CAclubindia News

RBI to pause if inflation slows

27 October 2011 at 12:45

The Reserve Bank of India (RBI) raised its key policy rates by 25 basis points (bps) on Tuesday, pressing ahead with its battle against inflation while signalling it will hold from further increases amid concerns about decelerating economic growth

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D Subbarao | We will not cut rates even if inflation drops to 7%

27 October 2011 at 12:45

Mumbai: Reserve Bank of India (RBI) governor D. Subbarao on Tuesday ruled out a reversal in the Indian central bank’s monetary policy even if inflation drops to 7% by March 2012 and remains at that level for months. After presenting the quar

Posted in Others | 1 comments | 4458 Views

RBI's Today Monetary Policy Announcement would help in getting us back to a more Comfortable Inflation Situation soon: FM

25 October 2011 at 16:43

The Union Finance Minister Shri Pranab Mukherjee has said that the todays monetary policy announcement by Reserve Bank of India (RBI) would help in getting us back to a more comfortable inflation situation soon while leaving scope for growth

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One per cent Interest Subvention on Housing Loans upto Rs.15 lakh with cost of the house not exceeding Rs.25 lakhs

25 October 2011 at 16:43

The Union Cabinet today approved the proposal under 1% interest subvention on housing loan scheme liberalising the limit of housing loan upto Rs.15 lakh where cost of the house does not exceeding Rs.25 lakh from the present limit of Rs.10 lakh and R

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RBI to hike key rates again; auto, home loans to cost more

25 October 2011 at 12:44

The Reserve Bank of India (RBI) is widely expected to again hike key policy rates on Tuesday to curb stubbornly high inflation. The 13th hike since March 2010 will make home and auto loans costlier and put further pressure on economic growth. Wit

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The Income Tax Department has released a Notification for PAN application

24 October 2011 at 16:01

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] Notification New Delhi, the 17th day of October, 2011 INCOM

Posted in Income Tax | 21 comments | 46617 Views

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 | 5493 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 | 6471 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

Posted in Others | 4845 Views