19 May 2015
New Delhi: Seeking to mobilise idle gold worth up to Rs 60 lakh crore held by households and institutions, government on Tuesday proposed a new scheme offering tax-free interest on depositing the yellow metal with banks.
20 May 2015
New York: Raising concern over central banks globally being pushed into "competitive monetary easing", RBI Governor Raghuram Rajan on Tuesday said lower interest rates and tax incentives can boost investments, but it is consumer demand that holds the key for pushing economic growth.
15 May 2015
Washington: President Barack Obama has said it is not in the national interest of the US and Gulf nations to have an open ended conflict with Iran, asserting that they welcome an Iran that plays a responsible role in the region.
17 May 2015
New Delhi: Ahead of RBI's second bi-monthly monetary policy review, Finance Minister Arun Jaitley on Sunday said his "expectation" from Governor Raghuram Rajan was the same as general expectation on an interest rate cut.
12 May 2015
New Delhi: The tax department has incurred an expenditure of Rs 42,903 crore on interest payments on refunds during the 6-year period ended 2013-14 without approval of Parliament, official auditor CAG said on Tuesday.
06 May 2015
BEIJING: A destabilised and isolated Russia is in nobody's interests, and sanctions are only being kept in place because a truce agreement in the conflict in Ukraine is not being fully implemented, the European Union's foreign policy chief said on Wednesday.
01 May 2015
Ranchi: Jharkhand Chief Minister Raghubar Das said investments made in any sector should be in the interest of the labour force as both were important in the progress of the state.
30 Apr 2015
Jaipur: Rajasthan Industrial and Investment Corporation (RIICO) has reduced the interest rate on term loan by 0.5 per cent with effect from April 25.New term loan's interest rate has been fixed at 11 per cent of interest after reducing 0.5 per cent, an official release on Thursday.
22 Apr 2015
Panaji: A local court on Wednesday issued a warrant to search Defence Minister Manohar Parrikar's official residence in Delhi to trace former Goa Minister Francisco 'Miccky' Pacheco who is reported to be absconding for a fortnight since his conviction in a 2006 assault case.
06 May 2015
New Delhi: Joining the rate cut spree, two public sector lenders, Punjab National Bank and IDBI Bank, on Wednesday cut their base rates by 0.25 percent to 10 percent, which will lead to lower EMIs for its customers.