Centre Expects Rs 28,000 Crore Interim Dividend From RBI, Says Official
Business | Press Trust of India | Friday February 1, 2019
The government has already received Rs 40,000 crore from the Reserve Bank of India during 2018-19.
Budget 2019: 'Rs 1 Crore Loan Can Be Obtained Under 59 Minutes', Says Finance Minister Piyush Goyal
Business | ANI | Friday February 1, 2019
Rs 1 crore loan can be obtained under 59 minutes, said Finance Minister Piyush Goyal on Friday while presenting the interim Budget for 2019-20 in the Lok Sabha.
Here's What To Expect From 2019-20 Interim Budget
Business | Thomson Reuters | Thursday January 31, 2019
The government is expected to project economic growth of around 7.5 per cent for the next financial year.
Much Pressure On RBI To Part With Reserves Ahead Of General Elections: Report
Business | Indo-Asian News Service | Wednesday January 30, 2019
According to the central bank, its reserves require to be built up as buffers against the impact of shocks generated by interest and exchange rate movements.
State-Run Banks Can Seek Lookout Circulars Against Wilful Defaulters: Government
Business | Press Trust of India | Sunday January 27, 2019
The government had last year brought the Fugitive Economic Offenders Act, empowering the authorities to attach and confiscate the proceeds of crime and properties of economic offenders.
Need Tax Benefit To Improve Liquidity Condition For Shadow Banks: Ficci
Business | NDTV Profit Team | Thursday January 31, 2019
From management reshuffles to open market operations, the central bank and the government have time and again announced measures to rescue the non-banking financial companies. Analysts say liquidity constraints faced by some NBFCs may hamper credit supply and subsequently economic growth in the coming years.
RBI, Sebi Need To Take Cognisance Of Market Volatility, Says Urjit Patel
Business | Press Trust of India | Saturday February 10, 2018
Between February 1-9, the BSE Sensex had shed around 1,900 points. The other index, NSE Nifty shed over 500 points during the same period.
Public Sector Banks Require Rs 2.06 Trillion For 8-9% Credit Growth In FY19, Says Report
Business | Press Trust of India | Thursday February 8, 2018
In October last year, the government had announced a Rs 2.11 lakh crore bank recapitalisation plan spread over two fiscals, 2017-18 and 2018-19.
India Inc Hails RBI Retaining Repo Rate, Relief For MSME Sector
Business | Indo-Asian News Service | Wednesday February 7, 2018
In addition to the policy review, India Inc also hailed the RBI move to extend the time for repayment of loans by micro, small and medium enterprises (MSMEs) to 180 days -- providing relief to the focus sector.
5 Levies On Capital Impact Investments And Savings, Says Urjit Patel
Business | Press Trust of India | Wednesday February 7, 2018
The government proposal in Union Budget 2018-19 to impose 10 per cent LTCG tax on holding a security for over a year has not gone down well with the stock investor community.
Budget 2018 'Positive' For Various Segments, Says Rajnish Kumar, SBI
Business | NDTV Profit Team | Thursday February 1, 2018
Eyeing an election next year, the government announced massive spending for rural areas and projected an economic growth above 8 per cent in the budget that won broad approval from economists, though bond and share markets fell.
Budget 2018: Standard Deduction Reintroduced For Salaried Individuals
Business | NDTV Profit Team | Thursday February 1, 2018
Tax experts say that reintroduction of standard deduction will help salaried employees get some parity with respect to businessmen and other self-employed professionals, who can claim a number of expenses such as rent, staff expenses and driver's salary etc. as business expenditure and reduce tax burden.
SBI Hikes Interest Rates On Bulk Deposits Of Over Rs 1 Crore
Business | Indo-Asian News Service | Tuesday January 30, 2018
Bulk term deposits are defined as those for Rs 1 crore and above.
SBI To Provide Credit Cards To Farmers
Business | Press Trust of India | Tuesday January 30, 2018
The project had been taken up on a pilot basis in Gujarat, Rajshthan and Madhya Pradesh.
Banks May Increase Deposit Rates In Near Term, Says Icra
Business | Press Trust of India | Tuesday January 30, 2018
The rating agency said the recent capital infusion into state-run lenders will improve the ability of public sector banks to pursue credit growth.
Centre Expects Rs 28,000 Crore Interim Dividend From RBI, Says Official
Business | Press Trust of India | Friday February 1, 2019
The government has already received Rs 40,000 crore from the Reserve Bank of India during 2018-19.
Budget 2019: 'Rs 1 Crore Loan Can Be Obtained Under 59 Minutes', Says Finance Minister Piyush Goyal
Business | ANI | Friday February 1, 2019
Rs 1 crore loan can be obtained under 59 minutes, said Finance Minister Piyush Goyal on Friday while presenting the interim Budget for 2019-20 in the Lok Sabha.
Here's What To Expect From 2019-20 Interim Budget
Business | Thomson Reuters | Thursday January 31, 2019
The government is expected to project economic growth of around 7.5 per cent for the next financial year.
Much Pressure On RBI To Part With Reserves Ahead Of General Elections: Report
Business | Indo-Asian News Service | Wednesday January 30, 2019
According to the central bank, its reserves require to be built up as buffers against the impact of shocks generated by interest and exchange rate movements.
State-Run Banks Can Seek Lookout Circulars Against Wilful Defaulters: Government
Business | Press Trust of India | Sunday January 27, 2019
The government had last year brought the Fugitive Economic Offenders Act, empowering the authorities to attach and confiscate the proceeds of crime and properties of economic offenders.
Need Tax Benefit To Improve Liquidity Condition For Shadow Banks: Ficci
Business | NDTV Profit Team | Thursday January 31, 2019
From management reshuffles to open market operations, the central bank and the government have time and again announced measures to rescue the non-banking financial companies. Analysts say liquidity constraints faced by some NBFCs may hamper credit supply and subsequently economic growth in the coming years.
RBI, Sebi Need To Take Cognisance Of Market Volatility, Says Urjit Patel
Business | Press Trust of India | Saturday February 10, 2018
Between February 1-9, the BSE Sensex had shed around 1,900 points. The other index, NSE Nifty shed over 500 points during the same period.
Public Sector Banks Require Rs 2.06 Trillion For 8-9% Credit Growth In FY19, Says Report
Business | Press Trust of India | Thursday February 8, 2018
In October last year, the government had announced a Rs 2.11 lakh crore bank recapitalisation plan spread over two fiscals, 2017-18 and 2018-19.
India Inc Hails RBI Retaining Repo Rate, Relief For MSME Sector
Business | Indo-Asian News Service | Wednesday February 7, 2018
In addition to the policy review, India Inc also hailed the RBI move to extend the time for repayment of loans by micro, small and medium enterprises (MSMEs) to 180 days -- providing relief to the focus sector.
5 Levies On Capital Impact Investments And Savings, Says Urjit Patel
Business | Press Trust of India | Wednesday February 7, 2018
The government proposal in Union Budget 2018-19 to impose 10 per cent LTCG tax on holding a security for over a year has not gone down well with the stock investor community.
Budget 2018 'Positive' For Various Segments, Says Rajnish Kumar, SBI
Business | NDTV Profit Team | Thursday February 1, 2018
Eyeing an election next year, the government announced massive spending for rural areas and projected an economic growth above 8 per cent in the budget that won broad approval from economists, though bond and share markets fell.
Budget 2018: Standard Deduction Reintroduced For Salaried Individuals
Business | NDTV Profit Team | Thursday February 1, 2018
Tax experts say that reintroduction of standard deduction will help salaried employees get some parity with respect to businessmen and other self-employed professionals, who can claim a number of expenses such as rent, staff expenses and driver's salary etc. as business expenditure and reduce tax burden.
SBI Hikes Interest Rates On Bulk Deposits Of Over Rs 1 Crore
Business | Indo-Asian News Service | Tuesday January 30, 2018
Bulk term deposits are defined as those for Rs 1 crore and above.
SBI To Provide Credit Cards To Farmers
Business | Press Trust of India | Tuesday January 30, 2018
The project had been taken up on a pilot basis in Gujarat, Rajshthan and Madhya Pradesh.
Banks May Increase Deposit Rates In Near Term, Says Icra
Business | Press Trust of India | Tuesday January 30, 2018
The rating agency said the recent capital infusion into state-run lenders will improve the ability of public sector banks to pursue credit growth.
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