Between April-June 2016-17, the additional excise duty mop up on these two products stood at Rs 17,692 crore.
The company had announced its plan to launch 15 new products in 2015.
In 2015-16, more than 94 per cent of income tax returns were filed online and 4.14 crore returns were processed by the Central Processing Centre.
Crisis-ridden National Spot Exchange on Tuesday sacked its Managing Director and CEO Anjani Sinha and six other top executives on a day it failed to meet the first scheduled repayment to investors.
Govt had raised excise duty on petrol and diesel on Nov 12.
Last year, the government had borrowed Rs 4.37 lakh crore.
Construction of one kilometre of high speed railway track will cost Rs 100-140 crore.
This was the second consecutive yearly outflow from such funds.
Govt hikes excise duty on petrol, diesel to mop up Rs 2.5K-cr.
Verma wins compound individual gold, opens tally for India.
SpiceJet to add 7 planes; another Rs 500 cr infusion in April.
Forty-five cows, 20 calves and a double barrel gun with 50 cartridges are among the possessions of former Bihar Chief Minister Rabri Devi who is contesting the Lok Sabha polls as a Rashtriya Janata Dal candidate from Saran constituency.
The operating income of the bank fell by 5.17 per cent to Rs 25,612 crore during April-June quarter of 2017-18
A Rs 250-300 crore (Rs 2.5-3 billion) healthcare facility in Tamil Nadu with a capacity of 200-300 beds is being planned by the Hinduja Group of Companies.
The auction will help operators augment expansion of high-speed 4G voice and data services in the world's second largest mobile phone market.
The company seeks floor area ratio of 3, against the permitted 2, from Uttar Pradesh.
Disinvestment proceeds of the government could be higher than the estimate of Rs 25,000 crore for 2009-10. The government has already raised Rs 13,621 crore through disinvestment in four public sector companies.Dilution of stake in National Mineral Development Corporation, the fifth public sector undertaking to come out with a public offer this year, is likely to fetch the government more than the remaining Rs 11,388 crore, thereby exceeding even the revised target.
Kicking off its disinvestment drive, the government will sell 5 per cent of its stake in steel major SAIL on Nov 5.
The idea is to set up renewable energy generation capacity, including both solar and wind, along with the associated evacuation infrastructure, at a mega scale in the four Indian deserts -- Thar in Rajasthan, Rann of Kutch in Gujarat, Lahul & Spiti in Himachal Pradesh and Ladakh in Jammu & Kashmir.
The government plans to prepay Rs 5,188 crore (Rs 51.88 billion) worth of high cost debts of Asian Development Bank in the current fiscal, after having prepaid Rs 6,378 crore (Rs 63.78 billion) to the World Bank a few days back.
State-owned Indian Oil Corp, Bharat Petroleum and Hindustan Petroleum are collectively losing Rs 2.65 billion (Rs 265 crore) per day on selling fuel below cost and may end the fiscal with a Rs 874.4 billion (Rs 87,440 crore) revenue loss.
The investment will allow the plant, which currently builds car parts, to produce full vehicles.
In one of the largest FDI deals in realty sector, global private equity Warburg Pincus will invest Rs 1,800 crore (Rs 18 billion) in Piramal Realty, which would use the funds to develop mixed-use projects in the megalopolis.
As many as 56 firms collectively mopped up Rs 17,283 crores through IPOs during the April-September period of 2016-17.
The fund will be used to restore and reconstruct the government tourist facilities
The central government will lose about Rs 24,000 crore (Rs 240 billion) of revenue during the current fiscal on account of reduction in customs and excise duties on petroleum goods.
635 declarations of illegal wealth were made in the 3-month compliance window.
The country's biggest fuel retailer Indian Oil Corporation on Wednesday said it is losing Rs 107 crore (Rs 1.07 billion) a day on selling auto and cooking fuel below cost even as it awaits the government to announce clear compensation package.
Basel-II mandates banks to set aside more capital for advances to unrated companies. From Apr 09, the problem will grow bigger since all loans above Rs 20 cr will require similar treatment unless companies get themselves rated. Basel-II is the 2nd of the global banking accords that provide banks with guidelines to measure various types of risk they take. Indian banks have to be Basel-II-compliant from this fiscal. Banks will have to assign 20% risk weight to AAA-rated firms.
Banks lend 60,000 cr in 8 weeks since Nov 8; Y-o-Y credit expansion slows further.
The government has decided to give a Rs 3,000-crore (Rs 30-billion) cash subsidy to fertiliser companies and put in another Rs 800 crore (Rs 8 billion) in Air India. Oil marketing companies, though, are unlikely to get any subsidy for the losses they incur on selling cooking fuel at subsidised rates in the current year.
Diesel fuel injection systems supplier Delphi-TVS on Saturday said it would invest Rs 500 crore (Rs 5 billion) to manufacture common rail fuel injection systems and set up a technical centre in Chennai for product development.
The most convincing signs of revival are visible in historically retail-oriented cities such as Mumbai, Bangalore, Delhi, Kolkata and Pune, with the action beginning to perk up in other cities as well.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The huge reduction in the government's support for Bhavini has brought down the overall budgetary allocation for nuclear power schemes by 20 per cent.
Describing DBT for LPG as a 'tremendous success,' Oil Minister M Veerappa Moily said the programme, when implemented throughout the country, would help save Rs 8,000-9,000 crore (Rs 80-90 billion) of subsidy from going to unintended beneficiaries.
In its biggest fall in nearly three years, Infosys on Friday plummeted by about 13 per cent, wiping out nearly Rs 20,000 crore (Rs 200 billion) in market value.
United Breweries Ltd plans to invest about Rs 100 crore (Rs 1 billion) in establishing new Greenfield brewery plants in Orissa, Rajasthan and Uttar Pradesh, as well as expanding the ones.
The company and other public sector fuel retailers Bharat Petroleum and Hindustan Petroleum are currently selling petrol at Rs 3.68 a litre below cost and diesel at Rs 2.90 per litre lower than cost.
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