Banks reduce lending rates; Home and Car loans to be cheaper
AMN Hours after the Reserve Bank announce rate cut, country’s largest public sector bank SBI slashed its lending rate by 0.40 per cent to 9.3 percent. The bank in a…
Revenue Secretary holds meeting to seek industry views on tax policies
Revenue Secretary Hasmukh Aadhia, has started holding detailed meetings from today onwards with industry and business representatives of major national chambers in order to generate new ideas for tax policy…
Sensex responds positively to RBI Rate Cut
Following the Reserve Bank’s rate cut, the Sensex at the Bombay Stock Exchange recovered smartly from initial big losses, and had gained a good 304 points, to 25,921 in afternoon…
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…