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Business confidence on the decline: CII

   24 October 2011 at 10:29

Uncertainty surrounding the global economy, rising cost of inputs and high interest rates have led to a decline in business confidence during the current quarter, especially among smaller firms, according to a survey by the Confederation of Indian

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Your loans to get costlier; RBI set to hike rates

   24 October 2011 at 10:29

The Reserve Bank of India is expected to raise interest rates in its mid-year monetary policy review on Tuesday — the 13th time in 19 months —to cool inflation that has remained stubbornly high during the past few months. For consume

Posted in Others  2 comments |   5487 Views


SC wants separate account for F1 entertainment tax

   22 October 2011 at 17:30

Jaypee Sports International Ltd, organizer of Indias first Formula One (F1) Grand Prix, was directed by the Supreme Court on Friday to deposit 25% of ticket sale receipts in a separate account. The court passed the interim order in

Posted in Others  1 comments |   6465 Views


Sebi vigilance chief issues probity call

   22 October 2011 at 17:30

The chief vigilance officer of Indias stock market regulator has sent an internal mail to all employees saying his office has been getting complaints alleging that some officers are in constant touch with others to settle cert

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Need for Better Co-Ordination Between Monetary and Fiscal Policies for Improving Overall Economic Stability and Growth : FM

   22 October 2011 at 10:28

The Finance Minister Shri Pranab Mukherjee has said that the present global economic developments and more particularly the sovereign debt crisis of Europe has once again brought into focus the need for better co-ordination between monetary and fi

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Finance ministry suggests reconciling accounting standards

   21 October 2011 at 18:00

In a move that can help solve corporate litigation with the tax departments and mark a step forward in Indias commitment to implement International Financial Reporting Standards (IFRS), the finance ministry has suggested reconciliation of G

Posted in Others  1 comments |   9033 Views


RBI may hold fire after 25 bps hike

   19 October 2011 at 13:11

The task before the Reserve Bank of India (RBI) as it prepares to unveil the second quarter review of monetary policy is tricky. Headline wholesale price inflation (WPI) continues to be sticky, close to double-digit levels in provisional terms. Al

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RBI against letting MFIs collect small deposits

   19 October 2011 at 13:11

Indias central bank has objected to a government proposal to allow microlenders to collect small deposits from poor borrowers. The Reserve Bank of India (RBI) has said it is concerned about the safety of the money deposited with microlend

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FM to Inaugurate Economic Editors' Conference Tomorrow

   18 October 2011 at 14:58

Press Information Bureau is organizing its two-day Annual Economic Editors’ Conference in the National Media Centre, Shastri Bhawan, New Delhi which will be inaugurated by the Finance Minister Shri Pranab Mukherjee tomorrow. There will be

Posted in Others |   2340 Views


India's economy 'is slowing sharply': Moody's

   18 October 2011 at 12:07

India’s growth has weakened under the brunt of 12 interest rate increases since March 2010 that have pushed up borrowing costs for everything from consumer appliances to plant equipment India’s slowing economic growth is a “ca

Posted in Others |   5079 Views



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