FM calls for simpler tax regime to minimize possibility of excessive litigation

Finance Minister Arun Jaitley on Monday called for simpler tax regime to minimize the possibility of excessive litigation.Speaking at the platinum jubilee celebration of income tax appellate tribunal, ITAT in New Delhi Monday, Mr Jaitley said, once a simpler tax system comes into place, there will b...

The global credit rating agency Moody's has said, small slippage in fiscal deficit target will not affect India's credit profile. Moody's Investors Service Associate Managing Director Atsi Sheth told PTI, they expect the government to continue fiscal consolidation and targ...

5-day annual summit of WEF concludes in Davos

The 5-day annual summit of World Economic Forum (WEF) came to a close in Davos yesterday. World leaders expressed concerns about economic headwinds from China, geo-political risks arising from the refugee crisis in Europe and terror attacks in various parts of the world.With regard to India, the lea...

India will be the world's fastest growing large economy at 7.3 per cent in 2016:UN World Economy Report

A United Nations World Economy Report has said India will be the world's fastest growing large economy at 7.3 per cent in 2016 and improving further to 7.5 per cent in the following year. The report said, the macro-economic environment in India has improved, with the help of sharp decline i...

I&B Ministry frames a new business policy for publications to streamline business practices

Information and Broadcasting Ministry has framed a new business policy for publications to streamline business practices in line with the contemporary trends prevailing in publications industry. One of the key highlights of the policy is to promote online readership by pricing the digital version of...

Africa is a natural partner of India in energy sector: Sushma Swaraj

External Affairs Minister Sushma Swaraj has said that Africa is a natural partner of India in energy sector. Speaking at the valedictory session of two-day 4th India-Africa Hydrocarbons Conference in New Delhi, Mrs Swaraj said, India and African Nations should forge a commitment to energy security.R...

Railway Minister launches free public Wi-Fi service at Mumbai Central Station

RBI to introduce new banknotes of 500 rupees and 100 rupees denominations with enhanced security features

Continuing its efforts to deter counterfeiting activities, the Reserve Bank of India, RBI, will soon introduce new banknotes of 500 rupees and 100 rupees denominations with enhanced security features. In a press release, RBI said the 500 rupees denomination bank notes will be issued in Mahatma Gandh...

India to be fastest growing economy at 7.3% in 2016: UN report

A United Nations world economy report today said India will be the world's fastest growing large economy at 7.3 per cent in 2016 and improving further to 7.5 per cent in the following year. The report said, the macroeconomic environment in India has improved, with the help of sharp decline ...

Spectrum auction likely to be in May-June: Telecom Secretary

The next round of spectrum auction is likely to be conducted around May-June period this year. Speaking at a function in New Delhi, Telecom Secretary Rakesh Garg today said, government will put all available spectrum for auction in which ecosystem is available. Telecom Regulatory Authority of India ...