Petroleum Minister Ram Naik is likely to meet Finance Minister Jaswant Singh on January 30 to seek excise duty cut on petroleum products in view of excessive volatility in international crude oil prices.\n\n\n\n
Goverment on Wednesday hinted at a feel good factor for the average households in the forthcoming budget saying there should be food for the hungry and money in the purse of housewives.
The Blue City is calling out to you. Are you ready?
Indian firms can invest in listed cos abroad: RBI
Echoing Finance Minister Jaswant Singh's projection of a "significant" economic growth this year, economists on Friday pegged the GDP growth at 6-6.5 per cent but cautioned the Centre on increasing debt and fiscal deficit.
Concerned over the high outstanding wealth tax and income tax, Finance Minister Jaswant Singh said as against a tax demand of over Rs 70,670 crore, the net collectable demand stood at only 35 per cent of the total amount.
Indications are that Reddy will take charge as RBI Governor after the annual meeting of the IMF slated in late September.\n\n
The government will pre-pay Rs 7,500 crore (Rs 75 billion) worth of bilateral aid this fiscal, besides swapping Rs 38,000 crore (Rs 380 billion) high cost state government debts, Finance Minister Jaswant Singh told Rajya Sabha on Tuesday.
India is committed to repay its high interest debt earlier than scheduled and has already paid over $3 billion, Finance Minister Jaswant Singh told the Lok Sabha on Friday.
The government said on Thursday that it will try to compensate states for the first three years for any loss of revenue they might suffer due to introduction of Value Added Tax regime next fiscal.
Less than 4 days after announcing Rs 609 crore aid for cane growers of states having a state advised price regime, the Centre on Monday decided to come out with a comprehensive package which will include the non-SAP states as well.
Bihar Chief Minister Nitish Kumar on Tuesday hit the campaign trail and took potshots at the Bharatiya Janata Party for pushing elderly leaders to the "corner" and giving preference to "outsiders".
India's total external debt stood at $101.97 billion as on September last year, Lok Sabha was informed on Friday.
At least 11 states accounting for two-third of the country's trade and industrial output are ready to introduce value-added tax from June
India, the world's largest edible oil importer, on Wednesday slashed customs duty on RBD Palm oil to 70 per cent from 85 per cent but traders here said it is unlikely to have any significant impact on imports.
The Lok Sabha approved the Union Budget for 2003-04 with some minor changes on Wednesday.\n\n\n\n
Only eight out of 16 states, which have agreed to implement Value-Added Tax from June 1, have passed legislations on the issue so far, Finance Minister Jaswant Singh said in Lok Sabha on Friday.
In a shot in the arm for the Bharatiya Janata Party, two senior leaders of the Asom Gana Parishad on Monday joined the party and the Gorkha Janmukti Morcha pledged support to BJP candidates in West Bengal, including the Darjeeling Lok Sabha seat.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances