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  • no change in emis likely as rbi keeps interest rate on hold

    No change in EMIs likely as RBI keeps interest rate on hold

    April 01, 2014 15:44 IST

    New Delhi: EMIs for housing and car loans are likely to remain unchanged after the Reserve Bank today maintained the status quo on the key policy rate (repo), as was widely expected, and said there

  • rupee recovers back from historic lows ends fy14 with 10

    Rupee recovers back from historic lows, ends FY14 with 10% loss

    March 31, 2014 23:10 IST

    Mumbai: The rupee has ended the fiscal with a loss of over 10 per cent against the US dollar, clawing back from its lifetime low hit in August and becoming one of the best performing

  • petrol price cut by 75 paise a litre diesel hike put off

    Petrol price cut by 75 paise a litre; diesel hike put off

    March 31, 2014 22:22 IST

    New Delhi: The price of petrol was today cut by 75 paise per litre, the first reduction in five months, while the already unpopular monthly hike in diesel rates was put off during the election

  • business comfortable with upa modi for crony capitalism

    Business comfortable with UPA ;Modi for crony capitalism: Chidambaram (Roundup)

    March 31, 2014 20:02 IST

    New Delhi: The Indian economy is more stable than it was 20 months back and businesses are comfortable with the UPA, Finance Minister P. Chidambaram said Monday hitting back at BJP's criticism of economic mismanagement.Chidambaram

  • read yashwant sinha s 18 questions on economy to chidambaram

    Read Yashwant Sinha's 18 questions on economy to Chidambaram

    March 30, 2014 21:45 IST

    New Delhi: Senior BJP leader Yashwant Sinha on Sunday accused Finance Minister P Chidambaram of “running the economy to the ground” and posed an 18-point questionnaire to him on price rise, economic growth and job

  • k r kamat front runner for rbi deputy governor post

    K R Kamat front-runner for RBI Deputy Governor post

    March 30, 2014 21:10 IST

    New Delhi:  Raghuram Rajan headed search panel has zeroed in on a successor to RBI Deputy Governor K C Chakrabarty and PNB Chairman K R Kamath is believed to be top in the reckoning.Besides RBI

  • i t asks e filers of tax returns to send itrv by speed post

    I-T asks e-filers of tax returns to send ITRV by speed post

    March 30, 2014 21:25 IST

    New Delhi: If you are filing online your Income Tax return, the paper copy of the ‘ITRV' should only be sent through “speed post” to the Central Processing Centre (CPC) of the department in Bengaluru.ITRV

  • india inc wants rbi to cut repo rate by 0.5

    India Inc wants RBI to cut repo rate by 0.5%

    March 30, 2014 18:57 IST

    New Delhi:  Reeling under the double whammy of a slowing economy and the high cost of credit, India Inc wants the Reserve Bank to cut the key interest rate in its upcoming monetary policy. Industry's demand

  • sebi to develop mobile app for investor awareness

    SEBI to develop mobile app for investor awareness

    March 30, 2014 18:27 IST

    New Delhi: The Securities and Exchange Board of India plans to bring out a mobile application to increase financial literacy among the public for which it will garner ideas from students. The capital market regulator, which

  • fdi in 2013 dips 3 to 22 billion

    FDI in 2013 dips 3% to $22 billion

    March 30, 2014 17:41 IST

    New Delhi: Foreign direct investment (FDI) in India dipped by 3 percent to USD 22.03 billion in 2013, according to the official data.In 2012, India attracted USD 22.78 billion of FDI, according to the data

  • hurt by slowdown industry urges rbi to cut interest rate

    Hurt by slowdown, industry urges RBI to cut interest rate

    March 30, 2014 17:14 IST

    New Delhi: Reeling under the double whammy of a slowing economy and the high cost of credit, India Inc wants the Reserve Bank to cut the key interest rate in its upcoming monetary policy.Industry's demand

  • india to grow at 5.5 in fy 2015 ficci

    India to grow at 5.5% in FY 2015: FICCI

    March 30, 2014 16:05 IST

    New Delhi: India's economic growth is likely to pick up and reach 5.5 percent in 2014-15 as industrial output will recover to expand at 3.3 percent, says Ficci. The Economic Outlook Survey by the industry chamber

  • govt panel for tax administration reform set up

    Govt panel for tax administration reform set up

    March 29, 2014 19:20 IST

    New Delhi: As part of bringing in more credibility among tax payers and to streamline income tax procedures, the Government has set up a Tax Administration Reform Commission comprising officials from public and private sector

  • president re promulgates sebi ordinance

    President re-promulgates SEBI ordinance

    March 29, 2014 17:55 IST

    New Delhi: President Pranab Mukherjee has cleared re-promulgation of Sebi ordinance which provides powers for Sebi Chairman to authorise Investigating Authority or any other officer of the regulator to conduct search and seizure under the

  • extended basel iii deadline to ease pressure on banks india

    Extended Basel III deadline to ease pressure on banks: India Ratings

    March 28, 2014 16:34 IST

    Kolkata: India Ratings on Friday said that deferment of Basel III by the Reserve Bank of India (RBI) till March 2019 would ease pressure on banks. “The Reserve Bank of India's (RBI) deferral of the Basel

  • banks income tax offices to remain open from march 29 to 31

    Banks, income tax offices to remain open from March 29 to 31

    March 28, 2014 9:16 IST

    New Delhi: All major banks dealing with Income Tax payers and Income Tax offices snall remain open from March 29, Saturday til March 31 to facilitate payment of taxes at the end of the financial

  • rbi meets select bankers ahead of policy

    RBI meets select bankers ahead of policy

    March 25, 2014 19:57 IST

    New Delhi: The Reserve Bank today met a select group of public sector and foreign banks ahead of the forthcoming bi-monthly policy meet early next week.The central bank usually holds the customary pre-policy discussions ahead

  • indian exports to fall short of 325 billion target commerce

    Indian exports to fall short of $325-billion target: Commerce Minister

    March 25, 2014 19:37 IST

    New Delhi: Indian exports will fall short of the envisaged target of $325 billion in the current fiscal year (FY14) though it would be more than what was achieved in the last financial year, Commerce

  • hopefully next government will be able to implement gst

    Hopefully next government will be able to implement GST: Montek

    March 24, 2014 17:22 IST

    New Delhi: Stressing on the need to bring in GST, Ahluwalia said economists widely believe that it not only helps improve the fiscal situation, but also boosts the efficiency of the entire system.    "I am

  • india inc registers 14 electoral trusts as polls draw closer

    India Inc registers 14 'electoral trusts' as polls draw closer

    March 24, 2014 16:15 IST

    New Delhi: With Lok Sabha polls set to begin next month, at least 14 electoral trusts have been set up by various business houses - including giants like Tata, Reliance, Mahindra and Bajaj - for

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