New Delhi: Beginning new year, LPG consumers across the country will start getting cash subsidy so that they can buy the cooking fuel at market price.In preparation of the launch of the Direct Benefit Transfer
Mumbai: To revive stalled plans and help banks tide over mounting bad loans, the Reserve Bank of India (RBI) on Monday eased norms for structuring of existing long-term project loans to infrastructure and core industries.The
Mumbai: Cracking down on an illicit fund raising scheme related to agricultural land, the Securities and Exchange Board of India (SEBI) has barred Skylark Land Developers and Infrastructure India and its directors from mobilising money
New Delhi: Finance Minister Arun Jaitley has said India has the potential to grow at a higher rate even at a time when the world economy is going through a critical phase."The world economy is
Mumbai: The Reserve Bank today levied a penalty of Rs 1 lakh on the fledgling credit bureau CRIF High Mark Credit Information Services for failing to appoint a whole-time Managing Director.“A monetary penalty of Rs
New Delhi: Petrol and diesel prices were today cut by Rs 2 per litre each as international oil prices slumped to five-year low.This is the eighth straight reduction in petrol prices since August, and fourth
New Delhi: Wholesale price inflation hit a zero level in November, the lowest in about five and half years, on account of decline in prices of food, fuel and manufactured items.The Wholesale Price Index (WPI)
New Delhi: In preparation for ‘Achche Din' promised by the new government, India Inc has big plans for 2015 when it comes to hiring people and doling out pay hikes.On the platter for the job
New Delhi: To bolster port development, the Centre plans to set up a Railway Corporation exclusively to build rail connectivity to 12 major ports."We are going to set up a Railway Corporation, which can be
Hyderabad: India is inviting technology majors like Samsung and LG to set up manufacturing facilities in the country under 'Make In India' programme, said Communications and Information Technology Minister Ravi Shankar Prasad."We are promoting all
New Delhi: State-owned Oil and Natural Gas Corp (ONGC) yesterday announced three new oil and gas discoveries in Krishan Godavari Basin and Mumbai offshore and said it will pay its shareholders an interim dividend of
New Delhi: Unfazed by criticism that Central bank is keeping interest rates high, Reserve Bank of India (RBI) Governor Raghuram Rajan said the role of regulators is not to boost the Sensex."Financial stability sometimes means
New Delhi: The government has initiated the process to amend the Consumer Protection Act to safeguard buyers from online frauds in e-commerce, Parliament was informed on Friday."Keeping in view the increased number of online fraud/cheating
New Delhi: Disappointed over industrial output contracting by 4.2 per cent in October, India Inc has said the Reserve Bank of India (RBI) must slash interest rates urgently to spur demand while re-emphasising the need
New Delhi: With four and half years having passed since allocation 4G spectrum, the CAG has asked Telecom Department to provide the roll-out status of the broadband wireless access services by these entities.The successful bidders
New Delhi: With the Reserve Bank of India (RBI) holding interest rates despite persistent clamours for a cut, Finance Minister Arun Jaitley said the government shares a ‘healthy' relationship with the Central bank."The government and
New Delhi: Cheaper food items helped retail inflation drop to a fresh low of 4.38 per cent in November— the fifth consecutive month of decline—a development that can strengthen the case for interest rate cut
New Delhi: It is mandatory for certain class of public companies to appoint at least one woman director on their boards under the companies law, government said today.“The Companies Act 2013 and the rules framed
New Delhi: The government today said it is not considering any proposal to ban Participatory Notes (P—Notes) as part of efforts to check black money.“There is no proposal at present to remove participatory notes in
New Delhi: India can achieve a growth rate of 8-9 per cent provided there is a "national consensus" on methods to take advantage of globalised world, said former Prime Minister Manmohan Singh, whose tenure saw
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