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  Business   Economy  09 Feb 2017

Business, Economy, 09 Feb 2017

Govt appoints 3 directors on RBI Central Board

The government nominates 16 Non-Official Directors on the Board.

09 Feb 2017 6:09 PM

Aadhaar now mandatory for buying PDS foodgrains

Earlier, it was essential not compulsory to produce Aadhaar card for buying wheat, rice and kerosene at PDS shops.

09 Feb 2017 5:36 PM

300 mining leases to be put on auction in FY'18: Govt

So far, around 21 mining leases have already been auctioned.

09 Feb 2017 4:36 PM

India aspiring to be a developed country: Jaitley

Finance minister informs Parliament that frauds like chit funds scams were result of a cash economy.

09 Feb 2017 4:08 PM

India will be world's fastest growing economy in 5 yrs

US intelligence think-tank says Pakistan will seek 'other methods' to maintain even a semblance of balance.

09 Feb 2017 3:19 PM


Bill soon to tackle bankruptcy in financial sector: Das

Insolvency and Bankruptcy law that has been enacted deals with the corporate sector, LLPs and partnership firms.

09 Feb 2017 3:05 PM

No decision yet on imposing tax on cash transactions: Das

Das said that reduction in corporate tax cannot be done overnight but in phases because of fiscal constraint.

09 Feb 2017 2:02 PM

RBI to be on hold unless inflation, growth undershoot targets

RBI lowered its 2016-17 GVA growth projection to 6.9 per cent from 7.1 per cent earlier.

09 Feb 2017 12:35 PM

RBI signals end to easing cycle, low rate regime

Central bank in its Feb 8 policy meet changed its stance to neutral from accommodative, stunning bond investors.

09 Feb 2017 11:12 AM