News for '-complete-coverage-of-budget'

India Inc revenue likely to grow 9-11% in June-quarter: Crisil

India Inc revenue likely to grow 9-11% in June-quarter: Crisil

Rediff.com3 Jul 2014

The Crisil study covered 600 companies excluding financial services and oil companies, representing 71 per cent of the overall market capitalisation of India Inc.

Private charters may be allowed to convert to scheduled airlines

Private charters may be allowed to convert to scheduled airlines

Rediff.com30 Jun 2014

While scheduled airlines operate flights as per schedules drawn up for several months or even years and are committed to flying during these periods on these routes, an NSOP or a charter operates irregularly and may be planned a short time before a flight.

RIL, BP to invest Rs 800 cr in Tamil Nadu

RIL, BP to invest Rs 800 cr in Tamil Nadu

Rediff.com30 Jun 2014

Reliance Industries Ltd, along with its partner British Petroleum, plans to invest about Rs 800 crore (Rs 8 billion) to carry out exploratory drilling in an offshore block in the Bay of Bengal, off the Tamil Nadu coast.

Volkswagen to invest Rs 1,500 cr in India

Volkswagen to invest Rs 1,500 cr in India

Rediff.com15 Jul 2014

German carmaker Volkswagen plans to invest Rs 1,500 crore in India over the next 6 years on various activities, including local production of engines, as it aims to consolidate position in the country.

Economic Survey's agricultural road map better than Budget's

Economic Survey's agricultural road map better than Budget's

Rediff.com15 Jul 2014

A barrier-free market -- coupled with removal of controls, licensing system, intermediaries and state-imposed levies on farm commodities -- will benefit both sellers and buyers.

Budget brings tax worries for foreign portfolio investments

Budget brings tax worries for foreign portfolio investments

Rediff.com15 Jul 2014

Portfolio investors based out of the US and other countries with which India does not have favourable tax treaties will have to pay a 15 per cent tax on their derivative transactions, after the Budget decided to classify income from all foreign portfolio investment as capital gains.

Markets consolidate; Sensex defends 25k

Markets consolidate; Sensex defends 25k

Rediff.com14 Jul 2014

Infosys, Wipro and HUL among the top losers for the day.

Budget: Its impact on the cement industry

Budget: Its impact on the cement industry

Rediff.com11 Jul 2014

A sum of Rs 7060 crore is provided in the current fiscal for the project of developing one hundred Smart Cities.

Positive consumer sentiment could drive auto industry

Positive consumer sentiment could drive auto industry

Rediff.com11 Jul 2014

Higher disposable incomes, rural push and infra push to boost auto sector

Trade deficit improves, falls sharply by 27.8%

Trade deficit improves, falls sharply by 27.8%

Rediff.com9 Jul 2014

In the Financial year 2013-14 there were encouraging signs on the foreign trade front as India's trade deficit recorded a sharp fall.

Markets record highest percentage fall in a day since Jan '14

Markets record highest percentage fall in a day since Jan '14

Rediff.com8 Jul 2014

Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.

India Inc hails Railway Budget as pro-growth

India Inc hails Railway Budget as pro-growth

Rediff.com8 Jul 2014

Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.

Power plants running out of coal, imports to surge

Power plants running out of coal, imports to surge

Rediff.com8 Jul 2014

State behemoth Coal India, the world's largest coal miner, has failed to raise its output fast enough to meet demand, and millions of Indians still go without power.

Run-up to Budget: Emerging market peers pip India in past month

Run-up to Budget: Emerging market peers pip India in past month

Rediff.com8 Jul 2014

Though India has been one of the best-performing markets in the last two months, it has lagged some of its emerging market peers such as the Philippines, Thailand and South Africa.

Brazil BRICS summit to be Modi's first multilateral meeting

Brazil BRICS summit to be Modi's first multilateral meeting

Rediff.com7 Jul 2014

The agenda is to give a concrete shape to a Development Bank and pitch for reforms of the UN Security Council.

Inflation firefight: Price stabilisation fund in offing

Inflation firefight: Price stabilisation fund in offing

Rediff.com6 Jul 2014

Central pool of onions to be set up; offences under Essential Commodities Act to be made non-bailable.

Sebi suggests Skype breaks for Subrata Roy

Sebi suggests Skype breaks for Subrata Roy

Rediff.com5 Jul 2014

Sebi suggested Roy be allowed to step out of Tihar jail for a few hours every day to negotiate the sale of his foreign properties over video conference.

OilMin to move Cabinet panel on raising LPG, kerosene prices

OilMin to move Cabinet panel on raising LPG, kerosene prices

Rediff.com4 Jul 2014

The ministry is preparing a draft note for consideration of the CCPA on pricing of diesel, kerosene and LPG, official sources said.

Govt plans Rs 2 lakh-cr solar and wind power projects in deserts

Govt plans Rs 2 lakh-cr solar and wind power projects in deserts

Rediff.com4 Jul 2014

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.

Minister wants to strike a balance between workers and industry

Minister wants to strike a balance between workers and industry

Rediff.com3 Jul 2014

It's a middle path for labour reforms.

FIIs shop but won't drop

FIIs shop but won't drop

Rediff.com3 Jul 2014

Inflows cross $10-billion mark for 3rd consecutive year.

Obama lashes out at opponents for not passing immigration bill

Obama lashes out at opponents for not passing immigration bill

Rediff.com1 Jul 2014

Obama announced to take a series of executive actions, including a shift of immigration enforcement resources.

RIL to defer investments in developing newer fields

RIL to defer investments in developing newer fields

Rediff.com30 Jun 2014

RIL's Dhirubhai-34, or R-Cluster field, in the flagging KG-D6 block was to produce about 13 million standard cubic metres per day of gas, equivalent to present day output from D1&D3 as well as MA fields, by 2017-18.

Tribunal dismisses RIL appeal against Sebi

Tribunal dismisses RIL appeal against Sebi

Rediff.com30 Jun 2014

The ruling was made by the Securities Appellate Tribunal, an independent quasi-judicial body that rules on appeals against orders passed by the Sebi.

Kumar Birla tightening grip over B K Birla companies

Kumar Birla tightening grip over B K Birla companies

Rediff.com30 Jun 2014

The company had appointed a three-member committee of directors to implement the changes.

Polymers: New duty structure to bring in fund

Polymers: New duty structure to bring in fund

Rediff.com11 Jul 2014

The duty reduction in feedstock would strengthen the domestic manufacturing in India making it more competitive leading to surge in exports of finished goods.

Rail Budget to increase common people's burdens: CPI-M

Rail Budget to increase common people's burdens: CPI-M

Rediff.com8 Jul 2014

The first Railway Budget of this Bharatiya Janata Party-led National Democratic Alliance government is a cosmetic exercise, high on rhetoric and low in substance, the CPI-M said.

India should avoid fiscal slippage

India should avoid fiscal slippage

Rediff.com3 Jul 2014

The comments came after Indian Finance Minister Arun Jaitley warned of tough measures in his first budget on July 10, saying 'mindless populism' needs to be checked as India aims to boost growth.

After 4 years, Lavasa files for IPO again

After 4 years, Lavasa files for IPO again

Rediff.com2 Jul 2014

The company plans to raise Rs 750 crore; other realtors may follow.

Tata Sons pledges TCS shares for Docomo deal

Tata Sons pledges TCS shares for Docomo deal

Rediff.com1 Jul 2014

In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.

Modi to launch 1st multilateral engagement with BRICS leaders

Modi to launch 1st multilateral engagement with BRICS leaders

Rediff.com14 Jul 2014

India is keen on the issue of equal share holding since it doesn't want a repeat of the distortions that have crept into Bretton Woods institutions like International Monetary Fund, World Bank and the Asian Development Bank in which rich countries like the US and Japan have a strangle hold.

Positive announcements will spur steel sector growth

Positive announcements will spur steel sector growth

Rediff.com12 Jul 2014

Union Budget 2014-15 is positive for metals and mining companies.

Banks will now be encouraged to extend long-term loans

Banks will now be encouraged to extend long-term loans

Rediff.com11 Jul 2014

Banks to be permitted to raise long-term funds for lending to infrastructure sector with minimum regulatory pre-emption such as CRR, SLR and Priority Sector Lending.

Lowering LPG cap will be viewed positively by the market

Lowering LPG cap will be viewed positively by the market

Rediff.com9 Jul 2014

Expectations are that the government will use the Union Budget to create an environment, which is conducive for growth.

UK seeks to capitalise on 'achhe din'

UK seeks to capitalise on 'achhe din'

Rediff.com7 Jul 2014

Secretary of State for Foreign Affairs William Hague and Chancellor of the Exchequer George Osbourne, heading the largest business and ministerial delegation ever, arrived in Mumbai, their first port of call, during a two-day visit to the country.

Petroleum minister rules out sudden, steep price hikes

Petroleum minister rules out sudden, steep price hikes

Rediff.com5 Jul 2014

The government does not seem inclined, at least in the petroleum sector, to effect sudden and steep upward price revisions to tame its huge subsidy burden and rein in fiscal deficit.

Skymet lowers monsoon forecast; odds of a drought at 60%

Skymet lowers monsoon forecast; odds of a drought at 60%

Rediff.com5 Jul 2014

India now faced a higher likelihood of a drought in some parts, as monsoon rain would be less than predicted in April, private weather forecaster Skymet said on Friday.

RCom to raise Rs 5,000 cr by selling real estate

RCom to raise Rs 5,000 cr by selling real estate

Rediff.com3 Jul 2014

The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.

Tribunal stays Bengaluru airport's sop to hub airline companies

Tribunal stays Bengaluru airport's sop to hub airline companies

Rediff.com2 Jul 2014

Rivals say the concessions would benefit AirAsia alone.

April-May fiscal deficit exceeds 45% of FY15 estimate

April-May fiscal deficit exceeds 45% of FY15 estimate

Rediff.com1 Jul 2014

In the run-up to the Union Budget, expected to be presented on July 10, this paints a grim picture for Finance Minister Arun Jaitley.