Finance Minister to present Union Budget on July 10

The Budget Session of Parliament will begin from tomorrow. Finance Minister Arun Jaitley will present the first budget of the Narendra Modi led NDA government on the 10th of this month. It will be preceeded by the Economic Survey, which will be released on 9th July. Railway Budget will be presented ...

Dharmendra Pradhan: Govt to continue with extant pricing policy of petroleum & LPG

Petroleum and Natural Gas Minister Dharmendra Pradhan today said that government will continue with the extant pricing policy of petroleum and LPG. Ruling out any immediate hike in prices of LPG and kerosene he said the new government will continue with the policy of subsidising cooking fuels, keros...

US company signs preliminary pact to invest over $1.1 bn in Iran

A US company has signed a preliminary agreement to invest over 1.1 billion dollars in Iran. The rare joint commercial project will help turn rubbish and human waste into electricity. The project will create 600 to 700 jobs. Iran is in the final phase of negotiating with world powers about a conclusi...

Budget 2014: High expectations from common man

There has been high expectation from common man from the first budget of the Modi Government to be presented to parliament on Thursday. People from all walks of life from investors to salaried classes, farmers and common man are awaiting keenly for the Budget. Though, it is impossible to present a p...

NDA Govt. unlikely to accept the Rangarajan formula for pricing domestically produced natural gas<br/>

Oil prices fall in the international market

Oil prices fell yesterday in the international market on eased concerns over supply disruptions.Crude prices began sliding on Wednesday after Libya&apos;s interim Prime Minister Abdullah Al-Thani declared that authorities had wrested control of export terminals from rebels.Meanwhile, concerns ov...

Taxpayers filing their IT return this year to share their e-mail IDs and mobile phone numbers

Taxpayers filing their income tax returns this year will have to share their e-mail IDs and mobile phone numbers with the tax department.The department, which is facing issues of pending refunds, has designed the new I-T forms so that in case of emergency a tax officer could directly get in touch wi...

Not proposing any increase in LPG, PDS Kerosene prices: Ministry of Petroleum

Ministry of Petroleum &amp; Natural Gas today clarified that the Ministry is not proposing any increase in LPG and PDS Kerosene prices. Earlier media reports had appear speculating about increase in prices of both subsidised LPG and PDS Kerosene.

Centre to chalk out 6-month action plan to control prices

Government has decided to make hoarding of essential commodities a non-bailable offence to check the rising prices of essential commodities. It will make necessary amendments in the Essential Commodities Act in this regard. Talking to reporters after the state Food Ministers&apos; conference in ...

SC reserves order on interim bail plea of Subrata Roy

The Supreme Court today reserved its order on interim bail plea of Sahara Chief Subrata Roy. Sahara Chief pleaded to allow him to come out of jail to sell off his properties to deposit 10,000 crore rupees with SEBI. Roy&apos;s advocate submitted the plea before a bench headed by Justice T S Thak...