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  Business   Economy  15 Dec 2016

Business, Economy, 15 Dec 2016

RBI restricts withdrawal from certain bank accounts, monthly limit maintained

The monthly limit for withdrawal and transfer from a small account is Rs 10,000.

15 Dec 2016 9:06 PM

Exports up 2.29 pc to USD 20 bn in November

Imports too increased by 10.44 per cent to USD 33 billion, leaving a trade deficit of USD 13 billion in November.

15 Dec 2016 6:37 PM

RBI taking steps to lower digital transaction cost

Government and RBI are fully aware of cyber security challenges and ensuring strong firewalls around the systems.

15 Dec 2016 5:49 PM

Govt wants to retain 8.8% interest on EPF

The CBT is scheduled to meet on Monday where the issue of interest rate is listed on the agenda.

15 Dec 2016 4:22 PM

Bring land, realty, power under GST fold: Subramanian

The GST Council, however, has finalized a four-tier tax structure -- 5, 12, 18 and 28 per cent.

15 Dec 2016 3:20 PM

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Govt to raise withdrawal limit after banks get 80% new notes

As of now banks in country have been stashed with 50 per cent of new currency notes as a replacement of demonetised notes.

15 Dec 2016 2:53 PM

Centre sanctions Rs 30 cr for solar cities programme

Financial support up to Rs 9.50 crore is available to eight model solar cities and up to Rs 2.50 crore to 15 pilot solar cities.

15 Dec 2016 1:24 PM

Rupee tumbles to 67.85 against US dollar

Appreciation of American currency globally and Foreign fund outflows kept pressure on the rupee.

15 Dec 2016 9:58 AM

US Federal Reserve raises key interest rate

Central bank announced that it's increased its benchmark rate by 0.5 percent to 0.75 percent.

15 Dec 2016 7:53 AM

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