Diesel price was hiked by Rs 97 paise per litre (excluding state levies) on Sunday.
Petrol price was hiked by Rs 1.29 per litre (excluding state levies) on Sunday.
In a bid to strengthen capital base of public sector banks (PSBs), the government has allowed 12 lenders to raise nearly Rs 3,000 crore via preferential shares over and above the Rs 22,915 crore capital support committed to them in July last year.
Petrol price was hiked by Rs 1.29 per litre and diesel by Rs 97 paise per litre (excluding state levies) on Sunday.
The Reserve Bank of India (RBI) governor Urjit Patel has expressed that Goods and Services The governor in his Financial Stability Report published by the RBI said that the withdrawal of specified bank notes will impart far reaching changes going forward.
You will have to shell out more for buying subsidised cooking gas, or LPG, and kerosene.
Talking of the positive outcome of the demonetisation undertaken by government on November 8, 2016, Finance Minister Arun Jaitley said on Sunday that large amount of money, including black money, has come into the banking system.
Government expects job creation under Prime Minister's Employment Generation Programme (PMEGP) "to improve" in the coming days, notwithstanding the consistent decline witnessed in the number of jobs created under the scheme since 2012-13.
Prime Minister Narendra Modi on Saturday addressed the nation, in which he spelled out the roadmap ahead after the deadline of depositing demonetised notes expired on Friday. This was his second address to the nation since his announcement in a similar address on November 8 to scrap old Rs 1,000 and Rs 500 notes.
Modi set out a stern warning of tough action against the "dishonest" people even as he announced a slew of sops for senior citizens, farmers, rural housing, women and small entrepreneurs to soften the blow of demonetisation.
Prime Minister Narendra Modi on Saturday announced that the government would give the rebate of three and four percent on interest rates to the people who seek loans to build their houses in 2017.
Prime Minister Narendra Modi will address nation on New Year's eve on Saturday. The address is scheduled at 7.30 p.m. The address is important since 50-day period sought by him to ease cash crunch ended on December 30.
Cash withdrawal limit from ATMs increased to Rs 4,500 from Rs 2,500, effective January 1
State-run IDBI Bank on Friday said it has reduced its marginal cost of funds based lending rate (MCLR) for various tenors, effective from January 1.
Union Finance Minister Arun Jaitley said that from Saturday onwards, the entire currency in circulation will be legitimate, Friday being the last day to deposit the demonetised Rs 500 and Rs 1,000 notes in banks.
On the eve of end of the 50-day window of note ban on Friday, Finance Minister Arun Jaitley said that the currency situation has stabilised to a large extent. However, he didn't provide any indication on lifting restrictions on cash withdrawal from banks and ATMs.
India's foreign exchange reserves declined by USD 935.2 million to USD 359.671 billion in the week to December 23 on account of fall in foreign currency assets, the Reserve Bank said on Friday.
The Reserve Bank of India (RBI) on Friday notified the closure of the deposit and exchange of the old notes and has asked all the banks to report collections of demonetised Rs 500 and Rs 1,000 currency notes on December 30 itself.
India and Singapore have signed the third protocol for amending DTAA on Friday, informed Finance Minister Arun Jaitley.
Finance Ministry on Friday said that the Indian economy grew 7.2 percent in the first half of the current fiscal, retaining its position as one of the fastest growing major economies in the world.