On September 4, at a time when the rupee was the worst performer among Asian currencies, Raghuram Rajan took charge as RBI's governor.
Australia made a stuttering start to coach Justin Langer's tenure as they lost by three wickets to England in the opening match of the one-day series at The Oval.
It is also felt that under the current market conditions, the building is unlikely to garner the kind of funds expected from a prime real estate at Nariman Point
Food inflation increased in the week ended September 18 as the prices of cereals, fruits, select vegetables and milk rose on account of supply disruptions caused by heavy rains and floods.
Despite only Rs 2,000 crore (Rs 20 billion) mopped in the first half through disinvestment, the finance ministry said on Tuesday it is 'confident' of meeting the Rs 40,000-crore (Rs 400-billion) target for the current fiscal, as there is enough appetite in the market.
In order to counter the growing penetration of e-commerce portals, the ICT industry in Gujarat is also mulling initiation of its own portal for selling products.
Despite a steady collection rate, the government faces a steep Budget target of Rs 6.1 trillion for CGST for 2019-20.
Move could fetch the exchequer Rs 14,000 cr
Manchester United's big-money signing Marouane Fellaini faces several weeks on the sidelines after having an operation on his wrist.
Heavy security arrangements have been put in place, ahead of the twin public rallies of Prime Minister Narendra Modi to be held on Saturday in Kathua and Rajouri districts.
The markets were expecting the government to borrow around Rs 3 lakh crore (Rs 3 trillion) during April-September 2010, out of total Rs 4.57 lakh crore (Rs 4.57 trillion) pegged for the entire fiscal.
India produced a clinical all-round performance to thrash hosts South Africa by 88 runs in the first one-dayer of the ICC Women's Championship at Diamond Oval in Kimberley on Monday.
Insiders say that BP is planning a containment cap.
The trends remained sluggish in the primary stock market
'It is perplexing to see the leader of the First World with a first rate medical infrastructure come up short on its foresight to handle the pandemic,' notes Group Captain Murli Menon (retd).
With the government planning to mop up Rs 24,000 crore (Rs 240 billion) through disinvestment this financial year, investors have once again become interested in public sector companies.
Revenue foregone on account of corporation tax exemptions is estimated to grow by 16 per cent in 2018-19 (FY19) versus 8.7 per cent in the previous year and 12 per cent in 2016-17, show the Budget documents.
The Centre mopped up Rs 2.46 lakh crore from indirect taxes in the last fiscal, as much as Rs 2,000 crore (Rs 20 billion) more than the revised target, despite stimulus packages.
The Rs 67,700 crore (Rs 677 billion) revenue mop up from the auction of 3G licence will help the government cut its fiscal deficit to nearly 4.9 per cent from 5.5 per cent of GDP projected in the Budget.
Led by state-owned LIC, new business for the life insurance industry recorded a growth of 25 per cent during 2009-10, overcoming the decline witnessed a year ago on account of the global financial meltdown.
The government has set base prices for all the 22 zones at Rs 3,500 crore.
Ranbir Kapoor is sporting a cool new look for The Game, an upcoming TV concept from Pepsi.
The total overseas loans raised by 48 companies through external commercial borrowings moved up from $494 million in May to $1.9 billion in June, according to the ECB data, released by the RBI on Thursday. Of the total overseas borrowings, $573 million were raised through automatic route and $1.3 billion was mopped up through approval route.
More than a week after state-owned oil firms ended a 19-day pre-Karnataka poll hiatus on revising fuel prices, petrol and diesel rates have touched record highs.
Private and public sector oil firms have opposed levy of five per cent customs duty on crude saying this would make import of products like jet fuel cheaper than manufacturing them in the country.
Lt Colonel E K Niranjan was undertaking a mopping up and render safe procedure on the encounter spot when a blast occurred and splinters and sharpnels hit the officer fatally.
Dealers said increased demand for dollar from importers mainly put pressure on the local unit but a higher opening in the domestic equity market and gains in other currencies overseas against the dollar capped the losses.
Excise collections for April have been badly hit, resulting the fiscal deficit touching 16 per cent of target in the very first month itself, which could douse expectations of interest rate cuts.
An announcement to this effect could be made in the Budget scheduled to be unveiled by finance minister Pranab Mukherjee in the Lok Sabha on July 6. The decision to permit SEZ developers to raise ECBs, sources said, would promote development of the special economic zones, besides helping the government in arresting decline in the foreign exchange reserves.
The state-run mining giant NMDC on Monday filed the draft prospectus with the market regulator Sebi for its follow-on public offer, through which the government expects to mop up Rs 20,000 crore (Rs 200 billion).
The government will mop up Rs 1,400 crore (Rs 14 billion) this fiscal by taxing the second instalment of arrears due to central government employees, who were awarded increased salaries by the Sixth Pay Commission.
Vacancies in high courts continue to mount with the collegium which made a comeback three months ago yet to recommend fresh names for the posts, including that of chief justices to eight of them.
The country's largest realty firm, DLF, has mopped up about Rs 100 crore (Rs 1 billion) as booking amount for flats it had offered in the second phase of its housing project in the heart of the National Capital.
The divestment department has lined up a host of companies.
In a clear sign of the strength of the industrial comeback, excise duty collection for August registered a 22.7 per cent increase over last month, raising the government's hope of meeting the indirect tax mop-up target for the year.
"The scheme was there for 11 months. On review, we decided to discontinue it. We may also re-introduce it going ahead," SBI chief financial officer S S Ranjan said.
NPS still has critics despite being in business for a decade and mopping Rs 24,000 crore as of 2013-14.
The Central Board of Excise and Customs (CBEC) have tightened noose on commercial renting of immovable property and telephone companies by receiving information through other sources to detect any possible evasion of service tax.
Delhi International Airport Ltd, the five-company consortium led by Bangalore-based infrastructure conglomerate GMR Group that is upgrading Delhi airport, has managed to raise over Rs 1,000 crore (10 billion) to meet its financial obligations for the Rs 8,890-crore (80 billion) project.
'Searching for the target with bare eyes was like searching for the needle in the haystack, but due to the technology, we had a clear picture of the seven tents perched against the rocky background on our scopes.'
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