Pune: Wind turbines major Suzlon Energy Ltd. Thursday said it has received a go-ahead from CLP India (formerly China Light and Power) for a 100.8 MW wind power project in Tejuva, Rajasthan."Suzlon group announced that
New Delhi: The Union Home Ministry has asked RBI to seek prior permission from it for any donation to be made to NGO Greenpeace by two overseas contributors, a move which was earlier recommended by
New Delhi: Indian economy is exposed to "shocks" on account of high fiscal deficit and the country's credit outlook will depend on government's initiatives in the next month's budget to contain expenditure and reduce exposure
New Delhi: The Reserve Bank has recognised Micro Finance Institutions Network (MFIN), the industry association for the micro-finance industry, as a self regulatory organisation for NBFC-MFIs."MFIN,...Has been formally recognised by the Reserve Bank of India
New Delhi: An employee can now send an undertaking directly to the bank to ensure quick disbursal of pension in his or her account, according to the new guidelines by the government.“The government has decided
Mumbai: The Reserve Bank on Tuesday said it is closely watching inflation situation and hoped that proper food management will help in easing of food prices. "We are watching inflation situation. Food prices have had
Moscow: Energy security is an essential element of the Indo-Russian strategic partnership and cooperation in the sector will be furthur strengthened, Petroleum Minister Dharmendra Pradhan said here Monday."Russia has always been a longstanding, time-tested friend
Mumbai: Pension funds regulator PFRDA today came out with a new set of draft regulations for intermediary institutions to ensure orderly development of the pension market and invited public comments on them. These norms deal
New Delhi: Costlier potato and cereals pushed up May inflation to five-month high level of 6.01 per cent, prompting the Centre to ask the states to take effective steps against speculative hoarding in the wake
Chennai: The Reserve Bank today said it is in the process of reviewing the regulatory framework for unregulated non-banking finance companies with a view to check financial frauds.Observing that a number of companies were registered
New Delhi: Mutual fund managers raised their exposure in bank stocks to an all-time high of over Rs 48,419 crore in May this year amidst soaring equity market. According to the latest data available with market
New Delhi: Rising prices of food and beverages like coffee, tea, poultry, fish and vegetables pushed up inflation to 5-month high of 6.01 per cent in May.The Wholesale Price Index (WPI)-based inflation was 5.20 per
New Delhi: The New Delhi Municipal Council is daily generating 16 MW of electricity from solid waste and supplying it to 8,000 households in the city as part of its effort to ease the acute
Srinagar: Finance Minister Arun Jaitley today said fiscal disciplining is required to put the economy of the country back on tracks as India has witnessed two successive years of sub-five per cent growth. “At this
New Delhi: Narendra Modi's comprehensive win to become the prime minister should have a positive impact on Indian companies and the world's third largest economy could witness a very strong cyclical recovery, according to a
Mumbai: Country's largest lender State Bank of India is organising a national level banking conclave for the first time by bringing together Reserve Bank of India and stakeholders to a common platform in order to
Goa: Prime Minister Narendra Modi Saturday said Goa has enormous potential for tourism and infrastructure must be improved to tap it, a statement from the prime minister's office said."Goa is one of the key areas
New Delhi: Expressing satisfaction over the moderation in inflation, Finance Secretary Arvind Mayaram on Saturday said the price situation would ease further with recent measures taken by the government as well as growth impulses.Much of
Panaji: Prime Minister Narendra Modi today warned of “tough decisions” over the next couple of years to improve the country's financial health, which he said may not go down well with some sections, and attacked
Kolkata: The Reserve Bank of India (RBI) would soon come out with policy guidelines for differentiated banking licenses which would be given on tap, deputy governor of the apex bank R Gandhi said. Besides, he
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