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moneycontrol.com

Economy

  • It`s not a big negative if there are no rate cuts: SBI Chairman

    It's not a big negative if there are no rate cuts: SBI Chairman  

    Speaking to CNBC-TV18, Arundhati Bhattacharya, Chairman, SBI, said it it won’t be a big negative, if there are no rate cuts. But she did say that a rate cut brings in more confidence. A whole of experts, and industry experts als...

    29 Aug 2016, 5.50 pm  |  Source: CNBC-TV18

  • Next year`s Union Budget may be tabled on Jan 31 or Feb 1: Srcs

    Next year's Union Budget may be tabled on Jan 31 or Feb 1: Srcs   

    The Winter Session of the Parliament may also be advanced if the Budget Session is shifted to January, say sources. The call on advancing the Budget Session and Winter Session's date will be taken together.

    29 Aug 2016, 4.54 pm  |  Source: CNBC-TV18

  • Jaitley wants Indo-US trade on firmer footing, hardsells NIIF

    Jaitley wants Indo-US trade on firmer footing, hardsells NIIF  

    US Secretary of Commerce Penny Pritzker, in her meeting with Jaitley, too said the US wants to institutionalise the trade relations between the two countries to give it an impetus. There is "a great potential to increase the bilat...

    29 Aug 2016, 3.40 pm  |  Source: PTI

  • Indo-US trade ties have broken every record: US envoy

    Indo-US trade ties have broken every record: US envoy  

    The enhanced bilateral relations are a result of a significant increase in government-to-government dialogue, US Ambassador Richard Verma said.

    29 Aug 2016, 3.18 pm  |  Source: PTI

  • Telangana Assembly special session on Aug 30 to ratify GST Bill

    Telangana Assembly special session on Aug 30 to ratify GST Bill  

    Governor ESL Narasimhan has also issued a notification authorising the Assembly Speaker and Council Chairman to convene both the Houses respectively tomorrow at 11 AM.

    29 Aug 2016, 3.12 pm  |  Source: PTI

  • Govt to amend norms in 15 days for fixing prices of 350 drugs

    Govt to amend norms in 15 days for fixing prices of 350 drugs  

    Addressing the foundation day of the National Pharmaceutical Pricing Authority (NPPA), the Chemicals and Fertiliser Minister said the prices of nearly 900 medicines have been fixed under the Drugs (Prices Control) Order, (DPCO) 20...

    29 Aug 2016, 2.52 pm  |  Source: PTI

  • GST will make consumer goods cheaper, boost jobs: CBEC

    GST will make consumer goods cheaper, boost jobs: CBEC  

    "... (GST will) create a unified common national market for India, giving a boost to foreign investment and Make in India campaign," the Central Board of Excise and Customs (CBEC) said in an advertisement in major newspapers.

    29 Aug 2016, 2.44 pm  |  Source: PTI

  • Indo-US CEO Forum to review progress on boosting business ties

    Indo-US CEO Forum to review progress on boosting business ties  

    Besides, the two sides are likely to discuss innovation and entrepreneurship, various other policies and measures to further trade ties between both the countries.

    29 Aug 2016, 1.04 pm  |  Source: PTI

  • Maha Legislature session to consider ratification of GST Bill

    Maha Legislature session to consider ratification of GST Bill  

    In the Assembly, Finance Minister Sudhir Mungantiwar tabled a resolution to ratify the GST Bill, while Minister of State for Finance Deepak Kesarkar introduced it in the Council.

    29 Aug 2016, 1.00 pm  |  Source: PTI

  • MP CM in US to woo investors, says state `ideal` for investment

    MP CM in US to woo investors, says state 'ideal' for investment  

    "Madhya Pradesh is the heartland of India and is an ideal destination for investment. It is conducive to business and we have put in place investor friendly policies for various sectors to ensure ease of doing business for the for...

    29 Aug 2016, 12.46 pm  |  Source: PTI

  • Salt export decreases

    Salt export decreases  

    While 71084 tonnes of salt was exported in 2014-15 it was to 36,918 tonnes in 2015-16, mainly due to competition from Gujarat and other countries including Iran and Pakistan entering export markets.

    29 Aug 2016, 12.14 pm  |  Source: PTI

  • Raj Thackeray favours collection of GST by local bodies

    Raj Thackeray favours collection of GST by local bodies  

    Raj was speaking to newsmen last evening here where he came to thank and appreciate the 'Govindas' who had gone ahead with the Dahi Handi celebrations as usual despite the SC curb.

    29 Aug 2016, 12.14 pm  |  Source: PTI

  • Expect 8% GDP growth in FY17 on back of good monsoon: Das

    Expect 8% GDP growth in FY17 on back of good monsoon: Das  

    "Agriculture production is expected to be much better than previous two years and definitely agriculture will contribute significantly to the GDP," Das added on the sideline of a conference on 'International Arbitration in BRICS: ...

    29 Aug 2016, 10.24 am  |  Source: PTI

  • Saarc FMs meet focused on trade, tax avoidance pacts: Das

    Saarc FMs meet focused on trade, tax avoidance pacts: Das  

    The Saarc Finance Ministers meeting concluded in Islamabad. Finance Minister Arun Jaitley did not attend the conference because of political reasons.

    29 Aug 2016, 10.24 am  |  Source: PTI

  • Goldman Sachs revises up FY17 CPI forecast to 5.5%

    Goldman Sachs revises up FY17 CPI forecast to 5.5%  

    According to the global major, narrowing of the output gap and abating favourable base effects from weak commodity prices may lead to an rise in inflation.

    29 Aug 2016, 9.28 am  |  Source: PTI

  • CSCs to roll out 13 skill-based programmes in September

    CSCs to roll out 13 skill-based programmes in September  

    The short duration programmes involve basic level, and, in some cases, advanced level courses in areas such as electrical repair, assistant motor mechanic for two-wheeler and four wheeler, welding, mobile repair and even cybersecu...

    29 Aug 2016, 9.24 am  |  Source: PTI

  • Banks not fully understanding problems of SMEs: Sitharaman

    Banks not fully understanding problems of SMEs: Sitharaman  

    RBI, which has maintained key interest rate at 6.5 percent since April this year citing inflationary concerns, is scheduled to hold its next policy review on October 4.

    29 Aug 2016, 8.28 am  |  Source: PTI

  • Centre working to provide farm loans in timely manner: Agri Min

    Centre working to provide farm loans in timely manner: Agri Min  

    "The central government is working expeditiously to provide agriculture loans to farmers according to their needs and in a timely manner," Singh said at the annual conference of the Kota Co-operative Societies Ltd.

    29 Aug 2016, 8.08 am  |  Source: PTI

  • Mathura-Vrindavan to be developed as tourist hub: Mahesh Sharma

    Mathura-Vrindavan to be developed as tourist hub: Mahesh Sharma  

    Talking to reporters at Vrindavan, the Union Minister of State (independent charge) for Tourism and Culture said, "A scheme has been chalked out to develop Vatsalya Gram as a tourist centre and a proposal has been prepared to deve...

    29 Aug 2016, 7.48 am  |  Source: PTI

  • Service tax mop-up from Mumbai jumps 23% in Apr-Jul

    Service tax mop-up from Mumbai jumps 23% in Apr-Jul  

    Service tax collection from Mumbai zone has surged by nearly 23 percent during the first four months of the fiscal over the year-ago period and has also surpassed the set target.

    28 Aug 2016, 11.44 am  |  Source: PTI

  • FPIs stay bullish, pour Rs 8,000-cr in equities in Aug

    FPIs stay bullish, pour Rs 8,000-cr in equities in Aug  

    Building on their buying momentum, foreign investors have pumped in over Rs 8,000 crore in Indian stock markets so far this month, driven by global and domestic factors.

    28 Aug 2016, 11.44 am  |  Source: PTI

  • Swamy targets GSTN again, to write to Amit Shah, BJP CMs

    Swamy targets GSTN again, to write to Amit Shah, BJP CMs  

    Sharpening his attack against GSTN, the company set up to create IT backbone for GST rollout, BJP MP Subramanian Swamy today said he will write to party president Amit Shah and chief ministers of BJP-ruled states to oppose its str...

    27 Aug 2016, 6.30 pm  |  Source: PTI

  • 2% rate cut necessary to boost SMEs, create jobs: Nirmala

    2% rate cut necessary to boost SMEs, create jobs: Nirmala  

    Union Minister Nirmala Sitharaman today defended her demand for 2 per cent cut in interest rates by RBI, saying it is essential to boost SMEs and create jobs, amid criticism that such a move would drastically affect fixed deposits...

    27 Aug 2016, 6.30 pm  |  Source: PTI

  • Banks air concern on RBI credit rules to large borrowers

    Banks air concern on RBI credit rules to large borrowers  

    Banks have raised concerns on Reserve Bank of India's new norms for bank exposure to large corporate entities, particularly in large infrastructure projects.

    27 Aug 2016, 6.30 pm  |  Source: PTI

  • Govt extends export benefit to onions amid price crash

    Govt extends export benefit to onions amid price crash  

    To arrest steep fall in onion prices and protect farmers interest, government today decided to extend export duty benefits to onion for promoting its outbound shipments.

    26 Aug 2016, 9.40 pm  |  Source: PTI

  • Patel will carry forward inflation fight: Raghuram Rajan

    Patel will carry forward inflation fight: Raghuram Rajan  

    Outgoing Reserve Bank Governor Raghuram Rajan today exuded confidence that his successor Urjit Patel will carry forward the work they began on taming inflation.

    26 Aug 2016, 9.10 pm  |  Source: PTI

  • Union & Rail Budget marriage: Here are the pros & cons

    Union & Rail Budget marriage: Here are the pros & cons  

    In a letter, Railways Minister Suresh Prabhu urged Arun Jaitley to merge the two Budgets together and after raising the matter in the Rajya Sabha, the Finance Ministry has constituted a committee to look into the matter and submit...

    26 Aug 2016, 9.03 pm  |  Source: Moneycontrol.com

  • Leeway to infra funding will risk financial stability: Rajan

    Leeway to infra funding will risk financial stability: Rajan  

    Outgoing RBI Governor Raghuram Rajan today rejected granting any leeway in norms for activities of 'national importance' like funding of infrastructure, saying that the Reserve Bank cannot compromise systemic stability and governm...

    26 Aug 2016, 8.32 pm  |  Source: PTI

  • `Credit growth may improve in H2 on refinance, telco demand`

    'Credit growth may improve in H2 on refinance, telco demand'  

    The slowdown is primarily due to a stagnation in projects, and the low-risk refinancing loans of completed infrastructure projects in sectors like power and roads will help push the credit growth.

    26 Aug 2016, 6.32 pm  |  Source: PTI

  • Foreign seed firms form alliance to protest India regulation

    Foreign seed firms form alliance to protest India regulation  

    The India businesses of Monsanto, Bayer, Dow, Dupont Pioneer and Syngenta have joined the group, which was about to hold a news conference.

    26 Aug 2016, 4.04 pm  |  Source: Reuters

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