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RBI relaxes norms to woo FII investments in infrastructure sector

   05 November 2011 at 15:57

To attract foreign funds in infrastructure, the Reserve Bank of India (RBI) on Thursday made investment in infra debt papers easier. Foreign institutional investors (FIIs) can now sell their investments in infrastructure bonds up to $5 bi

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RBI wants IIFCL to focus on direct lending

   05 November 2011 at 15:57

The Reserve Bank of India (RBI) wants India Infrastructure Finance Co. Ltd (IIFCL) to focus on direct lending and restrict the refinancing business as it raises the cost of funds for end borrowers. State-owned IIFCL provides credit for infrastru

Posted in Others  1 comments |   3186 Views


Union Finance Minister, Shri Pranab Mukherjee's Speech at the Ninth India today Chief Minister's Conclave

   05 November 2011 at 11:27

Following is the text of the speech of Union Finance Minister, Shri Pranab Mukherjee delivered, here today at the Ninth India Today Chief Minister’s Conclave: “It gives me great pleasure to be here for the Ninth India Today Chief Min

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CBEC Observes Vigilance Awareness Week

   05 November 2011 at 11:26

As a part of the Vigilance Awareness Week being observed from 31st October to 5th November, 2011, the Central Board of Excise and Customs (CBEC),Ministry of Finance, organized an interaction with officers and staff, here today. This was presided o

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Greek euro threat looms over Cannes G20 summit

   04 November 2011 at 11:45

The threat of a Greek exit from the euro zone hung over a meeting of G20 leaders on Thursday after France and Germany made it clear that Athens must decide urgently whether it wants to stay in the 12-year-old currency bloc. The summit on the Fre

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Task Force on an IT Strategy for PDS Submits Report to Finance Minister

   04 November 2011 at 11:18

The Task Force on an IT strategy for PDS submitted its report to the Finance Minister today. Following the announcement by the Finance Minister in his Budget Speech for 2011-12, the Task Force on Direct Transfer of Subsidies on Kerosene, LPG and

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Conference of CVOs Organized by Department of Financial Services, Ministry of Finance

   04 November 2011 at 11:18

During the Vigilance Awareness Week, Department of Financial Services, Ministry of Finance organised a full day Conference of Chief Vigilance Officers in Public Sector Banks, Public Sector Insurance Companies and Financial Institutions, here today

Posted in Others  1 comments |   4128 Views


Announcement for setting up Branches of CICASA, WICASA and EICASA

   02 November 2011 at 19:01

Announcement for setting up Branches of CICASA, WICASA and EICASA

Posted in Others |   5943 Views


ICAI e-Journal (November 2011)

   02 November 2011 at 11:07

ICAI e-Journal (November 2011)

Posted in Others  2 comments |   11724 Views


CBDT Issues Clarification Regarding Investigations Relating to Banking Information from Overseas

   01 November 2011 at 18:34

Following is the text of the clarification issued by Central Board of Direct Taxes, Department of Revenue, Ministry of Finance: “A section of the press has reported today that some investigations relating to banking information received from

Posted in Others |   3321 Views



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