09/09/2010 10:46 PM |
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The share of government (the main borrower from bilateral and multilateral sources) in India's total external debt has reduced significantly to 26% in March 2010 from 60% in 1990.Govt share in total debt dips to 26%Govt share in total debt dips to 26%
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09/09/2010 09:08 PM |
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SCy rejected the I-T department's contention that cos based in India were liable to deduct tax when they make any payment overseas.All payments made abroad not within ambit of withholding tax, rules SCAll payments made abroad not within ambit of withholding tax, rules SC
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09/09/2010 03:51 PM |
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The country's largest lender State Bank today said there is some concern regarding the pace of growth of credit offtake.Credit growth slower than expected: BhattCredit growth slower than expected: Bhatt
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09/09/2010 11:36 AM |
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Five states, including Gujarat, Maharashtra, Orissa, Andhra Pradesh and Karnataka, attracted about 50 per cent of the total Rs 105 lakh crore investment proposals made in 20 states, a study has said.Five states attract about Rs 50L cr investment proposalsFive states attract about Rs 50L cr investment proposals
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09/09/2010 08:13 AM |
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Government plans to set up a 500 bn rupee debt ($10.74 bn) fund for the power sector, Power Secretary P. Uma Shankar said on Thursday.Govt plans to set up 500 bn rupee power fundGovt plans to set up 500 bn rupee power fund
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08/09/2010 10:54 PM |
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Concerned over inadequate funding of low-cost housing projects, the finance ministry may nudge state-run banks and housing finance companies to set aside more funds.Govt to prod banks to lend more for low-cost housingGovt to prod banks to lend more for low-cost housing
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07/09/2010 10:50 PM |
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The net worth of Karur-based old private sector Karur Vysya Bank is set to cross Rs 2,000 crore, following the board decision on Tuesday to issue bonus and rights shares (at premium), subject to statutory approvals.Karur Vysya targets Rs 2k-cr net worthKarur Vysya targets Rs 2k-cr net worth
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07/09/2010 09:51 PM |
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Finance minister Pranab Mukherjee will now review the proposals before they are sent to the Reserve Bank of India, or RBI.Financial inclusion USP may make getting banking licences easierFinancial inclusion USP may make getting banking licences easier
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07/09/2010 09:03 AM |
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Margins are likely to slip as wholesale debt markets deepen and corporate customers access the wholesale markets directly.Banks' margins may slip, focus on i-banking by 2020Banks' margins may slip, focus on i-banking by 2020
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07/09/2010 03:49 AM |
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The revenue department has shot down a proposal seeking tax concessions to large SEZs for building infrastructure to ensure contiguity where water-bodies, roads or railway lines pass through them.No special sops for large SEZs: MoFNo special sops for large SEZs: MoF
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06/09/2010 11:57 PM |
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More than Rs 60,000 crore of debt and no scope for any dramatic improvement in the situation was the quandary Indian airlines were facing when they frantically looked out for a bailout.Debt rejig: A breather for airlinesDebt rejig: A breather for airlines
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06/09/2010 01:01 PM |
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Inadequate regulation was one of the reasons for the sharp rise in private sector debt in many countries, prior to the global financial crisisPvt sector debt rose due to inadequate regulation:BISPvt sector debt rose due to inadequate regulation:BIS
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06/09/2010 12:42 PM |
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India's net direct tax receipts in the first five months of the fiscal year rose 13.91 percent to 1 trillion rupees from a year-agoApril-Aug direct tax receipts up 13.91% y/yApril-Aug direct tax receipts up 13.91% y/y
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04/09/2010 12:09 AM |
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The labour ministry has said that equity investments would only be possible after the finance ministry fills in some information gaps.EPFO moots parking funds in star PSUsEPFO moots parking funds in star PSUs
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03/09/2010 02:08 PM |
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India's tax collections could beat budget estimates of Rs 7,46,000 crore in the fiscal year to end-March 2011, Revenue Secretary Sunil Mitra said on Friday.FY11 tax collection may top budget estimateFY11 tax collection may top budget estimate
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