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EPF interest rate increased to 8.8%

Apr 29, 2016, at 11:22 pm

New Delhi, Apr 29 (IBNS) In a major move, the government on Friday decided to increase interest rate on provident fund deposits to from 8.7 per cent to 8.8 per cent as was thought earlier.

Gold monetisation scheme liberalized for potential depositors:Finance Ministry

Apr 02, 2016, at 08:16 pm

New Delhi, Apr 2 (IBNS) The Union government, which launched the Gold Monetisation Scheme (GMS) on Nov 5, 2015, announced on Thursday that it has modified the scheme on Mar 31 to facilitate monetization of gold by people.

Indian economy needs to create safe and productive well-paying jobs: Economic Survey

Feb 27, 2016, at 01:00 am

New Delhi, Feb 26 (IBNS) The Economic Survey 2015-2016 tabled at the Parliament on Friday stressed that to meet the growing aspiration of those entering the labor force, India's economy needs to create enough "good jobs"- jobs that are safe and pay well, and encourage firms and workers to improve skills and productivity.

Finance Ministry welcomes cut in repo rate

Jan 15, 2015, at 08:41 pm

New Delhi, Jan 15 (IBNS) The Ministry of Finance on Thursday said the 25 basis point repo rate cut announced by the Reserve Bank of India (RBI) was a welcome move.