India has been ranked third after Mexico and China in remittances from US. India has received $ 11 billion (Rs. 74,000 crore) from the United States in 2015. Mexico tops the list as it
Subsidised cooking gas (LPG) price was on Wednesday hiked by Rs 2 per cylinder, the third straight monthly increase in rates as the government looks to cut down on subsidies. A subsidised 14.2-kg cylinder will
The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for the FDI (Foreign Direct Investment) amendments announced by his government on June 20. The policy was meant to liberalise and simplify
In what could come as adverse news for the Narendra Modi-led government, the Indian economy lost some momentum in the first quarter of 2015-16 with the gross domestic product or GDP expanding 7.1 per cent
HLL Lifecare, a Kerala-based company that manufactures female condoms, has bagged its maiden bulk order for the supply of over 1.3 million pieces of female condoms to Gambia and Burkina Faso in Africa and Dominican
In a bid to revive the stuck construction and real estate projects, the government today approved new norms that will help in quicker resolution of disputes to kick-start stalled projects and make access to financing easier.
India’s economy is in a "stronger position" and is demonstrating an immense growth potential with a strong leadership at the helm bringing in key reforms, HDFC Chairman Deepak Parekh said today. "India has never been
Raghuram Rajan on Monday said the inflation projections are still at the upper limit of central bank’s target and policy rate can be cut only if inflation eases.
The government, in its effort to roll out the landmark Goods and Services Tax (GST) by April 1 next year, is considering to advance Winter Session of Parliament by a fortnight to get supporting legislations
After growing from strength to strength with each passing quarter, and the company’s sales sky-rocketing, Baba Ramdev’s Patanjali has now trained its focus on the fast growing, sacred space of home worship. As per reports,
Nine startup firms including financial technology start-up Cashcare Technologies have been blacklisted by the Indian Institute of Technology-Bombay (IIT-B) on Thursday from participating its up coming placements. These companies, most of them start-u
The commerce and industry ministry has decided against ordering a probe into the alleged violations of FDI norms by the e-commerce comapanies. The ministry, however, said that a grievance redressal mechanism is being set up
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved investments worth more than Rs 27,000 crore for expansion of railway lines in 11 states and development of 1,120 km national highways in
Marking the beginning of a new innings, Anmol Ambani, the 24-year-old eldest son of Reliance Group Chairman, Anil Dhirubhai Ambani, was today inducted as an Additional Director of the Board of Reliance Capital. His elevation
Putting its confidence in the next RBI Governor Urjit Patel, the government today said that he should be able to contain inflation within the target of 4 per cent, plus or minus two percentage points.
Union Budget has been presented on last day of February since the colonial days, but this could soon change as the Modi government is mulling advancing it to January end. If implemented, it will allow
The appointment of Urjit R. Patel as the new Reserve Bank of India (RBI) Governor is expected to give a positive boost to the Indian equity markets during the upcoming week.
The country can have a lower tax regime only when the tax payer base increases and tax evasion comes down, said Union Finance Minister Arun Jaitley on Saturday. Speaking at a function here Jaitley said
In a development that was eagerly awaited for two months now, the government today named economist and banker Urjit R. Patel the next Governor of the Reserve Bank of India (RBI). Patel, 52, a Deputy
To protest against divestment and strategic sale in the nationalised coal sector, Coal India workers will go on a nationwide strike on September 2, the company said today. The protest will also entail the demand
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