Economy | Digital World Economy

UPDATE: New Pan Card Rules Apply By December this Year

“The Income Tax Department made quite a few changes in the PAN card rules to prevent tax evasion. the new Pan Rules will further add to the smooth…

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Import Duties Likely to be Raised, Gold to be Excluded from the Hike

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Economy

Import Duties Likely to be Raised, Gold to be Excluded from the Hike

New Delhi: In its bid to shore up the rupee, the Centre is likely to impose higher import duties on precious stones, certain types of steel and electronics…

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Government to Ensure Adequate Liquidity in NBFCs, Says Jaitley

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Economy

Government to Ensure Adequate Liquidity in NBFCs, Says Jaitley

New Delhi: Finance Minister Arun Jaitley said on Monday the government was ready to take all measures needed to ensure liquidity is available to non-banking financial companies (NBFCs),…

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Tamil Nadu Government Won’t Re-open Sterlite Plant

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Economy

Tamil Nadu Government Won’t Re-open Sterlite Plant

Chennai: The Tamil Nadu government asserted that the Sterlite Industries’ plant in Tuticorin would not be re-opened as its policy decision to seal the Vedanta Ltd unit was…

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Government Looking Forward to Bring Down the Number of PSBs

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Economy

Government Looking Forward to Bring Down the Number of PSBs

New Delhi: In order to bring down the number of PSBs, the smaller state-run banks have been asked by the government to consolidate operations in the same geography.…

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Gold weakens on muted demand, global cues

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Economy

Gold weakens on muted demand, global cues

New Delhi: Gold prices softened by Rs 10 to Rs 31,650 per 10 grams at the bullion market Thursday on weak demand from local jewellers amid subdued trend…

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Government Planning another Bank Merger, PNB, OBC and Andhra Bank on the List

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Economy

Government Planning another Bank Merger, PNB, OBC and Andhra Bank on the List

New Delhi: It seems Government is looking bank merger as the possible solution to fight bad loans. According to a source, the government is analyzing the merger of…

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SEBI Ready to Release Revised Circular on KYC Norms for FPIs

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Economy

SEBI Ready to Release Revised Circular on KYC Norms for FPIs

New Delhi: In a major relief to foreign portfolio investors, markets regulator, SEBI (Securities and Exchange Board of India) on Tuesday said it will release a revised circular…

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