The Assam government has taken the initiative to pay workers their wages electronically and has asked banks to open branches adjacent to tea gardens and install ATMs in estates.
'Which fund manager in the world will put money into a company that hasn't filed its annual account?'
Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.
After opting for status quo in policy rates, Reserve Bank Governor Raghuram Rajan on Tuesday said any more cut will depend on further transmission of previous rate cuts by banks, softening in inflation and progress of monsoon.
'We focused on de-risking our balance sheet but we are very clear that the steps we have taken over the past few years, about changing the proportion of the loan mix, improving the ratings of the incremental portfolio, and reducing the concentration risks have now created a strong position that will allow us to attain growth with stability.'
Imposing a blanket ban on construction of houses and commercial establishments along the banks of rivers, Uttarakhand Chief Minister Vijay Bahuguna on Monday announced setting up of a statutory body to look into planning and development of the flood-hit areas of the state.
"It is a stable government and it will continue," Pawar said.
The Centre received 5.59 lakh public grievances against various government departments in the first half of this year, with the Department of Financial Services (DFS) getting most of such complaints, according to an official report.
Providing succour to distressed farmers, the Karnataka government on Saturday announced waiver of interest and penal interest on crop loans from cooperative banks for the current fiscal and hike in compensation from Rs 2 lakh to Rs 5 lakh to families of farmers who had committed suicide.
The Indian and Chinese troops are locked in an over three-year confrontation in certain friction points in eastern Ladakh even as the two sides completed disengagement from several areas following extensive diplomatic and military talks.
The relations between India and China cannot be normal if peace and tranquillity in border areas are disturbed, External Affairs Minister S Jaishankar said on Friday.
While some states like Kerala and Telangana were badly hit by the strike, the impact was partial in Punjab, Haryana and Maharashtra
Govt sets up task force to monitor circulation of fake currency; suspicious Jan Dhan accounts under scanner.
This mindless medley of products does not create choice.
The OECD is a club of developing countries and has been playing a key role in reforming the international taxation system.
India has been probing hundreds of black money cases.
Extending its support to Saarc Bank, Sri Lanka on Thursday said the proposed financial institution will help in alleviating poverty in the South Asian region.
'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'
Uttar Pradesh Deputy Chief Minister and former state BJP president Keshav Prasad Maurya had also dropped a hint in a recent tweet, saying Yaduvanshi (Yadavs), Ravidasiyo (Jatavs) and Pasmanda Muslims will be brought closer to the BJP so that the lotus 'blossoms' in every booth in UP.
The Brics Development Bank was mooted at a summit in New Delhi in March this year as an alternative to the International Monetary Fund.
The Lok Sabha elections in 2024 are not a consideration when it comes to monetary policymaking, said Reserve Bank of India governor Shaktikanta Das to underscore the central bank's commitment to controlling inflation. "It's not possible for me to comment what we do in the next MPC (Monetary Policy Committee), but one thing I can tell and I would like to make it very clear-that the fact of elections coming up in 2024 is not a factor at all so far as monetary policymaking is concerned. "Monetary policymaking is for checking (and) controlling inflation," Das said at the Business Standard, BFSI Insight Summit.
Babasaheb Adhav, a sub-inspector at the Rabale police station, was killed outside the Maharashtra and Punjab Cooperative Bank in Airoli.
Following is the full text of Prime Minister Manmohan Singh's speech at the Central Party School in Beijing on Thursday:
Monetary policy typically acts with a lag, and price stability therefore has to be viewed in a medium term perspective, Subbarao said in a speech at the South Asian Association for Regional Cooperation Finance Governors' symposium at Kumarakom in Kerala.
Gujarat Congress leader Arjun Modhvadia has alleged that former minister of state for home Amit Shah had allegedly received a bribe of Rs 2.5 crore from stock market scamster Ketan Parekh to help him in a bank fraud case.
That apart, farmers will get loans for post-harvest storage of their produce at a subsidised interest rate of 7 per cent for six months.
The 12-year loan will part finance the proposed expansion of RIL's petrochemical plants and setting up of new gasification unit and refinery off-gas cracker over the next 2-3 years.
The sources said India has always been a steadfast supporter and a responsible partner in implementing the IWT in letter and spirit.
A fresh PIL was filed on Thursday in the Supreme Court seeking a probe by multiple central government agencies under the supervision of a panel or a former apex court judge against the Adani Group of companies following allegations of fraud and share price manipulation made by the US-based Hindenburg Research.
Prime Minister Narendra D Modi's itinerary for his June 21-24 US visit could include an address to a fledgling business advocacy group, the US-India Strategic Partnership Forum.
China on Tuesday announced that its Defence Minister General Li Shangfu will visit India this week to attend the meeting of SCO defence ministers from April 27 during which he is expected to hold talks with his Indian counterpart Rajnath Singh on ending the prolonged eastern Ladakh standoff which has severely strained bilateral ties.
He was referring to the issue of Indians allegedly stashing unaccounted money in Swiss banks.
The Nepal government signed a $215.96 million soft loan agreement with China in March 2016 for the construction of the airport in this tourist hub.
Hitting back at Prime Minister Narendra Modi for his corruption jibe at the Opposition, Congress president Mallikarjun Kharge on Wednesday accused him of running a "bhrashtachari bhagao abhiyan" (make the corrupt flee campaign), and said that he must stop his image makeover by posing as an anti-corruption crusader.
Tabled by Minister of State for Home Affairs Nityanand Rai, the legislation will reverse the effect of the Supreme Court verdict in May that gave the Delhi government power over administrative services.
The summit is also being attended by Pakistan Prime Minister Shehbaz Sharif, Iranian President Ebrahim Raisi and leaders of several central Asian countries.
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