Chennai: The Centre is studying Special Economic Zones in the country and all the Foreign Trade Agreements with other nations to analyse the benefits they have given to the Indian economy, Commerce and Industry Minister
Mumbai: Concerned over the lukewarm response to inflation-indexed bonds, the Reserve Bank plans to revise their features to attract more retail investors. “We had launched inflation-indexed bonds that were not successful. We are coming out
New Delhi: Some signs of improvement are visible in the economy now, with factory output growth rebounding to 13-month high of 3.4 per cent in April and retail inflation easing to 8.23 per cent in
New Delhi: Vowing to control inflation, Prime Minister Narendra Modi today said improving agriculture productivity through modern farm techniques and university-farmer collaboration hold the key to check price rise.Replying to the motion of thanks to
Mumbai: The rupee today snapped its two days of losses and edged up two paise to end at 59.27 against the dollar following late selling of the US currency by exporters.Persistent capital inflows and some
Mumbai: State Bank of India has partnered with payments service provider, Ezetap Mobile Solutions, to deploy mobile point-of-sale (mPOS) solution. SBI plans to deploy 5,00,000 point-of-sale terminals within the next five years, it said in
New Delhi: India's trade deficit rose to a 10-month high of USD 11.23 billion in May even as exports grew by 12.4 per cent, highest rate in six months, on improvement in the global demand.Trade
New Delhi: Government today slammed the previous UPA regime saying it has left the country in a shambles with low growth and “elevated” poverty and vowed to resurrect the economy with a strong Prime Minister
New Delhi: There is a need to reduce the cost of doing business in the country to revive the investment cycle, Finance Minister Arun Jaitley has said. “The Finance Minister stressed upon the need to improve
New Delhi: Idea Cellular today said it priced its offering of 22.38 crore shares to institutional investors at Rs 134 each, raising Rs 3,000 crore. The securities allotment committee of the board of directors of Idea
New Delhi: Chhattisgarh yesterday reiterated its demand for a 'special category' status for the state at a pre-budget meeting of state finance ministers with Union Finance Minister Arun Jaitley in New Delhi.Chhattisgarh Commerce and Tax
New Delhi: Committing to break the vicious cycle of high inflation and high interest rate, Finance Minister Arun Jaitley today made a case for putting in place strict measures and special courts to stop hoarding
New Delhi: My dear Chief Ministers, Deputy Chief Minister, Finance Ministers from States and UTs, Esteemed Colleague Minister of State for Finance Ms Nirmala Sitharaman, senior officials from Centre and State Governments.It is a matter
New Delhi: Outlining its agenda for five years, the government today announced a slew of measures to push growth and create jobs, which will include encouraging investment and creating a predictable, transparent and fair environment.Addressing
New Delhi: Overseas investors have poured in a staggering Rs 19,772 crore (USD 3.35 billion) into the Indian debt market in May, the highest monthly inflow in about two and a half years, emboldened by
New Delhi: Finance Minister Arun Jaitley today described the economic situation as challenging even as India Inc pressed for tax concessions and bold reforms to reignite the investment cycle and promote growth. In over two hour
New Delhi: Amidst concerns over rising bad loans, Finance Minister Arun Jaitley will hold pre-budget consultations with heads of banks and financial institutions on June 10 to deal with the situation.The meeting with CMDs and
New Delhi:Investors pumped in a net Rs. 1.5 lakh crore in various mutual fund schemes in May - the highest amount in more than three years. Investors had poured in Rs. 1.09 lakh crore in April.
New Delhi: Foreign direct investment in the services sector declined by about 54 per cent year-on-year to $2.22 billion last fiscal, according to data from the Department of Industrial Policy and Promotion. The services sector, which
New Delhi: Meeting for the first time after the formation of the new Government, the FIPB proposes to take up 32 foreign direct investment proposals from the likes of Pfizer, BNP Paribas and Bulgari International
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