India decides to buy 36 multi-role Combat Rafale Aircraft in a flyaway condition from France

India's first IFSC becomes operational at GIFT City in Gujarat

India's first International Financial Services Centre, IFSC, has became operational at GIFT City in Gandhinagar, Gujarat. Finance Minister Arun Jaitley unveiled the rules and regulations for this global financial hub at a special ceremony organized at Mahatma Mandir in Gandhinagar Friday ev...

Centre asks bankers and insurance companies to settle claims of farmers urgently

The Centre has asked bankers to restructure crop loans and insurance companies to settle the claims of farmers urgently. The Home Ministry has also written to states to keep 10 per cent of State Disaster Response Fund reserved for local disasters such as heavy rain, which are to be declared at par w...

India decides to buy 36 multi-roles Combat Rafale Aircraft in a flyaway condition from France

PM Narendra Modi assure foreign investors of stable policy regime, transparency, decision-making and work culture

Prime Minister Narendra Modi has assured the foreign investors of stable policy regime, transparency, decision-making and work culture comparable to developed countries. Mr Modi was addressing the business leaders of the two countries in Paris Friday evening who met under the aegis of India-France C...

RBI proposes tough guidelines regarding outsourcing of work by NBFCs

India is a country moving from developing to a middle-income economy: RBI Governor

RBI Governor Raghuram Rajan has said that India is a country moving from developing to a middle-income economy and is in the beginning of another period of sustained growth. He said, it is an exciting time for the country and the youth will not have a problem finding jobs. Dr Rajan was delivering th...

Industrial production grows at 5% in February

Industrial production grew at nine-month high of 5 per cent in February on improved mining and manufacturing activity coupled with larger off take of capital goods. The factory output, as measured by the Index of Industrial Production (IIP), had declined by 2 per cent in February last year. As per t...

TRAI reduces ceiling tariffs for national roaming service

The Telecom Regulatory Authority of India has reduced ceiling tariffs for national roaming service from first of May and directed telecom companies to offer special roaming tariff plan from the same date. According to the reduced tariff, outgoing local voice call on roaming will cost 80 paise per mi...

Exports from Indore SEZ touches Rs 3 thousand 919 cr