IMF, WTO warn US over new steel and aluminium tariffs
WEB DESK The International Monetary Fund has warned that the steel and aluminium tariffs announced by US President Donald Trump will harm the US and global economies. IMF spokesman Gerry…
Public sector banks to consolidate 35 overseas operations
The government has asked Public Sector Banks (PSBs) to consolidate 35 overseas operations. Financial Services Secretary Rajiv Kumar said in a tweet that 69 overseas operations have also been identified…
Cabinet approves Establishment of National Financial Reporting Authority
AMN / New Delhi The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for establishment of National Financial Reporting Authority (NFRA) aiming NFRA as an independent…
Govt double guarantee for procurements of pulses, oilseeds at MSP
AMN The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the regularization and extension of Govt. Guarantee provided to lender Bank for providing credit limit…
India is on a de-regulation and de-licensing drive: PM Modi
AMN /NEW DELHI Prime Minister Narendra Modi said, his government is working with the mission of Transforming India from an old civilization into a modern society, an informal economy into…
India expects record food grains production in 2017-18
Total food grain production estimate hits record high of 277.49 million tonnes Total Pulses production estimated at record 23.95 million tonnes Total Oilseeds production estimate reaches 29.88 million tonnes Sugarcane…
No extension beyond Feb 28 for KYC-compliance by prepaid wallet customers: RBI
AMN The Reserve Bank of India has said there will not be any extension to tomorrow’s deadline for mandatory KYC-compliance by prepaid wallet customers. Deputy governor BP Kanungo told reporters…
Infrastructure development in rural areas, is govt highest priorities: Jaitley
AMN / NEW DELHI Union Finance Minister Arun Jaitley today said that India was on a high growth trajectory since last few years and the country aspires to fasten the…
Jaitley’s NO to privatisation of state-run banks
AMN / New Delhi Following the massive scam at that state run Punjab National Bank by accused diamond trader Nirav Modi, Finance Minister Arun Jaitley on Saturday ruled out privatisation…
PM Modi is my favourite entrepreneur: Uber CEO
AMN Prime Minister Narendra Modi and Uber CEO Dara Khosrowshahi discussed ways to create economic opportunities for a new generation of micro-entrepreneurs and help India become a $5 trillion economy…