Others News

Will G-20 walk the talk?

07 November 2011 at 12:36

In the week ahead of the just-concluded meetings of the Group of Twenty (G-20) nations at Cannes, two events unfolded. First, Japan intervened in the currency market to shore up the yen, taking financial markets by surprise. Second, even more unex

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Can microfinance institutions lower their loan rates?

07 November 2011 at 12:36

India’s Parliament is expected to take up a Bill for discussion in the ensuing winter session that will govern microfinance institutions (MFIs). When it becomes law, the Micro Finance Institutions (Development and Regulation) Bill will give

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RBI relaxes norms to woo FII investments in infrastructure sector

05 November 2011 at 15:57

To attract foreign funds in infrastructure, the Reserve Bank of India (RBI) on Thursday made investment in infra debt papers easier. Foreign institutional investors (FIIs) can now sell their investments in infrastructure bonds up to $5 bi

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RBI wants IIFCL to focus on direct lending

05 November 2011 at 15:57

The Reserve Bank of India (RBI) wants India Infrastructure Finance Co. Ltd (IIFCL) to focus on direct lending and restrict the refinancing business as it raises the cost of funds for end borrowers. State-owned IIFCL provides credit for infrastru

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Union Finance Minister, Shri Pranab Mukherjee's Speech at the Ninth India today Chief Minister's Conclave

05 November 2011 at 11:27

Following is the text of the speech of Union Finance Minister, Shri Pranab Mukherjee delivered, here today at the Ninth India Today Chief Minister’s Conclave: “It gives me great pleasure to be here for the Ninth India Today Chief Min

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CBEC Observes Vigilance Awareness Week

05 November 2011 at 11:26

As a part of the Vigilance Awareness Week being observed from 31st October to 5th November, 2011, the Central Board of Excise and Customs (CBEC),Ministry of Finance, organized an interaction with officers and staff, here today. This was presided o

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Greek euro threat looms over Cannes G20 summit

04 November 2011 at 11:45

The threat of a Greek exit from the euro zone hung over a meeting of G20 leaders on Thursday after France and Germany made it clear that Athens must decide urgently whether it wants to stay in the 12-year-old currency bloc. The summit on the Fre

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Task Force on an IT Strategy for PDS Submits Report to Finance Minister

04 November 2011 at 11:18

The Task Force on an IT strategy for PDS submitted its report to the Finance Minister today. Following the announcement by the Finance Minister in his Budget Speech for 2011-12, the Task Force on Direct Transfer of Subsidies on Kerosene, LPG and

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Conference of CVOs Organized by Department of Financial Services, Ministry of Finance

04 November 2011 at 11:18

During the Vigilance Awareness Week, Department of Financial Services, Ministry of Finance organised a full day Conference of Chief Vigilance Officers in Public Sector Banks, Public Sector Insurance Companies and Financial Institutions, here today

Posted in Others | 1 comments | 4125 Views