Business

The Cash reserve ratio remained untouched at 4.75 per cent.

The BSE Bankex, Capital Goods, Realty and Auto indices were up more than 1 per cent on Monday hoping for a 25 basis points rate cut.

All the banks can now transfer funds electronically through real time gross settlement system (RTGS) and NEFT.

The jewellers have reportedly incurred a loss of about Rs 20,000 crore during the strike.

TPWeek said that Pranab Mukherjee also has the power to implement the inter-quartile range and the acceptance of multiple-year data.

Kingfisher chairman Vijay Mallya told its employees earlier this week that the company had paid Rs 20 crore of service tax.

The carrier will push ahead with its purchase of 27 Dreamliner aircraft, aviation minister Ajit Singh said last week.

The Finance Minister told the Lok Sabha that oil imports will become difficult if crude prices rise to $150-200 per barrel.

India, Asia's third-largest economy, is already the world's eighth-largest importer of liquefied natural gas (LNG).

Ajit Singh said that KFA has cut down flights to 100 from 400 and also slashed the number of aircraft it owned, from 64 to 16.

The latest resignation comes less than a week after another member, Vijay Amritraj, quit the board of Kingfisher.

Jet Airways and JetLite will continue as distinct business entities operating under their own airline operating permits.

Pranab Mukherjee has so consistently disappointed that it is difficult to believe he will keep his word on the fiscal deficit.

Out of the total allocation, Rs 55.37 crore has been given to the Ministry for general expenditure.

The Delhi Police on Friday got an increase of Rs 526.58 crore in the budget allocation for the next fiscal.

For the current fiscal, the government had estimated a net revenue loss of Rs 200 crore from fresh tax proposals.