Business

December 2, 2014 7:19 AM

RBI may keep key rates unchanged in its monetary review today

Reserve Bank of India may keep policy rates unchanged in its upcoming monetary policy review today even as the Finance Minister and industry clamoured for the rate cut to prop the economy. The demand for rate cut is also reinforced by the fact that inflation has hit multi-year low and crude oil pric...

December 1, 2014 9:16 PM

President confers Niryat Shree, Niryat Bandhu Awards

President Pranab Mukherjee today conferred the Niryat Shree and Niryat Bandhu Awards for the year 2010-11 in various categories at a function in New Delhi. 44 companies were given away Niryat Shree Awards and six others were honoured with Niryat Bandhu for their outstanding performance in the field ...

December 1, 2014 8:59 PM

Petrol price cut by 91 paise/litre, diesel by 84 paise

Petrol price has been cut by 91 paise per litre and diesel by 84 paise including VAT. The new rates came into force from midnight last night.Now, petrol will cost Rs 63.33 paise per litre in Delhi, Rs 70.73 paise in Kolkata, Rs 70.95 in Mumbai and Rs 66.05 paise in Chennai.For Diesel, people will ha...

December 1, 2014 8:22 PM

Core sector growth jumps to 4-month high of 6.3% in Oct

Growth in the country's eight core industries rose to a four-month high of 6.3 per cent in October this year, on the back of better output in coal, refinery products, and electricity. The eight core industries had shrunk by 0.1 per cent in October last year, and grown by 1.9 per cent in Sep...

December 1, 2014 5:40 PM

LPG rate cut by Rs 113, jet fuel prices by 4.1 %

The price of non-subsidised cooking gas (LPG) was today cut by a steep 113 rupees per cylinder and that of jet fuel (ATF) by 4.1 per cent as international oil rates slumped to multi-year lows. Oil companies announced that a 14.2-kg cylinder of non-subsidised LPG will now cost 752 rupees, down from 8...

December 1, 2014 4:53 PM

India will soon achieve 8-9% annual growth: President

President Pranab Mukherjee expressed confidence that India will soon achieve 8 to 9 percent annual growth and become a three trillion dollars economy.He asked social scientists to identify how growth can be achieved without destruction of environment. Mr. Mukherjee said climate change and erratic be...

December 1, 2014 2:44 PM

Needs to regulate M&As for free flow of trade, services: Arun Jaitley

Finance Minister Arun Jaitley has said, the economy like India immediately needs to regulate the merger and acquisition process for the free flow of trade and services in the country. Speaking during the ICN Merger Workshop 2014, which was organised by Competition Commission of India in New Delhi, M...

December 1, 2014 2:25 PM

Govt likely to introduce GST Bill in current session: Arun Jaitley

Finance Minister Arun Jaitley today said that the government will try to introduce the Goods Services Tax , GST Bill in the current winter session of the Parliament. Talking to the reporter in New Delhi, Mr Jailtley said that the final call will be taken on it after proper consultation with the Empo...

December 1, 2014 12:14 PM

Govt will try to introduce GST Bill in current session: Arun Jaitley

Finance Minister Arun Jaitley today said that the government will try to introduce the Goods Services Tax , GST Bill in the current winter session of the Parliament. Talking to the reporter in New Delhi, Mr Jailtley said that the final call will be taken on it after proper consultation with the Empo...

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