22 C
NEW DELHI
Wed, 18 Oct 2017

Inter-Bank Local Currency Credit Line Agreement

The Union Cabinet has given its approval to the signing of the (i) Interbank Local Currency Credit Line Agreement and (ii) Cooperation Memorandum Relating...

Fiscal Deficit Reaches 96% Of Yearly Target In August

India’s fiscal deficit at August-end touched 96.1 per cent of the budget estimate for 2017-18, mainly due to rise in expenditure. In absolute terms, the...

India Volatility Index

The National Stock Exchange (NSE) started trading of futures contracts based on the Indian VIX index from 26thFebruary, 2014. India VIX is the pet name...

RBI Issues New Rs.200 and Rs.50 Notes

The Reserve Bank issued new Rs 200 and Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of RBI Governor Urjit...

‘Northeast Venture Fund’ in News

According to Indian government, the 'Northeast Venture Fund' offered by the Ministry of Development of North-Eastern Region (DoNER) is attracting young Start-Ups in more...

Bharat Wagon and Engineering Company Closed

The Cabinet Committee on Economic Affairs has approved the proposal of Ministry of Railways to close the Bharat Wagon and Engineering Company Limited (BWEL)...

Framework for Consolidation of Public Sector Banks

The Union Cabinet has given in-principle approval for Public Sector Banks to amalgamate through an Alternative Mechanism (AM). The decision would facilitate consolidation among...

Advance Estimates of Production of Major Crops

The 4th Advance Estimates of production of major crops for 2016-17 have been released by the Department of Agriculture, Cooperation and Farmers Welfare in...

Support to Industrial Units in Mountainous States

The Union Cabinet Committee on Economic Affairs chaired by the Prime Minister Modi has given its approval to the Scheme of providing Budgetary Support...

Factors Responsible for Widening of Current Account Deficit

India’s current account deficit (CAD) at US$ 3.4 billion (0.6 per cent of GDP) in Q4 of 2016-17 was higher than US$ 0.3 billion...

New Exchange Traded Fund Launched

The Union Finance Minister Arun Jaitley launched a new Exchange Traded Fund (ETF) by the name BHARAT 22. Bharat 22 consists of 22 stocks of...

Latest WPI Base Year

The Government has revised the base year of All-India Wholesale Price Index (WPI) from 2004-05 to 2011-12. The revision of the base year of...