Monday, Sep 27, 2021 | Last Update : 12:47 AM IST

  Business   Economy  07 Jun 2017

Business, Economy, 07 Jun 2017

Prime Minister asks secretaries to focus on tourism sector

A total of 1.46 lakh tourists arrived on the e-tourist visa in March as compared to 1.16 lakh in March 2016.

07 Jun 2017 8:35 PM

Working on resolution of large NPA accounts: RBI

RBI changed the consent required for approval of a proposal to 60 per cent by value instead of 75 per cent earlier.

07 Jun 2017 8:20 PM

RBI cuts provisions, risk weights to make home loans cheaper

Amount of money to be set aside for every loan made, has been lowered to 0.25 per cent from the earlier 0.40 per cent.

07 Jun 2017 7:38 PM

Note ban didn't impact growth; need clarity on inflation: RBI

RBI has revised down its estimate on inflation projection to 3.5-4.5 per cent.

07 Jun 2017 6:22 PM

India Inc unhappy with RBI's stance on repo rate

It is clear that the RBI has chosen to remain over- cautious about the inflation outlook.

07 Jun 2017 5:55 PM


Transfer of IISWC land in Gujarat to NHAI gets Cabinet nod

The decision is also part of the government's plans to boost infrastructure in key sectors for accelerating the pace of growth

07 Jun 2017 5:25 PM

RBI marginally lowers economic growth forecast

The economic growth forecast for the current fiscal is lowered to 7.3 per cent.

07 Jun 2017 4:47 PM

Govt says yes to India-Cyprus merchant shipping deal

The pact is aimed at enhancing cooperation between the two nations for sea trade development.

07 Jun 2017 4:37 PM

Farm loan waivers risk fiscal slippages, inflation: RBI

About 1.07 crore farmers with less than five acres of land would be eligible for it.

07 Jun 2017 4:17 PM

GST rate on paints means no gain, no loss

It is no-loss no-gain situation for the paints industry. At the existing rate structure, taxes on paints come to just above 28 per cent.

07 Jun 2017 4:15 PM


RBI keeps key rate unchanged; cuts SLR, lowers GDP projection

RBI cut the economic growth projection to 7.3 per cent for the current fiscal from 7.4 per cent earlier.

07 Jun 2017 3:09 PM

Four-laning of road proj in HP gets CCEA nod

The CCEA has approved the four laning from 'end of Pandoh Bypass to Takoli' section of National Highway (NH)-21 in Himachal Pradesh.

07 Jun 2017 3:09 PM

RBI keeps repo rate unchanged at 6.25 per cent

Consequently, reverse repo rate remains at 6.0 per cent, MSF rate and bank rate at 6.50 per cent.

07 Jun 2017 2:52 PM

Govt clears listing of clean energy lender IREDA

IREDA has sanctioned around Rs 37,000 crore of credit for clean energy projects in the country.

07 Jun 2017 2:12 PM

Mutual fund industry's asset base declines marginally

Asset base declined by 1.15 per cent to Rs 19.03 lakh crore at the end of May due to outflow from money market .

07 Jun 2017 2:08 PM


Abolished various cesses via budgets paving way for GST: Govt

The Centre and states have agreed for a four tier GST tax rate -- 5, 12, 18 and 28 per cent.

07 Jun 2017 1:52 PM

5 things to expect from RBI's MPC meet today

Here are the five things that the MPC might be looking at in its second bi-monthly meet of 2017-18.

07 Jun 2017 1:27 PM

20 stations in Tier-II cities to be redeveloped

Indian Railways is firming up plans to join hands with Malaysia for redevelopment.

07 Jun 2017 12:26 PM

Aadhar number submission deadline extended

EPFO had set April 30, 2017 as the deadline for submitting Aadhaar number earlier.

07 Jun 2017 11:51 AM

Banks start charging for P2P payments on UPI

The UPI platform is averaging around one crore transactions with a value of Rs 2,900 crore per month.

07 Jun 2017 10:45 AM