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Top Stories- March 2006
Click Here To Return To Daily News
Click Here For Banking Conferences
To provide more operational flexibility to the corporates in India , RBI has decided to further liberalise the various overseas investment related Regulations.....click here
RBI hike of 25 basis points in the interest that banks can give to NRIs on their dollar deposits is expected to step up dollar inflows and ease liquidity .....click here
CBDT simplifies reporting format for banks for interest paid on term deposits without TDS.....click here
Reserve Bank of India on 20th March 2006, announced Committee to set out Roadmap towards Fuller Capital Account Convertibility. For Special Section on Capital Account Convertibility in India
.....click here
RBI has approved the Cosmos Co-operative Bank’s proposal to acquire three co-operative banks .....Read more
Banks, to credit the farmers' accounts with interest relief of 2% points .....Read full circular
Standard Chartered Bank takes over Indian operations of Bank of Bahrain and Kuwait
.....Read more
Levy of service tax on automated teller machine (ATM) operations not to result in any additional service tax liability for users of ATMs .....Read more
With 23 of its 1.1 billion citizens in the list, India has become the seventh largest contributor to the World's Billionaires Club.....Read more
Indian Budget 2006-2007- Highlights in 4 clicks
Read Full Budget 2006-07 in 15 clicks
According to the Economic Survey 2005-06, India is likely to post 8.1% growth. The Survey has asked to speed-up tax and labour reforms and measures to remove infrastructure bottlenecks to sustain high growth....Read more
Indian Railway Budget 2006-07 declaring Year 2006 as the Year of Passenger Service with a Smile, has left second class passenger fares unchanged and announced 18 per cent reduction in AC first class and 10 per cent in AC second class fares....Read more
For more Stories from the Archives... Click here
For Latest Stories... Click here
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