Rajasthan ranked 6th among best state for business in India

Govt invites proposals from consultants for promoting start-ups

Commerce and Industry Ministry has invited proposals from consultants for developing a framework for promoting start-ups in the country.The Department of Industrial Policy and Promotion (DIPP) has said the government wants to create an environment which will enable individuals and smaller companies,...

Govt notifies 20% provisional safeguard duty on certain categories of steel

The government has notified a 20 per cent provisional safeguard duty on certain categories of the steel to protect the domestic steel sector that is grappling with problems of low demand. Talking to reporters in New Delhi, Finance Minister Arun Jaitley said, the provisional safeguard duty on steel w...

RBI cancels registration certificate of Sahara India Financial Corporation as NBFC

Reserve Bank has cancelled the certificate of registration of the Sahara India Financial Corporation as Non-bank financial company, NBFC.In a statement on Monday, RBI said that the registration of the Lucknow-headquartered NBFC stands cancelled with effect from 3rd of September.It said, following th...

RBI cancels Sahara's NBFC licence

Reserve Bank has cancelled the certificate of registration of the Sahara India Financial Corporation as Non-bank financial company, NBFC. In a statement yesterday, RBI said that the registration of the Lucknow-headquartered NBFC stands cancelled with effect from 3rd of September. It said, following ...

WPI inflation falls to 4.95 % in Aug

A deflationary trend continued for the tenth month in a row, as inflation fell to minus 4.95 per cent in August, due to cheaper fuel and vegetables. Wholesale Price Index-based inflation had stood at minus 4.05 per cent in July this year, and 3.85 per cent in August last year. But onions and pulses ...

WPI inflation falls to 4.95 % in Aug

A deflationary trend continued for the tenth month in a row, as inflation fell to minus 4.95 per cent in August, due to cheaper fuel and vegetables. Wholesale Price Index-based inflation had stood at minus 4.05 per cent in July this year, and 3.85 per cent in August last year. But onions and pulses ...

WPI inflation falls to 4.95 % in Aug<br/>

The Wholesale Price Index (WPI) inflation fell for the tenth straight month, plunging to a historic low of minus 4.95 percent in August on cheaper fuel and vegetables.The WPI inflation was minus 4.05 per cent in July. It has been in the negative zone since November 2014.As per official data released...

India, US to increase bilateral trade to 500 billion dollar: FM

Finance Minister Arun Jaitley today invited US businesses to take advantage of the huge investment opportunity in the infrastructure sector in India and raise bilateral trade to 500 billion US dollars.Presently, the trade between the two countries stands at 100 billion dollars.Addressing the 11th In...

MoS Finance Sinha emphasizes on making Indian exports more competitive

Making a case for lowering of interest rates, Minister of State for Finance Jayant Sinha has said RBI should take into account various factors, including low inflation, while deciding on monetary policy stance.In an interview to PTI, Sinha also stressed on the need to make the Indian exports more co...