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Focus now on printing new Rs 500 notes: Shaktikanta Das
182 Views, 15-12-2016, Courtsey News Live

: The Finance Ministry on Thursday said that the Reserve Bank of India (RBI) was now focusing on printing Rs 500 notes which would ease the liquidity situation over the next 2-3 weeks. "The situation has considerably improved. I expect the situation will ease out in the next 2-3 weeks, because...Read more

 GST Council meet inconclusive, panel to meet again on December 22-23
66 Views, 12-12-2016, Courtsey News Live

   Finance Minister Arun Jaitley on Sunday informed that discussion on legislative drafting of goods and services tax (GST) laws has started and bulk of provisions have been cleared.     The 6th meeting of the all-powerful GST Council was slated to decide on dual control of a...Read more

Government to amend RBI Act to annul old Rs 500-1,000 notes: Report
90 Views, 11-12-2016, Courtsey News Live

: The government is likely to amend the Reserve Bank of India Act to extinguish the validity of the Rs 500 and Rs 1,000 currency notes printed before November 9 and a reference to this effect would be made in the upcoming Budget. As part of the demonetisation process, there would be a law to make R...Read more

No bank officials will be spared if found involved in wrongdoings: FinMin
264 Views, 10-12-2016, Courtsey News Live

: The Finance Ministry has sent a strong message to banks, saying that no official will be spared if found involved in wrongdoing. Sources said, the ministry is seriously looking into the matter. In a major crackdown on bank employees involved in irregularities post the demonetisation move, as man...Read more

 Demonetisation: Such calls from ’Income Tax department’ may be fake
73 Views, 09-12-2016, Courtsey News Live

  Fraudsters have found one more ploy for cheating people and are using demonetisation as an opportunity and attempting to extract confidential information like bank details from common public.     A WhatsApp message going viral warns people to inform all colleagues, family or fri...Read more

 Ratan Tata reveals why Tata Sons removed Cyrus Mistry as chairman
30 Views, 08-12-2016, Courtsey News Live

  As the boardroom battle between Tatas and Cyrus Mistry continue to grow, interim boss of Tata Sons, Ratan Tata on Wednesday revealed by the company decided to removed Mistry as the chairman of the firm.   In a letter to shareholders on Wednesday, Ratan Tata said Tata Sons decided to r...Read more

 Gold price plunges to 6-month low, dips below Rs 29,000 per 10 grams
58 Views, 07-12-2016, Courtsey News Live

  Tracking negative cues from the international market, gold prices on Tuesday dipped below the Rs 29,000 mark by falling Rs 250 to an over six-month low of Rs 28,800 per 10 grams.   Today\’s slump is the second straight session fall in gold prices.   Globally, gold fell to...Read more

Toyota to hike vehicle prices by up to 3% from January 1
32 Views, 05-12-2016, Courtsey News Live

: Toyota Kirloskar Motor (TKM) today said it will increase prices of its vehicles by up to 3 per cent from next month to offset increased input cost and consistent upward trend in foreign exchange rates.  "There has been an increase in pricing of raw material commodities like steel, alumi...Read more