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RBI announces rate of interest on Floating Rate Bonds, 2020

20 Jun 2013

The rate of interest on the Floating Rate Bonds, 2020 (FRB, 2020) applicable for the half year June 21, 2013 to December 20, shall be 7.34% per ...

Fall in rupee will not help exporters: FIEO

20 Jun 2013

Terming rupee hitting life-time low of 59.93 vs dollar as "bad news" for the economy, exporters today said it will not only raise imports bill ...

Unemployment up 10% in two years on GDP declaration

20 Jun 2013

Unemployment in India rose 10.2% in a span of two years as 10.8 million people were without any kind of work as on January one, 2012 against 9.8 ...

New power proj bidding norms to have 'risk mitigation' steps

20 Jun 2013

Amid electricity producers facing issues with fuel price volatility, government is looking to ensure necessary "risk mitigation" measures are in ...

Walmart, Tesco seek assurance on non-reversal of FDI policy

20 Jun 2013

Global retailers like Walmart and Tesco have sought assurance from India that any change of governments at both centre and states should not ...

Poorest of poor survive on Rs 17 a day in villages: NSSO

20 Jun 2013

Top 5% of the population had an MPCE of Rs 4,481 in rural areas and Rs 10,282 in urban areas

Arbitration not yet commenced in KG-D6 output fall: PetroMin

20 Jun 2013

Nearly a year after arbitrators were appointed to decide whether Reliance Industries can be penalised for producing less than target, the ...

RBI to intervene when required to check Re volatility: Montek

20 Jun 2013

RBI has enough "fire power" to deal with the rupee volatility and will intervene in the forex market as and when required, said Planning ...

Panel asks Jaiswal to permit medium-term PPA for coal linkages

20 Jun 2013

A Parliamentary panel has suggested to the Coal Ministry to accept Power Ministry's recommendations for permitting medium-term power purchase ...

Govt approves merger of centrally sponsored schemes to 66

20 Jun 2013

The government has also decided to alter the scheme guidelines to suit requirements of the states

India to levy commodities transaction tax from July 1

20 Jun 2013

India, the world's biggest buyer of gold, will levy 0.01% commodities transaction tax on futures contracts of non-agricultural commodities like ...

RBI may soon start overnight sale of govt cash surplus

20 Jun 2013

MUMBAI (Reuters) - The Reserve Bank of India is likely to soon start placing surplus government funds with banks through overnight auctions at ...

Rupee not in shambles; will take action as warranted: FinMin

20 Jun 2013

The rupee hit a life time low of 59.93 to a dollar in early trade today

Rajan rules out more steps to curb gold import

20 Jun 2013

Ruling out more steps to curb gold import, Chief Economic Advisor Raghuram Rajan today said there is no need for knee-jerk reaction as blanket ...

Sebi extends new fund offer period to 30-day for RGESS

20 Jun 2013

Market regulator Sebi has notified regulations that allowed mutual funds to accept investor money in new plans under the Rajiv Gandhi Equity ...

Delhi's Connaught Place among world's most expensive office spaces

20 Jun 2013

Five of the six most expensive office areas in the world are in Asia, as demand by global companies to locate there outstripped the supply, ...

Sebi sets up local office in Chandigarh

20 Jun 2013

Capital market regulator Sebi has established a local office in Chandigarh, as part of a move to decentralise its work to regional offices.

Govt is ready to take step to curb rupee volatility: Rajan

20 Jun 2013

With the rupee dipping to an unprecedented low level, the government is ready to take step to curb volatility, Chief Economic Advisor to the ...

Govt unlikely to ban gold imports or hike gold import duty: official

20 Jun 2013

NEW DELHI (Reuters) - India is unlikely to ban gold imports or increase import taxes on the metal further, as that may lead more gold smuggling, ...

Govt to take action to stem rupee fall as necessary: Rajan

20 Jun 2013

The government is not short of options to tackle the fall of the rupee and will take actions as necessary, the top adviser in the finance ...

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