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  • Thursday, March, 2021| Today's Market | Current Time: 12:39:04

    • Economy

    FM calls upon banking sector to support corporate to propel growth

    New Delhi : Finance Minister Arun Jaitley has said that private sector needs to invest in a big way for the economy to perform as best as possible. Observing that domestic investment continues to be a challenge, Mr Jaitley called upon the banking sector to support corporates to propel growth. Addressing a seminar on debt […]

    Economy

    Country’s Forex Reserves rises by USD 1 billion to USD 367.14 billion

    New Delhi: Country’s Forex Reserves rose by USD 1 billion to USD 367.14 billion for the week ended October 21 on the back of increase in the core currency assets. The Reserve Bank said that Foreign Currency Assets -FCAs, a major component of the overall reserves, increased by USD 1.015 billion to USD 341.923 billion. […]

    Economy

    Startups can raise USD 3 million via ECBs annually :RBI

    New Delhi: The Reserve Bank yesterday permitted startups to raise external commercial borrowings (ECBs) of up to USD 3 million in a financial year, a move aimed at boosting innovation and promoting job creation. The RBI said while issuing norms for ECB route for startups that the borrowing should be denominated in any freely convertible […]

    Economy

    Accept ₹500/1,000 notes only after careful scrutiny: RBIAccept ₹500/1,000 notes only after careful scrutiny: RBI

    New Delhi: Reserve Bank of India has urged public to examine 500 rupees and 1000 rupees currency notes before accepting them in the usual course of transactions to avoid circulation of fake currency notes. RBI said, unscrupulous elements are putting into circulation Fake Indian Currency Notes of higher denominations.   The central bank has cautioned […]

    Economy

    Indian economy has potential to touch 6-8 trillion USD in next 15 yrs: Panagariya

    New Delhi: NITI Aayog Vice-Chairman, Dr Arvind Panagariya has said that the Indian economy has the potential to touch 6-8 trillion USD in the next 15 years as against 2 trillion at present.   Participating in an interactive program in Guwahati he asserted , though there are many challenges before the Indian economy at present, […]

    Economy

    Govt takes steps to ensure hassle-free arbitration process, says PM

    New Delhi:  Prime Minister Narendra Modi on Sunday said  his Government has taken several steps to ensure hassle-free arbitration process. Addressing the valedictory address at the first ever Global Conference to strengthen arbitration and enforcement in India in New Delhi.  Modi said, over a 1000 archaic laws have been scrapped and the government has enacted […]

    Economy

    Govt lists GST Bill for consideration, passage in Rajya Sabha today

    New Delhi: The Rajya Sabha will discuss the Institutes of Technology (Amendment) Bill, 2016 and The Benami Transactions (Prohibition) Amendment Bill, 2016 today. In Lok Sabha, The Transgender Persons (Protection of Rights) Bill, 2016 will be introduced today. The government has listed the Goods and Services Tax, GST Bill for consideration and passage in the […]

    Economy

    Technology to be a key driver of economic growth: PM

    New Delhi: Prime Minister Narendra Modi has asked the NITI Aayog to create a vision document for transformational change of the country. Interacting with members of the NITI Aayog in New Delhi  Thursday,  Modi said, the vision document will chart a roadmap for country’s development for the next fifteen years and will also lay the […]

    Economy

    Cabinet clears changes to GST Bill, drops 1% additional tax on inter-state sales

    New Delhi: The Union Cabinet has cleared changes to the Goods and Services Tax (GST) Constitutional Amendment Bill, dropping 1 per cent manufacturing tax and providing guarantee to compensate states for any revenue loss in the first five years of rollout of the proposed indirect tax regime. The Cabinet, headed by Prime Minister Narendra Modi […]

    Economy

    Niti Aayog holding consultations with States on 15-year Vision Document

    New Delhi: Niti Aayog  held consultations with the Chief Secretaries of the states today  and discussed on the formulation of a 15-year Vision Document for the country, along with a 7-year Strategy and 3-year Action Agenda to implement that vision. The vision will be actionable in the period beyond the 12th five year plan, which […]

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