Mumbai: Extending losses for the fourth straight session, Indian rupee today declined by ten paise to log over 13-month closing low of 63.67 against the Greenback following sustained dollar demand from importers. Firm local equities,
New Delhi: Banks have achieved the target set by the government to open 10 crore accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) a month before the January 26 deadline.As of December 26, the
New Delhi: Government on Monday pledged to remove entry barriers to business and ensure a competitive tax regime to push manufacturing growth under its 'Make in India' programme, even as it blamed high interest rate
New Delhi: India's economic growth is expected to pick up in the current fiscal and will be "much better" in 2015-16, finance minister Arun Jaitley said on Monday."The last two years witnessed an economic slowdown.
New Delhi: A political hot potato for long, the insurance sector got its long-awaited dose of reforms, as 2014 neared the end and will keenly await moneybags from abroad in the new year to bring
New Delhi: Inflows of foreign direct investment into India rose by about 25 per cent to $17.35 billion in the April-October period of the current fiscal, Commerce and Industry Minister Nirmala Sitharaman said today.Improvement in
New Delhi: Rejecting RBI Governor Raghuram Rajan's criticism of ‘Make in India' programme, Finance Minister Arun Jaitley today said it is about manufacturing of quality products at low costs and it was not relevant whether
New Delhi: Prime Minister Narendra Modi will hold a meeting of several stakeholders on December 29 to chalk out a 'specific action plan' to implement the 'Make in India' programme, which aims at boosting manufacturing
New Delhi: To re-energise the mutual fund industry, regulator Securities and Exchange Board of India (SEBI) plans to set up an expert panel to suggest measures for increasing distribution of MF products through digital modes
New Delhi: Centre government is considering raising the minimum wages to Rs 15,000 across all the industry sectors in the country. The BJP led government's act will effectively double the income of workers across 45
Udaipur (Rajasthan): Debt waiver schemes of central and state governments have not benefited farmers as they restricted credit flow subsequently, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Saturday."Studies have shown that debt
New Delhi: The Cabinet Secretariat has asked all government agencies to give preference to domestically produced goods in its procurement programme in a bid to push Prime Minister Narendra Modi's ‘Make in India' campaign."A committee
New Delhi: Finance Minister Arun Jaitley on Friday said that his counterparts in all states favour an early roll-out of the Goods and Service Tax (GST) Bill.Speaking after the pre-budget meeting with the state Finance
Mumbai: Facing persistent calls for interest rate cuts from the government and industry, Governor Raghuram Rajan on Friday said the Reserve Bank of India (RBI) could not “flip-flop” on rates with every rise or fall
Mumbai: LIC, which has been asked by the government to provide life cover worth Rs 30,000 to beneficiaries of Pradhan Mantri Jan-Dhan Yojana (PMJDY), has asked Indian Banks' Association to provide a list of those
Panaji: Defence Minister Manohar Parrikar today said that ‘one-rank one-pension' policy would be implemented in the defence forces before the next budget. “One-man one-pension policy will be implemented. We are right now working on its
Mumbai: The country's Gross Domestic Product (GDP) is likely to grow at a rate of 6.4 per cent on the back of pick-up in investment cycle in 2015, says a report."With the new government at
New Delhi: A government-appointed selection panel would start interviews of 35 candidates tomorrow to fill vacancies of 14 Executive Directors in various public sector banks.The interviews would start tomorrow, sources said, adding that each candidate
New Delhi: Reliance Industries will relinquish its Krishna Godavari basin gas discovery block, KG-D3, mainly because of operational restrictions placed by the Defence Ministry.RIL, which had made four consecutive gas discoveries with close to 500
New Delhi: Paving the way for start of an auction process beginning tomorrow, the government today approved re-promulgation of the coal ordinance and necessary guidelines for mine allocations and said the coal-rich states stand to
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