The Commerce and Industry Ministry has circulated a draft Cabinet note for inter-ministerial consultations.
The Indian companies, however, invested a much lower $1.59 billion in overseas markets in the previous month May 2014.
The Bombay Stock Exchange has resumed trading after three hours on Thursday.
Inflation in food articles category in January stood at 8.8 per cent.
Exports were up 0.8 per cent in Jan while imports rose 6 per cent.
The 50-share NSE Nifty was trading lower by 24 points.
The 30-share Sensex ended at 26,100 mark up by 138 points and the 50-share Nifty closed at 7,787 mark up by 36 points.
Pharma body wants all excisable goods used for R&D purposes should be exempted from central excise duty.
The rupee had lost 23 paise to end at 54.09 in Tuesday's trade due to month-end dollar demand.
Prime Minister Narendra Modi's landslide election in 2014 raised hopes he would draw a line under India's socialist past, cut welfare and reduce the government's role in business.
The Budget's proposals of hiking taxes for the rich and duties on certain products like automobiles and cigarettes may appear anti-rich.
This change will come into effect from April 1.
Silver, however, remained steady at Rs 37,200 per kg.
Apple promised to appeal.
Silver, however, recovered by Rs 50 to Rs 36,800 per kg
Wage revision in PSU banks is done every five years.
Electricity tariffs to go up as coal cess is doubled.
All eyes will be on the Boeing 787 as it will land in the city on Wednesday morning marking its debut on the Indian soil.
The train will traverse through seven tunnels and over 30 small and large bridges.
Mercedes-Benz has launched the 2014 edition of its luxury sedan CLS 350 in petrol engine, priced at Rs 89.9 lakh (ex-showroom, Delhi).
The Rail Budget we have prepared is in the interest of the nation and railways.
The new measures will lead to tax collection of Rs 9,000 crore
Under Sebi guidelines, AIFs can operate broadly in three categories.
The minister observed it took years to get permissions to start a project.
Before buying Marans' stake, Singh's shareholding stood at 1.85%.
Let's have a look at some amazing facts about Walmart.
The customised version could be of Phantom and Ghost series and will be available in limited numbers.
Let's take a look at how productive workers are in India and around the world.
Here's a list of countries with no personal income tax.
Let's take a look at some of the most expensive stocks in the world.
In an enticing offer, an entire US town complete with a bar, workshop, three trailers, single house and 6.16 acres of prime prairie real estate, is up for sale for about $400,000.
Investors are keenly focused on new govt's first full-year Budget.
Several exemptions have been given to reduce the cost of raw materials.
The RBI had opened special swaps windows to attract deposits from non-resident Indians and allow oil-marketing companies to source dollars.
Inheritance tax only helps the lawyers: Rajan
The S&P BSE Sensex ended higher by 464 points or 1.95% at 24,243.
It should be noted that the CPC allocation is provisional.
The dollar's weakness against some currencies overseas supported the rupee.
The lifeline of the nation, the Indian Railways started its service 161 years ago on 16 April 1853.
Suzuki is developing an 'ECO' variant of the next generation A-Star to provide an amazing fuel economy of 33 kmpl.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances