The Reserve Bank of India (RBI) has supplied as much as Rs 5.50 lakh crore in fresh currency notes to the banking system so far after the government announced spiking 500 and 1,000 rupee notes on November 8, a top Finance Ministry official said....
Railway Minister Suresh Prabhu on Saturday underlined the need for the Indian Railways to look beyond traditional sources of revenue. Prabhu said advertisements could be a big source of revenue for the railways and added that new equity models between the central government, state government and the private sector were ...
RJD chief Lalu Prasad Yadav on Saturday targeted Prime Minister Narendra Modi's decision of demonetisation saying it has failed and will meet the same fate as Congress's forced sterilisation in the mid-70s during the Emergency. Lalu also threatened to launch a protest against the anti-people decision of demonetisation along with l...
Finnish health care technology company Health Care Success (HCS) on Saturday said it entered into an agreement with New Delhi-based Immpetus Enterprises LLP to launch a wide range of fitness bands in India under the brand name Tango. As part of its portfolio Tango offers wellness motivators and heart rate monitor products. "After creating a...
The decision of demonetising higher currency notes was not taken in a hurry, Bharatiya Janata Party President Amit Shah has said, adding that the decision was taken in consultation with Reserve Bank of India (RBI). Responding to questions on India TV's show Aap Ki Adalat, Shah said that the 50-day deadline, ending December 30, was fixed a...
The Reserve Bank of India (RBI) on Saturday flew in Rs 5,000 crore in a heavily guarded cargo plane to cash parched Uttar Pradesh, an official said. The state was reeling under a grave cash crunch since the November 8 demonetisition of higher currency notes, leading to chaos, anger and law and order situation at many places. The money soo...
West Bengal Chief Minister Mamata Banerjee on Saturday criticised the central government's move to exempt political parties from income tax while depositing demonetised currency. Banerjee accused the government of creating a division between the public and political parties. The criticism came after the government on Friday exempted polit...
Delhi Chief Minister Arvind Kejriwal on Saturday criticised the government move to exempt political parties from income tax while depositing demonetised currency notes and accused them of holding most of the black money. Kejriwal's criticism came after the government on Friday exempted political parties from income tax while depositing o...
The year 2016 would go down in the annals of the Indian insurance industry history as the one in which the central government was the driving force in increasing non-life insurance penetration and awareness with various schemes, experts said. The year also saw an acquisitive HDFC group with its non-life company HDFC Ergo G...
The Grand Musee de Parfum, Paris' first perfume museum, opened its doors here, inviting visitors to discover perfume history through a quite innovative sensory and olfactory exhibition. The Grand Musee du Parfum, which opened for public on Friday, is created after noting the absence of an emblematic place of French perfumery in Paris despite the sector's flouris...
