Palm Oil Purchases by India Will Jump 11 Per Cent This Year
Palm oil purchases by India will probably jump almost 11 per cent this year, with a relatively faster rise in prices of competing cooking oils...
Category : ECONOMY
RBI in Discussion With Govt Regarding Privatisation, Says Governor
RBI governor Shaktikanta Das on Thursday said that the central bank is discussing privatisation of public sector banks (PSBs) with the government and the process...
Niti Aayog Recommends Cutting Approval Layers for Faster Privatisation
Niti Aayog has recommended cutting down on the layers of the approval process for stake sales in state-run companies to fast-track the privatisation process. The...
Loan Moratorium Cannot Be Extended, Says SC
The Supreme Court on Tuesday refused to extend the six-month loan moratorium period offered by the Reserve Bank of India (RBI) last year, saying that...
Ex-RBI Deputy Governor Mohan Moots 5% Inflation Target
Former RBI Deputy Governor Rakesh Mohan on Monday pitched for changing the central bank’s inflation target band of 2-6 per cent, saying inflation will not...
Bill to Increase FDI in Insurance Sector Gets Approved by Parliament
A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with...
‘Over Rs 2.46 Lakh Crore Sanctioned Under ECLGS’, Says Government
The cumulative sanctioned and disbursed amounts under the Emergency Credit Line Guarantee Scheme (ECLGS) to MSMEs stood at Rs 2.46 lakh crore and Rs 1.81...
Govt Proposes to Increase Re-registering Fee of 15-Year-Old Vehicles
In a bid to discourage plying of old vehicles on public roads, the Ministry of Road Transport and Highways today issued a draft notification to...
Withholding Tax on FPI Debt Return May Surge to 20%
The authorities tweaked earnings tax guidelines to accommodate a helpful withholding tax price of 10 per cent to different funding funds (AIFs) that make investments...
Niti Aayog Leaves 6 PSBs Out of Privatization Plan
The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, has called for a two-day nationwide strike on March 15 to...