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News at a Glance


RBI will cut repo rates, say experts

The RBI (Reserve Bank of India) will cut its repo rate this week, say experts.

Posted On :28/Sep/2015 9:45:36 AM

Reserve Bank advises Rs. 50/- currency notes to be made available in ATMs!

Information is gathered that the Reserve Bank of India has advised all the banks that provision must be made to dispense Rs. 50/- currency notes also in all ATMs.

Posted On :27/Sep/2015 6:00:26 PM

Reserve Bank of India: FEMA not applicable in Black Money affairs!

Reserve Bank of India has announced that no action will be taken under FEMA (Foreign Exchange Management Act) for those who voluntarily come forward to declare their black money details.

Posted On :26/Sep/2015 4:40:30 PM

Plan for easier & quicker loans for small scale entrepreneurs

Central Minister for Finance,Mr. Arun Jaitley, flags off the Awareness Week for the governments plan to facilitate simpler & faster loans � Mudra loans -for small scale entrepreneurs.

Posted On :26/Sep/2015 4:32:48 PM

E Tailers are gearing up for the festival season

Many E Tailers are gearing up for the festival season. E-commerce companies are bracing for a bull run this festive season, eying manifold growth in sales in the October-November period through exclusive brand tie-ups and product launches.

Posted On :26/Sep/2015 12:09:18 PM

Mukesh Ambani remains Indias richest person for 9th year

Annual list of the richest Indians has been released by Forbes. Mukesh Ambani has retained the number one spot for the 9th consecutive year with a networth of nearly USD 19 billion.

Posted On :24/Sep/2015 1:11:18 PM

RBI targets inflation rate long term

Experts feel that the RBI (Reserve Bank of India), under the leadership of its Governor Raghuram Rajan, will resist political pressure and remain focused on the inflation target of 4%.

Posted On :24/Sep/2015 12:10:06 PM

Global crude oil price of Indian Basket was US$ 46.33 per bbl on 23.09.2015

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 46.33 per barrel (bbl) on 23.09.2015.

Posted On :24/Sep/2015 11:13:09 AM

BIS to develop standards for 43 products under Make in India programme

Bureau of Indian Standards (BIS) has taken up development of standards for 43 products identified by Department of Industrial Policy & Promotion (DIPP) for manufacturing quality products in the country under Make in India programme.

Posted On :24/Sep/2015 9:50:10 AM

September 30 is the last day to Declare Undisclosed Foreign Assets

An official statement said that Wednesday (September 30) is the last day for individuals to declare undisclosed foreign assets under the new Black Money act.

Posted On :23/Sep/2015 11:05:50 AM