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Finance Minister pitches for interest rate cut

Finance Minister Arun Jaitley today pitched for an interest rate cut, expressing confidence that the RBI will make the cost of capital reasonable to help perk up the economy. He said if RBI is unable to infuse liquidity, even opening out the economy will not be enough. RBI is slated to re...


Govt likely to carry out Phase III expansion of FM radio

The Government intends to carry out Phase III expansion of FM radio in the current financial year to bring in more revenue. Information and Broadcasting Minister Arun Jaitley said this in New Delhi today. Talking to PTI, he said that some aspects are being considered in this regard bet...


Efforts made at state, Centre, regulatory levels to clamp down ponzi schemes: SEBI chief

SEBI chief U K Sinha today said that various efforts are being made at the state, Centre and regulatory levels to clamp down on illegal money collecting activities or ponzi schemes.Mr Sinha exuded confidence that a multi-pronged approach would help control the menace of illegal money pooli...


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