February 27, 2010
All about the FM's tax proposals!
Ernst & Young on how the Budget 2010 will affect individuals and businesses. How Rajkumar Hirani, Amrita Rao view the Budget
What do the glitterati think of the finance minister's delicate balancing act? Here are seven famous voices... What the Budget has for the housewife
There is a good reason for any salaried person to cheer the Budget 2010. The salary slabs for tax have been increased. But is there something for the housewife too? Let's see how the monthly budget of the homemaker will be affected by Union Budget 2010. Now pay more for cars, TVs, gold
What effect is the Budget going to have on your daily life? Find out how what's cheaper and what's costlier after the Budget.
February 26, 2010
Budget in graphics
Finance Minister Pranab Mukherjee presented his 5th Budget in Parliament on Friday. Budget: 12 measures that affect you!
By far the most attractive thing in the Budget 2010 for individuals is the increase in the income tax slab limits. Though the entry level slab for income tax has not been changed from Rs 1.6 lakh (Rs 160,000), there is a considerable jump in the other slabs. Video: Finance minister's Budget speech
Finance Minister Pranab Mukherjee presents his 5th Budget in Parliament. What's costlier and what's cheaper
What effect is the Budget going to have on your daily life? Find out how what's cheaper and what's costlier after the Budget. Budget: Who praised FM, who blasted him
Finance Minister Pranab Mukherjee has done the right mix of moderation on the price front, Prime Minister Manmohan Singh said. FM cuts I-T rates, relief for consumers
In a relief to individual tax payers, the government on Friday changed the slabs cutting the rate to 10 per cent for income up to Rs five lakh, while leaving the threshold limit for tax-free income unchanged at Rs 1.6 lakh. Highlights of Union Budget 2010-11
Finance Minister Pranab Mukherjee presented the Union Budget 2010-11 in parliament on Friday.
February 25, 2010
Budget: What to expect, what not to expect
Amid speculation that taxes and duties might be raised as part of a partial rollback of the economic stimulus, Finance Minister Pranab Mukherjee will present the Budget for 2010-11 on Friday. This is what the Economic Survey 2009-10 says!
A day before the Budget, the Economic Survey on Thursday predicted up to 8.75 per cent growth in 2010-11 while recommending a gradual roll back of stimulus -- a move that could entail hike in excise duty and service tax.This is what the Economic Survey 2009-10 says! Food inflation falls to 17.58%
The wholesale price-based inflation fell after rising for four consecutive weeks. Inflation was at 17.97 per cent in the previous week. Budget may bring some cheer to taxpayers!
Higher basic exemption, 80C limit likely. 'This is one of the best Railway Budgets'
According to Kolkata-based economist Prasanta Roy Choudhury, the Railway Budget that Mamata Banerjee presented on Wednesday was one of the best ones in recent times.
February 24, 2010
This is what Mamata's rail has in store for you
Presenting the Rail Budget for 2010-11 in Parliament on Wednesday, Union Railway Minister Mamata Banerjee said that there will be no increase in the passenger fares of any class or category of trains. 'Corrupt politicians don't care about Budget'
A bio-medical engineering student from Mumbai Harsh Desai feels that the Budget Day is important as we decide 'how our country regulates its money'. 'I want the prices of food grains to fall'
Jay Amar Helia expects the prices of food grains, cooking gas, train and bus tickets should come down Budget voices: 'Curb price rise! Please!'
Naresh, who works at a bookstall and Raichand Singh, who owns a small hotel, at Carter Road in Bandra (suburban Mumbai), feel that post-budget the prices of essentials like cooking gas, petrol and hence vegetables is likely to move up. 'Inflation has no impact on the rich'
He demands that the prices of essentials that the poor consume should be brought down. 'Budget can improve India's infrastructure'
'He wants our finance minister to do something to solve the problems of the poor and the farmers who commit suicides because of the heavy debt burden.' Who praised Mamata, who slammed her
Opposition parties, including the Bharatiya Janata Party and the Communist Party of India, on Wednesday slammed the Rail Budget terming it a mockery while the Congress said the budget is futuristic and reflects the concerns of the 'aam admi'. Highlights of Railway Budget 2010-11
Mamata appealed to business houses to join hands for building partnership with the Railways.
February 23, 2010
Budget 2010: What the FM is likely to do!
Well, here are some views culled from various new agencies, newspapers and experts on what the February 26 Union Budget for 2010-11 might have in store for you. Wishlist: What Budget 2010 should be like
The FM may remove supply side constraints to control primary inflation. Budget: India Inc's wish list
India Inc points out issues that need to be addressed in the Budget. Who will be the world's largest car maker?
The battle between Volkswagen's Polo and Toyota's Etios may well decide who'll be the world's largest car maker. Railway Budget: Fares may not be hiked
For the seventh year in a row, passenger fares are unlikely to be revised in the Railway Budget to be presented on Wednesday Mamata Banerjee is once again set to reach out to the common man with populist measures. Railway Budget: What Bengal may get
Railway Minister Mamata Banerjee is often accused of being parochial -- she has, on many occasions, been blamed for being tilted in favour of her home state of West Bengal, at least as far as railway projects are concerned.
February 22, 2010
Budget mumbo jumbo, simplified!
Budget is the annual fiscal exercise that attracts a lot interest, as it is a plan that sets goals, outlines resources to meet these goals, provides details of the government's receipts and payments, and frames the taxation policies for the country. Markets lose steam, end flat
The Nifty ended at 4856, up 11 points. The market breadth turned negative at close. Out of 2907 stocks traded on the BSE, there were 906 advancing stocks as against 1924 declines. Just what is the Budget
The Budget still remains a very important event for India. Why the nation needs a Budget
With people reposing faith in the UPA and voting for stability, this is the government's chance to fulfill its promises, ensure growth and development of the country, check runaway prices, and offer succour to the aam aadmi. How Indian Railways was renewed!
In 2000, the Indian Railways -- the world's second largest railway network under a single management -- was nearly bankrupt. Over the next eight years, however, there was a dramatic improvement in its performance. What key sectors expect from the Budget
Maintaining a balance between growth and fiscal discipline will be the Finance Minister's key challenge. Will he deliver?
February 19, 2010
What the sugar industry expects
Sugar sector is buoyed by high sugar prices, and seeks policies to promote ethanol as green fuel in the ensuing Union Budget 2010-11. Budget 2010: What India Inc wants
Here's what India Inc expects from the Finance Minister. 'This will be the world's cheapest Honda'
Honda has decided to price the small car below Rs 500,000 to be able to compete with Maruti Suzuki Swift and Hyundai i20. Rs 44-lakh Audi Q5 will be assembled in India
The Audi Q5 SUV comes in 2.0 TFSI (petrol) and 3.0 TDI (diesel) engines. Google takes fizz out of Coke
Brand Finance, headquartered in London, first issued its global report into the relative equity of the 250 top global brands back in 2007. Taxpayers! Budget may not make you happy
Expectations are running high for the Budget 2010 to do many things -- maintain growth, provide employment, reduce fiscal deficit, take steps to shift to the new Direct Taxes Code, take measures to implement Goods and Services Tax, reduce inflation and increase revenue for the government. Leadership: The world's top 10 companies
Infosys Technologies has been ranked as the tenth best company in terms of leadership. India to grow at over 8% next year: FM
India's economy is poised to grow by 7.5 per cent this fiscal and will top 8.5 per cent in the next fiscal on the back of a strong industrial recovery, Finance Minister Pranab Mukherjee on Wednesday. Food prices have begun to fall: Pawar
Food prices in India, which rose an annual 18 percent in January, have started falling and will dip further next month, Agriculture Minister Sharad Pawar said on Wednesday.
February 18, 2010
Mamata may not increase passenger fares
Railway Minister Mamata Banerjee is likely to present a populist Railway Budget on February 24, leaving passenger fares untouched but rationalising the freight rates keeping the essential commodities aside. The world's cheapest mobile at $15!
The V150 has most of the basic features like voice, SMS and support for mobile payment services. Budget: What the common man wants
The Union Budget is in the wings. While economists, analysts and political pundits are busy making predictions about the biggest annual financial event in the country, common people are no less interested either. Hyderabad airport ranked 5th best in the world!
The Rajiv Gandhi International Airport (RGIA) in Hyderabad has been rated world's number one airport in the category of airports handling 5 to 15 million passengers by the Airport Council International.
February 17, 2010
Indian economy: Growth is back!
The prolonged gloom in the economy seems to be drawing to an end, if you go by the last quarter results. We bring you a snapshot. The inspiring story of Medak's women farmers
Meet the women who are now an inspiration to millions of farmers across India.
February 16, 2010
This Mercedes M-Class costs Rs 61 lakh!
The 'sports edition' and the 'luxury edition' are very aggressively priced considering the loadings and features of this marque. Honda plans to make it big with its small car
Honda recently shipped saris from India to its factories in Japan. No, sari weavers need not brace themselves for competition from Japan. These were meant for local Japanese women to wear. LG has big plans for India
LG wants to be known as the brand that enables enrichment of life. Here's the plan.
February 15, 2010
Most livable cities: Vancouver tops, Mumbai 117th!
Australia and Canada are home to the world's top ten most liveable cities. Rs 2-crore Porsche 911 Turbo in India by May
People can take a closer look at the 911 Turbo S and 911 Turbo S Cabriolet at the Geneva Motor Show in March this year.
February 12, 2010
Jobs are back! Banks, IT, auto firms hiring!
Jobs are back with a bang in India, proving it to be the most optimistic nation in terms of hiring plans. The 'cautious optimism' that pervaded throughout the last year has evaporated and companies are now looking to hire aggressively. Toyota Prius: A new hybrid on the block
Prius is priced between Rs 26.55 lakh and Rs 27.86 lakh.
February 11, 2010
World's most intensive techies in India, China
India and China's young working population has emerged as the world's most intensive users of corporate technology practices. She became an entrepreneur by accident
'Never look at monetary gains when you are going to learn an art. Think of what you can create, money will follow later.' Meet the key people behind the Budget
The Finance Minister is assisted by a team of high profile bureaucrats who work overtime with mind boggling figures to make a balanced Budget. Shrimp exporters hopeful on US anti-dumping review
This review will examine the details of import of shrimp to the US between February 1, 2009 and January 31, 2010.
February 10, 2010
Swift, i20 or Punto: Which one is better?
To help you get over the confusion here is a comparison of three hatchback models. Thousands protest price rise; BJP hints at 'scam'
Chanting anti-government slogans, thousands of BJP workers on Wednesday hit the streets of Delhi to protest against price rise with party chief Nitin Gadkari accusing the UPA of presiding over a Rs 2.8 lakh crore (Rs 2.8 trillion) 'big scandal' by allowing futures trading in commodities. How to read companies' quarterly results
Here, we take a look at a few items on the income statement that are often ignored, but are among the most important factors in shaping earnings expectations. Patents: China 5th, India nowhere in top 10
The data for 2009 reveals that Indian firms and scientists filed one-tenth of patent applications filed by their Chinese counterparts during the same period. The best ways to save tax smartly
It is that time of year again, when we have to make tax saving investments. But how do we go about choosing the right tax saving instruments that will give you the optimal returns while saving you tax?
February 09, 2010
8 tax-smart steps for a secure future
Tax-smart utilisation of your savings can provide an added bounce in achieving financial freedom during retirement.
February 08, 2010
All about Cadbury's silk route
A dominant leader in the volume segment, the company's latest move is designed to strengthen its presence in the value market as well. No plan to hike FII ceiling in bonds: FinMin
Presently, the government allows foreign investments of up to $15billion in corporate bonds and upto $5 billion in government bonds.
February 05, 2010
Skoda to launch Yeti by June
Yeti is not impressive to look at but it surely has lot of power under that hood and come with a price tag of Rs 12 -15 lakhs. Now, BMW X1 @ Rs 25 lakh
If owning a BMW has been your dream the dream might just become a reality after BMW's new SUV X1 hits the market. NRIs making a beeline for the Indian job market
Over 15,000 NRI resumes have accumulated in the inboxes of headhunters, and the number is set to increase, say HR executives. Tata to launch electric Indica Vista by 2011
Tata's first electric car has impressive power, torque and acceleration figures. Jobs: The world is calling!
The global job scene has steadied somewhat. Here's what to consider before taking the plunge.
February 04, 2010
Salary woes: ICAI staff on indefinite strike
Nearly 800 employees started the strike on February 3 alleging gross mismanagement of funds by the top management and demanded a thorough audit of ICAI by comptroller and auditor general. ISP licences: DoT raises entry fee, validity
Going by the guidelines issued in August 2007, the ISP licence was valid for 15 years and the one-time entry fee was Rs 20 lakh (Rs 2 million) and Rs 10 lakh (Rs 1 million) for Category-A and category-B circles, respectively. The new amendments will come into effect immediately. 'Climate change research to be robust'
After locking horns with the Intergovernmental Panel on Climate Change on the glacier melting issue, environment minister Jairam Ramesh said on Thursday the research of the Indian panel on climate change would be more 'robust and solid' than the UN body's. ICICI sees interest rate rising from Q2
Meanwhile, ICICI Bank chairman KV Kamath, however, said he expects interest rates to go up only towards of the end of this year. Parikh Panel report decision likely before Budget
A prime minister-appointed expert group, headed by Kirit Parikh, suggested on Wednesday freeing petrol and diesel prices and suggested raising liquid petroleum gas rates by a steep Rs 100 per cylinder and kerosene by Rs 6 a litre. Min hopeful of inking trade pact with EU
Talks for an India-European Union free trade agreement started in 2007 and the eighth round of negotiations was completed in New Delhi last month. Takeover shock: 3 Cadbury bosses resign
The three top executives -- chairman Roger Carr, chief executive Todd Stitzer and chief fiancial officer Andrew Bonfield -- announced on Wednesday their intention to resign from Cadbury following 'Kraft Foods' decision to declare its offer for Cadbury unconditional', Cadbury said in two separate statements. UK pledges 14.5 mn pounds for Indian slums
The Department for International Development-funded programme will support India's flagship Jawaharlal Nehru National Urban Renewal Mission programme. Toyota turns profitable; earns 153.2 bn Yen in Dec
The auto maker, which is recalling more than a million vehicles in different parts of the world, had a loss of 164.7 billion yen in the same period a year ago. In the third quarter of fiscal year 2010, consolidated vehicle sales jumped 227,000 units, Toyota said on Thursday. Global cues, food inflation drag markets
The Nifty closed at 4,845, down 86 points. ONGC, ITC and HDFC Bank were the only gainers among the index stocks. And Gail and BPCL rose on hopes of deregulation in the prices of petroleum products. 'No pressure on interest rates over next 9 months'
Last week, RBI raised the CRR--amount lenders need to keep with the central bank-- by 75 basis points to suck out Rs 36,000 crore (Rs 360 billion) from the system and cool down inflation. NSE, BSE to hold special trading session on Sat
The trades done on February 6 would be settled on February 9 as a separate settlement. Air One to fly between Aamby Valley, Mumbai, Delhi
The flight services would be operated by air services provider, Air One. "Flight operations would commence from tomorrow," Sahara India chairman Subrata Roy told reporters on Thursday. BMW limited edition of Gran Turismo at Rs 63 lakh
The limited edition of the Gran Turismo comes with a 3.01 litres diesel engine and only 100 units of the car will be available. Software, BPO exports to touch $50 bn;may grow 15%
The estimation is in line with an earlier forecast of 4-7 per cent given by National Association of Software and Service Companies. The industry was optimistic to reach the $50 billion milestone export target in the current fiscal. How new tax code and Budget could hit you
The forthcoming Budget is expected to bring about some of the changes for a smoother transition to the new tax code. Read on. . . US: Planned job cuts by firms rise to 5-month high
The report, however, said that the increase in layoffs should not be seen as a sign of 'recession relapse'. White roofs may successfully cool cities
The team found that if every roof across the world were entirely painted white, the urban heat island effect could be reduced by 33 per cent. Food inflation rises to 17.56%
This is the second week in a row that food inflation has increased, after easing for three successive weeks. Bt brinjal a conspiracy: MP govt
Agriculture being a state subject, the Centre could not impose its policy on states, Madhya Pradesh agriculture minister Ramkrishna Kusmaria, who was in Thiruvananthapuram to attend a two-day national meet on genetically modified crops, told PTI. Monster to buy Yahoo's HotJob for $225 mn
The transaction is expected to close during the third quarter of 2010. How taxes affect your investment returns
There is the impact of inflation, which could shrink your actual returns and the more important issue of taxes on your returns. Satyam case: SC grants bail to PwC auditor
A bench headed by Chief Justice K G Balakrishnan directed Talluri to furnish a personal bond of Rs 20 lakh (Rs 2 million) and two sureties of like amount. Rs 500,000 Nissan Micra soon in India
The five door Nissan Micra is an A-segment small hatchback. 10 state governments say no to Bt brinjal
Their representatives joined hands on Wednesday at a conference called in Kerala by the state government and called their united stand the second war of Indian independence. Tata Aria will soon blaze Indian roads
Tata is expected to price Aria somewhere between Toyota Innova and Ford Endeavour. Munnar structures: More govt notices to Tatas
The Kerala government says the dams and fencing are illegal and a breach of the lease agreement with the government. The Tatas have denied any illegal construction. Mamata to start 19 new trains on Feb 7
According to railway ministry sources, Banerjee is in a hurry to start the train services she had announced in her Budget in July last year.
February 03, 2010
Lost by air travellers: Laptops, blackberry phones
The goods, including jewellery, blackberry phones, foreign and Indian currency, expensive watches, laptops and I-pods, shoes and jackets, were found at the domestic and international terminals. SAIL hikes steel prices by Rs 500 a ton
There is no change in prices of long steel products, consumed mainly by the infrastructure and construction firms. When to sell your stocks: 5 thumb rules!
Sell decisions are as crucial as 'buys' for good stock investing. Five spotting rules. Markets end on a cheerful note
The NSE Nifty closed at 4930, up 100 points. Cabinet nod for Rs 800-cr infusion in AI soon
The decision on additional grant would also be taken keeping in view the high cost debt 'both current and long term' taken by Air India. Health insurance: How to choose the best plan
Rising healthcare costs have made health covers indispensable. how do you choose one that suits you best? 'GDP data to guide stimulus withdrawal'
Industry growth has started picking up in recent months fueling suggestion from RBI and other analysts for partial roll back of stimulus measures taken to ward off the impact of global economic slowdown last year. Railways to seek air time from Doordarshan
In its forthcoming Budget, Railways also propose to launch more passenger services and speed up existing trains. Jobs: India Inc upbeat; 71% cos hiring
The quarterly global survey asked more than 6,000 firms in 30 countries that whether they were hiring at managerial and professional level and planned to do so in the coming quarter as well. How India can be an affluent society by 2039!
India to be an affluent society by 2039? The statement may raise many an eyebrow now but India 2039, an Affluent Society in One Generation, a book edited by Harinder S Kohli and Anil Sood and published by Sage Publication India Pvt Ltd stresses on such a possibility. NTPC follow-on offer subscribed 61% within hours
The issue received bids for over 25 crore (250 million) shares against 41.22 crore (412.2 million) equities on offer, according to the data available with the National Stock Exchange. William Penn: Quest for fine pens
Founded in 1924 by Arnold Schweitzer, Caran d'Ache is a product of Switzerland's long history of watch-making and jewellery manufacture. Fall in engineering graduate placements
There has been an average decline of 11 per cent in the placement of engineering graduates from 111 technology schools in 2009 compared to the previous year, except for 16 of them which recorded cent per cent absorption, according to the 5th IDC-Dataquest T-School, 2009 survey. Demand for luxury watches surges
In the past two years, high-end luxury watch brands have grown by 20-22 per cent, as against 7-8 per cent growth in low-end watches. Foreign banks warm up to small towns
Small-town India is warming up to foreign banks, finally. Maruti Cervo to be priced between Rs 1.5-2 lakh
Maruti is working very hard to tap the entry level segment and it might reduce some features from the original model available in Japan. Kerala govt to demolish check dams of Tatas
The decision, which will have many political implications in the state, was taken at a meeting of the state Cabinet. The two check dams are at the Anakkulam Lakshmi Tea Estate and the Chittuvare Estate, near the Kundala dam. New UK-India group to hasten road projects
The group, which held its first meeting in London on Monday will focus mainly on the construction of major highways and district-level roads. It will comprise major road building contractors from the UK and India.
February 02, 2010
World must counter protectionism: Germany
Addressing Indian businessmen in New Delhi, German President Horst Kohler said the world community has to enhance their efforts to counter protectionist tendencies. Investment in rented premises: HC passes new order
Dismissing the plea of tenants, the court said approval of the landlord is a must and without the proof of approval investment made on the premises cannot be adjusted with rent or reimbursed by the owner. Budget: Barclays expects partial stimulus rollback
Barclays further said there is increased momentum in announcements of equity offerings in public sector units, 'which suggests upside risks to our estimate of fiscal divestment proceeds of Rs 25000 crore in the next fiscal, Findings on peaks not based on essay: Pachauri
The IPCC credibility has come under attack in the past few days for picking a report that Himalayan glaciers will melt by 2035 from a science magazine without peer-reviewing it, a fault later admitted and regretted by the climate body. Markets drop after a promising start
The NSE Nifty ended at 4,830, down 70 points. Realty, banking and PSUs were the top sectoral losers on the BSE. Aviation: Asia Pacific region overtakes US
In its report, the International Air Transport Association said that in 2009 intra-Asia-Pacific travellers numbered 647 million compared to 638 million who travelled within North America, including domestic markets. Transgenders find dignity through microfinance
TAI has undertaken some extraordinary work to help rehabilitate sex workers and transgenders so that they can live a life of dignity and honour. Facebook, Twitter users vulnerable to cyber crimes
According to the survey by global IT security and data protection firm Sophos, criminals have increasingly focused attacks on users of social networking sites in last 12 months with an explosion in reports of spam and malware. The chaos called Bt brinjal!
Even though the supporters of GM foods have ample arguments to counter the robust opposition to Bt brinjal, Jairam Ramesh's current tour shows that the seed companies who are eyeing the Indian market may not find the going very easy. Code that defends against stealthy computer worms
These worms, also known as infectious computer programmes, are malicious programmes which after being released can spread throughout networks without human control, stealing or erasing hard drive data, interfering with pre-installed programmes and slowing, even crashing, home and work computers. Nokia makes Netbook entry with a splash
Nokia, the dominant force in the handset industry, has spent the major part of 2009 guarding its turf against resurgent rivals like Samsung, LG, Sony Ericsson and Motorola, and also tech powerhouses like Research in Motion, Apple and HTC. How Audi India plans to beat Merc and BMW
Audi India managing director Benoit Tiers has his task cut out. Hamare paas Gandhi hai! Modi on Gujarat tourism
Modi plans to market the peace icon to the world in his bid to make Gujarat 'the world's leading tourist destination'. Climate change:55 nations pledge mitigation target
Some of the world's biggest polluters, the US, China, European Union and India, have reiterated their previous pledges of cutting emissions by 2020 that were widely regarded as weak, especially the 17 per cent reduction of carbon emissions from 2020 levels proposed by the US. Dubai property sales: Indians take 24%
The figures, included in FutureBrand's Gulf Real Estate Study, showed that nearly a quarter or 24 per cent of sales by value in the city involved Indian investors. BSNL staff seek PM's help; want top brass rejig
The association represents over 10,000 graduate engineers and account professionals at BSNL. NTPC fixes FPO price at Rs 201 a share
The government holds 89.5 per cent stake in NTPC and it plans to dilute five per cent stake constituting 41.22 crore (412.2 million) shares through its proposed FPO. Banks not ready to withdraw prepayment penalty
Last month, Competition Commission of India, apex body that operates to sustain and promote competition, sent notices to atleast 15 banks, non-banking financial companies and Indian Banks' Association seeking explanation on why they penalise borrowers who choose to foreclose loans. Govt moots land bank for industries
Faced with problems of acquiring land for various projects in the state, the Orissa government has decided to create exclusive land banks for industrial purpose. The return of Hari Sadu celebrates the nascent economic recovery by bringing back the demon boss.
February 01, 2010
World Bank pegs India's growth at 7.5%
This comes at a time when the global recovery remains fragile and is expected to slow later this year as the impact of the fiscal stimulus measures wanes. Now, book train tickets at Mumbai post offices
Union minister of state for communications and IT, Gurudas Kamat, launched the railway reservation system for providing tickets at four post offices in Mumbai on Monday. Infosys Mysore to get CISF security too
The government has sanctioned 48 posts of the paramilitary force in various ranks which will deploy its quick reaction team at the Infosys campus at Hebbal Electronics City, Hootagalli in Mysore. Some interesting Budget snippets for you
Budget is an annual exercise undertaken by the government that keeps everyone, whether rich or poor, on their toes. 'ICICI emerges stronger, trends positive'
Describing the third quarterly performance of the bank as 'very positive', ICICI Bank managing director and CEO Chanda Kochhar said on Monday the bank has emerged stronger on all parameters recording an operating profit of 22 per cent minus treasury income. Markets end flat
The Nifty closed at 4,899 up 18 points. Corporate rivalry affecting govt decisions: Raja
Bharat Sanchar Nigam Limited had invited bids to add 93 million GSM lines about two years ago and one of the leading vendor Nokia-Siemens Network was disqualified on technical issues and since then the PSU has not been able to place the orders because of various reasons including legal battles. Patel defends Pawar on price rise
Senior Nationalist Congress Party leader Praful Patel on Monday came out in strong defence of Union agriculture minister Sharad Pawar facing criticism for price rise and said all decisions on the issue were taken collectively. Sit on these chairs to feel like a Maharaja
Four legs, a slat of metal or wood, bare or upholstered, a seat to sit on, and another to rest your back against -- the chair might seem the very epitome of design simplicity. Income tax: What to expect in the Budget
Here are some of the things that we could expect form the Budget 2010 on personal income tax. . . Check out these last-minute tax tips
It is that time of the year when you have to declare your investments to claim deductions. Take well-considered decisions. New tax code will kill most tax benefits
The Direct Taxes Code Bill, 2009, could soon set the tone for all our future wealth-creation decisions. If enacted, the bill will not only change the amount of tax you pay, but also transform how you invest, borrow and spend your money. Shocker! Pay tax on perks, now
Your tax burden has just gone up, with the government issuing the new guidelines for taxation of perquisites. Valuation of cars goes through a revision. Aviation sector revival by 2011: Minister
"There was a drop of 30 per cent in passenger load factor leading to losses in many top airlines in the world including British Airways. But last quarter of 2009 has again raised some hopes of revival in the country," Patel told reporters in Nagpur on Monday. Ford to launch Figo @ Rs 3.5 lakh
Riding on the success of Ford Ikon and Ford Fiesta, in the mid-size sedan segment, Ford plans to roll out the new car by March. How to make money in the markets. Some golden tips
Each occasion in the market teaches new lessons, which will empower you to achieve your ultimate goal of building wealth. Hindujas to invest $10 bn in power
The group has already announced plan to invest $50 billion in power, realty, auto, healthcare and oil and gas projects in India, whose appetite for infrastructure funds is pegged at about $500 billion over the next four-five years. Maruti sold 95,649 cars in Jan; sales up 33.3%
The A3 segment (Swift Dzire and SX4 sedans) sales grew by 36.5 per cent to 8,995 units in January 2010. Moragn Stanley to hire several hundred traders
Attributing to Morgan Stanley CEO James Gorman, the report by the Financial Times said that the company plans to boost its under-performing securities business by hiring several hundred traders over the next few years. Tata Steel to invest Rs 5,700 cr for expansion
Tata Steel plans to expand capacity to 10 million tonnes at Jamshedpur by August 2011 from 6.8 million tonnes. Ex-minister Rudy joins IndiGo as co-pilot
The first Indian civil aviation minister to fly for a commercial airline -- Rajiv Gandhi has been the only prime minister to do so -- Rudy started his job with IndiGo from January 4. States tighten rules to curb power theft
Gujarat, Haryana and Orissa, on the other hand, are tightening the monitoring mechanism to firmly tackle the problem. Similarly, Delhi, where the losses have come down to around 16 per cent from 60 per cent before privatisation, has increased policing to avoid tampering of meters and thefts. Pepsico to launch $30 bn push into foods
Indra Nooyi said she wanted the company to treble the revenue gained from its 'good-for-you' ranges, which include Quaker, Oats, Tropicans and Naked Juice. Cheap insurance covers for the rich
Life insurers are aggressively targeting HNIs. A look at some of the products on offer.