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September 1, 2015 8:13 PM
The government today accepted the Justice AP Shah committee report on the Minimum Alternative Tax, MAT on foreign institutional investors,FIIs. Addressing a press conference in New Delhi Finance Minister Arun Jaitley said government will not impose levy on FIIs prior to 1st April 2015. He said that ...
September 1, 2015 7:29 PM
The Reserve Bank has said that the Real-time gross settlement - RTGS system will not be operated on second and fourth Saturdays with banks observing public holiday on those days. In a notification issued from Mumbai, RBI said that the system will operate for full days on working Saturdays of the mon...
September 1, 2015 5:36 PM
Global crude oil prices fell sharply, today, after official data showed that China's giant manufacturing sector, one of the main engines powering the world's biggest energy consumer, contracted at its fastest pace in three years. The figures helped spur a retreat in oil prices afte...
September 1, 2015 2:16 PM
At the forex market, the rupee had appreciated 24 paise, to 66.24 against the dollar in late morning deals, on dollar selling by banks and exporters.
September 1, 2015 2:16 PM
Stock markets fell across Asia. At the domestic bourses, the Sensex at the Bombay Stock Exchange ruled extremely weak, and had tumbled 522 points, to 25,761 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had lost 299 points. Selling was seen across-the-board. Similarly, th...
September 1, 2015 1:07 PM
Jet fuel price was today slashed by a steep 11.7 per cent while rates of non-subsidised cooking gas LPG were reduced by 25 rupees 50 paise per cylinder .Aviation Turbine Fuel (ATF) price in Delhi was cut by 5,469 rupees 12 paise per kilolitre , or 11.7 per cent, to 40,938 rupees 24 paise. Jet fuel c...
September 1, 2015 8:44 AM
Petrol price has been cut by two rupees a litre and diesel by 50 paise including VAT. The new rates came into effect midnight last night. Petrol will now cost 61 rupees 20 paise a litre in Delhi, 66 rupees 50 paise in Kolkata, 66 rupees 23 paise in Mumbai and 61 rupees 46 paise a litre in Chennai. D...
September 1, 2015 8:20 AM
Chief Economic Adviser Arvind Subramanian has said that slowdown in China is a historic opportunity to relaunch growth in India.Delivering a speech at the Institute of Chinese Studies in New Delhi, Mr Subramanian said investments from companies like Foxconn of Taiwan and Xiaomi of China suggest that...
September 1, 2015 8:09 AM
Chief Economic Adviser Arvind Subramanian has said that slowdown in China is a historic opportunity to relaunch growth in India.Delivering a speech at the Institute of Chinese Studies in New Delhi, Mr Subramanian said investments from companies like Foxconn of Taiwan and Xiaomi of China suggest that...
September 1, 2015 7:58 AM
Petrol prices have been cut by Rs 2 per litre and diesel by 50 paise including VAT. The new rates will come into effect from midnight tonight. Now, petrol will cost Rs 61.20 per litre in Delhi, Rs 66.50 in Kolkata, Rs 66.23 in Mumbai and Rs 61.46 per litre in Chennai.On the other hand, diesel will c...
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