Feb 13, 2017 at 11:00 | Source: PTI
"The Indian government's decision to remove a high proportion of currency notes from circulation in November 2016 has proved negative for the performance of Indian auto asset backed securities (ABS) in the short term, leading to a 1.3 percent decline in collections for November and December 2016," it said in a report.
Feb 06, 2017 at 08:19 | Source: Reuters
In last week's federal Budget, Finance Minister Arun Jaitley set a 725 billion rupees (USD 10.76 billion) target for divestment in the 12 months from April 1, up from a revised 455 billion rupees goal in the current fiscal year.
Feb 01, 2017 at 17:16 | Source: PTI
The Minister also proposed to reduce the time for completion of scrutiny assessments from 21 months to 18 months for Assessment Year 2018-19 and further to 12 months for Assessment Year 2019-20 and thereafter.
Feb 01, 2017 at 16:40 | Source: PTI
Aiming to double farmers' income by 2022, the government today increased agri-credit target by 11 percent to Rs 10 lakh crore for next fiscal and announced two dedicated funds with a corpus of Rs 13,000 crore to promote micro irrigation and dairy processing.
Feb 01, 2017 at 13:16 | Source: PTI
Union Bank of India jumped 4.34 percent, Bank of Baroda rose 3.27 percent, SBI went up 3.13 percent and PNB gained 3.12 percent on BSE.
Feb 01, 2017 at 12:32 | Source: Moneycontrol.com
Announcing the setup of a rail safety corpus, Finance Minister Arun Jaitley in his Union Budget speech proposed to invest Rs 1.3 lakh crore in Indian Railways in the fiscal year 2017-18.
Jan 05, 2017 at 17:25 | Source: Moneycontrol.com
The railway ministry may push for a special levy on train fares to create a dedicated Rs 1.2 lakh crore safety fund; finance ministry likely to finance 25 percent of the this fund
Nov 30, 2016 at 19:00 | Source: PTI
The revision in rates announced by Indian Oil Corp (IOC), the nation's biggest fuel retailer, is excluding state levies (VAT) and the actual change will be higher after considering them.
Nov 10, 2016 at 07:52 | Source: PTI
"Following Reserve Bank of India (RBI) directions, J&K Bank Business Units (Branches) and offices will remain open for public transactions this Saturday (November 12) and Sunday (November 13)", Incharge for Corporate communication of JK Bank, Sajjad Bazaz said.
Oct 24, 2016 at 14:10 | Source: PTI
With privatisation of PSUs being considered after a gap of over 12 years, the ministry feels that valuation of equity becomes important in the case of strategic sale of companies that are not listed or in cases where capital markets may not fully reflect the intrinsic worth of a share disinvested earlier.