The Union Finance Minister Shri Pranab Mukherjee said that Indian economy will soon revert back to the path of higher growth trajectory. He said that the present downturn is only temporary. The Finance Minister was addressing the fourth meeting of
Dr. D. Subbarao, Governor, Reserve Bank of India will announce the Third Quarter Review of Monetary Policy 2011-12 in a meeting with the chief executives of major scheduled commercial banks at 11.00 a.m. on Tuesday, January 24, 2012 at the Centr
Second Meeting of IASB Emerging Economies Group (EEG)
Guidelines for Preparation of Outcome Budget 2012-13
Monetary Measures On the basis of the current macroeconomic assessment, it has been decided to: keep the cash reserve ratio (CRR) unchanged at 6 per cent; and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at
Initial numbers show almost no increase from last year; officials say clearer picture to emerge by weekend Fears that the slowing Indian economy could be reflected in the financials of its companies intensified on Thursday with initial numbers o
RBI/2011-12/299 DGBA.CDD. No. H- 3764 /15.02.001/2011-12 December 15, 2011 The Chairman and Managing Director/Managing Director Head Office, Government Accounts Department State Bank of India/State Bank of Patiala/ State Bank of Bikaner &
The Indirect Taxes Committee of the Institute has submitted the Pre-Budget Memorandum, 2012 relating to Indirect Taxes to the Ministry of Finance on 7th December, 2011. The Memorandum contains suggestions on various issues in the area of indirect
The Government of India has, in exercise of the powers conferred by Sec. 28A of the Chartered Accountants Act, 1949, constituted a Quality Review Board to perform the following functions:- (a) to make recommendations to the Council with regard
The Indian rupee, which has depreciated against the dollar for seven consecutive trading sessions, has shed almost 4% since last week On a day the rupee touched a new lifetime low of 53.85 against the dollar, C Rangarajan, chairman of the Prime