Business
RBI moves to restrict bank exposure to corporate loans
Under the proposal, banks would only be allowed to lend up to 25 per cent of their core capital, down from the earlier ceiling of up to 55 per cent, starting January 1, 2019.
Nirupama Rao joins Network18's board of directors
Nirupama Rao is a former foreign secretary and headed the Indian missions in Colombo, Beijing and Washington.
No intention to take away significant power from RBI: Arun Jaitley
"Whatever steps we take will be in consultation with the the RBI. The RBI Governor has been in touch with me," he said.
All services will not attract Swachh Bharat cess: officials
In his Budget speech, Jaitley had proposed an enabling provision to levy the cess at a rate of 2% or less on all or certain services if need arises.
Union Budget 2015: FM Arun Jaitley raises Nirbhaya Fund to Rs 2,000 crore
"My Government is committed to safety and security of women," the Finance Minister said.
Uinon Budget 2015: Fiscal stimulus averaging 1 per cent of GDP will be good, says Edelweiss
Edelweiss expects temporary relaxation on deficits to support growth, government to accrue savings of 0.8 per cent of GDP due to lower oil prices and tax buoyancy and subsidies & boost to renewable energy sectors.
Union Budget 2015: Homemakers want low inflation & simple investment options
Home makers want to save for their families in a high inflationary environment. They want lower taxes on essential commodities and friendly investment options.
Rupee bounces back by 11 paise against US dollar, ends at 62.20
It firmed up further to close at 62.20 per dollar, showing a rise of 11 paise or 0.18 per cent.
Budget 2015: Finance Minister may announce important policy plans to combat blackmoney
An important measure suggested by the SIT and other agencies of making tax evasion a "crime" in the country could also be dealt with in the Budget.
Jet Airways starts testing mobile boarding passes from Bengaluru
The airline said the pilot project has been kicked off on select flights from Bengaluru to Mumbai and New Delhi from February 12.
Budget 2015: Tax benefits, duty cuts top industry budget wish-lists
The groups lobbying for MNCs want the government, in the Union Budget on February 28, to bring in clarity on taxation in case of sale or indirect transfer of Indian operations.
PM Modi promises more reforms; rolls out red carpet to investors
Modi also assured his administration will improve the ease of doing business.
Direct Benefit Transfer for LPG world's largest direct benefit transfer scheme
DBT It will help the government save 10-15 per cent of the Rs 40,000 crore LPG subsidy.
Sensex falls for 5th day, ends at two-week low on late selling
Tata Power was down 8 per cent, Sesa Sterlite, BHEL, ONGC and M&M were losers in the Sensex.
Raghuram Rajan for raising tax exemption limit from Rs 1.5 lakh
Acknowledging that there was a Rs 50,000 increase in the limit in the last budget to Rs 1.5 lakh a year, he said benefits of this instrument have been lost over time as the limit was anchored at Rs 1 lakh for a long time.
December infrastructure output grows at three-month low of 2.4 per cent
India's annual infrastructure output growth slowed to a three-month low of 2.4 per cent in December, mainly dragged down by a sharp slowdown in electricity, coal and cement production.
