Wednesday, February 19, 2020
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    SBI waives RTGS, NEFT, IMPS charges

    New Delhi: State Bank of India (SBI) has waived charges on NEFT and RTGS transactions through internet and mobile banking from July 1, after...

    Govt committed to fiscal consolidation, boosting investment in social sector:...

    New Delhi: Finance Minister Nirmala Sitharaman on July 10 said that the government was committed to the path of fiscal consolidation without compromising on...

    RBI to discuss with govt issuance of sovereign bonds: Shaktikanta...

    New Delhi: Reserve Bank Governor Shaktikanta Das on July 8 said the central bank will discuss issuance of overseas sovereign bonds with the government. After...

    Union Budget proposes simple KYC norms for FPIs, higher public...

    New Delhi: Finance minister Nirmala Sitharaman on July 5 proposed various measures such as easing of KYC norms for foreign portfolio investors and allowing...

    Railways: Rs65,837 crore budgetary support, highest ever capital expenditure

    New Delhi: Railways has got a budgetary allocation of Rs65,837 crore and the highest ever outlay for capital expenditure amounting to Rs1.60 lakh crore...

    Economic Survey 2019: Real GDP growth projected at 7% for...

    New Delhi: The Economic Survey projecting the state of economy and outlining the challenges has been tabled in Parliament on July 4 and the...

    Industrialist BK Birla passes away

    Mumbai: Basant Kumar Birla, Chairman of the BK Birla Group of companies, died on July 3 at the age of 98. He was also the...

    Industry leaders call for massive infrastructure investments ahead of Union...

    New Delhi: Industry leaders expect the Union Budget for 2019-20 to lower corporate taxes and spur investments for shoring up consumption levels and reversing...

    Fund transfer via RTGS, NEFT set to get cheaper from...

    Mumbai: Fund transfer through RTGS and NEFT systems is set to become cheaper from July 1 after the Reserve Bank of India decided it...

    RBI advises banks to accept coins of all denominations

    New Delhi: The Reserve Bank of India (RBI) has advised all banks to immediately direct all their branches to accept coins of all denominations. RBI's...

    Data related to payments to be stored only in India:...

    Mumbai: The Reserve Bank of India on June 26 said all data related to payments must be stored only in India and data processed...

    RBI Deputy Governor Viral Acharya resigns six months before term...

    New Delhi: Deputy Governor of the Reserve Bank of India, Viral Acharya, has resigned from his position. Acharya's exit comes six months after his...

    Govt clarifies after confidential order on employees’ salaries goes viral

    New Delhi: The Ministry of Finance on June 22 issued a clarification over a confidential government order that has gone viral on social media. The...

    Finance Minister Nirmala Sitharaman holds sixth pre-budget meet

    New Delhi: The Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman held a pre-budget consultation meeting with the leading economists ahead of the...

    PM’s economic advisory council refutes former CEA’s claims on GDP...

    New Delhi: Economic Advisory Council (EAC) to Prime Minister on June 12 refuted claims of former CEA Dr Arvind Subramanian on GDP estimates, and...

    Finance Minister holds first pre-Budget consultation: Focus on rural sector

    New Delhi: Union Minister of Finance and Corporate Affairs Nirmala Sitharaman held her pre-Budget consultations with different stakeholder groups on June 11. https://twitter.com/NewsHtn/status/1138344426244333568 During the consultations,...

    GST council to introduce new GST return system

    New Delhi: A new GST return system will be introduced to facilitate taxpayers. This was decided by the Council at its 31st meeting to ease...

    Growth of core sector industries slows to 2.6% in April

    New Delhi: The growth of eight core infrastructure sectors slowed down to 2.6 per cent in April, due to negative growth in crude oil,...

    GDP growth slows to five-year low at 5.8% in January-March,...

    New Delhi: India's economic growth rate slowed to five-year low of 5.8 per cent in January-March 2018-19, due to poor performance in agriculture and...

    Sensex, Nifty turn choppy amid weak global cues

    Mumbai: Domestic equity benchmarks opened on a negative note May 29 amid weak global cues and fresh foreign fund outflow. After falling over 100 points...