Gujarat Chief Minister Anandiben Patel today called upon India Inc to participate in the bi-annual investment summit Vibrant Gujarat 2015. Addressing the curtain raiser programme of the summit in New Delhi today she said, Gujarat has emerged as a global business hub and it is playing a big role in I...

Pension Industry, key area to promote economic reform in country: Arun Jaitley

Finance Minister Arun Jaitley has said that Pension Industry is a key area to promote the economic reform in the country. Addressing a First Pension Conclave 2014 in New Delhi yesterday, he said that the government will launch some more prudent pension funds for the betterment of Pensioners and is t...

Delhi BJP demands 80% of flats reserved for Delhiites in DDA's next scheme

Delhi BJP has demanded the Lieutenant Governor Najeeb Jung to ensure that 80 percent of the flats being allotted by the Delhi Development Authority in the next scheme, should be reserved for Delhiites. In his letter to LG, Delhi BJP chief Satish Upadhyay said, the people of Delhi should get the bene...

EPFO retains interest rate on provident fund at 8.75%

Employees Provident Fund Organization (EPFO) has decided to retain interest rate on provident fund at 8.75 percent for the current fiscal. A decision in this regard was taken at the meeting of the Central Board of Trustees, the apex decision making body of the EPFO in New Delhi today. It will benefi...

SBI, PNB cut interest rates on home loans

Pension Industry, key area to promote economic reform in country: Arun Jaitley

Finance Minister Arun Jaitley today said that Pension Industry is a key area to promote the economic reform in the country. Addressing a First Pension Conclave 2014 in New Delhi he said that the government will launch some more prudent pension funds for the betterment of Pensioners and is the need o...

Oil rises in Asia, US economic data awaited

Oil prices rose in Asia today as dealers await the release of US economic data for clues on whether the Federal Reserve will speed up its timetable for raising interest rates.US benchmark West Texas Intermediate for October delivery rose 20 cents to 93.55 dollar while Brent crude for October gained ...

Oil rises in Asia as US releases economic data <br/>

Oil prices rose in Asia today as dealers await the release of US economic data for clues on whether the Federal Reserve will speed up its timetable for raising interest rates.US benchmark West Texas Intermediate for October delivery rose 20 cents to 93.55 dollar while Brent crude for October gained ...

CCI imposes penalty of Rs. 2,545 crore on 14 car makers for unfair practices

The Competition Commission of India has imposed a combined penalty of more than 2,500 crore rupees on 14 car companies for unfair business practices in the spare parts market. The highest of around 1,346 crores have been imposed on Tata Motors. Other major companies include Maruti Suzuki, Mahindra a...

CBI registers case against Jigesh Shah, SEBI officials

CBI today registered a case against Jigesh Shah and SEBI officials and its former executive director J N Gupta for allegedly violating law to grant extension to MCX-SX and FTIL as private stock exchange. CBI, which filed an FIR in the case, against Shah, Gupta and others with cheating, criminal cons...