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GDP revised upward to 6.9 % with change in base year

A change in base year for computing national accounts pushed up the economic growth rate for 2013-14 to 6.9 per cent. Earlier the government estimate growth rate was 4.7 percent on the basis of old series. Releasing the data Secretary of Statistics and programme implementation T.C.A. Anant said tha...


RBI constitutes high level panel on urban cooperative banks

RBI has constituted a High Powered Committee under the Chairmanship of Deputy Governor R Gandhi to re-examine and recommend appropriate set of businesses, size, conversion and licensing terms for the Urban Cooperative Banking Sector.The committee will examine the line of businesses that UC...


Coal India share sale oversubscribed by 1.07 times; Govt to fetch Rs 22600 cr

In the government's biggest-ever disinvestment, its 10 per cent stake sale in public sector company, Coal India Limited was over-subscribed by 1.07 times. The share sale will fetch the government about Rs 22,600 crore, and make up over half of its budgeted disinvestment target. This is the bigge...


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"Mann Ki Baat-Part IV"
On
27th Jan 2015

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