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Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

FinMin seeks EC nod for announcing govt's borrowing calendar for...

"We have sought Election Commission's approval and will announce the borrowing schedule after receiving its nod," an...

26 March 2019 6:52 PM IST

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.

Irdai asks insurers for easy crop insurance claim settlement, use of...

Irdai, in a circular, said there is a need for effective implementation of crop insurance schemes.

26 March 2019 12:32 PM IST

Noted economist Rajiv Kumar interacts with the the media after taking charge as the Vice-Chairman of NITI Aayog, in New Delhi. (Photo: PTI)

Congress' income guarantee scheme to burst fiscal discipline: Rajiv...

Congress party had promised 'Garibi Hatao' in 1971, food security in 2013 to win elections, but could not fulfil any of...

25 March 2019 8:32 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI Governor to meet heads of payments banks later this week

As many as seven payments banks operate in India.

25 March 2019 5:46 PM IST

Nearly a billion people in the world are hungry and another two billion are eating too much of the wrong foods, causing epidemics of obesity, heart disease and diabetes, both issues that could be made worse by climate change, according to the Lancet Commission on Obesity. (Photo: AFP)

Food inflation likely to go up to 2 pc in FY20: Goldman Sachs report

Goldman Sachs said focus has now shifted to farmers who are protesting against low food prices and demanding higher...

25 March 2019 4:58 PM IST

Economic Affairs Secretary Shaktikanta Das.

RBI governor meets Arun Jaitley ahead of monetary policy review

The six-member MPC to decide on the first bi-monthly policy statement for 2019-20 will be held from April 2 to 4.

25 March 2019 4:17 PM IST

The government is set to switch gears in 2017 to make India a hub for one of the largest installations of clean energy sources by 2022.

India ranks 76th on WEF's global Energy Transition index; Sweden tops...

Sweden remains on the top on the annual list compiled by World Economic Forum and is followed by Switzerland and Norway.

25 March 2019 3:43 PM IST

Economic Affairs Secretary Subhash Chandra Garg. (Photo: PTI)

Liquidity to get further boost of Rs 35,000 cr via rupee-dollar swap:...

The auction of USD 5 billion for a tenure of three years will be conducted on Tuesday.

25 March 2019 2:46 PM IST

small scale industry (Representational Image)

Weak exports, uncertainty over election outcome to drag down IIP:...

Index of Industrial Production (IIP) is likely to have grown by 3-3.2 per cent during February 2019.

25 March 2019 1:24 PM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Traders' body slams Rahul Gandhi's statement on abolishing GST

The attempt of Gandhi for seeking political mileage making traders a scapegoat is deeply regretted, CAIT said.

25 March 2019 1:01 PM IST

The Mahavitaran company has offered to waive the fine and interest on the electricity charges under the scheme. (Representational image)

Rs 3 trillion investment in pvt power plants at risk of turning into...

Uttar Pradesh has the most outstanding dues of Rs 6,497 crore, followed by Maharashtra at Rs 6,179 crore.

24 March 2019 3:05 PM IST

According to Venture Intelligence, private equity (PE) firms invested about $3.7 billion across 133 deals in the January-March period as against 200 transactions worth $7.3 billion recorded in the same period last year. (Representational image)

Sale of 'enemy shares', buybacks by CPSEs yield Rs 11,300 cr to...

Enemy property refers to the assets left behind by people who migrated to Pakistan or China and are no longer citizens...

24 March 2019 12:46 PM IST