep...
December 16, 2015 7:05 PM
Finance Minister Arun Jaitley today said, India will reach its highest potential and no one has the right to stall development of the country. Speaking in an interactive session on GST in India in New Delhi, Mr Jaitley said, in order to pass the GST Members of Parliament must allow the India&apo...
December 16, 2015 7:02 PM
Government has hiked the excise duty on petrol by 30 paise a litre and diesel by 1 rupee 17 paise per litre. It will mop up an additional revenue of Rs 2,500 crore to meet budgetary targets. Petrol price was cut by 50 paise and diesel by 46 paise a litre by oil marketing companies.Oil prices, which ...
December 16, 2015 7:01 PM
Petrol price has been cut by 50 paise and diesel by 46 paise a litre. The new Price came into effect midnight last night. Indian Oil Corporation said, petrol will now cost 59 rupees 98 paise a litre, while diesel will cost 46 rupees 9 paise a litre in Delhi.This is the second cut in prices of petrol...
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