Home » Business » Economy

Economy - Page 177

Finance Minister Arun Jaitley (Photo: AP)

No proposal to withdraw cheque book facility: Finance Ministry

Post demonetisation, govt has been pushing digital transaction with an aim to move towards less cash society.

24 Nov 2017 11:41 AM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

RBI relaxes 26 per cent debt-equity conversion cap for ARCs

Central bank also asked the boards of ARCs to frame a policy for converting debt into equity.

24 Nov 2017 11:30 AM IST

The report had created panic among some businesses on how large transactions will be done if there is no other alternative set up before banning cheque books. (Photo: Pixabay)

Govt has no plans to ban your cheque books now

A senior CAIT official had recently been reported as saying that the government was planning to ban cheque books.

24 Nov 2017 9:42 AM IST

Mr Putin said he expected the world oil market soon to be balanced.

Indian refiners processed record oil volume in October

India, which imports about 80 percent of its oil needs, has emerged as a key driver of growth in global oil demand.

24 Nov 2017 8:50 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Economy slowdown bottomed out, recovery rests on govt steps: report

Index of Industrial Production to grow by 3-3.2 per cent during October this year.

23 Nov 2017 4:33 PM IST

Even though farmer brought onions for auction at the APMC on Friday, there were no buyers.

India sets curbs on onion exports as prices surge

Traders cannot export onions below USD 850 per tonne until the end of 2017, the order said.

23 Nov 2017 3:58 PM IST

During April-December period, exports grew marginally by 0.75 per cent USD 198.8 billion.

Infrastructure status of logistics to spur growth, create jobs: CII

Infrastructure status for logistics sector can result in an integrated planning of better utilisation of existing assets...

23 Nov 2017 3:57 PM IST

President Ram Nath Kovind has given his assent on Thursday to the ordinance to amend the Insolvency and Bankruptcy Code, 2016. (Photo: PTI)

President okays ordinance to amend insolvency act, make it stricter

The ordinance aims at preventing 'unscrupulous, undesirable persons from misusing or vitiating the provisions of the...

23 Nov 2017 3:16 PM IST

UDAN is a cheaper flights scheme.

Flight tickets to get costlier as govt plans hiking passenger services...

The government had earlier said the fee will not be raised and all security costs will be taken care of by the...

23 Nov 2017 1:24 PM IST

Prime Minister Narendra Modi on Thursday said subsidy targeting using trinity of Jan Dhan accounts, mobile numbers and Aadhaar helped save the government USD 10 billion. (Photo: PTI)

Jan dhan, mobile numbers, Aadhaar helped plug subsidy leakages: Modi

The Prime Minister said technology has led to efficient service delivery, governance and improved access to education...

23 Nov 2017 11:54 AM IST

India has approved a three-year budget for its flagship public health programme almost 20 per cent lower than what the health ministry said was needed. (Photo: PTI/Representational)

India cuts back funding for National Health Mission

The National Health Mission is one of the world's largest health programmes and forms the backbone of public services in...

23 Nov 2017 11:30 AM IST

EPFO is a retirement fund body that has a savings corpus of Rs 6.5 lakh crore. (Photo: Representational/PTI)

EPFO relaxes norms for submission of life certificate

Life certificate in physical form may be accepted from such pensioners who have recorded genuine reasons for non...

23 Nov 2017 8:25 AM IST