India ready to deal with US interest rate hike: Fin Min
Economic Affairs Secretary Shaktikanta Das has said the government and RBI are prepared for all eventualities in case of a possible rate hike by US Federal Reserve. Speaking at a…
WPI inflation falls to 4.95 % in Aug
AMN / The Wholesale Price Index (WPI) inflation fell for the tenth straight month, plunging to a historic low of minus 4.95 percent in August on cheaper fuel and vegetables.…
India, US to increase bilateral trade to 500 billion dollar: Jaitley
AMN / India’s Finance Minister Arun Jaitley today invited US businesses to take advantage of the huge investment opportunity in the infrastructure sector in India and raise bilateral trade to…
FIs pull out Rs 7,000 Cr from capital markets in 2 weeks
Foreign investors have pulled out nearly 7,000 crore rupees from the capital markets in about two weeks mainly on account of a combination of global and domestic issues. Foreign portfolio…
FSSAI proposes ban on sale of nutraceuticals as medicines
Food Safety and Standards Authority of India, FSSAI has proposed a ban on the sale of health supplement products as medicines. Under the draft regulations published in official gazette, the…
IT Department to send refunds in 7 days
The Income Tax Department will now process and send refunds in a short time of 7 to 10 days as its latest technology upgrade of electronic and Aadhaar-based Income Tax…
State FMs to meet on Sept 15 to finalise model GST rules
AMN / Empowered Committee of State Finance Ministers will meet on September 15 to finalise the model legislations that have to be approved by state legislatures for roll out of…
Indra Nooyi among Fortune’s powerful women in business list
PepsiCo CEO Indra Nooyi is the sole Indian-origin executive in Fortune’s list of 50 most powerful women in business, which has been topped by General Motors CEO Mary Barra. India-born…
India’s Industrial output grows at 4.2 % in July
Growth in the country’s industrial production improved to 4.2 per cent in July this year, from 0.9 percent growth in July last year, as manufacturing activity and offtake of capital…
Govt to import of 5000 MT of Tur Dal ; Minimum Export Price of Onion raised
AMN / Government has decided to import an additional 5000 MT of Tur Dal to increase the availability and control prices of pulses. Import of 10,000MT of Tur and Urad…