Business

July 3, 2014 9:10 PM

Indian Industry expects growth oriented budget

The NDA government will present its first Budget on July 10th and high expectations surround the occasion. Captains of the Indian industry expects the government to present a Budget which is growth-oriented, supportive, anti-inflationary and committee to fiscal consolidation. The industrial sector w...

July 3, 2014 8:51 PM

Govt to sort out compensation issues for early roll out of GST

Centre will work together with state Governments for positive resolution of issues related to Goods and Services Tax (GST). Talking to reporters after a meeting of State Finance Ministers, Minister of State for Finance, Nirmala Sitharaman said that the Centre heard the concerns of all states. She sa...

July 3, 2014 8:35 PM

Indian Industry expects growth-oriented budget, says FICCI

The NDA government will present its first Budget on July 10th and high expectations surround the occasion. Captains of the Indian industry expects the government to present a Budget which is growth-oriented, supportive, anti-inflationary and committee to fiscal consolidation. The industrial sector w...

July 3, 2014 8:23 PM

Home Minister reviews price rise situation in New Delhi

Home Minister Rajnath Singh today asked Delhi government to fix stock limits of onions and potatoes for wholesalers and retailers to check and prevent hoarding of these items. Mr Singh held a high-level meeting with Delhi Lieutenant Governor Najeeb Jung, Chief Secretary S K Srivastava, Police Commis...

July 3, 2014 8:15 PM

Centre to work together with states on issues related to GST

Centre will work together with state Governments for positive resolution of issues related to Goods and Services Tax (GST). Talking to reporters after a meeting of State Finance Ministers, Minister of State for Finance, Nirmala Sitharaman said that the Centre heard the concerns of all states. She sa...

July 3, 2014 2:33 PM

Tech glitch causes BSE trade halt

Trading at the Bombay Stock Exchange has been halted since 9.35 am due to a technical fault in the connectivity system.Trading was halted across all markets of BSE, including shares, currencies and indexes. The benchmark Sensex resumed with strength at 9.15 am in opening trade. However, trading was ...

July 3, 2014 11:28 AM

LPG, kerosene price hike on hold in some states

The government has put on hold a hike in prices of LPG and kerosene in states where an increase in local levies had led to a rise in fuel rates. It has been put on hold pending consultations with the state governments on state-specific levies. However, the reduction in prices will be passed on to co...

July 3, 2014 10:09 AM

Libya govt reclaims oil fields from rebels

Libya's acting Prime Minister says the government has regained control of two rebel-held oil terminals ending a crisis that crippled the country's petroleum industry. Abdullah al-Thani said the authorities have reached a deal with rebel fighters, who seized the eastern ports of Ras...

July 3, 2014 10:09 AM

Govt puts stock limits on onions, potatoes

The government has decided to bring onion and potato in the purview of stock holding limits under the Essential Commodities Act. This will empower the States to undertake de-hoarding operations and control prices of onions and potatoes. The stock limit will be fixed by the state governments. A decis...

July 3, 2014 10:09 AM

LPG,kerosene price hike on hold in some states

The government has put on hold a hike in prices of LPG and kerosene in states where an increase in local levies had led to a rise in fuel rates. It has been put on hold pending consultations with the state governments on state-specific levies. However, the reduction in prices will be passed on to co...

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