Forex reserves fall sharply by $3.433 bn to $351.92 bn
After rising for two weeks in a row, India’s foreign exchange reserves declined sharply by USD 3.433 billion to USD 351.920 billion for the week ended 28th August. A RBI…
Compensate to consumers for calls drops: TRAI
AMN / Telecom Regulatory Authority of India, TRAI has proposed that service providers should compensate mobile subscribers for call drops and poor quality of services. Telecom regulator today released a…
IMF warns slower growth in China
The International Monetary Fund has warned slower growth in China and continuing stock market uncertainty pose a threat to global economic growth. China’s slowdown appears to have bigger repercussions for…
3 pronged strategy to regulate high airfare: Minister
Tourism Minister Dr Maheh Sharma said the government has three pronged strategy to regulate high airfare during festive seasons. In an interview to All India Radio, Mr Sharma said, the…
Govt to invest Rs 8.5 lakh cr in Railways
Minister of State for finance Jayant Sinha Thursday said government will invest 8.5 lakh crore rupees in Indian Railways to change the face of the sector. Speaking at the 55th…
Jaitley attends G-20 Finance Ministers and Bank Governors’ Meet in Turkey
AMN / The Union Finance Minister Arun Jaitley left for Turkey today to participate in the two-day Conference of G-20 Finance Ministers and Central Bank Governors. The two-day Meet will…
FMC to be merged with SEBI from Sep 28
Government today notified the merger of commodities market regulator Forward Markets Commission (FMC) with SEBI with effect from 28th of this month. An official press release said, Finance Minister Arun…
US and India make great progress in trade: US Ambassador to India
AMN / US Ambassador to India Richard R Verma has said that the both the US and India have made great progress in two-way trade and investment and stressed to…
Deflation new challenge for economy: Chief Economic Advisor
AMN Chief Economic Advisor Arvind Subramanian, has said the price deflation is the real challenge looming ahead. He however said the overall economic growth was in the right direction and…
Govt nod to import of 5000 tonnes of Tur Dal and Urad Dal
AMN / The Cabinet today gave its nod to import of 5000 tonnes of Tur Dal and 5000 tonnes of Urad Dal by MMTC for retail distribution to consumers by…