Call drops issue will be resolved within a month: Ravi Shankar Prasad
AMN / NEW DELHI: Union Communications and IT Minister Ravi Shankar Prasad today said that call drops issue will be resolved within a month. Speaking at a function here today,…
RBI approves 10 entities to set up small finance banks
Seeking to promote financial inclusion, the RBI has granted approval to 10 entities, in principle, to set up small finance banks to provide basic banking services to small farmers and…
Govt removing obstructions to push up investment: Sitharaman
AMN Commerce and Industry Minister Nirmala Sitharaman has said the government is working to streamline procedures and policies to promote domestic and foreign investments in the country. Speaking at India…
RBI is well prepared to deal with US Fed impact: Jayant Sinha
The Finance Ministry today said that India has built multiple layers of defence to deal with a possible US Federal Reserve’s first hike in interest rates in nine years, and…
Centre to resolve outstanding tax disputes soon: Jaitley
TIA NEWS / Finance Minister Arun Jaitley today said that the government would resolve outstanding tax disputes over the next few days through judicial or executive resolutions. Addressing India Economic…
Weak monsoon likely to reduce Kharif foodgrain output by 2%
The country’s foodgrain production is projected to decline by 1.78 per cent to 124.05 million tonnes in this Kharif season due to poor monsoon. Foodgrain output was 126.31 million tonnes…
Indian economy to grow 7.2% this fiscal: OECD
Organisation for Economic Cooperation and Development OECD has said that India is projected to grow at a slightly lower pace than expected earlier at 7.2 per cent this fiscal. Releasing…
Govt approves promulgation of Negotiable Instruments Ordinance
AMN / The Union Cabinet today approved a proposal to promulgate the Negotiable Instruments (Amendment) Ordinance, 2015. The ordinance provides for filing of cheque bounce cases at the place where…
Govt approves scheme to provide urban facilities in rural areas
TIA NEWS / The Union Cabinet today approved a scheme to transform rural areas into economically, socially and physically sustainable spaces. Named as Shyama Prasad Mookerjee Rurban Mission, SPMRM, the…
India’s Exports dip for 9th month in a row; Decline 20.7% in Aug
Contracting for the ninth straight month, the country’s exports plunged 20.7 per cent in August this year, to 21.3 billion dollars. The export slump was due to the global economic…