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January 28, 2015 8:42 PM
Packaging of food grains and sugar in jute material will be mandatory. It will be minimum of 90 per cent of production in case of food grains and 20 per cent for sugar. The decision was taken by the Cabinet Committee on Economic Affairs, CCEA. The decision will help the jute sector which generates a...
January 28, 2015 1:54 PM
Textiles Minister Santosh Kumar Gangwar today said world class products will be manufactured in India by skilled workforce with zero defect under Make in India initiative. The Minister said this while inaugurating the Tex-Trends India Fair in New Delhi. He said skilling India has been upscaled and s...
January 27, 2015 1:49 PM
Finance Minister Arun Jaitley today said that India needs investor-friendly tax administration to get more foreign investment. Referring to Prime Minister Narendra Modi and Barack Obama's meeting with Indo-US business heads last evening where tax issues came at the fore, Finance Minister sa...
January 27, 2015 7:28 AM
Oil prices fell to fresh six year low in New York trade yesterday despite a warning from OPEC that prices could surge to 200 US dollars owing to a shrinking investment in exploration. But prices were volatile in a market skittish about the election of a new leftist, anti-austerity government in Gree...
January 26, 2015 2:05 PM
Switzerland's gold exports to India have crossed 1.2 lakh crore rupees in 2014. According to Swiss government, gold worth 17.1 billion Swiss Francs or an over 1.2 lakh crore rupees have been imported during the 11-month period, from January to November end in 2014.More than 457 kilograms of...
January 26, 2015 1:36 PM
Reserve Bank of India (RBI) has lifted a ban on carrying Indian bank notes of Rs 1,000 and 500 denominations to and from Nepal.RBI issued a circular eased the restriction on export and import of bank notes of 1,000 and 500 denominations for Nepal and Bhutan that it had imposed since May, 2000. The I...
January 26, 2015 1:36 PM
India's foreign exchange reserves touched an all time high of 322.135 billion US Dollars for the week ended January 16. RBI data shows that the reserves jumped by 2.66 billion US Dollars to reach 322.135 billion dollars during the week. Strong FII inflows and reduction in import burden due ...
January 26, 2015 1:36 PM
Switzerland's gold exports to India have crossed 1.2 lakh crore rupees in 2014. According to Swiss government, gold worth 17.1 billion Swiss Francs or an over 1.2 lakh crore rupees have been imported during the 11-month period, from January to November end in 2014.More than 457 kilograms of...
January 26, 2015 11:19 AM
Overseas investors have pumped in a staggering over 21,000 crore rupees in Indian capital markets since the beginning of the month owing to easing inflation and rate cut by Reserve Bank of India. Central Depository Services Limited said that Foreign Institutional Investors have bought shares worth 5...
January 24, 2015 9:05 PM
Reserve Bank of India (RBI) has lifted a ban on carrying Indian bank notes of Rs 1,000 and 500 denominations to and from Nepal.RBI issued a circular eased the restriction on export and import of bank notes of 1,000 and 500 denominations for Nepal and Bhutan that it had imposed since May, 2000. The I...
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