Alignment of strategic interest with India, says US Defense Secretary
On December 18, US Defense Secretary Mark Esper will host his Indian counterpart, Rajnath Singh, at the Pentagon for a bilateral meeting. Following this, he and Singh will drive down to the Foggy Bottom headquarters of the State Department to join External Affairs Minister S Jaishankar and Secretary of State Mike Pompeo for the second India US 2+2 ministerial.
Allahabad Bank cuts MCLR by 5 bps
The benchmark one-year Marginal Cost of Fund based Lending Rate (MCLR) has come down to 8.30 per cent from ...
Realtors’ path to UP’s ‘zero-period’ interest waivers just got tougher
The Greater Noida Industrial Development Agency (GNIDA), under whose j...
Cultural barriers hinder interest in science, shows 3M study
In an interview to ET’s Rica Bhattacharyya, Seth talks about the reasons for people’s confidence slipping in science, barriers to science career and the role academia can play to promote interest in science among the younger generation.
View: One key reason why Fed should cut interest rates today
US economy started flashing recession signals in 2019, forcing the Fed to cut rates 3 times.
FOMC outcome: US Federal Reserve leaves rates unchanged, hints at no cuts in 2020
The Federal Reserve left interest rates unchanged and signaled it would keep them on hold through 2020 amid a solid economy, sticking to the...
NSE launches interest rate options on 10-year G-Secs
Participation was observed from more than 50 members, the exchange said in a release.
Are Indian bonds defying rate transmission?
Banks earn 5.15% via the repo window while four-year government bonds are yielding 6.55%.
Gold rate today: Bullion gains as Fed keeps rates unchanged
In the US, gold prices on Thursday hovered near a one-week high.
Buzz of GST rate hike everywhere except my office: Nirmala Sitharaman
"Buzz is everywhere other than my office," Nirmala Sitharaman said. She was responding to a question on whether the GST Council, which will meet on December 18, take up the matter of hike in rates as the shortfall has hit revenue target of the government. States have complained of delay in GST compensation owing to the shortfall in GST kitty.
Wrong time to raise GST rates, cautions former GST Council member
This is the worst time to raise the rates of GST on essential commodities. This will further squeeze the spending power of large sections of people. Gowda, a US-educated lawmaker from Bengaluru. His comments came amid reports that the GST Council, chaired by the Finance Minister Nirmala Sitharaman, is considering major changes in the GST rates.
Travellers show little interest in Kashmir
Business to Kashmir is very slow, both for Indian and foreign travellers. Comparing it to last year's records which was not good either, this season witnessed a dip of 50%. Although hotels are operational, there have been hardly any bookings. Internet blockade continues to be a huge detterent, putting off the visitors.
MSMEs get only Rs 40 cr out of Rs 625 cr interest subsidy
The law stipulates hefty penalty on late payment to MSMEs but the provision has been hardly invoked by the government. So far, MCA has only collected data on delayed payments and sought that companies clear the dues at the earliest.
Gold rate today: Bullion slips as global risk appetite increases
According to technical charts, spot gold is expected to test support at $1,455 per ounce.
Gold in India sold at discount as wedding demand disappoints
Dealers in India offered a discount of up to $2 an ounce on official domestic prices.
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