Aug 25, 2014 at 16:19 | Source: Moneycontrol.com
CARE Ratings has come out with its report on RBI's annual report 2013-14. According to the rating agency there are signs of a pick-up in the economy. "GDP growth will range between 5.2-5.5% and a clear view will emerge when the impact of monsoon on kharif crop is obtained", says the report.
Aug 22, 2014 at 08:11 | Source: PTI
In its annual report for 2013-14 released today, the RBI said even if the rainfall is normal in rest of the monsoon season (June to September), some deficiency will stay but it will not have a debilitating impact on the economy.
Aug 19, 2014 at 15:59 | Source: PTI
Indian steel consumption grew by just 0.6 percent in 2013-14 fiscal, its lowest in four years, to 73.93 million tonnes (MT), mainly impacted by a slower expansion of the domestic economy and lower imports.
Aug 13, 2014 at 17:38 | Source: Moneycontrol.com
Once more mutual fund space has been inundated with changes. This year the budget announcements have created an environment which will change the way investments are done in non-equity mutual funds.
Jul 22, 2014 at 15:14 | Source: Moneycontrol.com
The real estate sector is back on the governments growth radar, but given the economic situation prevailing in the country it is not surprising that the Narendra Modi led government needs to balance myriad issues while addressing growth in the coming years.
Jul 21, 2014 at 17:46 | Source: Moneycontrol.com
By: Tejesh Chitlangi, IC Legal
Jul 20, 2014 at 17:37 | Source: PTI
It said that Rs 62,543 crore was pending at the end of March 2011, Rs 70,572 crore at the end of March 2012 and Rs 1,02,581 crore at the end of March 2013.
Jul 16, 2014 at 21:31 | Source: PTI
Fitch Ratings said there are entrenched structural issues affecting the performance of the power sector of India and the solution would require a sustained and disciplined policy focus.
Jul 15, 2014 at 16:10 | Source: Moneycontrol.com
Tax slab increased to Rs. 2.5 Lakhs for citizen and Rs 3 lakhs for senior citizen. Income earned by an individual is chargeable to tax as per the slab they fall in. Individuals below the age of 60, exemption limit was previously Rs. 2 Lakhs which has been increased to Rs. 2.5 Lakhs.
Jul 15, 2014 at 14:58 | Source: Moneycontrol.com
In an attempt to boost household savings, the finance minster has announced an increase in exemption limit for investments under Section 80C of the income tax Act.