New Delhi: India dropped three places to 134 in a list of 189 countries in the ease of doing business ranking while it slipped 2 places to 177 on the ranking related to starting a
Mumbai: The RBI has asked banks to charge customers for transaction SMS alerts on the basis of usage, instead of imposing a fixed fee, to ensure equity and be reasonable.“Banks are advised to leverage the
New Delhi: The Reserve Bank of India plans to soon launch a 10-year savings instrument that will offer inflation-linked returns to small investors as an alternative to investing in gold.“It is proposed to launch Inflation
New Delhi: With a networth of $21 billion, Reliance Industries (RIL)' Mukesh Ambani has retained his title as India's richest for sixth year in a row, while the country's 100 richest persons saw their collective
New Delhi: Inflation worries forced the Reserve Bank to continue its firm stance and hike the short-term lending (repo) rate by 0.25 per cent, a step that will make corporate and consumer loans more expensive.There
New Delhi: Reserve Bank of India (RBI) Governor Raghuram Rajan has hinted at increasing the key rate at the second quarter monetary policy review tomorrow, citing urgency to anchor inflationary expectations."With the normalisation of exceptional
Mumbai: The harried NSEL Investor Forum, the umbrella group of investors of the crippled spot commodity exchange, today said it has filed a complaint against EY India with the Economic Offences Wing (EOW) of the
Mumbai: The Reserve Bank today said the US Federal Reserve's decision to delay the unwinding of its monthly USD 85-billion of asset repurchase programme has brought in some stability to the rupee. “The Fed's decision
Mumbai: The Bombay High Court in an interim order today asked the Forward Market Commission (FMC) to appoint an agency to conduct the forensic audit of e-series contracts in the scam-hit National Spot Exchange Ltd
New Delhi: CBI has started scrutinising the file received from the Prime Minister's Office on coal block allocation to Hindalco to understand the circumstances on the basis of which the earlier decision to reject the
Kolkata: European Business and Technology Centre (EBTC), working on promoting clean technologies from the EU, has launched a virtual platform to assist Indian companies to get access to high-end technologies.“Activities on innovative digital platforms are
Mumbai: Reserve Bank Governor Raghuram Rajan on Monday hinted at increasing the key rate at the second quarter monetary policy review tomorrow, citing urgency to anchor inflationary expectations."With the normalisation of exceptional monetary measures under
New Delhi: Holding that it was playing "hide and seek" and cannot be trusted any more, the Supreme Court today directed the Sahara group to hand over title deeds of its properties worth Rs 20,000
Mumbai: As IPO market still remains tepid, forcing companies to borrow costly funds from other sources, capital markets regulator Sebi today said it is looking at allowing them to issue convertible debentures to raise money.“The
New Delhi: Reserve Bank of India is likely to cut interest rate by 0.25 percent in its upcoming policy review as inflation is high, industry chamber Assocham said."Both CPI and WPI at the heightened level.
New Delhi: Gearing up to issue new bank licences, RBI has shot off detailed queries to over two dozen applicants and various regulators in India and abroad as part of its due-diligence on those seeking
New Delhi: The Cabinet Committee on Economic Affairs may this week take up Power Ministry's proposal of follow-on public offer of state-run Power Grid Corporation, which is expected to mop up close to Rs 8,000
New Delhi: Overseas investors have pumped in more than Rs 12,100 crore (USD 1.97 billion) in the Indian equity market since the beginning of this month amid easing concerns over the US tapering.The total foreign
New Delhi: Foreign Direct Investment (FDI) into India declined to 8-month low of USD 1.4 billion in August, down 38 percent year-on-year.FDI had touched a low of USD 1.10 billion in December last year.In August
Mumbai: Amidst growing concern of lenders' asset liability mismatch, an HDFC Bank report says the share of bank funding to the infrastructure sector soared to 13.4 percent in FY'13 from a meagre 1.6 percent of
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