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Indian economy

India fastest growing economy in Asia, says ADB

KalingaTV News Network Hanoi: India will continue to be the fastest growing economy in Asia and is on track to meet current fiscal year’s projected growth of 7.3 per cent, Asian Development Bank (ADB) said in a new report on Friday.…

RBI hikes Repo Rate by 25 basis points to 6.25%

KalingaTV News Network Mumbai: The Reserve Bank of India (RBI) on Wednesday in its second bi-monthly Monetary Policy of 2018-19 hiked the Repo Rate under the Liquidity Adjustment Facility by 25 basis points from 6 per cent to 6.25 per…

CBDT extends PAN-Aadhaar linking deadline to June 30

KalingaTV News Network New Delhi: The Central Board of Direct Taxes (CBDT) has extended the deadline for the PAN- Aadhaar linking to June 30. The policy-making body of the tax department issued an order yesterday extending the…

RBI launches Ombudsman scheme for NBFCs

KalingaTV News Network Mumbai: The Reserve Bank of India (RBI) has launched Ombudsman Scheme for non-banking financial companies (NBFCs) for redressal of complaints against them. The RBI, in a statement, said the scheme will provide a…

Budget 2018-19: Odisha CM gives mixed reaction

KalingaTV News Network Bhubaneswar: Odisha Chief Minister Naveen Patnaik gave a mixed reaction on the Union Budget 2018-19, tabled by the Finance Minister Arun Jaitley in the Lok Sabha on Thursday. Addressing the media persons at the…

Budget 2018-19: Income Tax Slabs Unchanged

KalingaTV News Network New Delhi :Finance Minister Arun Jaitley on Thursday tabled the General Budget 2018-19 in the Lok Sabha. He expressed hope that economy will grow at 7.2 percent to 7.5 percent in the second half of 2018-19. He…

RBI keeps ‘Repo rate’ unchanged at 6 per cent

KalingaTV News Network Mumbai: The Reserve Bank of India (RBI) has kept the short-term lending rate, also known as repo rate, unchanged at 6 per cent in its fifth bi-monthly monetary policy review for the year 2017-18 today. The…