Petrol prices cut by Rs 2 per litre, diesel 50 paise
Petrol prices have been cut by Rs 2 per litre and diesel by 50 paise including VAT. The new rates will come into effect from midnight tonight. Now, petrol will…
Lapse of Land Ordinance not a setback for govt: Arun Jaitley
TIA NEWS / Finance Minister Arun Jaitley today said the decision to let the land acquisition ordinance to lapse is not a setback for the government. In an interview to…
RBI asks financial entities to be ready to comply with FATCA
RBI has asked all banks and financial institutions to be prepared for the implementation of Foreign Account Tax Compliance Act – FATCA. In a notification yesterday, RBI said that India…
MMTC to import onion from Pakistan
AMN / State-owned MMTC has invited bids for import of 10,000 tonnes of onion from countries like Pakistan, Egypt, China and Afghanistan to boost domestic supply and check prices.This is…
Centre asks Maharashtra to frame own exports policy
AMN Union Commerce Secretary Rita Teaotia has asked the Maharashtra government to frame its own exports policy and create a traders facilitation centre to resolve the grievances of exporters. Ms.…
India’s External Debt stand at US$ 475.8 Billion, shows an Increase of 6.6%
AMN India’s External Debt at End-March 2015 stood at US$ 475.8 Billion,which reflects an Increase of US$ 29.5 Billion (6.6 Per Cent) over the level at End-March 2014. According to…
Gold down by Rs 380 to Rs 26,650 per ten grams
Gold fell for the third straight day, losing 380 rupees, to 26,650 rupees per ten grams at Delhi’s bullion market, on slack demand from jewelers, and negative global cues. Silver…
India, Germany to explore other ways to exchange info on tax
AMN / India and Germany have agreed to explore other possibilities to enhance exchange of information related to tax. They also agreed to resume negotiations on partial revision of the…
RBI asks banks to use machines to check authenticity of notes
AMN / RBI has asked banks to examine the authenticity of banknotes tendered over the counter through machines. It is part of an effort to minimise the circulation of fake…
India’s Economic growth still below levels: RBI Governor
Our Spl Correspondent / Reserve Bank of India, RBI Governor Raghuram Rajan has said that despite immense efforts by the government and the apex bank, the stability of Indian economy…