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September 17, 2015 7:47 AM
Organisation for Economic Cooperation and Development, OECD has said that India is projected to grow at a slightly lower pace than expected earlier at 7.2 per cent this fiscal. Releasing its interim economic outlook report yesterday, OECD, however said the country is expected to be the fastest-growi...
September 17, 2015 7:42 AM
The Reserve Bank of India has allowed banks to grant certain loans to their CEOs and Directors by doing away with the prior approval requirement. In a notification issued in Mumbai yesterday, the RBI said banks can give loans to CEOs and Whole Time Directors for purchasing of car, personal computer,...
September 17, 2015 7:12 AM
The Centre has came out with details of the twin gold schemes aimed at reducing the demand for physical gold and said that interest rate on the schemes would be decided in consultation with the RBI. The twin schemes Gold Monetisation Scheme (GMS) and Gold Bond Scheme was approved by the Cabinet last...
September 17, 2015 7:11 AM
Seeking to promote financial inclusion, the RBI has granted approval to 10 entities, in principle, to set up small finance banks to provide basic banking services to small farmers and micro industries. The approval granted yesterday includes Ujjivan Financial Services and Equitas Holdings. The appro...
September 16, 2015 8:15 PM
Organisation for Economic Cooperation and Development OECD has said that India is projected to grow at a slightly lower pace than expected earlier at 7.2 per cent this fiscal. Releasing its interim economic outlook report today, OECD, however said the country is expected to be the fastest-growing ma...
September 16, 2015 12:35 PM
The index of mineral production of mining and quarrying sector for the month of July 2015 at 117.7, was 1.3% higher as compared to July 2014. The total value of mineral production in the country during July 2015 was around 17,500 crore rupees. The contribution of coal was the highest at 6,045 crore ...
September 16, 2015 12:33 PM
US stocks ended with strong gains, yesterday, with the main indexes scored their third winning session in the last four. Some attributed the sharp gains to hopes that the Federal Reserve may to delay interest-rate hikes at its two-day policy meeting which begins today. So the Dow Jones Industrial Av...
September 16, 2015 10:34 AM
Capital markets regulator Securities and Exchange Board of India, SEBI, has decided to conduct a nation-wide investor survey to understand investment habits of individuals and households in different parts of the country.The regulator has commissioned the survey to Nielsen India Pvt Ltd, which would...
September 16, 2015 7:13 AM
Maharashtra government has ordered review of alleged financial mismanagement of all 30 District Central Cooperative, DCC banks during the last 15 years. It has also sought to fix responsibility over the financial losses incurred by them. At a meeting with Agriculture and Cooperative Secretary in Mum...
September 15, 2015 12:40 PM
Capital markets regulator Securities and Exchange Board of India, SEBI, has decided to conduct a nation-wide investor survey to understand investment habits of individuals and households in different parts of the country.The regulator has commissioned the survey to NielsenIndia Pvt Ltd, which would ...
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Last Updated: 9th Jun 2026
