Withdrawing Money From ATMs Outside Home Branch Network May Cost You
The Reserve Bank of India is considering if banks can charge a fee for using automated teller machines (ATMs) to withdraw money from outside the home bank network. Home bank network means ATMs of the bank in which you have an account. The Indian Banks’ Association (IBA) has proposed that... read more »
Rupee hits three-week high
The rupee rises to 60.12/13 from 60.31/32 on Wednesday, after earlier rising as high as 60.09, a level last seen on April 10. USD/INR was under pressure as month-end dollar buying by oil companies in recent sessions faded and also due to stronger domestic shares. The dollar struggled to make any... read more »
indias $ 325 billion of exports Targe Will be not completed this year:FIEO
New delhi – India ‘s export target of $ 325 billion in the current financial year will not be achieved . Federation of Indian Export Orgnaijeshns ( FIEO ) said the country’s exports will remain at approximately $ 10 billion from the target . We will not be able to meet the target... read more »
GDP growth to persist in 4.5-5% range in 2014: Nomura
The economy is unlikely to see any major pick in 2014 and may end up with about just 4.5-5 per cent growth due to the ongoing fiscal and monetary policy tightening, says a report. “GDP growth will remain in a 4.5-5 per cent range for much of 2014, due to the ongoing fiscal and monetary... read more »
More from Economy
Sensex closes flat; IT stocks down
Mumbai – A benchmark index of Indian equities markets ended! Monday’s trade flat, as foreign institutional investors (FIIs) continued to be net buyers in the market despite US... read more »
Sensex trades flat during pre-noon session
Mumbai – A benchmark index of Indian equities markets was trading flat at 68.42 points or 0.32 percent up during the pre-noon trade Monday. Good buying was seen in capital goods,... read more »
Government failed to defend policies: Praful Patel
New Delhi – Minister of Heavy Industries & Public Enterprises PrafulPatel Saturday said the government has failed to defend its own policies, which has “cost the... read more »
Large space where land acquisition is possible: Rahul Gandhi
New Delhi – Congress vice president Rahul Gandhi Saturday said there is a large space where land acquisition is possible. “The government has not abdicated its responsibility.... read more »
Sensex gains 371 points, oil and gas stocks rally
Mumbai – A benchmark index of Indian equities markets end! ed Friday’s trade 371.10 points, or 1.79 percent up. The bullish sentiment in the market was seen a day after the government... read more »
