RBI hikes bank rate to 350 bps to manage liquidity
NI Wire, Tue, 14 Feb 2012
The Reserve Bank of India (RBI), Monday announced to hike bank rate by 350 basis points (bps) from 6% to 9.5%
for the short-term period in order to make technical adjustment, as per Master Bank announced here...
Standing Committee yet to decide Direct Tax Code
NI Wire, Fri, 10 Feb 2012
A 31-member Standing Committee on Finance led by former Finance Minister Yashwant Sinha has reportedly
deferred its final report on 'Direct Tax Code' (DTC) due to differences on some issues.....
General Budget 2012-13 to be present on March 16: Bansal
NI Wire, Tue, 7 Feb 2012
The general budget for financial year (FY) 2012-13 will be presented by Finance Minister Pranab Mukherjee on
March 16 after beginning the budget session.....
US economy improving, better job prospects: Expert
NI Wire, Mon, 6 Feb 2012
Washington, Feb.6: Charles Schwab, Chief Investment Strategist Liz Ann Sonders is of the opinion that the American economy is improving, and it may better chances of giving jobs to the unemployed
PM predicts lower growth rate in FY2011-12
NI Wire, Fri, 3 Feb 2012
Predicting a lower growth rate in the range of 7-7.5% as against projected 9% in the last presented budged by
Finance Minister Pranab Mukherjee, Prime Minister....
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