Business

June 10, 2014 1:57 PM

FinMin wants consensus on rolling out of GST soon

The Finance Minister Arun Jaitley has said that the Centre and States need to work together to roll out Goods and Services Tax, GST. He said, the mandate of 2014 clearly spells out that economic growth cannot be compromised at any cost and there is a need to round off corners towards GST implementat...

June 8, 2014 1:51 PM

FIIs pump Rs 20k crore in debt market in May, best show in 29 months

Overseas investors have poured in a staggering 19,772 crore rupees into the Indian debt market in May. It is the highest monthly inflow in about two and a half years. The net inflow last month came after Foreign Institutional Investors, FIIs had pulled out net amount of about 9,200 crore rupees in A...

June 7, 2014 8:46 PM

FM asks for improving business climate & reduce cost of doing business

The Finance Minister Mr. Arun Jaitley today underlined the need to reduce the cost of doing business and improve the country's business climate.The Finance Minister today attended the 11th meeting of the Financial Stability and Development Council (FSDC) with financial sector regulators, in...

June 6, 2014 8:41 PM

FICCI & ASSOCHAM demand exemption in existing tax regime

Industry bodies FICCI and ASSOCHAM have demanded exemption in the existing tax regime to revive the investor sentiment and putting the economy back on track. Finance Minister Arun Jaitely who met Industry people in a series of pre-budget meetings assured them to take all the necessary steps to solve...

June 6, 2014 5:41 PM

Gold, silver rise on global cues

Gold rose 70 rupees, to 27,250 rupees per ten grams at Delhi's bullion market, today, on increased buying by stockists, amid positive cues from the global markets. Silver rose 500 rupees, to 41,000 rupees per kilo, on increased offtake by industrial unitsand coin makers. Silver coins contin...

June 6, 2014 5:15 PM

SEBI widens probe into suspected investment scams via SMS, WhatsApp

Capital market regulator SEBI has widened its probe into suspected investment scams through mobile SMS, WhatsApp messages and also through some websites. SEBI wherein investors are lured into promise of huge returns after initial payments. In these messages, the investors were being promised 200 per...

June 6, 2014 2:27 PM

WB Chief urges donors to step up aid to Jordan, Lebanon

World Bank President Jim Yong Kim has urged the donor countries to increase their support for Jordan and Lebanon to cope up with the increases in the number of Syrian refugees. At a press conference in Amman, he said the response has been disappointing so far. He called upon donor countries and all ...

June 6, 2014 10:10 AM

Make water conservation priority : Agri sector reps to Jaitley

Holding pre-budget consultations with representatives of the agriculture sector, in New Delhi, Finance Minister Mr. Arun Jaitley said that the concerns of the sector are high on the priority of the government. Mr. Jaitely said, despite the constraints of the economy, the government will try its best...

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