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…
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…
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…
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…
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…
Jaitley asks Turkish industries to invest in India’s smart city
AMN / Promising a rational tax regime and easier business environment, Finance Minister Arun Jaitley called upon Turkish industry leaders to invest in smart city projects, textiles, food processing and…
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…
India among few bright spots in global economy: IMF
International Monetary Fund has said that India is among the few bright spots in the global economy. The remarks from IMF Chief Christine Lagarde came at the meeting of G20…