Business

April 15, 2015 12:08 PM

Govt to press ahead 40 thousand crore tax demand on FIIs: Arun Jaitley

Finance Minister Arun Jaitley has said that the government will press ahead with 40,000 crore rupees tax demand on FIIs as they lost a case against levy of tax on capital gains they made. Earlier, the tax authorities had issued notices to about 100 FIIs with a demand to pay around 60,000 crore rupee...

April 15, 2015 7:53 AM

Arun Jaitley to leave for US to attend IMF-World Bank meet

Finance Minister Arun Jaitley is leaving for United States to attend the IMF-World Bank Spring meetings in Washington. RBI Governor Dr Raghuram Rajan and other senior officials of the Finance Ministry and the Reserve Bank will participate in the meeting which is likely to focus on the steps needed t...

April 15, 2015 7:52 AM

Need to manage inflation along with growth rate: Jaitley

Finance Minister Arun Jaitley has said that there is need to manage inflation along with growth rate. Talking to a news channel, he said the government cannot afford to have inflation go up radically, so RBI is bit conservative in managing it and little careful in lowering the interest rates.Refutin...

April 14, 2015 8:42 PM

India to clock 7.5% growth in 2015-16, overtake China: IMF

International Monetary Fund in its latest World Economic Outlook said, that India will overtake China as the fastest growing emerging economy in 2015-16 by clocking a growth rate of 7.5 per cent on the back of recent policy initiatives, pick-up in investments and lower oil prices. IMF said India&amp...

April 14, 2015 7:29 PM

Inflation needed to be managed along with growth rate: Arun Jaitley

Finance Minister Arun Jaitley today said that there is need to manage inflation along with the growth rate. Speaking at programme conducted by a New Delhi based News channel, Mr Jaitley said government can not afford the inflation to go up radically so RBI is a bit conservative in managing it and li...

April 14, 2015 6:00 PM

India's GDP growth rate to reach 8 pc by 2017: World Bank

The World Bank has predicted 8 per cent GDP growth rate of India by 2017 and said that a strong expansion in the country, coupled with favorable oil prices, would accelerate the economic growth in South Asia. The bank in its semi-annual report said, in India, GDP growth is expected to accelerate to ...

April 14, 2015 12:11 PM

India's GDP growth rate to reach 8 pc by 2017: World Bank

The World Bank has predicted 8 per cent GDP growth rate of India by 2017 and said that a strong expansion in the country, coupled with favorable oil prices, would accelerate the economic growth in South Asia. The bank in its semi-annual report said, in India, GDP growth is expected to accelerate to ...

April 14, 2015 9:05 AM

Arun Jaitley to leave for US to attend IMF-World Bank meet

Finance Minister Arun Jaitley is leaving for United States today to attend the IMF-World Bank Spring meetings in Washington. RBI Governor Dr Raghuram Rajan and other senior officials of the Finance Ministry and the Reserve Bank will participate in the meeting which is likely to focus on the steps ne...

April 14, 2015 8:59 AM

SBI cuts home loan interest rate by up to 0.25%

State Bank of India has announced a cut in home loan rate by up to 0.25 per cent. In a statement issued in New Delhi, SBI said, it is higher than the reduction of 0.15 per cent in base rate that came into force on 10th of this month. The bank said the home loan rate stood at 10.1 per cent for women ...

April 14, 2015 8:59 AM

SBI cuts home loan interest rate by up to 0.25%

State Bank of India has announced a cut in home loan rate by up to 0.25 per cent. In a statement issued in New Delhi, SBI said, it is higher than the reduction of 0.15 per cent in base rate that came into force on 10th of this month. The bank said the home loan rate stood at 10.1 per cent for women ...

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