The EPFO is likely to decide soon the rate of interest on PF deposits for 2013-14, which is expected to be over 8.5 per cent.
In the past few years, banks have been reducing the spread of retail loans for new customers while keeping the base rate unchanged.
Miffed with the changes being proposed in the ICC's administrative structure, the Pakistan Cricket Board said it will oppose any overhaul that will cede executive decision-making to India, Australia and England.
The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.
The Gujarat International Finance Tech-City, or Gift City, is expected to be spread over 886 acres and will have a special economic zone on 261 acres.
Chidambaram and his son Karti Chidambaram were named in the chargesheet filed by the CBI in the case on July 19.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
P Chidambaram said that the fiscal deficit target for 2013-14 will be met and the current account deficit will be contained below $40 billion.
Air India shelves plan to acquire Boeing 787-9 aircraft.
The Finance Audit and Investment committee recommended 8.95% interest.
Debroy worked as a consultant in the Department of Economic Affairs in Finance Ministry.
Likely to select from 3 shortlisted; follows Sanjeev Kaushik's refusal to take the job if made to retire from IAS
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EPFO had paid 8.5 per cent interest rate to subscribers in 2012-13, which was higher than 8.25 provided in the 2011-12 fiscal.
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The Companies Bill asked for promoting gender diversity by specifying induction of a minimum number of women directors
Tamil Nadu, Kerala, West Bengal, Assam and the Union Territory of neighbouring Puducherry are likely to go to polls in April or May.
The Major Ports Authority Bill, 2020 was passed through ballot votes in the Rajya Sabha on Wednesday with 84 votes in its favour and 44 against it. The Lok Sabha had passed the bill on September 23 last year.
The 15 proposals were cleared following recommendations by Foreign Investment Promotion Board.
'There is tension between the zones all the time.'
The Reserve Bank of India is not a free agent. It never has been, nor should it ever be.
This comes after the arrest of Syndicate Bank Chairman S K jain.
The decision will benefit over nine crore such account holders having total deposit of around Rs 32,000 crore.
Sebi's move will help curb the illicit practice of keeping the parent company's account clean while maintaining debt in its subsidiaries.
Finance Minister Arun Jaitley appealed to parties to rise above partisan considerations to support it.
The RBI wants to enforce more transparency in public sector banks. Manojit Saha The Apex bank wants the government t oreduce stakes in PSUs.
For the first time, PSU banks will have a non-executive chairman, giving operational responsibility to managing director and chief executive officer.
It is mystifying how the NSE, a near-monopoly, gets protection, as the February 24 episode shows, when it is competition and accountability that should be the regulatory objective, says Debashis Basu.
Leaders across the political spectrum, social activists and top jurists on Tuesday hailed the landmark Supreme Court verdict banning the practice of instant divorce among Muslims.
DEA officials to push for this at a meeting with FM Jaitley.
Mohammed Shami's participation in the upcoming Indian Premier League (IPL) will depend on the findings of the Board of Control for Cricket in India's (BCCI) Anti Corruption Unit (ACU) chief Neeraj Kumar, acting president CK Khanna said on Friday.
The framework also envisages amendments to the Prevention of Corruption Act to exempt commercial decisions by PSBs from scrutiny by investigating agencies. Both the amendments are likely in the monsoon session of Parliament.
But it may come with a downside risk of further rise in prices of several products.
What could be the reason for this swift change in less than four years of Mistry taking charge? People in the know said it was building up. The latest trigger was Tata Power's acquisition of Welspun Renewables' solar and power assets
'The critics are getting carried away.' 'The challenge for the RBI is not any erosion of autonomy caused by demonetisation.' 'It's the whole attempt to reduce the RBI's stature and role that has been under way,' says T T Ram Mohan.
The ED had filed the first chargesheet in the case against Chidambaram's son Karti; later, a supplementary chargesheet was also filed against him.
Phase-I clinical trials have revealed "excellent safety" of the two candidate vaccines indigenously developed by Bharat Biotech in collaboration with Indian Council of Medical Research and Cadila Healthcare Ltd and their immunogenicity testing is now in progress, minister of state for health Ashwini Choubey informed the Rajya Sabha on Tuesday.
Will RBI chief have the final say, in the form of a veto
The candidate will be expected to have at least two to three years of remaining service.
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