News for 'budget-2014'

Sardesai, Ghose quit Network18 Group

Sardesai, Ghose quit Network18 Group

Rediff.com5 Jul 2014

Recounts challenges faced in setting up various channels, hopes new management will always put journalism first.

Onion may bring more tears ahead

Onion may bring more tears ahead

Rediff.com4 Jul 2014

India eats 1.2 million tonnes of onions a month and the current stock will last till the end of August.

JP Morgan Chase CEO Jamie Dimon has throat cancer

JP Morgan Chase CEO Jamie Dimon has throat cancer

Rediff.com2 Jul 2014

In a brief letter to his colleagues and shareholders, Dimon disclosed that the cancer was detected quickly and is confined to the original site and adjacent lymph nodes on the right side of his neck with no evidence of cancer elsewhere in his body.

Apex court refuses to entertain PIL in Vodafone case

Apex court refuses to entertain PIL in Vodafone case

Rediff.com1 Jul 2014

A bench headed by Justice H L Dattu, however, allowed the petitioner, former Additional Solicitor General Bishwajit Bhattacharyya, to file fresh petition with all the relevant documents stating what action Centre has so far been taken on the issue.

Technology, innovation to drive growth for HUL

Technology, innovation to drive growth for HUL

Rediff.com1 Jul 2014

Manwani said HUL was using technology across the value chain from manufacturing to distribution, marketing and advertising in its endeavour to be future-ready.

Sebi, other watchdogs plan 'Common Reporting Standard' for FIs

Sebi, other watchdogs plan 'Common Reporting Standard' for FIs

Rediff.com30 Jun 2014

According to a senior official, Sebi has written to various stakeholders under its jurisdiction with regard to the requirement of FIs to report under CRS.

Meet the 5 richest MPs

Meet the 5 richest MPs

Rediff.com9 Jul 2019

A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.

Budget should encourage financial savings: CII

Budget should encourage financial savings: CII

Rediff.com9 Jul 2014

Encouraging domestic financial savings through focused measures would help mobilise long term resources for funding infrastructure and economic development.

'We are in India for the long haul'

'We are in India for the long haul'

Rediff.com3 Jul 2014

Taxation is a growing concern across the world, across our jurisdictions.

Policy reforms have cheered the power sector

Policy reforms have cheered the power sector

Rediff.com11 Jul 2014

An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.

Indian Chamber of Commerce seeks lowering corporate tax to 25%

Indian Chamber of Commerce seeks lowering corporate tax to 25%

Rediff.com7 Jul 2014

It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.

Railways targets record Rs 1.6 lakh cr revenue in 2014-15

Railways targets record Rs 1.6 lakh cr revenue in 2014-15

Rediff.com12 Feb 2014

Anticipating healthier economic growth, the Railways has targeted a record Rs 1.6 lakh crore in revenue for the next financial year, while no increase has been proposed in passenger fares and freight rates.

'Rupee appreciation, wage hike may impact margins of IT players'

'Rupee appreciation, wage hike may impact margins of IT players'

Rediff.com8 Jul 2014

TCS is expected to report a 5 per cent QoQ (USD) growth in revenues, highest in our coverage, while Wipro's IT Services revenue growth could be closer to 1.1 per cent QoQ (USD terms)."

Subrata Roy urges SC to release him on parole to sell properties

Subrata Roy urges SC to release him on parole to sell properties

Rediff.com3 Jul 2014

Sahara Chief Subrata Roy, who has been in jail for the last four months, on Thursday pleaded before the Supreme Court to allow him parole for at least 40 days to sell his properties to raise Rs 10,000 crore to get bail and expressed his willingness to dispose of luxury hotels in New York and London.

Govt must discipline the spending habits of Union ministries

Govt must discipline the spending habits of Union ministries

Rediff.com17 Jul 2014

There are some 20-odd schemes with this default provision, or something close to it.

Jaitley may peg FY15 fiscal deficit at 4.3%

Jaitley may peg FY15 fiscal deficit at 4.3%

Rediff.com7 Jul 2014

Foreign brokerage Goldman Sachs on Monday said it expects new Finance Minister Arun Jaitley to peg the fiscal deficit target for FY15 at 4.3 per cent, up from the 4.1 per cent stated by his predecessor P Chidambaram.

India Inc revenue likely to grow 9-11% in June-quarter: Crisil

India Inc revenue likely to grow 9-11% in June-quarter: Crisil

Rediff.com3 Jul 2014

The Crisil study covered 600 companies excluding financial services and oil companies, representing 71 per cent of the overall market capitalisation of India Inc.

Private charters may be allowed to convert to scheduled airlines

Private charters may be allowed to convert to scheduled airlines

Rediff.com30 Jun 2014

While scheduled airlines operate flights as per schedules drawn up for several months or even years and are committed to flying during these periods on these routes, an NSOP or a charter operates irregularly and may be planned a short time before a flight.

RIL, BP to invest Rs 800 cr in Tamil Nadu

RIL, BP to invest Rs 800 cr in Tamil Nadu

Rediff.com30 Jun 2014

Reliance Industries Ltd, along with its partner British Petroleum, plans to invest about Rs 800 crore (Rs 8 billion) to carry out exploratory drilling in an offshore block in the Bay of Bengal, off the Tamil Nadu coast.

Economic Survey unlikely in February

Economic Survey unlikely in February

Rediff.com5 Dec 2013

Survey likely to be tabled in July by the new government.

Invest in arbitrage funds to beat tax woes: Experts

Invest in arbitrage funds to beat tax woes: Experts

Rediff.com12 Aug 2014

Such schemes try to exploit an anomaly in taxation, but aren't in violation of laws, experts say.

Volkswagen to invest Rs 1,500 cr in India

Volkswagen to invest Rs 1,500 cr in India

Rediff.com15 Jul 2014

German carmaker Volkswagen plans to invest Rs 1,500 crore in India over the next 6 years on various activities, including local production of engines, as it aims to consolidate position in the country.

Economic Survey's agricultural road map better than Budget's

Economic Survey's agricultural road map better than Budget's

Rediff.com15 Jul 2014

A barrier-free market -- coupled with removal of controls, licensing system, intermediaries and state-imposed levies on farm commodities -- will benefit both sellers and buyers.

Budget brings tax worries for foreign portfolio investments

Budget brings tax worries for foreign portfolio investments

Rediff.com15 Jul 2014

Portfolio investors based out of the US and other countries with which India does not have favourable tax treaties will have to pay a 15 per cent tax on their derivative transactions, after the Budget decided to classify income from all foreign portfolio investment as capital gains.

Markets consolidate; Sensex defends 25k

Markets consolidate; Sensex defends 25k

Rediff.com14 Jul 2014

Infosys, Wipro and HUL among the top losers for the day.

Positive consumer sentiment could drive auto industry

Positive consumer sentiment could drive auto industry

Rediff.com11 Jul 2014

Higher disposable incomes, rural push and infra push to boost auto sector

Trade deficit improves, falls sharply by 27.8%

Trade deficit improves, falls sharply by 27.8%

Rediff.com9 Jul 2014

In the Financial year 2013-14 there were encouraging signs on the foreign trade front as India's trade deficit recorded a sharp fall.

Markets record highest percentage fall in a day since Jan '14

Markets record highest percentage fall in a day since Jan '14

Rediff.com8 Jul 2014

Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.

India Inc hails Railway Budget as pro-growth

India Inc hails Railway Budget as pro-growth

Rediff.com8 Jul 2014

Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.

Power plants running out of coal, imports to surge

Power plants running out of coal, imports to surge

Rediff.com8 Jul 2014

State behemoth Coal India, the world's largest coal miner, has failed to raise its output fast enough to meet demand, and millions of Indians still go without power.

Run-up to Budget: Emerging market peers pip India in past month

Run-up to Budget: Emerging market peers pip India in past month

Rediff.com8 Jul 2014

Though India has been one of the best-performing markets in the last two months, it has lagged some of its emerging market peers such as the Philippines, Thailand and South Africa.

Brazil BRICS summit to be Modi's first multilateral meeting

Brazil BRICS summit to be Modi's first multilateral meeting

Rediff.com7 Jul 2014

The agenda is to give a concrete shape to a Development Bank and pitch for reforms of the UN Security Council.

Inflation firefight: Price stabilisation fund in offing

Inflation firefight: Price stabilisation fund in offing

Rediff.com6 Jul 2014

Central pool of onions to be set up; offences under Essential Commodities Act to be made non-bailable.

Sebi suggests Skype breaks for Subrata Roy

Sebi suggests Skype breaks for Subrata Roy

Rediff.com5 Jul 2014

Sebi suggested Roy be allowed to step out of Tihar jail for a few hours every day to negotiate the sale of his foreign properties over video conference.

OilMin to move Cabinet panel on raising LPG, kerosene prices

OilMin to move Cabinet panel on raising LPG, kerosene prices

Rediff.com4 Jul 2014

The ministry is preparing a draft note for consideration of the CCPA on pricing of diesel, kerosene and LPG, official sources said.

Govt plans Rs 2 lakh-cr solar and wind power projects in deserts

Govt plans Rs 2 lakh-cr solar and wind power projects in deserts

Rediff.com4 Jul 2014

The idea is to set up renewable energy generation capacity, including both solar and wind, along with the associated evacuation infrastructure, at a mega scale in the four Indian deserts -- Thar in Rajasthan, Rann of Kutch in Gujarat, Lahul & Spiti in Himachal Pradesh and Ladakh in Jammu & Kashmir.

Minister wants to strike a balance between workers and industry

Minister wants to strike a balance between workers and industry

Rediff.com3 Jul 2014

It's a middle path for labour reforms.

FIIs shop but won't drop

FIIs shop but won't drop

Rediff.com3 Jul 2014

Inflows cross $10-billion mark for 3rd consecutive year.

Obama lashes out at opponents for not passing immigration bill

Obama lashes out at opponents for not passing immigration bill

Rediff.com1 Jul 2014

Obama announced to take a series of executive actions, including a shift of immigration enforcement resources.

RIL to defer investments in developing newer fields

RIL to defer investments in developing newer fields

Rediff.com30 Jun 2014

RIL's Dhirubhai-34, or R-Cluster field, in the flagging KG-D6 block was to produce about 13 million standard cubic metres per day of gas, equivalent to present day output from D1&D3 as well as MA fields, by 2017-18.