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Posted: September 18th, 2011, 7:20pm EDT
India Infrastructure Finance Company, LIC and IDFC entered into a tie-up for providing financing of up to Rs 30,000 crore to infrastructure projects.
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Posted: September 7th, 2011, 6:02am EDT
The National Bank for Agriculture and Rural Development (NABARD) plans to raise Rs 5 bn through five-year bonds.
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Posted: September 6th, 2011, 7:39pm EDT
The government is confident of staying within the budgeted fiscal deficit in the current year despite the accounts showing a grim situation
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Posted: September 6th, 2011, 1:34pm EDT
The government on Tuesday said it has collected specific information from treaty countries on 7,704 cases.
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Posted: September 6th, 2011, 11:09am EDT
The government on Tuesday said there is no evidence to suggest any increase in incidence of tax evasion over the previous years.
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Posted: September 6th, 2011, 10:21am EDT
The government has no proposal "at this stage" to reduce taxes on petro products even as it earned Rs 1.02 lakh crore.
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Posted: September 6th, 2011, 5:46am EDT
Fiscal deficit in April-June was Rs 162,653 crore, which is 39.4 per cent of the budgeted deficit for the fiscal 2011-12.
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Posted: September 5th, 2011, 7:05pm EDT
The government has set up a committee of local and foreign banks to suggest a framework for capital infusion.
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Posted: September 5th, 2011, 6:24pm EDT
Strengths include a strong, actual and potential growth, a diversified economic structure, a high domestic savings rate and a comfortable balance of payments position.
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Posted: September 4th, 2011, 5:46am EDT
Unlike the UK, India cannot have a treaty with Switzerland under which the deposits of Indians in Swiss banks would be taxed by the European nation.
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Posted: September 4th, 2011, 2:00am EDT
"A cut in interest rates at this juncture would boost corporate India's confidence, including exporters, which has taken a hit," Ficci said.
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Posted: September 2nd, 2011, 9:26am EDT
Government today said that external assistance funds lying unutilised with the Centre and the state governments have totalled over Rs 1.24 lakh cr.
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Posted: September 2nd, 2011, 9:06am EDT
President Pratibha Patil today stressed the need for "growth with equity" which can be enabled by encouraging MSMEs.
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Posted: September 2nd, 2011, 8:10am EDT
India Inc raised over $ 4.16 billion from overseas markets in July through ECBs and FCCBs.
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Posted: September 2nd, 2011, 7:29am EDT
The government said that the banking system is facing liquidity crunch as is reflected from increased borrowings by lenders from the Reserve Bank.
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Posted: September 2nd, 2011, 5:14am EDT
India's central bank said year-on-year reserve money growth in the week to August 26 was 16.5% compared with 25.6% a year-ago.