LPG price hiked by Rs. 16.50 per cylinder<br/>

Price of non-subsidised cooking gas (LPG) was today hiked by 16 rupees 50 paise per cylinder. Indian Oil Corporation said each non-subsidised 14.2 kilogram cooking gas cylinder will now cost 922 rupees 50 paise in Delhi. It will cost 966 rupees in Kolkata, 949 rupees 50 paise in Mumbai and 924 rupee...

Oil prices up in Asia

Oil prices rose in Asia today as dealers made the most of a weakening dollar while keeping an eye on continuing fighting in Iraq. US benchmark West Texas Intermediate for August delivery rose 23 cents to 105.60 dollar while Brent crude gained eight cents to 112.44 dollar in late-morning trade.

World Bank report: Poor quality of education hampering economic development of South Asia<br/><br/>

A World Bank report has said that the poor quality of education is hampering economic development of South Asian Nations including India.The report also said that surveys conducted in India and Pakistan, reflected the poor performance of the teachers in Mathematics and language tests based on the cu...

CBI arrests Joint Commissioner of IT & IT officer for demanding bribe<br/><br/>

CBI has a arrested a Joint Commissioner of Income Tax and an Income Tax officer for allegedly demanding 25 lakh rupees as bribe from a business man in West Bengal for settling tax issues.CBI sources said Joint Commissioner Deepak J Mehta and Income Tax officer P N Srivastava, along with a chartered ...

Petrol dearer by Rs. 1.69 per litre, diesel by 50 paise

The Petrol became dearer by one rupee 69 paise and diesel by 50 paise per litre excluding VAT. The new rates came into force from midnight last night.In a statement, Indian Oil Corporation said that the petrol price has been hiked due to significant increase in international oil prices during the pa...

Sensex surges 314 points to close at 25,414

Retail inflation for industrial workers remains at 7.02 % in May

Retail inflation for industrial workers remained almost flat at 7.02 per cent in May. The Retail inflation was 7.08 per cent in April. Marginal drop in inflation was mainly due to lower price of petrol.A Labour ministry statement said that the largest upward pressure to the change in the current ind...

Black money: SIT asks 11 departments to share data on ongoing cases

The Special Investigation Team, SIT, on black money has sought details of all major cases of tax evasion and criminal financial fraud being probed by various investigative agencies .Official sources said, the SIT headed by retired Supreme Court Justice M B Shah has asked the 11 departments on its pa...

India Inc's biz confidence up post new govt formation: CII

The industry is upbeat on India&apos;s growth prospects after the new government led by Prime Minister Narendra Modi took charge at the Centre. According to the Business Outlook Survey by Confedaration of of Indian Industry, CII the growth is expected to pick up from 4.7 per cent in 2013-14 to b...

India Inc's biz confidence up post new govt formation: CII

The industry is upbeat on India&apos;s growth prospects after the new government led by Prime Minister Narendra Modi took charge at the Centre. According to the Business Outlook Survey by Confedaration of of Indian Industry, CII the growth is expected to pickup from 4.7 per cent in 2013-14 to be...