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Indian Railways plans to end the pain of waitlist tickets

Indian Railways plans to end the pain of waitlist tickets

In order to provide safe, secure and comfortable journey to passengers, Indian Railways has taken numerous steps in the recent past.

Aug 28, 2019, 17:17 PM IST
RBI payout to help government invest in infra: Report

RBI payout to help government invest in infra: Report

A significantly higher net one-time inflow of Rs 1.48 lakh crore from the RBI will provide an opportunity to the government to step up public investments without a material slippage in the fiscal

Aug 28, 2019, 15:31 PM IST
Indian economy to recover mildly from economic slowdown by March 2020: Goldman Sachs

Indian economy to recover mildly from economic slowdown by March 2020: Goldman Sachs

Goldman Sachs further said it expects a moderate pick-up in economic activity.

Aug 28, 2019, 15:23 PM IST
Bimal Jalan panel moots review of RBI capital norms once in 5 years

Bimal Jalan panel moots review of RBI capital norms once in 5 years

The panel recognised that the RBI's financial stability risk provisions are the country's savings for "a rainy day" (financial stability crisis) built up over decades.

Aug 28, 2019, 14:42 PM IST
RBI's capital framework must be reviewed every five years: Bimal Jalan committee

RBI's capital framework must be reviewed every five years: Bimal Jalan committee

The report said that in the following years, interim dividend to the Government may be paid only under exceptional circumstances. 

Aug 27, 2019, 22:35 PM IST
Govt extends last date to file GST annual returns till November 30

Govt extends last date to file GST annual returns till November 30

Earlier, GST taxpayers were supposed to file required returns by August 31.

Aug 27, 2019, 12:03 PM IST
RBI to transfer 1.76 trillion rupees to government as dividend in FY19/20

RBI to transfer 1.76 trillion rupees to government as dividend in FY19/20

The government will get 1.48 trillion rupees ($20.70 billion) from the Reserve Bank of India in the financial year ending in March 2020, more than 64% against the budgeted target of 900 billion

Aug 26, 2019, 21:43 PM IST
Customs duty on imports of subject goods originating in Malaysia increased by 5%

Customs duty on imports of subject goods originating in Malaysia increased by 5%

Government seeks that the step will help limit import of Palm Oil from Malaysia, thereby benefiting domestic farmers directly.

Aug 26, 2019, 18:08 PM IST
GDP growth pegged at 6% in Q1: FICCI survey

GDP growth pegged at 6% in Q1: FICCI survey

The growth numbers for the first quarter are expected to be released by Central Statistics Office (CSO) next week. Ficci said boosting agriculture sector, strengthening MSMEs, undertaking factor

Aug 26, 2019, 15:12 PM IST
RBI Board meet on Monday to mull over Jalan panel report

RBI Board meet on Monday to mull over Jalan panel report

The Jalan panel had submitted its report to the RBI Governor on Friday. The report, which recommends transfer of surplus reserves to the government in a staggered manner over three-five years based

Aug 26, 2019, 15:03 PM IST
Centre responsive to slowdown, but more steps needed: Report

Centre responsive to slowdown, but more steps needed: Report

On the measures announced to boost auto sales, the report noted that the auto sector may benefit marginally.

Aug 26, 2019, 15:00 PM IST
Rs 70K crore PSB infusion to push loan growth by 15%: Moody's

Rs 70K crore PSB infusion to push loan growth by 15%: Moody's

Announcing the capital infusion on Friday, the government also rolled back recent tax hikes on foreign and domestic equity investors in an attempt to boost market sentiment and revive the slowing

Aug 26, 2019, 14:38 PM IST
Government mulls action as onion prices go through the roof

Government mulls action as onion prices go through the roof

Onion prices have jumped nearly 75 percent in the last one month after supply crunch from states like Maharashtra, Karnataka and Madhya Pradesh.

Aug 26, 2019, 14:19 PM IST
CBIC compulsorily retires 22 senior officers on corruption and other charges

CBIC compulsorily retires 22 senior officers on corruption and other charges

In June this year, the CBIC had compulsorily retired 27 high ranking IRS officers including 12 officers from CBDT.

Aug 26, 2019, 11:10 AM IST
Centre announces capital infusion of Rs 70,000 crore to public sector banks

Centre announces capital infusion of Rs 70,000 crore to public sector banks

The banks will pass on RBI rate cut benefits to borrowers through the MCLR reduction which will benefit all borrowers.

Aug 23, 2019, 19:42 PM IST
Key announcements by FM Nirmala Sitharaman on Indian economy, FPIs, GST and Automobile

Key announcements by FM Nirmala Sitharaman on Indian economy, FPIs, GST and Automobile

Addressing a press conference along with top finance ministry officials at National Media Centre in New Delhi, Sitharaman made a slew of announcements regarding the state of economy FPIs, GST , NBFCs

Aug 23, 2019, 18:35 PM IST
India's consumer confidence drops in August: Report

India's consumer confidence drops in August: Report

The index prepared by Thomson Reuters in partnership with Ipsos said that the downward movement in PCSI has been continuous since May 2019, barring a marginal (0.6 percentage point) improvement in

Aug 23, 2019, 09:58 AM IST
Niti Aayog calls for extraordinary steps to tackle slowdown

Niti Aayog calls for extraordinary steps to tackle slowdown

Noting that the government has taken steps to address concerns of the stressed non-banking finance company (NBFC) sector, Kumar said the government does acknowledge NBFCs as a growth driver and has

Aug 23, 2019, 09:56 AM IST
No country can escape recession if protectionism continues: Piyush Goyal

No country can escape recession if protectionism continues: Piyush Goyal

Goyal stated that the policies of protectionism being followed by some countries in the developed world are affecting engagement between countries for trade in goods, services and protection of

Aug 23, 2019, 09:52 AM IST
Government reviews situation as onion prices go through roof

Government reviews situation as onion prices go through roof

Onion prices have jumped nearly 75 percent in the last one month after supply crunch from states like Maharashtra, Karnataka and Madhya Pradesh.

Aug 22, 2019, 17:17 PM IST