RBI releases Annual Report for 2009-10 The Reserve Bank of India released today its Annual Report for 2009-10. This statutory Report of the Board of the Reserve Bank focusses on: (a) an analytical assessment of the key policy issues and macroeco
Exporters, industry pleased with sops in trade policy Up against weak recovery in major markets, exporters and the industry welcomed incentives worth Rs 1,052 crore, stating the steps in the annual review of the Foreign Trade Policy will help In
Implementation of Right to Education Act The Government has taken various steps for implementation of the Right of Children to Free and Compulsory Education (RTE) Act, 2009, including notifying the (a) Right of Children to Free and Compulsory Educ
Higher Rate of Interest under Senior Citizens Saving Scheme The Senior Citizens Savings Scheme, 2004 (SCSS), was designed to meet the need of a regular flow of income for the senior citizens and retired persons with security of investment, liquidi
Customers of a Bank Allowed to Withdraw Cash Five Times in a Month Free of Charge from other Banks’ ATMs Indian Banks’ Association (IBA) has reported that banks have been permitted by Reserve Bank of India (RBI) to allow free cash with
Comprehensive land acquisition bill soon: Govt The government is formulating a comprehensive land acquisition bill that will address concerns about process of acquiring land for purposes such as setting up SEZs and compensation to be paid. Replyi
Govt seeks public comments to amend trademark rules With an aim at faster clearance of trademark cases in the country, the government has sought public comments on amending the relevant rules to make them more significant and user friendly. &q
Committee headed by dy. Governor, RBI set-up for Comprehensive Review of National Small Savings Fund As a follow-up to one of the recommendations of the 13th Finance Commission, the Government has set-up a committee headed by Deputy Governor, Rese
Export Grows 13.2% in July 2010: Commerce Secretary India’s exports registered a growth of 13.2% in July, 2010, at US $ 16.24 billion. Announcing this at a press interaction here today, Shri Rahul Khullar, Commerce Secretary, stated that dur
Inflation falls to single digit at 9.97 pc in July Wholesale price-based inflation fell to single digit at 9.97 percent in July, owing to decline in prices of certain food and non-food items. The inflation was at 10.55 percent in June, while for
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