Dec 09, 2016 at 20:18 | Source: PTI
India can save precious foreign exchange to the tune of USD 6.12 billion from its oil import bill by 2021-22 if it achieves the targeted 20 per cent ethanol mix in transportation fuel as per the scheduled timeline, a report said today.
Dec 05, 2016 at 20:56 | Source: PTI
The central bank will also conduct an auction of 35 days Cash Management Bills under the MSS for Rs 60,000 crore tomorrow.
Dec 05, 2016 at 08:12 | Source: PTI
These new notes come against the backdrop of government last month scrapping Rs 500/1000 currency notes to crack down on black money.
Dec 03, 2016 at 18:47 | Source: CNBC-TV18
The impasse is a matter of concern for the corporates, who feel it may destabilise the economy and hurt business, said Sachin Menon, Head Of Indirect Tax, KPMG.
Nov 29, 2016 at 11:39 | Source: Reuters
The government and the Reserve Bank of India have since taken a slew of measures to ease the pain. They are detailed below in chronological order.
Nov 23, 2016 at 13:12 | Source: CNBC
The November 8 ban on high-value currency notes has sent India's economy into a tailspin, as citizens struggle to get their hands on new bills, hindered by a limited stock of freshly-printed notes, daily account withdrawal restrictions, long queues at banks and empty ATM machines.
Nov 22, 2016 at 12:54 | Source: PTI
The billionaire philanthropist's 'The Bill and Melinda Gates Foundation' partnered with a Swiss-based perfume company 'Firmenich' to create a poop smell blocker with the hope to make smelly toilets a thing of past and make a difference in communities with poor sanitation.
Nov 18, 2016 at 15:04 | Source: Reuters
Since Prime Minister Narendra Modi announced the sudden removal of 500 and 1,000 rupee notes on November 8 to crack down on corruption and forgeries, banks have been awash in liquidity as households rushed to tender their old bills - putting the brakes on a cash-reliant economy.
Nov 18, 2016 at 14:15 | Source: Reuters
Traders in Malaysia, India's largest palm oil supplier taking up half of its imports last year, say the absence of the large bills has already impacted sales. Indian buyers are delaying shipments and cancelling vessel space bookings, and the traders expect them to hold back further in the month ahead.
Nov 18, 2016 at 10:36 | Source: Moneycontrol.com
The governments decision to allow a one-time cash withdrawal limit of Rs 2.5 lakh for wedding-related spending should come as a breather for Indias Rs 3.3 lakh crore marriage industry where bills are mostly settled on cash deals.