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RBI outlines broad plans on $150 billion...

RBI outlines broad plans on $150 billion bank bad loan resolution

The Reserve Bank of India (RBI) outlined the broad contours of a plan to resolve the $150 billion bad debt problem plaguing the country’s banks Mumbai: The Reserve Bank of India (RBI) outlined on Monday the broad contours of a plan to resolve the $150 billion bad debt problem plaguing the... read more »

GST: Govt dictating prices goes against ...

GST: Govt dictating prices goes against free-market spirit; will anti-profi...

In an interview  on Monday, revenue secretary, Hasmukh Adhia, gave out an explicit warning to companies planning to increase prices on products ahead of the launch of Goods and Services Tax (GST) on 1 July. Adhia, in his not-so-indirect threat, openly asked companies to hold back rate increases... read more »

Tips to Reduce Your Factory & Wareh...

Tips to Reduce Your Factory & Warehouse Insurance Premium

While it is a necessity to buy a comprehensive insurance policy to insure your factory & warehouse, there are various pragmatic ways through which a business owner can get the complete value of money or in other ways, reduce the insurance premium. Let’s have a look at some of the tips through... read more »

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Heavy Bikes, Luxury Yachts, Private Jets...

Heavy Bikes, Luxury Yachts, Private Jets to Attract 31 Percent GST PTI

Srinagar: Motorcycles of more than 350 cc engine capacity will attract a total of 31 percent tax under the GST regime, same as the tax incidence on private aircraft and luxury yachts. According to the rate structure finalised by the GST Council, all cars, buses, trucks and motorcycles including... read more »

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Economy

indias $ 325 billion of exports Targe Will be not completed this ...

New delhi – India ‘s export target of $ 325 billion in the current financial year will not be achieved . Federation of Indian Export Orgnaijeshns ( FIEO ) said the country’s exports... read more »

GDP growth to persist in 4.5-5% range in 2014: Nom...

The economy is unlikely to see any  major pick in 2014 and may end up with about just 4.5-5 per cent growth due to the ongoing fiscal and monetary... read more »

One toll tag for Delhi-Mumbai national highway from Aug...

zip across Delhi-Mumbai highway without stopping at any of the toll plazas with a single radio frequency identification (RFID) tag. Electronic toll collection... read more »

Telecom department defers spectrum auction to Feb 3

Telecom department defers spectrum auction to Feb 3

New Delhi – The Department of Telecommunications (DoT) has extended the dates of auction of spectrum in 1,800 megahertz (MHz) and 900 MHz bands. The... read more »

China to be world largest economy in 2028

China to be world largest economy in 2028

Beijing – China is expected to overtake the US in 2028 to become the world’s largest economy while India is predicted to overtake Japan that year... read more »

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Investing

Gold surges by Rs.480 to reclaim Rs.27,000 mark

New Delhi: With the wedding and festive season fast approaching, the days of cheaper gold prices seems to be over as the precious metal climbed back to Rs.27,000 mark on Friday. After registering a... read more »

Gold Tumbles to More Than Five-Year Low, China Sha...

Gold prices tumbled to a more than five-year low Monday, and China shares rose modestly, after authorities’ weekend move to tighten the use of... read more »

Rupee at at 63.39

The benchmark BSE Sensex trimmed initial gains and fell by 9 points in late morning trade, dragged down by FMCG sectors, while fresh selling was seen in IT,... read more »

Gold drops Rs 400, silver plunges by Rs 1,350

Gold, silver prices rise on brisk buying, global cues

Gold prices tumbled by Rs 400 to hit one-week low of Rs 26,750 per 10 grams at the bullion market today amid a weak global trend and low demand from jewellers... read more »

Gold futures gain 0.15% on firm global cues

NEW DELHI: Gold prices increased by 0.15 per cent to Rs 25,796 per 10 grams in futures trading today as speculators enlarged positions amid a better trend... read more »

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Gold & Metals

Government hikes import tariff value on gold, silver

NEW DELHI: The government today hiked import tariff value on gold to $401 per 10 grams and on silver to $543 per kg in line with global price trends. The tariff value on imported gold was at $392 per... read more »

Gold Edges Towards 12-Week High on Safe-Haven Dema...

Singapore: Gold edged up for a third session out of four to hover near a 12-week peak on Wednesday, bolstered by safe-haven demand as tumbling oil... read more »

Gold firm ahead of US nonfarm payrolls report

SINGAPORE — Gold rose on Friday ahead of a closely watched US jobs report and the metal was set to post its first weekly gain in four thanks to safe-haven... read more »

India not planning further curbs on gold imports –...

India is not planning to impose any further curbs on gold imports as the current account deficit is under control, Trade Secretary Rajeev Kher said on... read more »

Gold remains weak on low demand; silver recovers

NEW DELHI: Gold prices fell further by Rs 75 to Rs 27,025 per ten gram at bullion market here today on subdued demand even as the metal strengthened... read more »

More from Business

NPA framework: Ordinance to empower RBI actually gives more teeth to govt

The Presidential Ordinanceempowering the Reserve Bank of India (RBI) to enforce expeditious resolution of non-performing assets (NPAs) of banks should hardly come as a surprise. For... read more »

President Pranab Mukherjee signs ordinance empowering RBI to act directly against top loan...

President Pranab Mukherjee has approved an ordinance to amend the Banking Regulation Act, empowering the Reserve Bank of India to act directly against top loan defaulters. With the... read more »

Baba Ramdev’s MNC-bhagao plan includes Patanjali fast food chain; Ramdeo Baba expand...

Baba Ramdev, the yoga guru and promoter of home-grown FMCG company Patanjali Ayurveda, has in the past been vocal about taking the deep-pocketed multinational foreign companies operating in... read more »

Top NRI Realty Investment Destinations

Top NRI Realty Investment Destinations

The Nonresident Indian`s (NRI) investment in real estate is a big boost to the struggling reality sector. In the past, the NRI population primarily bought homes, where they would eventually... read more »

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Strong U.S. job growth, rising wages set stage for Fed rate hike

WASHINGTON (Reuters) – U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to raise... read more »