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DEREGULATION IN FINANCE
Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...- Businesses can digitally record 'goods delivered' on e-way bill portal: GSTNGST registered businesses can now digitally close e-way bills upon delivery completion. This new voluntary feature on the GST portal streng...
- Why market rose today? Sensex rises 790 points, Nifty closes near 23,700. 5 key drivers behind surgeIndian stock markets are experiencing a significant rally. The BSE Sensex and Nifty 50 indices have climbed over 1 percent each. This surge...
- West Asia war, rain deficit can hike inflation, drag India's growth: FinminIndia's economy faces significant challenges from the West Asia war and a predicted weak monsoon. These factors threaten to increase inflat...
- As costs remain high, MFIs raise ratesMicrofinance lending rates are rising for the poorest borrowers. This is happening despite a government credit guarantee scheme designed to...
- Centre plans sweeping reforms as West Asia war jolts supply chainsIndia is preparing a major reform plan. The government is focusing on self-reliance and strengthening domestic supply chains. This initiati...
- It's time to free the financial sector of IndiaIndia's deregulation efforts risk being undermined by neglecting the financial sector. While other sectors have dedicated commissions, fina...
- UK car finance companies may face only minor costs from mis-selling scandal, specialist saysBritain's motor finance industry may avoid a costly scandal due to a government focus on deregulation and growth. The Supreme Court is set ...
- Government may do away with LPG subsidy for rich: Finance Minister Arun JaitleyCurrently, 12 cylinders are available to consumers at a subsidised rate of Rs 414 each (in Delhi). Beyond this will have to be purchased.
- Revenue loss on sale of subsidised diesel shrinksto a record low of 8 paise/litrePetroleum and natural gas minister Dharmendra Pradhan and petroleum secretary Saurav Chandra on Monday appraised finance minister Arun Jait...
- Partial diesel decontrol to have small impact on inflationThe government says the impact of partial deregulation of diesel prices on inflation and common man would remain "small and muted".
- Diesel deregulation: Need to look into dimensions of issue, says FM P ChidambaramChidambaram said that govt will have to look into various dimensions of the issue before taking any decision on deregulating diesel prices.
- Government should consider diesel deregulation: PMEAC Chairman C RangarajanPrime Minister's Economic Advisory Council Chairman C Rangarajan today said the government should consider decontrolling diesel prices.
- Oil companies to raise petrol prices next month; govt to review diesel ratesState refiners are preparing to raise petrol prices next month if they are not compensated for selling the fuel below market rates for poli...
- Political compulsions in way of diesel deregulation: Oil Minister S Jaipal ReddyReddy today said practical and political compulsions are deterring the government from freeing diesel pricing from its control.
- Finance Ministry to give Indian Oil, Hindustan Petroleum and Bharat Petroleum additional Rs 15,000 crFinance ministry will grant another 15,000 crore as compensation to loss-making state refiners for selling fuel below mkt rates.
- Government may free diesel prices if crude touches $150/barrelGovernment had in June last year agreed in-principle to deregulate diesel prices, as recommended by Kirit Parikh Committee.
- RBI to look into deregulation of interest rate on savingsThe Reserve Bank said it will soon set up a working group to examine the possibility of deregulation of interest rates on savings account.
- Fuel price may be cut in Feb, post-deregulationFurther cuts in petrol and diesel prices may happen only in February with the government planning to link those with an imminent deregulati...
- Petrol prices may be linked to international crude ratesThe government is believed to be considering decontrolling petrol prices, a move that may see rates being hiked by Rs 16-17 a litre, but di...
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