Centre to set up one incubation centre in Meghalaya

Union Minister of State for Micro Small and Medium Enterprises Giriraj Singh on Saturday said that the Union Government would set up one incubation centre in Meghalaya.Speaking to media persons in Shillong on Saturday, the minister said that the proposed centre would provide skill training to youths...

Pakistan may grant non-discriminatory market access status to India

Pakistan has said that it may grant non-discriminatory market access status to India and the two countries are moving towards sealing a deal to liberalise trade. Pakistan Commerce Minister Khurram Dastgir Khan told media persons in Islamabad that there is an incorrect perception that Most Favoured N...

Country's foreign exchange reserves touch an all time high of over 327 billion US dollar

India's foreign exchange reserves surged by 5.84 billion US Dollars to touch a fresh all-time high of 327.88 billion US Dollars during the week ending January 30. In the previous reporting week, the reserves had declined marginally by 97.9 million dollars to 322.037 billion dollars. The pre...

Forex reserves touch all-time high of $ 327.88 billion

Finance Minister Arun Jaitley hints at more spending cuts

Heavy Industry Ministry seeks continuation of excise duty benefits to auto industry: Geete

The Ministry of Heavy Industries and Public Enterprises wants the restoration of reduced excise duty concession provided to the automobile industry that expired in December last year. Mr. Anant Geete said in New Delhi that his ministry has suggested the continuation of reduced excise rates. He was r...

Rajan pitches for raising tax exemption limit on financial investments

RBI Governor Raghuram Rajan has pitched for increasing the tax exemption limit on financial investments by individuals from Rs 1.5 lakh. Rajan was talking in Mumbai during a conference call with analysts. Acknowledging that there was a Rs 50,000 increase in the limit in the last budget, he said the ...

Finance Minister Arun Jaitley hints at more spending cuts

Finance Minister Arun Jaitley today hinted at more cuts in spending, so as to contain fiscal deficit within limits for the current fiscal. Addressing a gathering of industrialists and planners in Mumbai via video conferencing, he said, the Government does not want to live on borrowed money indefinit...

FMC issues norms for implementing provisions of PML Act

In a bid to prevent money laundering and to combat financing terrorism, the Forward Markets Commission-FMC has issued guidelines for commodity markets.The guidelines, to be implemented with immediate effect, are broadly related to maintaining and monitoring of records of all transactions to help tra...

FMC issues norms for implementing provisions of PML Act

In a bid to prevent money laundering and to combat financing terrorism, the Forward Markets Commission - FMC has issued guidelines for commodity markets. The guidelines, to be implemented with immediate effect, are broadly related to maintaining and monitoring of records of all transactions to help ...