Electoral bonds worth Rs 10,246 crore sold in 21 tranchesSBI has been authorised to issue and encash electoral bonds through 29 authorised branches. The authorised SBI branches include those in Lu...
Lok Sabha passes bill to amend general insurance law without debateNew Delhi, Aug 2 (PTI) A bill to amend the general insurance law to allow the government to pare its stake in state-owned insurers was pass...
Need for relook at differential rates structure to help MSME: ExpertsUnder the differential rates structure, the companies with high credit rate get loans from lending institutions at low rates, while those n...
Lok Sabha passes legislation to bring cooperative banks under RBI's supervisionReplying to the debate on the bill, Finance Minister Nirmala Sitharaman said this legislation is for depositors' safety and not for undermi...
Retail inflation to come down with easing of lockdowns, says Chief Economic AdviserAs far as growth is concerned, India's economy suffered its worst slump on record in April-June, with the gross domestic product (GDP) cont...
Growth decline due to intense lockdown; V-shaped recovery visible in some sectors, says CEACiting some examples, he said railway freight traffic, which is often a good indicator of economic activity, has reached 95 per cent of the...
COVID-19 to have significant deflationary impact due to demand evaporation: CEACOVID has a deflationary impact because demand for non-essential goods and services will go down, he said.
Covid-19: Govt to transfer financial assistance only through DBT mechanismNew Delhi, Apr 16 () The finance ministry on Thursday clarified that financial assistance to people hit by the Covid-19 crisis will be prov...
North eastern states witness over 30% growth in Apr-Jul GST collectionIn absolute terms, the total tax collection during April-July of this fiscal year rose to Rs 3.56 lakh crore, as per the data accessed by .
Panel seeks changes in passport Act to prevent fraudsters from fleeing IndiaThe home ministry had constituted a panel to look into the issue of Indian passport holders obtaining duel citizenship as has been the case...
Government fixes rate at Rs 2987/gm for Sovereign Gold BondThe government today fixed the purchase price of Sovereign Gold Bond (SGB) at Rs 2,987 per gram the subscription for which will open on Oct...
'GST Council may lower tax rates if high collections continue'The tax reduction could be either on items of common consumption or a cut in headline rate which will benefit consumers, said the official ...
Not in race of Finance Minister: Deepak ParekhDays ahead of swearing-in of new government, industry doyen and HDFC Chairman Deepak Parekh has said he was not in the race to become Finan...
India may raise orthodox tea output this yearIncidentally, in the first half of 2012, prices of orthodox tea had crashed as there was very little buying from Iran.
- Goverment to soon finalise norms for Infrastructure Debt Fund
"IDF note will go before Cabinet shortly and we will announce it after it is approved," Finance Minister P Chidambaram said.
- Banks fix base rate between 7 and 8.5 per cent
Several banks today fixed their minimum lending or base rate at as high as 8.5 per cent, even as some private players, including HDFC Bank,...
- NCAER sees inflation up at 5.11 pc
Hardening crude oil and metal prices may push up inflation to 5.11 per cent for the current fiscal, higher than the Reserve Bank's estimate...