Finance minister Pranab Mukherjee is believed to be in favour of giving state-run oil firms freedom to fix price of petrol and diesel in step with cost, as he feels the current moderate global oil rates may be the last window India has to deregulate fuel pricing.
Remembering an incomparable actor by re-visiting his finest films.
India's foreign direct investment inflow between April and November 2008 was $23.3 billion, a growth of 45 per cent compared with that during the same period in 2007, said union Foreign Minister Pranab Mukherjee, who is holding additional charge of the finance portfolio while presenting the Interim Budget for 2009-10 on Monday in parliament.
Brokers said the Securities Transaction Tax regime and high stamp duty charges on share market transactions were the main reasons for the high cost of trading in India. As per the current STT rate structure, a delivery-based cash market transaction is taxed at Rs 12,500 per Rs 1 crore (Rs 10 million), or 0.125 per cent. The tax is levied on both buyers and sellers.
'Without it, it is going to be much, much, much, much worse.' 'In the meantime, we really need to work on a sort of war footing, given that it is a natural disaster, provide relief, provide essentials, till we get biological herd immunity, we need to get economic immunity, and also social immunity.'
The latest official numbers on the price of agricultural produce gives an idea of what's fueling the farmers' protest in Delhi.
Deepak Mehta is not at all happy with the recent hikes in the rates of petrol and diesel. The good point, he feels, is the spending on the social sectors and the steady growth experienced by India Inc despite a global slowdown.
Finance Minister Pranab Mukherjee presented the Union Budget 2010-11 in parliament on Friday.
If foreigners need reasonable taxes, why offer citizens something else? If foreign businessmen look for assurance on the rule of law, so do citizens, argues T N Ninan.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
The President said there will be occasional doubters and baiters who will continue to complain, to demand, to rebel.
The way Dilip came to the porch to receive Lata, you would never have guessed something was amiss between the two. Raju Bharatan's many wonderful insights into Dilip Kumar's life.
'Where is the spirit of Team India?' asks Chandrababu Naidu.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In 2009, the UPA government, had announced a slew of measures to boost liquidity in NBFCs. These included a scheme for providing liquidity support to NBFCs having assets size of over Rs 100 crore through a SPV.
While rising food inflation is a matter of grave concern for a significant chunk of the population and for policy makers as well, it marks a turnaround in the fortunes of the farmer, reports Sanjeeb Mukherjee.
Since 2000, India has had three serious droughts.
'RuPay' is developed by National Payments Corporation of India.
'Lower rates are only part of the solution and sometimes not the right solution at all.'
The crackdown on black money has manifested itself in a doubling in outward remittances as black money attempts to leave India.
Watchdogs of the economy have not been barking and it is high time we noticed it, says Shreekant Sambrani.
Rarely have we seen such intoxication over power, which ignores the cries of those dying, notes Jyoti Punwani.
Wriddhiman Saha presented another dimension to his batsmanship as he geared for the upcoming Indian Premier League hitting 14 sixes in a 20-ball hundred during a T20 inter-club game.
The company cited low demand in the second half of the year due to high interest rates, increased insurance cost and fuel prices for its downward revision
'This confrontation could have been avoided by a less arrogant administration that initially listened, used whatever negotiating skills they had and tried to be more credible,' observes Ramesh Menon.
A customer wanting to buy a car would have to wait a long time for delivery.
'If the institutions of democracy are under pressure, it is time for serious thinking by the people and their parties. The correctives must come from within.'
India's exports to China stood at $7.56 billion during the period whereas the imports have jumped to $52.26 billion in April-January
PM's announcement were focused on those most affected by the note ban.
A recent study shows that more than 100 million people are excluded from the public distribution system because the central government insists on using 2011 population figures to calculate state-wise PDS coverage, which effectively leaves out 100 million people, reports Sanjeeb Mukherjee.
GST rates would depend upon whether the commodity is used by a rich person or a common man
Services sector slowed down in May on weak economic factors.
However, independent economists are not as gung-ho as the finance ministry over the likelihood of deficit target being met this time around, says Indivjal Dhasmana.
As someone with nostalgia for the good cheer and friendly feelings of Brazilian people, former Ambassador to Brazil B S Prakash can only hope that when they see on their TV screens their President being feted on Rajpath, they will sense India's goodwill for Brazil.
The previous high GDP growth of 8.1 per cent was recorded in April-June quarter of 2016-17.
Dilip Kumar remained in demand all through his career because he kept reinventing himself in keeping with the changing times in Indian cinema, argues Mohammad Asim Siddiqui.
With the rupee slipping to nearly Rs 70 per dollar on Tuesday, most parents with children in the US will feel the pinch
TCS reported a 5.8 per cent rise in revenue at Rs 27,165 crore.
The remarks came amid reports of mounting tension between the finance ministry and the RBI over the autonomy of monetary policy makers.
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