Business

September 23, 2015 4:35 PM

RBI to put into circulation Rs 500 & 1000 notes with revised features

In its continuing effort to curb the menace of fake notes, RBI has said that it will shortly put into circulation banknotes in the denominations of 500 rupees and 1000 rupees incorporating three new/revised features. These revised features will be ascending size of numerals in the number panels, int...

September 23, 2015 7:51 AM

Asian stocks fall as global growth worries stung Wall Street

Asian stocks fell today as global growth worries stung Wall Street, sending investors scampering to the relative safety of the yen and government debt. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 percent, with Australia down 1.3 percent and South Korea falling 0.8...

September 22, 2015 11:05 PM

Taxman to go after black money hoarders post Sept 30 deadline

All consequences of law will follow and the taxman will go after black money hoarders who do not declare their illegal funds before the expiry of a one-time 90-day compliance window on September 30th.The Central Board of Direct Taxes(CBDT), the apex policy-making body of the Income Tax department, a...

September 22, 2015 8:06 PM

SEBI fines PACL Rs 7,269 cr for illegal raising of funds

In its biggest ever fine, regulator Sebi today imposed a penalty of Rs 7,269.5 crore on PACL Ltd. and its four directors for illegal and fraudulent mobilisation of funds from the public, saying the company deserves maximum penalty for such large-scale duping of the common man.The penalty follows ano...

September 22, 2015 6:03 PM

ADB lowers India's growth forecast for 2015-16 to 7.4%

The Asian Development Bank has lowered its GDP growth forecast for India to 7.4 percent for the current fiscal, from the earlier 7.8 per cent.The ADB cited a weak monsoon, poor external demand, and concerns over economic reforms for the revised projections. While the ADB, in its update on Asian Deve...

September 22, 2015 3:58 PM

Govt confident of new GST regime to roll out from next fiscal: FM

Finance Minister Arun Jaitley hoped that economic growth will be higher than 7.3 per cent, recorded last year. He said all macroeconomic parameters appear positive. Addressing global fund managers and institutional investors in Hong Kong on the last day of his four-day visit to Singapore and Hong Ko...

September 22, 2015 3:57 PM

Jaitley favours cut in interest rates to boost economic growth

Days before Reserve Bank Governor Raghuram Rajan unveils his bi-monthly monetary policy, Finance Minister Arun Jaitley asserted that common sense says the interest rates should come down. Jaitley said inflation is very much under control and the country is better prepared than most emerging economie...

September 21, 2015 8:37 PM

Jaitley favours cut in interest rates to boost economic growth

Days before Reserve Bank Governor Raghuram Rajan unveils his bi-monthly monetary policy, Finance Minister Arun Jaitley today asserted that common sense says the interest rates should come down. Jaitley said inflation is very much under control and the country is better prepared than most emerging ec...

September 21, 2015 7:27 PM

Common sense says interest rates should come down: Jaitley

Days before Reserve Bank Governor Raghuram Rajan unveils his bi-monthly monetary policy, Finance Minister Arun Jaitley today asserted that common sense says the interest rates should come down. Jaitley said inflation is very much under control and the country is better prepared than most emerging ec...

Most Read

View All arrow-right

No posts found.