Growth can't improve without supply chain reforms: RBI Governor<br/>

Reserve Bank of India Governor Raghuram Rajan has said India cannot expect to accelerate its economic growth to 9% per annum unless it improves its supply chain, to prepare to the increase in demand that a higher growth rate could lead to.He added that besides supply of goods and services, India mus...

Growth can't improve without supply chain reforms: RBI Governor<br/>

Reserve Bank of India Governor Raghuram Rajan has said India cannot expect to accelerate its economic growth to 9% per annum unless it improves its supply chain, to prepare to the increase in demand that a higher growth rate could lead to.He added that besides supply of goods and services, India mus...

Goa CM flags off 85,000 tonnes of 1st Iron Ore vessel of Vedanta

FM to meet FPIs, domestic financial market participants<br/>

Finance Ministry will hold two day interactive meetings with Foreign Portfolio Investors, FPIs and Domestic Financial Market participants to improve the ease of doing business. An official release said, representatives of RBI, SEBI and CBDT among others will attend the meeting to be held in New Delh...

Infosys announces to acquire US based firm Noah Consulting for $70m

IT major Infosys today announced acquisition of US-based oil and gas consulting firm Noah Consulting for 70 million US Dollars (approximately Rs 453.5 crore) in an all-cash deal.Noah Consulting LLC, is a provider of advanced information management consulting service for the oil and gas industry.Info...

FM Arun Jaitley kicks off preparations for Union Budget 2016-17; consults with economists<br/>

Finance minister Arun Jaitley today kicked off preparations for the Union Budget 2016-17 by holding consultation with leading economists from within and outside the government at the National Institution for Transforming India (NITI) Aayog meeting. AIR correspondent reports that the meeting with the...

DoD seeks tax incentives for small investors to invest in the equity market

In a bid to broadbase retail participation in stock markets, the Department of Disinvestment (DoD) has suggested tax incentives for small investors to invest in the equity market. A Tax incentive would attract retail investors to equities of both public and private companies, widen the retail invest...

Forex reserves up USD 2.263 billion to USD 353.069 billion

Govt. asks pensioners to furnish their Life Certificate and relevant details

Government has asked the pensioners to furnish their Life Certificate and relevant details to their respective banks in order to enable the banks to provide them better services. They have been asked to furnish details in prescribed proforma in the month of November every year to their respective ba...

Maggi clears Bombay HC mandated lab tests: Nestle India

Nestle India today said all samples of Maggi have cleared tests conducted by three laboratories, as mandated by Bombay High Court, paving the way for the instant noodles brand to be back in the market after it was banned over the presence of excess lead. The company said it will now commence manufac...