The Reserve Bank of India will start selling the longest ever government bonds with 40-year maturity, a move that will not only defer sovereign repayments but also, attract yield-hungry overseas investors to domestic debt market. The idea of floating long term bonds was actually mooted six months earlier when the finance secretary Rajiv Mehrishi hinted… Read More »
The National Bank for Agriculture and Rural Development (NABARD) today said it has sanctioned a loan of Rs 134.64 crore to the Haryana government under Rural Infrastructure Development Fund for 2015-16. The funds have been sanctioned for ‘Rehabilitation of JLN feeder system’ in three districts of Jhajjar, Rewari and Mahendergarh, NABARD Chief General Manager (Haryana)… Read More »
Private sector lender YES Bank has reduced the maximum interest rate that it offers on savings bank account to 6% from 7%, earlier. The new rates will be applicable from November 1 and 6% will be offered for an account balance of over Rs 1 lakh. The lender had begun offering 7% interest rate in… Read More »
INVESTMENT OPPORTUNITIES IN INDIA Table of Content INTRODUCTION RECENT FOREIGN DIRECT INVESTMENT POLICY MEASURES SUMMARY PROJECTS FOR PROCUREMENT ROAD TRANSPORT AND HIGHWAYS PORTS AND SHIPPING CIVIL AVIATION POWER DELHI-MUMBAI INDUSTRIAL CORRIDOR RAILWAYS INVESTMENT OPPORTUNITIES IN INDIAN STATES INVESTMENT OPPORTUNITIES IN ANDHRA PRADESH INVESTMENT OPPORTUNITIES IN BIHAR INVESTMENT OPPORTUNITIES IN TAMIL NADU REASONS TO INVEST AND… Read More »
Car insurance For every car owner, motor insurance is definitely a big headache. But if treaded carefully, you can not only save, but also get added benefits for the same price. Here’re tips that you can refer to while you renew your car insurance. Compare different policies before buying car insurance It may seem like a… Read More »
PREVENTION OF MONEY LAUNDERING (MAINTENANCE OF RECORDS) AMENDMENT RULES, 2015 – AMENDMENT IN RULES 2, 9 & 10 AND INSERTION OF RULE 9A NOTIFICATION NO.4/2015 [P.12011/5/2011-SO(ES.CELL)]/GSR 544(E), DATED 7-7-2015 In exercise of the powers conferred by sub-section (1) read with clauses (i), (j), (jj), (jjj) and (k) of sub-section (2) of section 73 of the… Read More »
FDI POLICY CIRCULAR OF 2015 EFFECTIVE FROM 12-5-2015 – FDI UP TO 100 PER CENT IN WHITE LABLE ATM OPERATIONS UNDER AUTOMATIC ROUTE – INSERTION OF PARAGRAPH 6.2.18.8.3 PRESS NOTE NO.11 (2015 SERIES), DATED 1-10-2015 The Government of India has reviewed the extant FDI Policy and decided to allow For Investment up to 100% in… Read More »
CREDIT GUARANTEE FUND SCHEME FOR FACTORING (CGFSF) NOTIFICATION NO. SO 2606(E) [F.NO.17/6/2013-I.F. II (VOL.II)], DATED 22-9-2015 In pursuance of the approval of the Cabinet vide its minutes of the meeting dated 10th December 2014 the Central Government hereby makes the following scheme for the purpose of providing guarantees in respect of factoring loans. CHAPTER I… Read More »
Interest rate on Sukanya Samriddhi Account @ 9.2% w.e.f 01.04.2015 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 27th July, 2015 G.S.R. 593(E).— In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to… Read More »
Govt. hikes interest rate to 9.3% for deposits under Senior Citizen Saving Scheme w.e.f April 1, 2015 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 27th July, 2015 G.S.R. 592(E).—In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby… Read More »