15 C
NEW DELHI
Thu, 19 Jan 2017

Food Corporation of India Gets ₹45000 cr Loan

The Union Cabinet has approved providing a one-time loan of ₹45,000 crore from the National Small Savings Fund (NSSF) to the Food Corporation of...

Bitcoin Exchange Launched in India

Malaysian Company Belfrics has launched its India-based Bitcoin exchange that would enable people to sell or buy Bitcoins using Indian currency. Belfrics is also planning to...

RBI Increases Cash Withdrawal Limit from ATM

Reserve Bank of India has raised the daily cash withdrawal limit to Rs 10,000 per day per card from ATM. Earlier the daily cash...

Foreign Portfolio Investors Allowed to Trade Directly

Securities and Exchange Board of India (SEBI) has permitted foreign portfolio investors (FPIs) to trade directly in corporate bonds without any broker. Currently, FPIs can...

Dumping Duty Imposed on Colour Coated Steel

The union government has imposed anti-dumping duty on colour coated steel products imported from China and European Union. The duty will be effective for...

Govt Clears Four SEZ Proposals

The government has approved proposals of four special economic zone developers. A special economic zone (SEZ) is an area in which business and trade laws...

Trade Deficit of India: Latest Data Released

According to Trade Data released by Commerce and Industry Ministry, trade deficit now stood at USD 76.54 billion. Trade deficit is an economic measure of...

Latest Bilateral Advance Pricing Agreement

The Central Board of Direct Taxes (CBDT) entered into a Bilateral Advance Pricing Agreement (BAPA) on the 13th of January, 2017 with Indian subsidiary...

Latest Facts on Indian Steel Sector

Global Scenario In 2014, the world crude steel production reached 1665 million tonnes (mt) and showed a growth of 1% over 2013. China remained the world’s...

India International Exchange Opened

Prime Minister Narendra Modi inaugurated the India International Exchange (India INX) in Gandhinagar, Gujarat during the Vibrant Gujarat Global Summit 2017. Promoted by Bombay Stock Exchange,...

Black Money: Full List of Measures Taken in this Regard

The Government has taken several steps to effectively tackle the issue of black money, particularly black money stashed away abroad. They include policy-level initiatives,...

Latest Reforms in Taxation Sector in India

Enabling provision made for implementation of various provisions of the Act in case of a foreign company held to be resident in India. Income of...

PAN or Form 60 Compulsory for Bank Accounts

Income-tax Rules have been amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in...

India’s National Income Estimates for This Year

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation have released the First Advance estimates of national income at constant (2011-12) and...