Thursday, April 14, 2016

9834 - RBI holds Rs.8 lakh crore of government bonds, says Rajan and other Top Economy news - India Infoline


India Infoline News Service | Mumbai | April 12, 2016 09:10 IST

The Government will keep regulating cotton seed prices and will not allow companies such as Monsanto to exploit farmers.


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The Government will keep regulating cotton seed prices and will not allow companies like the US biotechnology major Monsanto to exploit farmers. (BL)

The Income Tax department has activated the Aadhaar and net banking-based e-filing verification system for taxpayers to file the first appeal before a tax officer, on similar lines of online ITR filing. (BL)

Reserve Bank Governor Raghuram Rajan said the central bank holds around Rs.8tn of government bonds with it. (BS)

With the share of states in central taxes seeing a quantum jump, Finance Minister Arun Jaitley advised them to stick to fiscal discipline, spend on infrastructure and development activities and to use Aadhaar for transferring benefits to people. (BS)

The government is making every effort to bring down the cost of production of urea and exploring the option of setting up a plant in Iran using cheaper gas, Union Minister Nitin Gadkari said. (ET)

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