NewDelhi : The big reforms undertaken by the Government of India for raising economic growth and maintaining macroeconomic stability have made India one of the fastest growing major economies in the world, said Subhash Chandra Garg, Secretary, Department of Economic Affairs (DEA), Ministry of Finance.
Shri Garg was addressing the Special Read More
Mumbai : YES BANK, India's fourth largest private sector bank has received Reserve Bank of India's (RBI) approval to open two representative offices in London and Singapore. 1his is in continuation with YES BANK's international foray to expand services to the NRI population living in London and Singapore and to Read More
NewDelhi : The e-Way Bill system for intra-State movement of goods would be implemented in six more states from 20th April. These states are Bihar,Jharkhand,Haryana,Himachal Pradesh,Tripura,Uttarakhand.
As on 15th April, 2018, e-Way Bill system for intra-State movement of goods has been rolled out in the States of Andhra Pradesh, Gujarat, Karnataka, Kerala, Telangana Read More
NewDelhi : The annual rate of inflation, based on monthly WPI, eases to 2.47% (provisional) in March, 2018 (over March, 2017) as compared to 2.48% (provisional) for the previous month and 5.11% during the corresponding month of the previous year. Build up inflation rate in the financial year so far Read More
NewDelhi : The Odisha government is facing a new challenge. With rise in rice production and increased government procurement the State is facing severe scarcity of storage space.
As the State Government is getting ready for Custom Milled Rice (CMR) from the Millers by end of April for Rabi Season Procurement, Read More
NewDelhi : Five states Andhra Pradesh, Gujarat, Kerala, Telengana and Uttar Pradesh will roll out Intra-state e-Way Bill from 15th of this month. With the roll-out of e-Way Bill system in these States, it is expected that trade and industry will be further facilitated insofar as the transport of goods Read More
Mumbai: Bank of Maharashtra has kept its Marginal cost based lending rates (MCLR) unchanged for the period effective from 7th April. The overnight MCLR has remain at 8.10%, one month MCLR at 8.15%, three month MCLR at 8.20%, Six month MCLR at 8.55% and one year at 8.65%.
On the other Read More
NewDelhi : The major ports in India have recorded a growth of 4.77 per cent and together handled 679.35 Million Tonnes of cargo during the period April 2017 to March 2018 as against 648.39 Million Tonnes handled during the corresponding period of previous year. Nine Ports - Kolkata (including Haldia), Read More
NewDelhi : A 19-point Action Plan for Startups was launched in January 2016. The Action plan covers areas of Simplification and Handholding, Funding Support & Incentives and Industry-Academia partnership and incubation. Department of Industrial Policy & Promotion, Ministry of Commerce & Industry is the nodal Ministry for successful implementation of the Read More
As we forayed into 2018, Indian markets were scaling all-time highs with the BSE Sensex breaching 36,400 levels. This unidirectional Bull Run led a majority of retail investors to believe that equities are a zero-risk asset class.
Suddenly, we saw flows to the tune of Rs 21,069 crores in January month Read More