Import Duties Likely to be Raised, Gold to be Excluded from the Hike
Permalink

Import Duties Likely to be Raised, Gold to be Excluded from the Hike

New Delhi: In its bid to shore up the rupee, the Centre is likely to impose higher import duties on precious stones, certain types of steel and electronics…

Continue Reading →

Government to Ensure Adequate Liquidity in NBFCs, Says Jaitley
Permalink

Government to Ensure Adequate Liquidity in NBFCs, Says Jaitley

New Delhi: Finance Minister Arun Jaitley said on Monday the government was ready to take all measures needed to ensure liquidity is available to non-banking financial companies (NBFCs),…

Continue Reading →

Tamil Nadu Government Won’t Re-open Sterlite Plant
Permalink

Tamil Nadu Government Won’t Re-open Sterlite Plant

Chennai: The Tamil Nadu government asserted that the Sterlite Industries’ plant in Tuticorin would not be re-opened as its policy decision to seal the Vedanta Ltd unit was…

Continue Reading →

Government Looking Forward to Bring Down the Number of PSBs
Permalink

Government Looking Forward to Bring Down the Number of PSBs

New Delhi: In order to bring down the number of PSBs, the smaller state-run banks have been asked by the government to consolidate operations in the same geography.…

Continue Reading →

Gold weakens on muted demand, global cues
Permalink

Gold weakens on muted demand, global cues

New Delhi: Gold prices softened by Rs 10 to Rs 31,650 per 10 grams at the bullion market Thursday on weak demand from local jewellers amid subdued trend…

Continue Reading →

Government Planning another Bank Merger, PNB, OBC and Andhra Bank on the List
Permalink

Government Planning another Bank Merger, PNB, OBC and Andhra Bank on the List

New Delhi: It seems Government is looking bank merger as the possible solution to fight bad loans. According to a source, the government is analyzing the merger of…

Continue Reading →

SEBI Ready to Release Revised Circular on KYC Norms for FPIs
Permalink

SEBI Ready to Release Revised Circular on KYC Norms for FPIs

New Delhi: In a major relief to foreign portfolio investors, markets regulator, SEBI (Securities and Exchange Board of India) on Tuesday said it will release a revised circular…

Continue Reading →

Karnataka Govt Reduces Rs 2 on Fuel Prices, Ramdev Offers Fuel at Rs 35-40 per Litre
Permalink

Karnataka Govt Reduces Rs 2 on Fuel Prices, Ramdev Offers Fuel at Rs 35-40 per Litre

New Delhi: As fuel prices are touching new records every day with Petrol hitting Rs 82.06 per litre mark in the capital and almost Rs 90 mark in…

Continue Reading →

Under GST, E-commerce Sector to Shell Out 2 per cent TCS from October
Permalink

Under GST, E-commerce Sector to Shell Out 2 per cent TCS from October

New Delhi: E-commerce players will have to shell out tax collected at source (TCS) at up to 2 per cent under the goods and services tax (GST) from…

Continue Reading →

Government to inject competition in the power distribution sector: Power Secretary
Permalink

Government to inject competition in the power distribution sector: Power Secretary

New Delhi: Power Secretary Ajay Kumar Bhalla said that the government is injecting competition in the power distribution sector through content and carriage reforms to make the supply…

Continue Reading →