Business

August 10, 2015 4:35 PM

Gold inches up Rs 5 to Rs 25,175 per ten grams

Rising for the second straight day, gold inched up 5 rupees, to 25,175 rupees per ten grams at Delhi's bullion market, on Saturday. Silver gained 170 rupees, to 34,300 rupees per kilo on increased buying by industrial units. Silver coins remained unchanged at 48,000 rupees for buying 100 pi...

August 10, 2015 4:26 PM

No plans to allow FDI in retail trade as of now: Rajnath

Government has no plans to allow Foreign Direct Investment (FDI) in retail trade as of now. Home Minister Rajnath Singh said this while addressing the Vyapari Sammelan in New Delhi,.Calling upon opposition parties, Mr Singh urged them to help the government in passing of Goods and Services Tax (GST)...

August 9, 2015 8:18 PM

Important for Govt to have efficient expenditure management: Jaitley

Union Finance Minister Arun Jaitley today said that competitiveness, cost and efficiency management have become the key words of survival and growth in post liberalization era. Inaugurating the First Indian Cost Accounts Service Day in New Delhi, he said, it is all the more important for the Governm...

August 9, 2015 6:41 PM

OTP-based ITR filing system for taxpayers starts on high note

The Income Tax department's OTP-based Income Tax Return filing system for taxpayers has started on a high note with its portal electronically verifying over 7.5 lakh returns and linking over 11 lakh Aadhaar numbers with the PAN database. The new e-filing system, enabled last month, allows o...

August 9, 2015 4:16 PM

No plans to allow FDI in retail trade as of now: Rajnath

Government has no plans to allow Foreign Direct Investment (FDI) in retail trade as of now. Home Minister Rajnath Singh said this while addressing the Vyapari Sammelan in New Delhi, today.Calling upon opposition parties, Mr Singh urged them to help the government in passing of Goods and Services Tax...

August 8, 2015 6:46 PM

UCO Bank reports 51 % decline in its net profit for first quarter

Public sector bank, UCO Bank, on Saturday reported a 51 percent decline in its net profit to 256.7 crore rupees for the first quarter ended June 30, against the same quarter last fiscal.The Gross Non-performing Assets as a percentage of total advances increased to 7.3 percent during June quarter, fr...

August 8, 2015 4:51 PM

Gold inches up Rs 5 to Rs 25,175 per ten grams

Rising for the second straight day, gold inched up 5 rupees, to 25,175 rupees per ten grams at Delhi's bullion market, on Saturday. Silver gained 170 rupees, to 34,300 rupees per kilo on increased buying by industrial units. Silver coins remained unchanged at 48,000 rupees for buying 100 pi...

August 8, 2015 3:50 PM

Foxconn to invest $5 billion in Maharashtra, gets 1,500 acres for plant

Maharashtra government on Saturday, signed a Memorandum of Understanding (MoU) with the Tiawan-based global electronic manufacturing giant Foxconn under which it will give the company 1500 acres of land for setting up its plant in the state. The company will also invest five billion US Dollar over t...

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