New Delhi: The government on Monday said the Indian currency has fared better than those of other emerging economies and the exchange rate has stabilised. Risks to capital flows were accentuated due to volatile global
New Delhi: Here are the highlights of Finance Minister P Chidambaram's interim budget presented in Parliament today : ---Rs. 65,000 crores provided for fuel subsidy. Rs. 115,000 crore has been allocated for food subsidy in
New Delhi: The government has received information in 67 cases of illegal offshore accounts, Finance Minister P Chidambaram revealed in his interim budget speech in Parliament today. He said, despite several hurdles in obtaining evidence
New Delhi: In sops to middle-class ahead of the Lok Sabha polls, the Interim Budget today slashed excise duty on cars and two- wheelers, capital goods and consumer non durables and acceptance of long standing
New Delhi: State Bank of India, the country's largest lender, has cut deposit rates by up to 0.50 per cent starting February 18.While deposit rates for maturities of three to five years have been lowered
New Delhi: In a last-ditch effort to meet revenue targets, the Income-Tax Department will be sending out letters to 23 lakh assessees who have not filed returns.“We have identified 23 lakh people who have invested
New Delhi: Overseas investors pulled out more than Rs 2,000 crore from Indian equities in a fortnight following a further reduction in the bond buying programme by the US Federal Reserve.Thus, Foreign Institutional Investors (FIIs)
New Delhi: Pharmaceutical sales in India are expected to rise by 14.4% to $27 billion in 2016 from last year, but the life sciences and health care industry is up against challenges such as quality
New Delhi: Corporates in India are incurring increased cost of capital unlike the developed world, mainly due to higher interest rates, says a survey. Global consultancy EY found that cost of capital varied across sectors,
New Delhi: Interim budget for 2014-2015, which the government will unveil on Monday, will set the tone for the stock markets in near-term, experts said.Besides, global cues, movement of rupee and investment pattern of foreign
Washington: Majority of American companies consider India as a massive opportunity as the country is on a growth trajectory, a top American business advocacy group today said.Refuting allegations of few American businesses on Indian trade
Washington: American pharma companies and their advocacy groups on Friday rued at the alleged restrictive India policies on clinical research, saying such policies are harming the companies."Clinical research has become a highly politicised topic in
New Delhi: Vodafone Group and Bharti Airtel won critical wireless telecom spectrum in metros like Delhi and Mumbai and several other cities in an intensely fought 10-day auction that gave the government over Rs 61,162
New Delhi: Ruling out incremental tightening of monetary policy, a Citigroup report has said the Reserve Bank 's interim target of 8 per cent inflation in January 2015 seems "attainable", provided there is normal monsoon.The
New Delhi: Petroleum Minister Veerappa Moily, RIL Chief Mukesh Ambani, former Union Minister Murli Deora and retired Director General of Hydrocarbons V K Sibal were today named in an FIR by Anti-Corruption Branch of Delhi
New Delhi: India will add nearly 30,000 MW of power generation capacity from renewable energy sources - doubling it from the current size - in the next 4 years, a senior official said today. "We
New Delhi: People without a bank account in India would soon be able to withdraw cash from an automated teller machine (ATM) with the use of mobile technology, Researve Bank of India Governor Raghuram Rajan
New Delhi: Anticipating healthier economic growth, the Railways has targeted a record Rs 1.6 lakh crore in revenue for the next financial year, while no increase has been proposed in passenger fares and freight rates.
New Delhi: The government has received about Rs 59,000 crore of bids in the ongoing auction of telecom spectrum at the end of the 8th day, with demand for the premium 900 Mhz band appearing
New Delhi: Reliance Industries Ltd today rubbished allegations levelled by Delhi chief minister Arvind Kejriwal on the issue of gas pricing and said, it will resort to available legal remedies to protect its reputation. In
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