RBI cut in policy rate by 0.5%; Keeps CRR unchanged at 4%
Reserve Bank of India, RBI, has announced cut in policy rate by 0.5 per cent to 4-year low of 6.75 per cent. However, it kept Cash Reserve Ratio,CRR unchanged at…
Govt ready to dilute stake in PSU banks to 52%: Jaitley
TIA NEWS / Finance Minister Arun Jaitley today said that government was working on a slew of sectoral reforms, including a new law on fast track arbitration, in a bid…
SEBI orders attachment of 134 properties of Saradha Realty India Ltd
Capital markets regulator SEBI has ordered attachment of 134 properties of Saradha Realty India Ltd, a West Bengal-based firm and its chief Sudipta Sen to recover 774.3 crore rupees collected…
FMC merges with SEBI; Jaitley rang customary bell for amalgamation
AMN / Union Finance Minister Arun Jaitley today formalised the first ever merger of two regulators, over 60-year-old commodities regulatory body Forward Markets Commission (FMC) and the younger but much…
Due date for filing returns not extended, clarifies CBDT
The Central Board of Direct Taxes, CBDT has clarified that the government has not extended the due date for filing of returns and audit report due by 30th of this…
Investment scams: SEBI tightens surveillance on public media platforms
Concerned over a spurt in investment scams perpetrated through SMSes, WhatsApp and social media, Securities and Exchange Board of India (Sebi) has beefed up its surveillance on such platforms. It…
US tech titans make big promises for India during PM Modi visit to Silicon valley
AMN / Top technology titans in United State have promised several initative for India when they met Prime ministe Narendra Modi in Silicon valley yesterday. Google has assured PM to…
PM foreign visits have made unprecedented impact: FM
AMN / Finance Minister Arun Jaitley on Sunday said that Prime Minister Narendra Modi’s US visit have made an “unprecedented impact”. He said that other countries want to do more…
ADB to double lending for climate change adaptation
Asian Development Bank, ADB has decided to double its annual lending for climate change adaptation to 6 billion US Dollar by 2020. The initiative comes as world leaders adopted an…
Progress in manufacturing not enough to achieve targets of ‘Make in India’: Survey
AMN / A recent survey has said that considering the rate at which the Modi government’s ambitious ‘Make in India’ initiative is progressing, its target of creating 100 million jobs…