Govt trims annual borrowing target by Rs 8,000 cr
With this, the borrowing by way of dated securities (G-secs) for the entire fiscal will total Rs 5.92 lakh crore as against the Budget Estimate (BE) of Rs 6 lakh crore.
Sep 26, 2014, 21:22 PM IST
Government to revive 5 sick units, plans VRS for staff of 6 others
The government has begun the process of reviving five sick public sector undertakings, while for employees of 6 PSUs beyond redemption it is working on a voluntary retirement scheme of Rs 1,000 crore, Heavy Industries and Public Enterprises Minister Anant Geete said on Thursday.
Sep 26, 2014, 00:14 AM IST
Govt can print Re 1 note: Law Ministry
While the Reserve Bank of India (RBI) has the authority to issue bank notes of denominational values of Rs 2, Rs 5, Rs 10, Rs 20, Rs 50, Rs 100, Rs 500, Rs 1,000, Rs 5,000 and Rs 10,000, the one rupee note was printed and issued by the central government.
Sep 07, 2014, 15:20 PM IST
Govt, RBI to devise monetary framework for central bank: Rajan
The government and the Reserve Bank of India will this year negotiate to formulate a monetary framework for the central bank that lays more emphasis on inflation, the bank's Governor Raghuram Rajan has said.
Sep 07, 2014, 14:56 PM IST
