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RBI Governor’s veto power to be curtailed 2015-07-24 12:42:25
The revised draft of the Indian Financial Code (IFC), released by the finance ministry has proposed the taking away the RBI chief's authority to veto the interest rate decision of the Central bank's monetary policy committee. The draft has also...
Keywords: Indian Financial Code, RBI chairperson, RBI, RBI
Read MoreNo Separate Railway Budget From Next Financial Year; Merged With General Budget 2016-09-21 09:17:50
Putting an end to a practice that started in 1924, the Union Cabinet, on Wednesday scrapped the Railway budget and merged it with the general budget from the nest year. Announcing that there will be no separate railway budget from...
Keywords: Niti Aayog, Railway Budget, General Budget, Narendra Modi
Read MorePanama papers, big probe announced by Modi 2016-04-05 04:51:54
Prime Minister Narendra Modi has on Monday ordered a multi-agency team to investigate the 'Panama Papers' expose which names 500 Indians for alleged off shore holdings and vowed to take action against all unlawful accounts held abroad. More than 500...
Keywords: Finance Minister Arun Jaitley, black money, Financial Intelligence Unit, Panama papers
Read MoreTop financial tips 2015-04-16 12:28:48
For everyone financial plan is must to maintain their budget. Have prior planning to prevent excess wastage of money and time. Following are the Keys to financial success. 1.   Get Paid What You're worth and Spend Less Than You Earn:...
Keywords: how to maintain budget, savings plans, savings plans, how to maintain budget
Read MoreSupreme Court Bars Financial Powers Of BCCI 2016-10-21 07:18:10
The Supreme Court, on Friday, has ordered the freezing of financial transactions between the BCCI and its state associations with immediate effect which also includes funds for match purposes. The SC has said that the funds would be released after...
Keywords: Ajay Shirke, Lodha Panel, Supreme Court, Ajay Shirke
Read More42 percent of resources to go to states 2015-02-24 12:42:49
The NDA government tabled the report of the Fourteenth Finance Commission headed by YV Reddy, former Governor of the Reserve Bank. The main highlights of the report, laid out in the Lok Sabha, are a greater devolution of financial resources...
Keywords: NDA government, tax revenue, NDA government, Fourteenth Finance Commission
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