RBI sends second list of 26 defaulters to banks
Mumbai: The Reserve Bank of India (RBI) has sent a second list of at least 26 defaulters TO commercial banks with which it wants creditors to start the process of…
Centre asks states to control onions prices
AMN / NEW DELHI The Centre today said it is taking measures to bring down prices of onions to a reasonable level to give immediate relief to consumers. In a…
No shortage of sugar for domestic consumption: Govt
AMN Government has said there is no shortage of sugar for domestic consumption in the country. In series of tweets, Food Minister Ram Vilas Paswan today said, Centre has imposed…
I-T dept again warned people against cash dealings of Rs 2 lakh or more
AMN The Income Tax Department once again warned people against cash dealings of 2 lakh rupees and more, saying any violation of this cap will invite strict penalty under law.…
FIMI demands rationalisation of tax
Vinit Wahi / NEW DELHI Stating that Indian mining sector is very heavily taxed, both compared to international as well as other domestic sectors level, it has demanded rationalisation of…
Global Crude oil price of Indian Basket was $ 51.04/bbl on Aug 25
AMN The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 51.04…
India FDI jumps 37% to $10.4 billion
WEB DESK Foreign direct investment, FDI, into the country grew by 37 per cent to 10(point)4 billion US Dollar during the first quarter of the current fiscal. According to the…
SC rejects FIMI, Vedanta plea against e-auction of iron ore in Karnataka
The Supreme Court today rejected the pleas of the Federation of Indian Mineral Industries (FIMI) and Vedanta seeking scrapping of e-auction of iron ore in Karnataka. A bench of Justices…
Govt notifies Banking Regulation (Amendment) Act
The government has notified the Banking Regulation (Amendment) Act. The Act authorises the Reserve Bank of India, RBI to issue directions to banks to initiate insolvency resolution process to recover…
Jan Dhan, Aadhaar, Mobile trinity , JAM ushered in social revolution
By Arun Jaitley Three years ago today, Prime Minister Narendra Modi announced a flagship program: Pradhan Mantri Jan Dhan Yojana (PMJDY) aimed at providing financial services to the poor. These…