Raghuram Rajan meets FM; discusses economic situation
New Delhi: Ahead of the RBI's central board meet, the central bank chief Raghuram Rajan on Thursday met Finance Minister P Chidambaram and is understood to have discussed economic issues."Our meeting
LPG portability in Andhra Pradesh from Oct 6
Hyderabad: Nearly 17 lakh domestic LPG consumers in Hyderabad and Visakhapatnam can avail the LPG portability scheme announced by the Centre on Wednesday.Initially the scheme will be applicable only
EPFO to start online service for transfer claims next month
New Delhi: The Employees' Provident Fund Organisation (EPFO) is all set to start online transfer of provident fund accounts in the first half of October, a move that will benefit over 13 lakh applica
Gold jumps to three-week high on strong global cues
Snapping 2-day losing trend, gold prices climbed to nearly 3-week high by surging Rs 1,000 per 10 grams in the national capital on Saturday on brisk buying by stockists, driven by strong global cues.
India, US eye 5-fold increase in commerce
Eyeing to increase 2-way commerce by 5 times from the current level of $ 100 billion, India and the US have vowed to expeditiously address all trade and investment policy issues to remove obstacles and improve business environment in both countries.
Banks to bear cost of frauds via cards
New Delhi: Refusing to give further extension to banks for complying with security norms, the RBI on Friday said that banks will have to bear the cost of fraudulent card transaction through point of
Foreign IPOs made easy for $
New Delhi: Finance ministry on Friday allowed domestic companies to list and raise capital overseas without first being listed on local exchanges to boost capital inflows.Currently unlisted companies
Fundamentals strong; growth to improve in second half: Singh
New York: Asserting that the fundamentals of the Indian economy are strong, Prime Minister Manmohan Singh has said GDP will improve in the second half of fiscal 2013-14 and that the government is com
Nano unveiled as new Delhi Police PCR van at security Expo
New Delhi: Tata's small car Nano was on Thursday unveiled in a new avatar- the new probable Delhi Police emergency response vehicle to cater to women and children in distress.
The curtains of the whi
US economy grew 2.5% in second quarter
The US economy grew at an annual rate of 2.5 percent in the second quarter, the Commerce Department said Thursday, leaving its prior estimate unchanged.