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September 2, 2015 2:09 PM
Chief Economic Advisor Arvind Subramanian has said the price deflation is the real challenge looming ahead. He however said the overall economic growth is in the right direction and fixed capital formation has shown signs of improvement. Talking to reporters in New Delhi, Mr Subramanian said underly...
September 2, 2015 12:53 PM
The Cabinet today approved Marginal Fields Policy, MFP, for the development of hydrocarbon discoveries by national oil companies like Oil and Natural Gas Corporation and Oil India. Under new Policy, 69 unexploited oil fields held by ONGC and Oil India for many years, will be opened for competitive b...
September 2, 2015 12:48 PM
The Cabinet today approved Marginal Fields Policy, MFP, for the development of hydrocarbon discoveries by national oil companies like Oil and Natural Gas Corporation and Oil India. Under new Policy, 69 unexploited oil fields held by ONGC and Oil India for many years, will be opened for competitive b...
September 2, 2015 9:09 AM
Canada has fallen into a recession, dragged down by falling energy prices and economic troubles in China. Canada's national statistical agency, Statistics Canada Tuesday reported that the Canadian economy retreated at an annual pace of 0.5 per cent from April through June after sliding 0.8 ...
September 2, 2015 9:01 AM
In US, ten voting members of the Federal Reserve Board have the power to influence the global economy. The Fed will vote this month on whether to raise interest rates. The Fed rate is an interest rate that is used solely among American banks. But a rate increase could also mean a stronger dollar. It...
September 2, 2015 9:00 AM
World stock markets plunged further Tuesday as more gloomy evidence emerged of China's economic slowdown, triggering heavy sell offs from Hong Kong to New York and raising fears of weakening global growth. Wall Street fell sharply, with the Dow Jones closing down 468 points, or 2.8 per cent...
September 2, 2015 8:51 AM
US-India Business Council (USIBC) has praised Indian government's ruling on Minimum Alternative Tax, MAT, and said that the tax certainty will promote long-term investments in India. USIBC President Mukesh Aghi said the announcement demonstrates the Government of India's commitment...
September 2, 2015 8:30 AM
Ministry of Railways has launched a paperless unreserved ticketing mobile application for the passengers travelling from New Delhi to Palwal Section. Now the passengers can buy unreserved tickets through their smart phones and need not visit Stations to purchase tickets. Besides, the Railways has al...
September 2, 2015 7:50 AM
US Ambassador to India Richard R Verma said that the both the US and India have made great progress in two-way trade and investment and stressed to carry out it further. Talking to media persons in Guwahati Tuesday night, he said that the US President Barack Obama has set the goal to increase invest...
September 1, 2015 8:56 PM
The government today accepted the Justice AP Shah committee report on the Minimum Alternative Tax, MAT on foreign institutional investors,FIIs. Addressing a press conference in New Delhi Finance Minister Arun Jaitley said government will not impose levy on FIIs prior to 1st April 2015. He said that ...
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