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June 12, 2010 1:32 PM
The Centre has raised the income tax exemption limit on gratuity from Rs 3.5 lakh to Rs 10 lakh with effect from May 24.According to a release issued by Finance Ministry in New Delhi on Friday, employees who become incapacitated, terminated, or who die on or after May 24, 2010, will get I-T exemptio...
June 12, 2010 9:27 AM
After last fiscal's double-digit expansion, industrial production picked up more steam to grow by 17.6 per cent in April, boosting the prospects of achieving 8.5 per cent economic growth in 2010-11. The increase in output was due to a robust showing by the manufacturing sector and a low-bas...
June 11, 2010 8:59 PM
The government has raised the income tax exemption limit on gratuity from 3.5 lakh rupees to 10 lakh rupees with effect from May 24. According to a release issued by Finance Ministry in New Delhi today, employees who retire, become incapacitated, terminated, or die on or after May 24, 2010, will get...
June 11, 2010 8:51 PM
After last fiscal's double-digit expansion, industrial production picked up more steam to grow by 17.6 per cent in April, boosting the prospects of achieving 8.5 per cent economic growth in 2010-11.The increase in output was due to a robust showing by the manufacturing sector and a low-base...
June 11, 2010 8:26 PM
The Petroleum and Natural Gas Secretary Mr S Sundaresan says the empowered Group of Ministers will meet in New Delhi next week to decide on the issue of petroleum price hike.Addressing a media persons in Kochi today, Mr Sundaresan said the oil companies suffered loss to the tune of 46,000 crore rupe...
June 11, 2010 6:30 PM
After last fiscal's double-digit expansion, industrial production picked up more steam to grow by 17.6 per cent in April, boosting the prospects of achieving 8.5 per cent economic growth in 2010-11.The increase in output was due to a robust showing by the manufacturing sector and a low-base...
June 11, 2010 6:09 PM
The government has raised over 38,300 crore rupees as the 16-day long auction for Broadband Wireless Access, BWA, spectrum came to an end. The details of the BWA auction winners are still awaited from the Department of Telecom. The total revenue of the government from sale of spectrum for both 3G an...
June 11, 2010 5:26 PM
Buoyed by over 17 per cent of industrial growth in April,the highest for 2010 so far, Planning Commission today said the government's policies are working and that it should continue with gradual withdrawal of stimulus.Planning Commission Deputy Chairman Montek Singh Ahluwalia said said wha...
June 11, 2010 5:26 PM
Gaining for the third straight session, the Sensex at the Bombay Stock Exchange advanced 143 points, or 0.8 percent, to close above the 17,000 level, at 17,065, Friday. The Nifty at the National Stock Exchange jumped 41 points, or 0.8 percent, to 5,119.
June 11, 2010 3:09 PM
Industrial output rose 17.6 per cent in April, growing in double digits for the seventh straight month, on good showing by manufacturing, particularly capital and consumer goods. In comparison, industry grew by 1.1 per cent in April last year. Manufacturing, which constitutes around 80 per cent of t...
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