Forex reserve went down for 5th week by $2.75 billion: RBI
Continuing its downward trend for the fifth consecutive week, the foreign exchange reserves went down by $2.754 billion to $311.427
Read MoreFinMin begins Budget exercise
The finance ministry on Friday initiated the budgetary exercise for 2015–16, seeking inputs from government ministries and departments. “The Budget circular for 2015–16 is
Read MoreRBI may allow FIIs to buy more government bonds in two years
The Reserve Bank may look at lifting cap on foreign holding of government debt in two years, once the economy
Read MoreRBI’s clarification on free transactions at other bank ATMs
The Reserve Bank of India on Friday clarified that the total number of free-of-charge transactions (inclusive of both financial and
Read MoreGrowth to pick up from 5.6% in FY15 to 7% in FY17: Citigroup
India’s growth rate is expected to improve to 7 per cent by FY 2017, while inflation and the current account deficit are likely to
Read MoreTax relief on transfer of technical manpower in SEZs
The income tax (I‑T) department has allowed profit-linked tax deductions to new Special Economic Zone (SEZ) units upon transfer of technical
Read MoreIndia, Japan to sign advance-pricing agreement to untie tax hassles
India and Japan will soon sign an advance-pricing agreement (APA), a move that will provide certainty to investors at a time the country is looking
Read MoreIRDA may allow insurers to deal with equity derivatives
The Insurance Regulatory and Development Authority (Irda) is looking to allow insurance companies to deal with equity derivatives. Irda has already allowed insurers to deal in
Read MoreEPFO settles 12.28 lakh claims in September & 74% in 10 days
The EPFO has settled 12.28 lakh claims, including PF withdrawals, in September, out of which 74 per cent were settled
Read MoreTamil Nadu raised Flag against VAT Evasion by E‑Commerce Players
In a fallout of the outcry over discount sales by e‑commerce players, the Tamil Nadu government has raised a flag.
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