Business

September 11, 2010 8:44 AM

Country likely to have record production of pulses

The country will have record production of Arhar pulses this Kharif season. In an exclusive interview to AIR, Agriculture Secretary, P.K.Basu said that additional two million hectares of land have been brought under pulses cultivation this year. This, he said is the result of remunerative prices giv...

September 10, 2010 9:27 PM

India to raise visa fee hike issue with US: Anand Sharma

The Union Minister for Industry and Commerce Anand Sharma said in Bangalore that VISA fee hike for skilled workers and ban on outsourcing in the US will be taken up during his visit to USA later this month. Speaking in a press conference after an interaction with the Coffee growers, Mr Sharma noted ...

September 10, 2010 8:53 PM

Industrial growth accelerated to 13.8%

Country's industrial growth accelerated to 13.8 per cent in July from 7.2 per cent in the corresponding month last year. The rise is attributed to a 63 per cent jump in capital goods production.Among the main industry segments, manufacturing activity expanded by 15 per cent from 7.4 per cen...

September 10, 2010 2:28 PM

CBDT extends ITR-V filing date to Dec. 31

The central Board of Taxes has extended the time limit for filing Income tax Return Forms ITR -V filed electronically for the assessment year 2009-2010 upto 31st of December this year or 120 days from the date of filing whichever is later. According to an official statement, many of these tax payers...

September 10, 2010 2:10 PM

Income Tax Deptt. seizes over 22 crores in raids on realtors

The income tax (IT) department has seized Rs. 22.3 crores from an associate of real estate company in a major crackdown against the tax evaders today. This is the largest unaccounted cash haul in Delhi. Senior officials of the department said in New Delhi that nation-wide searches were conducted on ...

September 10, 2010 1:28 PM

US ban on outsourcing to have little impact: Timothy

The US ambassdor in New Delhi Timothy Roemer today evaded a direct reply on the impact of the ban on outsourcing of the government IT and back office projects by the state of Ohio. He told reporters in New Delhi that such attempts were made in the US in 2005 but had little impact on growing Indo-US ...

September 10, 2010 12:40 PM

Industrial growth accelerated to 13.8%

Country's industrial growth accelerated to 13.8 per cent in July from 7.2 per cent in the corresponding month last year. The rise is attributed to a 63 per cent jump in capital goods production.Among the main industry segments, manufacturing activity expanded by 15 per cent from 7.4 per cen...

September 9, 2010 6:03 PM

Sensex up by 133 pts

Extending its gains for the fourth straight session, the Sensex at the Bombay Stock Exchange climbed 133 points, or 0.7 percent, to a fresh 31-month closing high of 18,800, amid firm global markets, today. The Nifty at the National Stock Exchange rose 32 points, or 0.6 percent to 5,640.Stock markets...

September 9, 2010 1:54 PM

CCEA gives green signal for disinvestment in Manganese Ore Ltd.

The CCEA has given the green signal for disinvesting ten percent of the equity of the central government in the Manganese Ore India Limited , MOIL. The Centre which holds an equity of 81.57 percent will now be reduced 71.57 percent. The state government of Maharashtra and Madhya Pradesh have also de...

September 9, 2010 1:43 PM

Markets in green at 1400 hrs with 79pts up

Continuing its winning streak for the fourth straight day, the Sensex at the Bombay Stock Exchange jumped 100 points, or 0.5 per cent, to 18,767 in opening trade, today, amid renewed confidence in the European market's recovery following Portugal's successful debt bond auction. Aft...

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