Business

September 14, 2013 8:57 PM

President confident of Indian economy of bouncing back soon<br/>

President Pranab Mukherjee has expressed confidence of Indian economy will bounce back soon.Addressing the annual meeting of the Bengal Chamber of Commerce and Industry in Kolkata today he said there is no reason for gloom to prevail as stepsare being taken to boost investments and contain fiscaldef...

September 14, 2013 9:34 AM

Sensex falls 49 points amid weak global markets

Falling for the second straight session, the Sensex at the Bombay Stock Exchange declined 49 points, or 0.3 percent, to close at 19,733, amid weak global markets on Friday.The Nifty at the National Stock Exchange ended flat, at 5,851.Stock markets in China, Hong Kong, and South Korea lost between 0....

September 13, 2013 9:34 PM

Delhi-Mumbai Industrial Corridor project launched in Madhya Pradesh

Union Minister for Industry and Commerce Anand Sharma has launched the Delhi-Mumbai Industrial Corridor project in Madhya Pradesh.At a function held in capital Bhopal, he also unveiled the foundation stone of National Institute of Design (NID).Addressing the gathering on this occasion, Sharma said t...

September 13, 2013 9:21 PM

IT dept. writes to 35,000 more people to file returns<br/>

The Income Tax Department has written to another 35,000 people this week, asking them to file returns and pay dues. Income Tax Department has sent letters to them. With this, the department has issued letters in 2.45 lakh cases. It has identified 12 lakh people who do not file returns and is taking ...

September 13, 2013 8:41 PM

PMEAC favours ease into FDI norms, tax concern to promote growth<br/>

Prime Minister&apos;s Economic Advisory Council (PMEAC) has strongly advocated for liberalising FDI norms and resolve tax concerns of the industry to promote growth. The Chairman of the Council, Dr. C. Rangarajan said in New Delhi on Friday that fast track public sector investment and measures t...

September 13, 2013 8:19 PM

Petrol price hiked by Rs 1.63 per litre<br/>

Petrol will be dearer by Rs. 1.63 per litre excluding VAT from midnight on Friday. This is the seventh increase since June.An Indian Oil Corporation statement issued in New Delhi said average International prices of petrol has gone up to 117.40 dollar per barrel from 114.44 dollar per barrel and dep...

September 13, 2013 7:47 PM

Petrol price hiked by Rs 1.63 per litre<br/>

Petrol prices will be dearer by Rs. 1.63 paise per litre excluding VAT from midnight.An Indian Oil Corporation statement issued in New Delhi said average International prices of petrol going up to 117.4 dollar per barrel from 114.44 dollar per barrel and depreciation of the rupee against the dollar ...

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