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  • finance ministry decides to revisit small savings interest

    Finance Ministry decides to revisit small savings interest rate

    September 29, 2015 21:30 IST

    New Delhi: The Finance Ministry today said the interest rate on small savings like PPF and post office deposits will be reviewed, but interest of small savers will be taken into account while doing so."It

  • banks will have to follow new base rate calculation

    Banks will have to follow new base rate calculation: Raghuram Rajan

    September 29, 2015 20:51 IST

    Mumbai: Reserve Bank Governor Raghuram Rajan today said the RBI is looking into banks' concern over adopting the marginal cost-based base rate regime but made it clear the lenders will have to follow the new

  • government to reassess gdp forecast for this fiscal arun

    Government to reassess GDP forecast for this fiscal: Arun Jaitley

    September 29, 2015 20:26 IST

    New Delhi: With RBI lowering the growth forecast to 7.4 per cent for the current fiscal, Finance Minister Arun Jaitley today said the government willreassess its GDP projections."It is not necessary for us to make

  • black money compliance window to end tomorrow

    Black money compliance window to end tomorrow

    September 29, 2015 17:56 IST

    New Delhi: With the one-time black money declaring 'compliance window' coming to an end tomorrow, the Income Tax department has asked its officials to ensure that interested entities are provided all help to make their

  • sbi cuts lending rate by 0.4 to 9.3

    SBI cuts lending rate by 0.4% to 9.3%

    September 30, 2015 12:04 IST

    Mumbai: Soon after reduction in repo rate by the Reserve Bank, country's largest lender State Bank of India (SBI) on Tuesday slashed minimum lending or base rate by 0.4 percent to 9.3 percent, setting the

  • my name is raghuram rajan and i do what i do rbi guv on

    My name is Raghuram Rajan and I do what I do: RBI Guv on rate cut

    September 30, 2015 7:39 IST

    Mumbai: "My name is Raghuram Rajan and I do what I do", was RBI Governor's response to comments that he was being Santa Claus in cutting interest rate by more than expected.Amid government and industry

  • central bank action will spur investment growth arun jaitley

    Central bank action will spur investment growth Arun Jaitley

    September 29, 2015 13:32 IST

    New Delhi: Welcoming the Reserve Bank of India's decision to cut short-term lending rates by 50 basis points, Finance Minister Arun Jaitley said on Tuesday this will support growth, while showing that inflationary pressures were

  • rbi cuts repo rate by 50 basis points to 6.75

    RBI cuts repo rate by 50 basis points to 6.75%

    September 29, 2015 16:25 IST

    New Delhi: The Reserve Bank of India (RBI) today cut repo rate by 50 basis points (bps) to 6.75% to help support the domestic economy.This comes at a time when consumer inflation is at a

  • rbi may cut interest rates to spur economy

    RBI may cut interest rates to spur economy

    September 29, 2015 8:58 IST

    New Delhi: RBI Governor Raghuram Rajan may budge to government and industry pressure to cut interest rate with a view to spur economic recovery and mitigate the impact of slowing China on India.Most of the

  • rbi seen to cut interest rate tomorrow but may flag risks

    RBI seen to cut interest rate tomorrow, but may flag risks

    September 28, 2015 18:36 IST

    New Delhi: Reserve Bank Governor Raghuram Rajan is widely expected to cut interest rate tomorrow by a quarter per cent to a 4-year low to accelerate a sluggish economic recovery, but may underscore concerns over prices

  • curb manipulation in commodities market arun jaitley to sebi

    Curb manipulation in commodities market: Arun Jaitley to SEBI

    September 28, 2015 14:27 IST

    Mumbai :  With the commodity derivatives coming under Sebi's jurisdiction, Finance Minister Arun Jaitley today said the regulator must ensure that manipulative activities are curbed in this market and expressed confidence that NSEL-like problems would

  • jaitley flags merger of watchdogs for equities commodity

    Jaitley flags merger of watchdogs for equities, commodity futures

    September 28, 2015 12:54 IST

    Mumbai: Finance Minister Arun Jaitley on Monday rang the symbolic opening bell to mark the merger of two markets watchdogs -- the Forward Markets Commission for commodity futures with the Securities and Exchange Board of

  • pm modi outlines jam initiative

    PM Modi outlines JAM initiative

    September 28, 2015 11:11 IST

    San Jose: Prime Minister Narendra Modi outlined the JAM initiative to uproot corruption in the country by linking the Jan Dhan Yojana bank accounts with the Aadhar cards and with Mobile governance."PM @narendramodi explains the

  • modi stresses india s commitment for 175 gw clean energy

    Modi stresses India's commitment for 175 GW clean energy goal

    September 28, 2015 8:01 IST

    San Jose: Prime Minister Narendra Modi on Sunday chaired a roundtable on renewable energy with top energy CEOs and experts during which he emphasised India's commitment to realize the vision of 175 GigaWatts of clean

  • india s own ecosystem of startup evolving rapidly pm modi

    India's own ecosystem of startup evolving rapidly: PM Modi

    September 28, 2015 7:20 IST

    San Jose: Prime Minister Narendra Modi has said India's own ecosystem of startup is evolving rapidly which is driven by energy, enterprise and innovation of youth.  India now has the institutions, incentives and interest for

  • pm modi invites apple ceo to set up manufacturing base in

    PM Modi invites Apple CEO to set up manufacturing base in India

    September 27, 2015 13:50 IST

    San Jose : Prime Minister Narendra Modi has invited Apple to set up a manufacturing base in India and its CEO Tim Cook responded positively, officials said here today."The Prime Minister (in his meeting with

  • raghuram rajan may go for rate cut on tuesday to spur

    Raghuram Rajan may go for rate cut on Tuesday to spur economy

    September 27, 2015 10:52 IST

    New Delhi: RBI Governor Raghuram Rajan may budge to government and industry pressure to cut interest rate with a view to spur economic recovery and mitigate the impact of slowing China on India.Most of the

  • make in india helped improve business environment ficci

    Make in India helped improve business environment: FICCI

    September 26, 2015 9:39 IST

    New Delhi: With government's Make in India initiative completing one year, industry chamber FICCI said the initiative has helped attract investments and improved business environment in the country."Make in India has been well received by

  • pm modi s reforms world looks differently at india jim

    PM Modi's reforms, world looks differently at India: Jim Young Kim

    September 26, 2015 8:08 IST

    United Nation: World Bank President Jim Young Kim has said reforms initiated by Prime Minister Narendra Modi have had a huge impact on the way world looks at India and praised the progress made in

  • shivinder mohan singh of fortis renounces business to join

    Shivinder Mohan Singh of Fortis renounces business to join spiritual sect

    September 25, 2015 19:01 IST

    New Delhi: The co-founder of Fortis Healthcare, Shivinder Mohan Singh, has sprung a surprise by renouncing the corporate world and joining a spiritual organisation. The 40-year-old responded to a higher calling and will soon be

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