No plans to demonetise Rs 2,000 notes: Govt

New Delhi, Apr 5 (PTI) There are no plans to demonetise the new Rs 2,000 currency notes, the government said today, scotching “rumours” to this effect. “We are seizing fake currency. As far as rumours in the market are concerned, we should not go by such rumours,” Minister of State for Home Kiren Rijiju said in the Rajya Sabha. He More...

by admin | Published 1 year ago
By admin On Wednesday, March 29th, 2017

GST rates will have no inflationary impact: Jaitley

New Delhi, Mar 29 (PTI) Allaying apprehension of spike in prices of goods and commodities after the roll out of the GST, Finance Minister Arun Jaitley today said the tax rates will be kept at the current levels More...

By admin On Thursday, January 26th, 2017

FM may cut taxes, lack of indirect-tax data may make it tough

New Delhi, Jan 26 (PTI) Battling slump in demand after shock demonetisation, Finance Minister Arun Jaitley may look to spur consumption through lower taxes in next week’s Budget, but he faces a peculiar situation More...

By admin On Saturday, January 21st, 2017

Govt mulls effective, open financial policies: Sinha

New Delhi, Jan 21 (PTI) The government is looking at bringing in more effective and transparent financial policies so that investors are able to fund clean operating companies, Minister of State for Civil Aviation More...

By admin On Monday, January 9th, 2017

Demonetisation: Banks asked to obtain PAN from account holders by 28 February

PAN card. Image courtesy :CNN-IBN New Delhi: As part of the drive to unearth black money, the government has asked banks to obtain the permanent account number (PAN) or Form 60 if PAN is not available, from all More...

By admin On Wednesday, December 21st, 2016

RBI takes a U-turn, now withdraws restriction on KYC accounts with deposits above Rs 5,000

In a fresh twist to the government’s previous announcement on cash deposits in the banks, the Reserve Bank of India has issued a fresh notification, withdrawing restriction on Rs 5,000 deposits for KYC compliant More...

By admin On Saturday, June 4th, 2016

Debt-ridden Jaypee group defaults on Rs 4,460 cr worth of loans, payments

New Delhi: Reflecting substantial financial stress, diversified Jaypee Group companies have defaulted on loans and other payments worth Rs 4,460 crore. The group has on a consolidated basis failed to repay Rs 2,905.6 More...

By admin On Friday, June 3rd, 2016

Swamy vs Rajan: One man’s fury and a father’s prophecy

No other central bankĀ  governor in India has had a cult following as the suave Raghuram Govinda Rajan, who returned to India after his stints in the International Monetary Fund and Chicago University. On 4 September More...

By admin On Monday, May 16th, 2016

Infosys makeover: How Vishal Sikka is quietly phasing out an NRN legacy

With Vishal Sikka speeding up the Infosys makeover, another legacy may be dying a slow death at the software major – the philosophy of compassionate capitalism, indicates a report in The Times of India today. According More...

By admin On Sunday, April 3rd, 2016

Maruti Suzuki, Hyundai clock record annual sales, signal auto sector recovery

Mahindra & Mahindra and Honda Cars India (HCIL) also posted sales growth in financial year 2015-16. For the fiscal year 2015-16, Maruti Suzuki India posted sales of 14,29,248 units, an increase of 10.6 per More...

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