The country's fiscal deficit, as a percentage of GDP, would be wiped out if the crude oil price, as measured with the Indian basket, touch $80 per barrel.
The govt is mulling the need to exercise its rights under the gas production-sharing contracts.
New recast plan calls for more loan rate cuts and lower equity returns.
Commerce Minister Kamal Nath is pushing for a major policy change, one that would result in foreign travellers to India being refunded the value-added tax they pay on purchases made here.
Budget 2007 is expected to introduce major changes in non-resident taxation, partly aimed at making it easier for foreign companies to do business in India and encouraging greater investment inflows.
Five years later, it is obvious Maruti is the better bet.
A third of firms said they wouldn't have existed had it not been for PE and over 62 per cent said they'd have grown slower.
On February 16, 2006, the Supreme Court supported the residents and ordered sealing of shops/offices located in residential areas, to start from March 29.
The finance ministry is likely to raise the exemption limit for service tax from Rs 400,000 to Rs 10 lakh (Rs 1 million) in the forthcoming Budget.
3-tier spectrum allocation policy to curb inefficient use.
Even as Left parties have demanded a review of the tax concessions provided to SEZs, the DoT has sought extension of excise duty exemptions to industrial units set up in telecom-specific SEZs.
India's R&D spend trebled in a decade, but China's has grown even faster
The power ministry has submitted a draft Cabinet note proposing to modify the 1995 mega power policy to allow a more flexible system of private participation in distribution through a franchisee model.
The Department of Telecom has asked the Group of Ministers on telecom spectrum to direct the Ministry of Defence to immediately release 20 Mhz spectrum in the 1,800 Mhz band for mobile phone operators.
Education policy in India has got to be among the most bizarre ever seen.
Pratham's latest report on rural education has some good news, but it's mainly bad.
Reliance Communications has sought government approval for sponsoring a secondary Global Depository Receipts offering of up to $1.2 billion, representing 6.53 per cent of the total paid-up equity shares of the company.
The Telecom Commission is considering imposing fines of Rs 400 crore (Rs 4 billion) on seven telecom service providers for delay in commissioning of services. A note for this purpose was put up for consideration last month.
The government is mulling a policy for developing hydro-power capacity, under which projects, possibly of 2,000-3,000 Mw each, would be drawn up and offered to private and public sector developers.
The Ruias are contemplating approaching the Ministry of Company Affairs for its views on the Right of First Refusal (RoFR) clause in their shareholders' agreement with Hutchison Telecom International Ltd (HTIL).
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