Economy

RBI buys Rs 10,000 crore via OMOs

The Reserve Bank of India (RBI) bought Rs 10,000 crore of bonds through its open market operations (OMOs). This is the third OMO purchase this financial year and fourth overall….

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12 nations sign Trans-Pacific Partnership trade deal

The Trans-Pacific Partnership, one of the world’s biggest multinational trade deals, was signed by 12 member nations  in New Zealand, but the massive trade pact, which will cover 40 percent…

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RBI relaxes FDI norms to boost start-ups

RBI relaxes FDI norms to boost start-ups The Reserve Bank of India (RBI) relaxed several rules including foreign direct investment norms to boost start-up activity in the country. To begin…

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CBDT Signs Two Bilateral Advance Pricing Agreements (APAs) With United Kingdom

The Central Board of Direct Taxes (CBDT) has entered into two bilateral Advance Pricing Agreements (APAs) with United Kingdom on 29th January, 2016. With this signing, CBDT has concluded three…

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Panel on Companies Act, 2013 suggests more freedom for India Inc

To make it easier for companies to do business, a panel, headed by Tapan Ray,  recommended doing away with any kind of government intervention in managerial remuneration; shareholders’ approval should…

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INDIA BECOMES SECOND LARGEST TEXTILE EXPORTER: UN COMTRADE

India has now become the second largest textile exporter, beating competitors like Italy, Germany and Bangladesh in calendar year 2013, with China retaining the top position, according to data released…

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INDIA BECAME NET STEEL EXPORTER

To encourage young entrepreneurs to raise capital from the market, which has seen decline in such activity, regulator Sebi is planning to shortly come out with the guidelines for crowd-funding….

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SEBI TO ISSUE GUIDELINES FOR CROWD FUNDING SOON

To encourage young entrepreneurs to raise capital from the market, which has seen decline in such activity, regulator Sebi is planning to shortly come out with the guidelines for crowd-funding….

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World Trade to grow by 4.7 percent in 2014: WTO

Global commerce is set to grow by 4.7 percent this year, in its annual report, the Geneva-based World Trade Organization said on Monday, as a recovery in rich economies is expected…

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