Finance Minister Euclid Tsakalotos signed the order Friday that also includes restrictions for Greece-based traders for an unspecified time period.
Domestic orders consistent with year-ago quarter; international orders fall.
A senior official in the DGCA said, “We had sought responses from Air India on hard landing at Hyderabad airport.
EPFO’s Central Board of Trustees has decided to invest 5 per cent of its incremental deposits in ETFs only during the current fiscal.
Announced by finance minister Arun Jaitley in the FY16 Budget, the NIIF will have a corpus of Rs 20,000 crore.
Growth in these industries’ output was as high as 8.7 per cent in June 2014.
Revenue receipts during April-June were Rs 1.41 lakh crore, or 12.4 per cent of the full fiscal target of Rs 11.41 lakh crore.
The National Capital Region accounts for more than a quarter of the unsold inventory of over 7 lakh units across top eight cities in H1 2015; home launches fall by 68%
Centre had pegged revenue generation from the entire auction at Rs 550 crore.
PSBs’ extra fund needs pegged at Rs 180K cr by 2019.
The meeting comes just days after the finance ministry released a revised draft of the Indian Financial Code that would reduce the central bank’s powers to decide the monetary policy stance.
The Union Budget 2015-16 had targeted a total spending of Rs 17,77,477 crore this financial year.
HKMA said SBI's Hong Kong branches failed to carry out the customer due diligence measures set out in AMLO rules before establishing business relationships with 28 corporate customers.
The scheme would, however, be available only for low-cost housing and subscribers whose monthly salary is less than Rs 15,000. These workers constitute about 70 per cent of the EPFO’s five crore subscribers.
The appointment of the head of the search committee was left to the decision of PLL chairman, the serving petroleum secretary.
The central bank had earlier extended many sops for bank funding of stalled projects.
Punjab National Bank, Union Bank and Bank of India have together reported NPAs of Rs 66,430 crore in the June quarter as against Rs 42,467 crore a year ago, which is a rise of 56 per cent.
According to the proposal, foreign legal firms would be allowed to be invest in a partnership firm or a proprietary concern.
Sharekhan will join BNP Paribas’ personal investors division, which is a key player in retail brokerage and digital banking services with 1.7 million clients in Europe.
If accepted, the move is expected to add untied funds to the tune of approximately Rs 42,000 cr into the state kitty in the current financial year.
The ministry’s rationale for denial is that the vintage and residual life of such refurbished electrical and electronic equipment (EEE) imports would later add to the e-waste burden of the country.
The court was hearing a case filed by Vijaypat Singhania’s grandchildren who have challenged a 1998 settlement agreement between Singhania, owner of Raymond Group and his son, Madhupati Singhania.
Central bank: Only way is to adopt correct biz practices.
In a bid to stem mounting losses, US-based auto major General Motors on Wednesday said it will restructure operations at its Indian subsidiary by ceasing operations at its facility in Halol, Gujarat and instead invest in consolidating operations at its other unit in Talegaon, Maharashtra. GM is the first major auto maker in the last […]
The group invested about $10 worldwide and closed the financial year with a capitalisation of $134 billion, up 17 per cent over the previous year.
The state at present has its own legislation and is not included in the Collection of Statistics Act, 2008 of the Centre.
Other decisions: Foreign investments in AIFs, Consumer Protection Bill cleared.
Loss comes on the back of a net profit of Rs 287.8 cr in the corresponding quarter last year
NSEL and its directors have been under the scanner of multiple investigative agencies in the country.
NSEL has been accused of collaborating with 25 ‘fictitious’ firms on the forward trading market to trade fake stocks on the exchange on the basis of forged documents.
PNB’s gross NPA rose to 6.47% in the June quarter from 5.48% in the year ago.
17 states have together lined up 120 non-coal mineral blocks spread over 26,120 hectares for auctions, but the ground situation is that they are not fully prepared to execute them.
The Union Budget has set a target of Rs 69,500 crore from disinvestment in public sector unit this fiscal.
Sebi cancelled Sahara Asset Management Company’s certificate of registration with immediate effect and granted five months to transfer the firm’s activities to a new sponsor and Sebi-approved AMC.
Sebi directed Sahara Mutual Fund and Sahara Asset Management Company to stop accepting subscription from its existing or new investors with immediate effect.
SpiceJet, the Gurgaon-based airline, which was on the verge of closure late last year, had posted a net loss of Rs 124.1 crore in the 2014 April-June quarter.