Business

October 31, 2015 8:39 PM

Petrol price slashed by 50 paise per litre

Petrol price has been cut by 50 paise per litre. The new rate will come into effect from midnight tonight. However, there is no change in diesel rate.Now, petrol will cost Rs. 60.70 paise a litre in Delhi, Rs. 66.11 in Kolkata, Rs. 67.77 in Mumbai and Rs. 61. 02 paise in Chennai.This is first change...

October 31, 2015 8:39 PM

Real estate sector has huge potential for growth, says FM Arun Jaitley

Finance Minister Arun Jaitley today said that the real estate sector has huge potential for growth and hoped that the period of slow down would end soon.The minister emphasised on the need of more townships, sub-urban townships and smart cities to lead the economic development of India.Addressing th...

October 31, 2015 8:22 AM

Centre announces draft aviation policy

The centre today announced draft aviation policy aimed at popularizing air travel among the people. The draft proposes to improve air connectivity among the smaller cities. Airlines will not be allowed to charge more than 2500 rupees for one hour flight between two small cities. As per the new draft...

October 31, 2015 7:26 AM

Govt. decides to revise e-Tourist Visa application fee for different countries

The Government has decided to revise the e-Tourist Visa application fee for different countries from 3rd of next month. The fees are in four slabs of 0, 25, 48, and 60 dollars. The Ministry of Home Affairs in a statement said, the revision of visa fee has been done on the principle of reciprocity. I...

October 30, 2015 9:43 PM

GDP growth to surpass 8% mark this fiscal: Panagariya

Expecting an upward revision in the first quarter GDP growth rate, NITI Aayog Vice-Chairman, Arvind Panagariya has said the economy will surpass 8 per cent growth in the current financial year. Panagariya said investments were up during the first half of this fiscal, reflecting buoyancy in the econo...

October 30, 2015 9:26 PM

Centre announces draft civil aviation policy aimed at popularising air travel

The centre on Friday announced draft aviation policy aimed at popularizing air travel among people. The draft proposes to improve air connectivity among smaller cities. Airlines will not be allowed to charge more than 2500 rupees for one hour flight between two small cities. As per the new draft, ab...

October 30, 2015 9:06 PM

IPL 2015 contributes Rs. 11.5 billion to India's GDP: KPMG

IPL 2015 made contribution of a whopping Rs. 11.5 billion to India's GDP.A survey conducted by top financial auditing firm KPMG on behalf of the BCCI said, the total economic output associated with IPL matches in India for 2015 is estimated at Rs. 26.5 billion.According to the survey, the 2...

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