Speaking to CNBC-TV18, RBI union secretary Samir Ghosh said it was clear that the RBI had been pushed to the sidelines post demonetization and that the government was “managing everything”.
16 Jan 2017, 4.24 pm | Source: Moneycontrol.com
Top officers from the Department of Industrial Policy and Promotion (DIPP) and Department of Financial Services among others will meet on January 23 to discuss the issue.
16 Jan 2017, 4.12 pm | Source: PTI
Panneerselvam also urged Prime Minister Narendra Modi to depute a Central team "to study the extensive damage caused to agriculture crops and to take stock of the drinking water scarcity in the state".
16 Jan 2017, 3.48 pm | Source: PTI
"Given that growth is stagnating at about 4.5 percent in the old GDP series, we have always believed that the Centre should relax fiscal deficit to combat a global recession that could prove to be longer than the Great Depression,...
16 Jan 2017, 3.46 pm | Source: PTI
One can foresee that the short-term impact on GDP, triggered by demonetization, and the impending elections in four states of the country, will majorly impact the policies of this year’s budget
16 Jan 2017, 3.43 pm | Source: Moneycontrol.com
Speaking to CNBC-TV18, Ketan Dalal, Senior Tax Partner at PwC India, said while the general anti-avoidance rule should not be feared as people are already familiar with the contours of it, its implementation needs to monitored clo...
16 Jan 2017, 3.42 pm | Source: CNBC-TV18
Anuj Mathur, CEO, Canara HSBC OBC Life Insurance told Moneycontrol in an interaction that their banks have decided that not to tie-up with other insurance companies
16 Jan 2017, 3.29 pm | Source: Moneycontrol.com
Parliament's Public Accounts Committee (PAC) had asked Patel and Finance Ministry officials to appear before the committee on January 20.
16 Jan 2017, 3.26 pm | Source: PTI
The ministry has already suggested the finance ministry to consider raising tax holiday for start-ups to 7 years from the current 3 years to encourage budding entrepreneurs.
16 Jan 2017, 3.12 pm | Source: PTI
Switzerland topped the overall index, followed by Singapore and the United Kingdom in second and third places respectively, in the list released today by INSEAD Produced in partnership with The Adecco Group and the Human Capital L...
16 Jan 2017, 2.40 pm | Source: PTI
In an interview to FIrstpost, Chaudhuri said that the central bank should have been more transparent about the whole process of demonetisation instead of "running and hiding".
16 Jan 2017, 2.36 pm | Source: Moneycontrol.com
"As more and more South Asian countries keep a positive attitude toward China's efforts to improve infrastructure in the region, skeptics in countries such as India should rethink their stance toward the Chinese-funded project in ...
16 Jan 2017, 1.50 pm | Source: PTI
The credit rating agency expects the government to renew its commitment to increase capital spending and address the short-term disruptive impact of demonetisation in the Budget to be unveiled on February 1, 2017.
16 Jan 2017, 1.34 pm | Source: PTI
In an interview to CNBC-TV18 Neeraj Kumar Gupta, Secretary, Department of Investment and Public Asset Management (DIPAM) spoke about his views on Central Public Sector Enterprises Exchange Traded fund (CPSE ETF).
16 Jan 2017, 1.27 pm | Source: CNBC-TV18
"Demand for petroleum products is increasing as the economy grows. India has the best growth amongst the large economies in the world ... we have massive hunger for petroleum products," said oil ministry Additional Secretay A K Sa...
16 Jan 2017, 12.44 pm | Source: Reuters
Wholesale inflation for December came in at 3.39 percent, marginally higher than 3.15 percent in November. Numbers for October have been revised to 3.79 percent from 3.39 percent.
16 Jan 2017, 12.43 pm | Source: Moneycontrol.com
Demonetisation impact seen in food inflation with vegetable, fruit and poultry prices decelerating in the main trade markets and mandis following the cash crunch
16 Jan 2017, 12.39 pm | Source: Moneycontrol.com
The data compared with a 3.50 percent annual rise forecast by economists in a Reuters poll. In November, prices rose a provisional 3.15 percent.
16 Jan 2017, 12.15 pm | Source: PTI
Govt unlikely to change GAAR’s implementation date; amended CBDT rules have “grandfathered” investments made before April 1, 2017 exempting these from the anti-avoidance rule
16 Jan 2017, 11.37 am | Source: Moneycontrol.com
Speaking to CNBC-TV 18, Murali Natarajan, Managing Director and Chief Executive Officer of private sector lender DCB Bank Ltd, said loan growth was muted but had started to show signs of recovery.
16 Jan 2017, 10.22 am | Source: Moneycontrol.com
Currently, banks allow five free ATM transactions to their own customers every month, post which they charge a fee of Rs 20 per transactions, plus service tax and non-customers are allowed three free transactions in six top metros...
16 Jan 2017, 9.54 am | Source: Moneycontrol.com
The government is looking to issue an advisory to tax officials directing them to exempt investigating cash deposits below a threshold, in an attempt to curb harassment by officials probing deposits made since November 10 — acco...
16 Jan 2017, 8.48 am | Source: Moneycontrol.com
LPG and transport fuels demand will rise, while new petrochemical projects would a boon for naphtha demand.
16 Jan 2017, 8.40 am | Source: PTI
In previously unreported letters from Philip Morris to the trade minister and an influential government think-tank, the U.S.-based company said the "discriminatory" and "protectionist" proposals would represent a blow to its plans...
16 Jan 2017, 8.29 am | Source: Reuters
A string of initial public offerings and increased demand for mutual funds attracted 2.4 million new investors to financial assets, according to a report in Livemint.
16 Jan 2017, 8.03 am | Source: Moneycontrol.com
"It is my humble advice to all the cooperative institutions to ensure its contribution in the overall development of the society by adopting modern technology and systems," Singh said.
16 Jan 2017, 7.54 am | Source: PTI
France has appreciated demonetisation in India, terming it as a "bold" decision which "shows how determined" Prime Minister Narendra Modi is to combat tax evasion, corruption and black money.
15 Jan 2017, 5.00 pm | Source: PTI
Ruing that the debate on corruption against the backdrop of demonetisation is a throwback to "bad old days" of rich versus poor discourse under Indira Gandhi, CII President Naushad Forbes said wealth and dishonesty should be d...
15 Jan 2017, 2.20 pm | Source: PTI
Finance Minister Arun Jaitley will tomorrow look to break the deadlock over distribution of powers between centre and states to administer GST, an issue that is holding up launch of the new national sales tax from April.
15 Jan 2017, 12.42 pm | Source: PTI
Noted economist Surjit Bhalla today came out in support of the government's demonetisation move and expressed hope that it would lead to much-needed reforms.
15 Jan 2017, 10.38 am | Source: PTI