Consolidation govt policy; need global-sized institutions: Jaitley

Finance Minister Arun Jaitley today said the country needs global-sized institutions and proposal of SBI to merge its five associate banks with itself and acquire Bharatiya Mahila Bank is in line with the government's policy. Mr Jaitley said consolidation is part of the Indradhanush package...

TRAI to start pre-consultation on net neutrality within 2-3 days

Telecom Regulatory Authority of India will start pre-consultation on net neutrality within two to three days. TRAI Chairman R S Sharma told reporters today that the telecom regulator has already resolved differential tariff issue, which is a major part of net neutrality. However, the subject did not...

5 Member Committee to give recommendations on Fiscal Responsibility and Budget Management

5 Member Committee to give recommendations on Fiscal Responsibility and Budget Management

Centre forms panel to give recommendations on FRBM roadmap <br/>

Petronet Q4 net plunges 20% to Rs 239 cr

Petronet LNG, the country&apos;s biggest importer of natural gas, today reported a 20 per cent decline in its quarterly net profit, to 239 crore rupees, due to a fall in energy prices globally. Adjusted for exceptional gains, net profit in the fourth quarter of the previous fiscal was 102 crore ...

Petrol price hiked by 83 paise, diesel by Rs. 1.26 per litre

Petrol price was hiked by 83 paise a litre and diesel by One rupee 26 paise per litre.Petrol in Delhi will cost 63.02 rupees per litre while a litre of diesel will cost 51.67 rupees. The new rates came into effect from midnight lastnight. It is the second increase in rates this month.Rates were last...

Petrol price hiked by 83 paise, diesel by Rs. 1.26 per litre

Petrol price was hiked by 83 paise a litre and diesel by One rupee 26 paise per litre.Petrol in Delhi will cost 63.02 rupees per litre while a litre of diesel will cost 51.67 rupees. The new rates came into effect from midnight lastnight. It is the second increase in rates this month.Rates were last...

RBI authorises 29 agency banks to accept payments of I-T dues

RBI has authorised 29 agency banks to accept payments of Income Tax dues. In a press release issued from Mumbai on Monday, RBI has appealed tax payers to remit their income tax dues sufficiently in advance of the due date. In order to minimize the hassle, tax payers can also use the facility of onli...

Petrol price hiked by 83 paise per litre, diesel by Rs 1.26

Petrol price was hiked by 83 paise a litre and diesel by One rupee 26 paise per litre.Petrol in Delhi will cost 63.02 rupees per litre while a litre of diesel will cost 51.67 rupees. The new rates came into effect from midnight lastnight. It is the second increase in rates this month.Rates were last...