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INDIA FIN MIN
Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...- Higher petrol, diesel prices threaten to rekindle inflation pressures: ReportFuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflatio...
- RBI likely to keep status quo on policy rate as threats loomA majority of economists polled by ET predict the Reserve Bank of India will hold its policy rate steady at the upcoming June meeting. This...
- Transport association urges government to cut fuel prices as crude falls to $90/barrelThe All India Motor & Goods Transport Association is calling on the Central Government to lower petrol and diesel prices. They point to a s...
- India may have found a new export tailwindIndia's weakening rupee is boosting export competitiveness. This adjustment helps Indian goods and services become more affordable globally...
- India faces test of oil, inflation and monsoon risks despite economic resilience, FinMin report showsIndia's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are...
- Indian banks more exposed to West Asia crisis among APAC region: Moody'sIndian banks face significant exposure due to energy import reliance. Higher fuel costs will strain consumers and businesses, increasing cr...
- Finance Ministry's monthly economic review sees food inflation falling in coming months on rain bountyAs per latest data, retail inflation in India came down to to 3.5 per cent in July 2024, the lowest since September 2019, primarily because...
- Finance Ministry reports soaring tax collections, swift refunds and streamlined filing in 2023Ministry of finance posed on X, "Steady growth in Direct Tax collections! Net collection in FY 2023-24 (upto 30.11.2023) is 23.4 per cent h...
- Sanjay Malhotra takes over as Revenue SecretaryPrior to this assignment, Sanjay Malhotra was Secretary in the Department of Financial Services. He is a 1990-batch IAS officer of THE Raja...
- FimMin may meet RBI on Thursday to discuss IDBI Bank strategic saleAs per ET NOW sources, FinMin is seeking certain relaxation from the RBI for the strategic sale. At present, there are limitations as to wh...
- Finance Ministry says it fully respects RBI's autonomy"There has been a report in sections of the Press that some unions have alleged infringement of the autonomy of the Reserve Bank of India, ...
- Twitterati roots for agriculture on finance ministry's Budget pollThe ministry is running a poll on its official Twitter handle—@FinMinIndia—which is on for six more days, till January 13.
- Sensex, Nifty end at record closing highs; Hindalco, SBI top gainersThe Sensex also closed at record high of 26419.55 after posting an impressive rally of 148 points intraday, supported by gains in banks & c...
- Nifty on a roll, Sensex rallies; top 20 trading ideasThe S&P BSE Sensex posted an impressive rally of 148 points, supported by gains in banks, capital goods, oil & gas and metal stocks.
- Sensex closes 190 points up; Nifty reclaims 7600 levelsNifty also closed above its crucial psychological resistance level of 7600, supported by gains in realty, banks, and auto stocks.
- Sensex on a strong footing, Nifty holds 7600; top 20 trading ideas"With some kind of choppiness and volatility, the Nifty might head towards the levels of around 7460-7480," said Mitesh Thacker.
- Sensex under pressure; top 20 intraday trading ideas from expertsThe rupee too extended its fall to near four-and-a-half month low as broad gains in the dollar versus other majors and Asian units hurt.
- DoT maps out 3G spectrum availability for the first timeThe Department of Telecom (DoT) has finally mapped out the availability of third generation airwaves that can be put up for the upcoming au...
- Finance Ministry recommends double the minimum price for 3G spectrumThe Finance Ministry has asked the Communications Ministry to double the minimum price for 3G spectrum bids to Rs 4,040 crore for a pan-Ind...
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