Oct 21, 2014 05:14 PM
International rating agency Moody’s Investors Service, which has a Baa3 stable rating on the country, on Tuesday said the diesel price deregulation announced over the past weekend is “credit positive”. In a note issued from Singapore,
Oct 21, 2014 03:26 PM
Finance Minister Arun Jaitley on Tuesday said the revised Constitution Amendment Bill to roll out GST would be introduced in the forthcoming Winter Session of Parliament. He also said the first “tranche” of compensation to states for their r
Oct 20, 2014 10:30 PM
In a move expected to rake in investments into the defence sector, the government on Monday allowed private defence manufacturing firms to sell equipment to state-run entities without prior approval. However, permission would be required to sell to non
Oct 21, 2014 10:00 AM
Extending its rising streak for the third straight day, the rupee appreciated by 8 paise to 61.28 against the dollar in early trade at the Interbank Foreign Exchange on Tuesday on sustained selling of the U.S. currency by exporters and banks. Forex dealers
Oct 20, 2014 10:33 PM
Gold imports jumped to $3.75 billion in September on account of the ongoing festive season. Faced with five-fold rise in gold imports that is pushing up the current account deficit, Finance Minister Arun Jaitley on Monday said the government would look
Oct 20, 2014 10:31 PM
‘Markets are pretty comfortable with the BJP mandate in Maharashtra and Haryana’ With the addition of Maharashtra and Haryana States to the BJP kitty, industry expects Prime Minister Narendra Modi to unleash ‘generation next’ ref
Oct 20, 2014 08:51 PM
The Centre is closer to finding a solution to approve a legislative scheme, which enables the introduction of Goods and Services Tax (GST), Union Minister of State for Commerce and Industry Nirmala Sitharaman said on Monday. “Several meetings have
Oct 20, 2014 07:06 PM
Contrary to popular perception, India’s Free Trade Agreements (FTAs) with Asean, Japan, Korea are not leading to significant surges in imports of consumer goods. Detailed studies commissioned by Commerce Ministry also put to rest fears that India m
Oct 20, 2014 05:51 PM
The government decision to free diesel prices will give more space to the Reserve Bank to slash interest rates earlier-than-expected, and also help in improving the overall finances of the country, says a report. The government last Saturday deregulated
Oct 20, 2014 04:56 PM
The country’s overall rice production is unlikely to slip below the level of 100 million tonnes this year despite some impact on the kharif crop in few states due to rains following ‘Hudhud’ cyclone, a top government official said. Ric
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