On the Sensex chart, IndusInd Bank was the top gainer, rallying over 11 per cent, followed by ICICI Bank, SBI, HDFC, M&M and Axis Bank. On the other hand, Dr Reddy's, Tech Mahindra and TCS were among the laggards.
Some of the disclosures in the ITR form, under review at present, increases procedural hassles for expats
India's foreign exchange reserves rose by $2.8 billion to $343.2 billion
'Increased allocations for MNREGA could have provided the much needed push to rural demand and consumption at a time when recovery continues to remain uneven.'
In the first phase, most of the outdated regulations in the state and central Acts will be removed. Further, compliances with regard to annual inspections, licence renewal, and storage of multiple data will be eased.
Chidambaram promises to maintain fiscal discipline; admits inflation is an issue.
Jaitley slammed lack of ethics in certain sections of businesses and said multiple layers of auditing system chose to either look the other way or did a casual job.
India's growth rate is not UPA/NDA issue, Arun Jaitley said.
Finance Minister Arun Jaitley presents the current National Democratic Alliance government's fifth and arguably his toughest budget.
Union Budget 2015 cuold have included few smaller reforms.
"Everybody in this country has the responsibility to implement the law which has been passed in Parliament,", the minister, who was in Chennai as part of the BJP's nationwide 'Jan Jagran Abhiyan' campaign in support of the Act, said.
Dissenting states including Chhattisgarh and Kerala, have made it clear they are in no mood to relent. They want the Centre to borrow the entire Rs 2.35 trillion this fiscal citing bleak fiscal position.
Vodafone is facing tax liability over its $11 billion acquisition of a 67 per cent stake in the mobile-phone business owned by Hutchison Whampoa in 2007.
Priced at Rs 42,500, this speaker unit might seem a bit overpriced, but you are for experience, this one is a perfect choice for you, says Khalid Anzar
Centre shows optimism of achieving the target of 4.1% at back of recent measures and turn around in manufacturing.
The government on Tuesday said it is keeping a close watch on the developments in the crisis-ridden NSEL and will take action once reports of the two committees looking into the problems of the exchange are received.
The year 2018 is likely to be steady in terms of institutional investment into real estate
Indian Grandmasters Vidit Gujrathi and S P Sethuraman placed themselves for a medal contention as they defeated Jorge Cori of Peru and Vladislav Kovalev of Belarus respectively in the 12th and penultimate round of World Juniors Chess Championship.
Finance secretary R S Gujral too is believed to have met top Vodafone officials in Mumbai last month.
Seeking to spur foreign investments, Finance Minister P Chidambaram has said the Union Cabinet will decide on raising FDI caps in different sectors in the third week of this month.
These companies had an accumulated loss of Rs 55,656 crore (Rs 556.56 billion) in 2012-13.
Economists urged FM to rationalise indirect taxes and impose Tobin tax.
Chidambaram first met bankers and industrialists in Mumbai to seek ways to revive slowing economic growth.
Eminent jurist Ram Jethmalani on Sunday asserted that Indian Parliament "is not sovereign" for its decisions can be challenged in court, as he hit out at Finance Minister Arun Jaitley for criticising the Supreme Court verdict to scrap NJAC Act on appointment of higher judiciary.
Atmar briefed Jaishankar about the situation in the war-torn country amid growing security concerns over the Taliban fighters rapidly seizing control of a large number of areas, forcing many countries to scale down their presence there.
Post demonetisation, there has been a hike in collection of personal income tax
Government has set up a Financial Sector Legislative Reforms Commission to streamline the financial sector laws.
Rediff.com brings to you Finance Minister Pranab Mukherjee's Budget Speech Live from Parliament at 11.00 a.m. on February 26.
Frosty Indo-Pak relations after the beheading of Indian soldiers by Pakistani troops were on full display in Yokohama, Japan.
Stocks ignored better-than-expected double digit industrial production figures in August to snap a three-day rally on profit-booking after Finance Minister P Chidambaram said he was "surprised and worried" by the sharp rise in stock prices.
The Budget is disappointing because it refuses to fundamentally repudiate fiscal populism.
DoT has also announced that it will conduct third round of auction but dates and other final details have not been released yet.
Behind the GBS figures, to be revealed in the Budget next week -- lies a fierce tug of war between Finance Minister P Chidambaram and Planning Commission Deputy Chairman Montek Singh Ahluwalia in which Prime Minister Manmohan Singh eventually threw his weight behind the finance minister.
To meet the financing requirements of the infrastructural deficit, many more institutions are required to share this responsibility, Chidambaram said on Tuesday, while launching operations of India's first Infrastructure Debt Fund under the NBFC Structure by handing over the First IDF -- NBFC License to the Promoters of India Infra Debt Limited -- ICICI Bank, Bank of Baroda, Citibank and Life Insurance of Corporation.
AI, IoT, 3D printing, drones, data storage, quantum computing etc are all re-writing world economic order, the FM said.
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Says high inflation has to be reversed to achieve sustainable GDP expansion.
No, no, she ain't doing a mythological for Ekta K...
Before Budget, departments see outlays shaved.
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