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Arun jaitley

Marginal impact of India-Pak tensions expected: Finance Minister

The impact on the rupee has been temporary and FDI continues to rise, Arun Jaitley said. Oct 4, 2016
RBI Reserve Bank of India

MPC flags off risks to India from global headwinds

Weak global growth and rising protectionism are matters of concern, says the six-member MPC. Oct 4, 2016
Reserve Bank of India

Monetary Policy Committee cuts repo rate by 25 bps to 6.25%

The six-member MPC comprising RBI and government nominees cuts repo rate to 6.25 percent at its first meeting. Oct 4, 2016
Telecom Towers

Spectrum auction: Bids fetch Govt Rs 56,872 crore on day 2

There was a high demand for the 1,800 Mhz band, but premium bands like 700 Mhz and 900 Mhz found no takers. Oct 4, 2016
IB Times

7th Pay Commission: Modi Govt accepts proposals on promotion for employees

The 7th Pay Commission's proposals on promotion (MACP) ensure time-bound career progression for Central government staff. Oct 4, 2016
7th pay commission allowances hike central govt orop defence budget pay panel proposals pensioners india benefit money uri attack surgical strikes pakistan

7th Pay Commission: Uri attack, surgical strikes may delay decision on allowances, says report

The recommendations of the 7th CPC are applicable to 47 lakh central government employees and 53 lakh pensioners. Oct 3, 2016
UAE Crown Prince  Sheikh Mohamed bin Zayed Al Nahyan india visit republic day india trade uae oil investments relations narendra modi r-day guest muslims

Abu Dhabi crown prince Sheikh Mohammed bin Zayed Al Nahyan as R-Day guest signifies India-UAE trade ties

India officially announces that Abu Dhabi crown prince Sheikh Mohammed bin Zayed Al Nahyan will be 2017 Republic Day chief guest. Oct 3, 2016
Indians working in Saudi Arabia

Saudi Arabia releases $1 billion to help laid-off Indian migrant workers: Report

The money is part of the kingdom's efforts to help the migrant community cope with non-payment of salaries and job losses. Oct 3, 2016
air force

Rafale jets may arrive earlier than expected, says Defence Minister Manohar Parrikar

The minister said India has requested France to deliver it as soon as possible. Oct 2, 2016
Metrino

NHAI to execute India's first 'driverless' pod-based Metrino project

So far, four global firms have qualified in the initial round of bidding for the Metrino project worth Rs 800 crore. Oct 2, 2016
Telecom tower

Spectrum auction: Combined bids fetch Rs 53,531 crore on day 1

The telecom operators showed high interest in the 1800 Mhz spectrum band, which is used for delivering 2G/4G services. Oct 2, 2016
mutual funds mfs blackrock dsp hdfc icici reliance money inflows outflows equity money elss income debt sip managers fund investment  rupee appreciate indian

IDS 2016: Modi govt officially announces amount collected from tax defaulters

The four-month Income Declaration Scheme (IDS) 2016 closed on September 30. Oct 1, 2016
travel insurance irctc chennai station passengers growth travel policy growth indian railways

10 million passengers bought railway travel insurance in 29 days of launch, says IRCTC

The travel insurance entails a premium of Re. 1 and provides insurance cover of up to Rs. 10 lakh. Oct 1, 2016
Reserve Bank of India

India's foreign exchange reserves rise $1.1 billion to $370.76 billion

The Reserves Bank of India has published data on India's forex reserves for the week ended September 23. Sep 30, 2016
rupee tax collection indirect collection customs direct excise stt swachch bharat cess arun jaitley tweets finance ministry refund

IDS 2016: FM Arun Jaitley to reveal details of declarations on October 1

The Income Declaration Scheme (IDS) 2016 gives a one-time chance to come clean on undisclosed income. Sep 30, 2016
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