Mar 04, 2015 at 08:55 | Source: Moneycontrol.com
In a surprise move, the Reserve Bank of India (RBI) today cut the benchmark repo rate by 25 basis points to 7.5 percent. Analysts said the out-of-cycle interest-rate cut confirms the central bank has definitively embarked on its much-awaited easing cycle.
Mar 03, 2015 at 18:11 | Source: PTI
Recently, the government infused Rs 6,990 crore into nine out 28 state-run banks, based on their return on equity and return on assets against a budgeted Rs 11,200 crore.
Mar 03, 2015 at 15:23 | Source: SME Mentor
To help our SMEs and exporter community read the fine print of the Budget, we recently conducted a live chat with Mr. Ajay Sahai, Director General & CEO, Federation of Indian Export Organizations (FIEO).
Mar 02, 2015 at 16:36 | Source: Reuters
Government bonds fell and swap rates surged on Monday on concerns the central bank would delay interest rate cuts after the Budget set a higher-than-expected fiscal deficit target.
Feb 28, 2015 at 19:15 | Source: Moneycontrol.com
According to Radhika Rao, Economist at DBS Bank, "The budget is pragmatic and positive and await to see if the contents ticked all the boxes for the central bank to ease rates. Our initial sense is that the budget as a stand-alone might not be enough reason for an immediate rate reaction from the central bank."
Feb 28, 2015 at 13:57 | Source: Moneycontrol.com
The Central Statistics Office has recently released a new series for GDP, which involves a number of changes relative to the old series. Based on the new series, estimated GDP growth for 2014-15 is 7.4%. Growth in 2015-16 is expected to be between 8 to 8.5%. Aiming for a double-digit rate seems feasible very soon.
Feb 28, 2015 at 12:26 | Source: PTI
Experimenting in cutting edge technologies, creating value out of ideas, initiatives and creating them into scalable enterprises and businesses is at the core of our strategies," he said while presenting the Budget for 2015-16 in the Lok Sabha.
Feb 26, 2015 at 19:36 | Source: PTI
Hailing the Rail Budget as "progressive and well thought out", Labour Minister Bandaru Dattatreya on Thursday said it would improve amenities and infrastructure without burning a hole in passgengers' pockets.
Feb 26, 2015 at 12:50 | Source: Moneycontrol.com
The year 2012 was a year for retrospective amendments whereby the Central Government carried out multiple controversial amendments. The move of the Government not only deteriorated the investment climate of the country but also created a fuss as to the certainty of income tax implications under Indian tax laws.
Feb 25, 2015 at 14:09 | Source: Moneycontrol.com
The government must synchronise various central and state laws such as, stamp duty laws, local body licenses, and ensuring minimum lead time for implementation of policy decisions at Centre and State levels