New Delhi: Asserting that profit is not a bad word, government tonight said the low tax regime envisaged in the budget is aimed at boosting economic activity and suggested interest rates for sectors like housing
Mumbai: Stating that even though the formation of a stable government at the Centre has mitigated political risk, a top Reserve Bank official today said India continues to face threats on the growth and external
New Delhi: The Income Tax department is organising Special Return Receipt Counters here for salaried employees and pensioners from tomorrow till July 31, the last date for filing of the returns for financial year 2013-14.The
New Delhi: Lauding the Gujarat growth model, World Bank chief Jim Yong Kim said India will be a far easier place to do business if the country adopted the practices and processes that Gujarat follows.
New Delhi: The Reserve Bank of India (RBI) has relaxed the ceiling of Rs one lakh on loans for non-agricultural purposes against pledged gold and has left it to the banks concerned to decide on
New Delhi: Tomato prices have doubled to Rs 80 a kg in the past week, as plant diseases halved the output in Maharashtra, a major producer, while heavy rains disrupted supply in the north, creating
Mumbai: Prime Minister Narendra Modi is set to give a big boost to the ongoing financial inclusion drive by unveiling a comprehensive programme at the Red Fort in his address to the nation on the
New Delhi: After missing the target in the last financial year, the government on Monday said that tax collection during the current fiscal would exceed the budget estimate of Rs.13.64 trillion. “Revenue collection targets fixed
Patna: Cooking gas and kerosene prices will not be hiked keeping in view the impact of such a step on the people, Petroleum Minister Dharmendra Pradhan said today. “Our government has decided not to increase
Mumbai: Prime Minister Narendra Modi is set to give a big boost to the ongoing financial inclusion drive by unveiling a comprehensive programme, to be announced at the Red Fort in his address to the
Mumbai: Reliance Industries, which on Saturday became the first private company to post close to $1 billion net profit in a quarter, plans to invest Rs 35,000 crore this fiscal."We spent Rs 8,000 crore in
New Delhi: The market valuation of the top-eight Sensex companies surged Rs 72,259 crore last week, with ICICI Bank, ONGC and SBI emerging as the major gainers.Barring ITC and Infosys, the rest of the eight
New Delhi: India is set to be Asia's biggest turnaround story and the country's GDP growth is expected to rise to over 6 per cent in FY 2015 and over 7 per cent in FY
Chennai: The central government's proposal to approve foreign direct investment (FDI) in the insurance sector through the Foreign Investment Promotion Board (FIPB) is seen as clipping the sectoral regulator's wings and also a face saving
New Delhi: Major changes are in the offing in the way the PM's National Relief Fund is managed as Prime Minister Narendra Modi today directed that the Gujarat model should be emulated in selection of
New Delhi: Finance Minister Arun Jaitley Friday said India will not levy any tax with retrospective effect that creates additional burden and existing anomalies in this regard would be corrected. “One thing we have made very
New Delhi: The National Stock Exchange (NSE) will auction on Monday government debt securities worth Rs 2,521 crore for overseas investors, whose total investment has crossed 97% of the permitted limit. The auction follows robust interest
Mumbai: A week after Budget announcement, the Reserve Bank today issued draft guidelines for setting up of 'local feel' small banks, which will disburse small-ticket loans to farmers and businesses.The central bank also issued draft
Mumbai: State Bank of India (SBI) today said it has appointed B Sriram and V G Kannan as Managing Directors and Group executives.Both come to SBI from Group associates, where they held senior positions.Sriram, previously
New Delhi: Power Minister Piyush Goyal today said the move to hike electricity tariff in Delhi is a decision taken by the DERC on the basis of costing. The State Electricity Regulatory Commissions (SERCs) and
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