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Government rolls back EPF rate cut decision; fixes <strong>interest</strong> at 8.8 percent

Government rolls back EPF rate cut decision; fixes interest at 8.8 percent

30 Apr 2016

New Delhi: Stung by all-round criticism, the government yesterday rolled back its decision to lower interest rate on provident fund deposits to 8.7 percent for 2015-16 and agreed to fix it at 8.8 percent, the third EPF-related roll back since March.

EPF,   provident fund,   employees fund,   interest rate,   Arun Jaitley,   Finance Minister,   EPF rate cut,   Business news,  
Opposition slams Finance Ministry's decision to slash EPF <strong>interest</strong> rate

Opposition slams Finance Ministry's decision to slash EPF interest rate

28 Apr 2016

New Delhi: The Finance Ministry's move to reduce the interest rate on the Employees' Provident Fund (EPF) attracted Opposition criticism in the Rajya Sabha today.

Government,   Opposition,   Tax proposal,   Rajya Sabha,   employee provident fund,   Prime Minister,   Narendra Modi,   EPF scheme,   Finance Minister,   Arun Jaitley,   Latest National News ,  
Raghuram Rajan: Watching inflation data, monsoon rain forecasts to decide <strong>interest</strong> rate

Raghuram Rajan: Watching inflation data, monsoon rain forecasts to decide interest rate

19 Apr 2016

New York: RBI is closely watching inflation data as well as monsoon rain forecasts for deciding on further interest rate cuts and the monetary policy still remains in the "accommodative mode", Governor Raghuram Rajan has said.

Raghuram Rajan,   RBI governor,   interest rates,   repo rate,   monsoon rain forecast 2016,   inflation data 2016,   Rajan on rate cut,   Business news,  
Pakistan court issues non-bailable arrest <strong>warrant</strong> against Pervez Musharraf

Pakistan court issues non-bailable arrest warrant against Pervez Musharraf

09 Apr 2016

Islamabad: An anti-terrorism court in Pakistan has issued a non-bailable arrest warrant against former military ruler Pervez Musharraf for his failure to appear before the court in the 2007 judges' detention case.

Pervez Musharraf,   Pakistan,   Arrest warrant,   Pakistan court,   Anti terrorism court,   Latest world news,  
NIA court issues arrest <strong>warrant</strong> against Masood Azhar

NIA court issues arrest warrant against Masood Azhar

09 Apr 2016

Chandigarh/New Delhi: NIA yesterday secured non-bailable arrest warrants against Jaish-e-Mohammed (JeM) chief Maulana Masood Azhar, his brother Abdul Rauf and two others for allegedly conspiring to carry out terror strike on the strategic Indian Air Force base in Pathankot.

Masood Azhar,   JeM chief,   arrest warrant against Masood Azhar,   NIA court,   Pathankot attack,   Pathankot terror attack,   Latest nation News,  
More rate cuts on lower inflation, good monsoon: Raghuram Rajan

More rate cuts on lower inflation, good monsoon: Raghuram Rajan

15 Apr 2016

Washington: Reserve Bank may further lower the interest rate if inflation continues to ease and the monsoon turns out to be good, Governor Raghuram Rajan has said.

Raghuram Rajan,   monsoon 2016,   monsoon forecast,   RBI governor,   inflation,   rate cuts,   interest rates,   latest Business News,  
Arun Jaitley pitches for <strong>interest</strong> rate cut ahead of RBI policy review

Arun Jaitley pitches for interest rate cut ahead of RBI policy review

04 Apr 2016

New Delhi: A day ahead of Reserve Bank meet, Finance Minister Arun Jaitley today pitched for easier monetary policy, arguing that high interest rates can make the economy sluggish.

Arun Jaitley,   RBI,   Reserve Bank of India,   interest rate cut,   monetary policy review,   interest rates,   Latest Business News,  
Move towards 4 percent inflation to contain rupee volatility: Rajan

Move towards 4 percent inflation to contain rupee volatility: Rajan

07 Apr 2016

Mumbai: Seeking to guard investor returns from excessive exchange rate movements, RBI Governor Raghuram Rajan today said a move towards an inflation target of 4 percent will help contain the currency market volatility.

Raghuram Rajan,   inflation,   RBI,   Rajan on inflation,   rupee volatility,   repo rate,   interest rate,   Latest Business News,  
RBI monetary policy review: Raghuram Rajan cuts key rate by 0.25 percent

RBI monetary policy review: Raghuram Rajan cuts key rate by 0.25 percent

05 Apr 2016

Mumbai: The Reserve Bank today cut the key interest rate by 0.25 percent and introduced a host of measures to smoothen liquidity supply so that banks can lend to the productive sectors and indicated accommodative stance going ahead.

Key interest rate,   interest rate reduced,   RBI,   Reserve Bank of India,   Raghuram Rajan,   monetary policy review,   RBI governor,   repo rate,   latest Business News,  
RBI to soon release framework for large exposure of loans

RBI to soon release framework for large exposure of loans

06 Apr 2016

Mumbai: Concerned over rising bad loans, the Reserve Bank will soon come out with a draft framework on large exposure of bank loans to corporates.

RBI,   Reserve Bank of India,   loans,   RBI interest rate,   monetary policy review,   repo rate,   Latest Business News,  

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