Government is looking for an investment of 2 lakh Crore rupees in Iran in various infrastructure projects: Nitin Gadkari

The Minister for Road Transport and Highways Nitin Gadkari has said that the government is looking for an investment of 2 lakh Crore rupees at Chabahar Port in Iran in various infrastructure projects. Mr. Gadkari said Indian companies are ready to invest in Iran in various projects ranging from road...

Financial inclusion should not be pressed beyond a point: RBI Governor Raghuram Rajan<br/>

RBI Governor Raghuram Rajan has said that financial inclusion should not be pressed beyond a point because beneficiaries may not have the capacity to make use of funds being made available to them. Participating in a seminar on financial inclusion, on the sidelines of IMF-World Bank meetings at Lima...

Jaitley calls for CRS implementation to prevent int'l tax evasion

Union Finance Minister Arun Jaitley has made a strong pitch for countries to implement Common Reporting Standards on automatic exchange of information, in order to put in place a system to prevent international tax evasion and avoidance.Mr. Jaitley in his intervention during the 49th Annual Commonwe...

Japanese, S Korean investors increase interest for investment in India: MP CM<br/>

Bombay HC grants relief to Vodafone in Rs. 8,500 crore transfer pricing case

Govt clears 11 proposals of FDI amounting around Rs. 1567 crore

The Government has cleared eleven proposals of Foreign Direct Investment, FDI amounting to around 1567 crore rupees.According to the Finance Ministry, the decision to this effect was taken on the basis of recommendations of Foreign Investment Promotion Board. The proposals were related to the sector...

Over 10.83 lakh MT of paddy so far arrived in Haryana mandis

In Haryana, during the current Kharif season, more than 10.83 lakh metric tonnes (MT) of paddy have so far arrived in the mandis.During this period last year 6.64 lakh MT of paddy has arrived.Kurukshetra is leading with maximum arrival of paddy at more than 3.16 lakh MT followed by Karnal.Stating th...

Co-operation between Customs & tax authorities needs to be increased: CBEC chief

The Chairman, Central Board of Excise and Customs (CBEC) Mr Najib Shah today said that in order to have smooth flow of goods across different countries, there is need for increasing co-operation between Customs and tax authorities. Mr Shah was speaking at the inaugurating of the 11th Asia Europe Mee...

India's steel consumption down by 5.2 % in Sept

The country&apos;s steel consumption declined by 5.2 per cent in September, to 6.2 million tonnes, compared to August this year.But steel consumption increased 5 per cent compared to September last year.Production of steel fell 1.3 per cent last month, to 7.3 million tonnes, according to officia...

US and international financial bodies bullish on India

Officials of various international banking institutions have told a group of top Indian bankers in Washington that global financial bodies including the IMF, World Bank, and top US federal bodies like the Federal Reserve are &quot;highly impressed&quot; by India&apos;s growth at a time w...