Working on a proposal given by the Financial Sector Legislative Reforms Commission (FSLRC), the government is considering the formation of a unified financial regulator plan as a roadmap for the country’s future. The finance ministry has set up taskforces on four new agencies namely the Public Debt Management Authority, a Unified Financial Sector Appellate Tribunal,… Read More »
Maruti Suzuki India, the biggest automobile manufacturer in the country today launched its much awaited midsized sedan ‘Ciaz’ with a starting price of Rs. 6.99 Lakhs. Aimed concurrently at the Indian and Chinese automobile markets, the Ciaz has been developed with an investment of over Rs. 600 Crore. The Ciaz comes with both 1.4-litre K-Series… Read More »
Flipkart.com, one of India’s most popular e-commerce websites has kicked off the festive season with its ‘Big Billion Day Sale’ on October 6th 2014. Considered to be an unprecedented and one of its kind festive season sales, Flipkart is offering lucrative discounts on a wide range of products including the launch of some its exclusive… Read More »
Just a day after RBI governor Raghuram Rajan announced an unchanged repo rate policy in its bi-monthly monetary policy review, State Bank of India has announced a cut in short term deposit rates. Announcing the rate cut in an exchange filing, State Bank of India, the country’s largest public sector bank has reduced short term… Read More »
Change is the only constant it is said. With the evolution of time and maturity of the financial markets, new and innovative policy changes are introduced replacing older ones. With the phase of high inflation slowly fading away, there have been some new policies introduced to make life easier for the common man. The governing… Read More »
As the Reserve Bank of India gets ready to announce its fourth bi-monthly monetary policy review on September 30th, speculation about possible rate cut has been on the rise. The opinion of various financial experts seems to suggest a likelihood of the status quo on Tuesday even as the drop of wholesale inflation in its… Read More »
As the Finance Minister stood up to start his eloquent budget speech he began with many strong statements – “The nation is not happy with the status quo. We are a country with the desire to grow and people want to free themselves from the curse of poverty. The nation has become aspirational and is… Read More »
The new NDA government faced its first major challenge as the Union Railway Minister Mr. Sadananda Gowda presented the annual railway budget in parliament yesterday. Already under a cloud for hiking rail fare prices recently, all eyes were fixed on this. Away from the populism of previous budgets, the railway budget has successfully initiated measures… Read More »
The New Government is in place. So, obviously a new finance minister too is in place. Even more obviously the expectations have begun about what the upcoming budget holds in store for us, the citizens of India. Although the way in which the government has been given a majority, many people expect drastic changes… Read More »