New Delhi: The Enforcement Directorate has begun a comprehensive probe against a dozen popular online retail firms in the country for alleged violations of foreign direct investment rules in their e-commerce businesses. The agency, according
New Delhi: Appreciating the various reforms that have been initiated by the NDA government in the first 100 days that it has been in office, CII Director General Chandrajit Banerjee has said that the worst
New Delhi: Industry body Confederation of Indian Industry (CII) has welcomed Finance Minister Arun Jaitley's address on the occasion of the government completing 100 days in office."Investor and industry sentiments are already up and it
New Delhi: Former finance minister P.Chidambaram Saturday claimed the credit for the 5.7 percent economic growth during the first quarter of this fiscal due to the policies of the United Progressive Alliance (UPA) government.He said
New Delhi: Stating that cancellation of coal blocks will shake investors' confidence, industry body Assocham has suggested a two-pronged strategy as a remedial measure on the issue.The strategy entails that companies which have set up
New Delhi: Finance Minister Arun Jaitley on Saturday said banks have opened about 2.14 crore saving accounts since the launch of Jan Dhan Yojana on August 28.“As of yesterday afternoon 1.84 crore accounts were added.
New Delhi: The Centre today asserted that too many products cannot be kept out of the ambit of Goods and Services Tax (GST) even as states are clamouring for more products including liquor, tobacco and
New Delhi: Petrol price was today cut by Rs 1.82 a litre, the third reduction in rates this month, but diesel rates were hiked by 50 paise per litre.The revised rates are effective from midnight
New Delhi: Finance Minister Arun Jaitley Saturday said that though the economy has recently shown signs of recovery, inflation remains a major concern with the prices of vegetables and food items being affected by seasonal
New Delhi: Encouraged by marked improvement in the GDP numbers, Finance Minister Arun Jaitley today said growth rate would accelerate further on back of improvement in investor confidence and moderation in inflation.With government taking quick
New Delhi: The fiscal deficit touched 61.2 per cent of full year Budget Estimates or over Rs. 3.24 lakh crore in end July. During the April—July period of 2013—14 fiscal, the deficit was 62.8 per
New Delhi: Prime Minister Narendra Modi on friday said his government has within 100 days in office steered the economy out of a “difficult situation” and brought stability, and promised to remove roadblocks to foreign
New Delhi: The Reserve Bank of India (RBI) could cut policy rates by 75-100 basis points starting early 2015 even if the Federal Reserve hikes rates next year, Bank of America-Merrill Lynch has said in
New Delhi: It seems like India's faltering economic growth has picked up pace under Modi rule as Indian economy grows at 5.7 per cent in April-June quarter of 2014-15, marking the fastest quarterly growth in
Mumbai: Foreign institutional investors (FIIs) continued to invest in the Indian equities market which closed trade for the week ended Aug 28 trade at yet another record high. The Indian markets, which remained closed for trading
New Delhi: State-owned Oil and Natural Gas Corp (ONGC) has said it will invest Rs. 5,219 crore in bringing to production Daman gas fields in the Arabian sea by July 2016.The board of ONGC at
New Delhi: Prime Minister Narendra Modi Thursday recounted a personal anecdote at the function to launch the Pradhan Mantri Jan Dhan Yojana and narrated how officials of Dena Bank chased him to close his account,
Mumbai: Foreign brokerages BofA-ML and UBS expect the RBI to ease interest rates next year even as they anticipate the US central bank to be hawkish in its monetary policy outlook.American brokerage Bank of America
New Delhi: Prime Minister Narendra Modi today launched Jan Dhan Yojana, a mega financial inclusion plan under which bank accounts and RuPay debit cards. The scheme also offers an inbuilt insurance cover of Rs 1
New Delhi: Armed with new powers to clamp down on illegal money-pooling schemes and other defaults, Sebi on Thursday said offenders can no longer ignore its orders and drag on the cases for years as
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