Excise duty on small cars, motorcycles and SUVs was reduced.
Determination of rates will no longer be an exercise behind veils where the Railways and the users could only peep covertly at what was happening on the other side.
The first voice by the new government clearly indicates growth and fiscal consolidation and that tells we are in a bull run for a long time.
Railways Minister Sadananda Gowda will present his maiden Rail Budget on July 8 in Parliament.
SpiceJet is offering fares on Mumbai-Dubai route as a discount.
The US retail giant operates 20 wholesale stores under the brand 'Best Price' in India.
Kicking off its disinvestment drive, the government will sell 5 per cent of its stake in steel major SAIL on Nov 5.
Sebi has been probing Prayag Group for allegedly running unauthorised collective investment scheme and for defaulting in repayments to various small investors.
20 new industrial clusters will be developed in 2014-15.
The government had disallowed as much as $1.005 billion of its investment as KG-D6 output lagged targets.
Then chief minister, Buddhadeb Bhattacharjee, had laid the JSW project's foundation stone on November 2,2008, for the 10-million tonne capacity plant.
Apple had taken Shanghai-based Zhizhen Internet Technology and China's State Intellectual Property Office to court to seek a ruling that Zhizhen's patent rights to a speech recognition technology were invalid.
Irked by angry reactions to his Facebook post on 'World UFO Day' on Wednesday, Finance Minister Arun Jaitley withdrew the message within hours.
The award will be presented in Mumbai on September 23 during Frost & Sullivan's annual Growth, Innovation and Leadership Executive Congress, the global consulting firm said in a statement.
US budget deficit to come down to $583 billion in 2014
DDT is levied at the rate of 20% on dividend paid by cos to shareholders.
The Budget and related appropriation bills were passed by the Lok Sabha on Monday.
The government on Thursday announced a new 24-hour TV channel dedicated to agriculture sector with an outlay of Rs 100 crore for providing real-time information to farmers.
Flight caterer TajSATS has partnered with Air India to improve the onboard food service on select domestic and international routes.
.jpg)
Riding high on improved market sentiment, especially after the Narendra Modi government took charge in late May, more and more investors are going for real estate compared to stocks and gold, according to a survey.
Pattali Makkal Katchi founder S Ramadoss said that Prime Minister Narendra Modi should meet the expectations of the people that prices will go down if he took over and 'it is the duty of the new government to do that.'
The survey showed firms passed on a greater cost burden to consumers. Prices charged rose at their fastest pace since October.
Leeway on CRR and SLR was a long-standing demand from banks, which the RBI did not agree to till recently.
A sum of Rs 7060 crore is provided in the current fiscal for the project of developing one hundred Smart Cities.
The current debt market scenario is balanced from rates perspective.
The IT modernisation project with this outlay was approved by Cabinet Committee of Economic Affairs in November 2012.
Agriculture credit is likely to exceed the target of Rs 7,00,000 crore while farm exports are expected to increase to over $45 billion in the current fiscal, Finance Minister P Chidambaram said today.
The official said the finance ministry will impress upon rating agencies the resolve of the government to contain fiscal deficit at 4.1 per cent this year and lower it to 3 per cent by 2016-17.
Rise in NRI deposits pushed up India's per capita external debt by 17.55 per cent to Rs 21,493 in one year period ending March 2014, government said in the Rajya Sabha.
Excise duties on mobile phones to be 1% without CENVAT credit or 6% with CENVAT credit. This provision will have marginal impact on telcos.
The IS curve is a measure of the sensitivity between GDP and prevailing interest rates.
Silver, however, held steady at Rs 44,900 per kg in restricted buying activity from industrial units and coin makers.
The DTH industry has to pay entertainment tax to state governments and service tax to the central government.
Taxpayers filing their I-T returns this year will now have to share their email-id and mobile phone number with the tax department.
Traders said increased selling by stockists, tracking a weak trend overseas as investors awaited US employment data that may show the economy is strengthening, mainly dampened the sentiment.
Silver fell by Rs 500 to Rs 44,800 per kg on poor offtake by industrial units and coin makers.
Gold in London, which normally sets price trend on the domestic front, fell by 0.1 per cent to $1,314.99 an ounce and silver by 0.3 per cent to $20.91 an ounce.
Finance Minister Arun Jaitley in the Budget speech has announced a host of measures, including hiking tax exemption limit, incentives for the housing sector and relief in indirect taxes on auto and other sectors to promote industrial output and boost growth.
A panel has recommended that the RBI should bring down CPI inflation to 4 per cent.
India's current account deficit (CAD) will be contained at USD 45 billion this financial year, well below the record high level of 2012-13, Finance Minister P Chidambaram said on Monday.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances