Mumbai : The rupee lost 10 paise against theUS dollar at 64.16 in early trade today, extending itsweakness for the third straight day at the Interbank Foreign Exchange, due to sustained demand for the US
Mumbai: Centre is looking at hedging risks as it is planning to raise Rs 1 lakh crore in dollars for the port sector, Union minister for Shipping and Ports Nitin Gadkari has said."I am unable
New Delhi: As part of its effort to widen the existing tax base, government has asked top Income Tax department officers to individually contribute at least three innovative ideas in this regard.A senior official said
Navi Mumbai: RBI will have more room to cut repo rate if monsoon continues to progress at the current pace and inflation is kept under control, State Bank of India (SBI) Chairman Arundhati Bhattacharya today
New Delhi: Rejecting criticism that West Bengal has not gained from the 14th Finance Commission, Finance Minister Arun Jaitley today said the state will get Rs 2,85,200 crore during 2015-20, which is nearly three times
Singapore: National Small Industries Corporation Ltd (NSIC) has said it is looking at areas of mutual cooperation between Indian and Singaporean enterprises to expand India's industrial presence in South East Asia."We would like to see
New Delhi: Retail inflation edged up to 5.01 per cent in May on costlier pulses even as prices of fruits and vegetables eased during the month. The Consumer Price Index-based inflation was at 4.87 per
New Delhi: Industrial production grew at a two-month high of 4.1 per cent in April, primarily driven by the manufacturing sector, but capital goods growth slowed. The factory output, measured by the Index of Industrial
New Delhi: Public sector banks today gave an assurance that they will make “greater” cuts in interest rates in the coming days and weeks, Finance Minister Arun Jaitley said.He disclosed this after a meeting with
Mumbai: Reliance Industries on Friday sought an early revision of gas prices and urged the government to quickly resolve what it termed as "legacy issues" over its production-sharing contracts for discovered hydrocarbon.Pointing out that Reliance
New Delhi: Reserve Bank of India (RBI) Governor Raghuram Rajan on Thursday met Finance Minister Arun Jaitley and discussed macroeconomic issues.“These are all usual meetings which we have. Nothing special. Broad range of issues were
Washington : Expected to grow at 7.5 percent in 2015-16, India will, for the first time, lead major emerging economies in growth, the World Bank has said."With an expected growth of 7.5 percent this year,
New Delhi: The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved continuing production from three plants that use naphtha as feedstock, till gas is made available through pipelines or other means."The CCEA today (Wednesday)
Mumbai: Rising for the third straight day, the rupee strengthened by another 8 paise to 63.76 against the dollar in early trade today at the Interbank Foreign Exchange on sustained selling of the US currency
Mumbai: India's current account deficit narrowed sharply to $1.3 billion, or just 0.2 percent of GDP, on the back of a fall in trade deficit in the fourth quarter ended March, as compared to $8.2
Washington: India with an expected growth rate of 7.5 per cent this year is set to surpass China and for the first time is leading the World Bank's growth chart of major economies."With an expected
New Delhi: Indirect tax collections rose by 39.2 per cent this fiscal with excise mop up almost doubling, a trend that Finance Minister Arun Jaitley said was reflective of a pick up in manufacturing
New Delhi: The Cabinet today approved the signing of a motor vehicles pact between India and three other nations of the SAARC grouping - Bhutan, Bangladesh and Nepal on June 15, which will enable seamless
Nowadays, the world is fast-changing from real to virtual. The day-to-day work is also changing from desk and paper to mobile and apps. Even the companies have started offering flexi-work options to employees, shifting their
New Delhi: Service tax will not be levied on customers dining in restaurants without air conditioning facility or central heating, the Finance Ministry has clarified.Even the restaurants that have ACs or central heating will levy
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