GM to recall 1,55,000 vehicles in India to fix wiring problem

General Motors will recall one lakh, fifty-five thousand (1,55,000) vehicles in India, its largest such exercise to date in the country, in order to fix wiring problems linked to a remote keyless entry accessory. The recall, also one of India's biggest, follows a move in 2013 to recall 114,...

Russia considering direct deliveries of fuel to Greece

Russia is considering direct deliveries of fuel to Greece to help prop up its economy. A Russian news agency today quoted Energy Minister Alexander Novak saying that Moscow intends to support the revival of Greece's economy by broadening cooperation in the energy sector. Novak said, the ene...

NABARD to provide credit to farmers for irrigation

China crisis: Clues point to trading firms suspected of manipulating futures trading

Chinese police probing the massive stock market crash that wiped about 3.2 trillion dollars of capital out of the market today claimed to have found clues pointing to certain trading firms suspected of manipulating futures trading. State-run Xinhua news agency reported, the team is currently carryin...

Indirect tax revenue up by over 37 per cent in first quarter of current fiscal

Chief Economic Advisor Arvind Subramanian today said that Indirect tax revenues grew 37.5 per cent in the first quarter of current fiscal, which reflects a healthy growth in the economy. In a tweet, Mr Subramanian said, indirect tax revenue grew a robust 37.5 per cent in April-June over the comparab...

Indirect tax revenues grew 37.5 per cent in first quarter of current fiscal: Chief Economic Advisor

Chief Economic Advisor Arvind Subramanian today said that Indirect tax revenues grew 37.5 per cent in the first quarter of current fiscal, which reflects a healthy growth in the economy. In a tweet, Mr Subramanian said, indirect tax revenue grew a robust 37.5 per cent in April-June over the comparab...

Euro zone finance ministers to make a 'major' decision today on a fresh bailout plan from Greece

Euro zone finance ministers will make a 'major' decision today on the latest proposals from Athens on a fresh bailout plan, Euro group chief Jeroen Dijsselbloem said today. Dijsselbloem confirmed the proposals were being studied by Greece's creditors, saying they were expe...

CBEC to start manual scrutiny of Service Tax returns of assesses

The Central Board of Excise and Custom, CBEC, has said that from August it will start manual scrutiny of Service Tax returns of assesses who have paid less than Rs 50 lakh of total tax during 2014-15. The move aims at strengthening the compliance and verification.CBEC said that the selection of the ...

EPFO considering a scheme for its subscribers so that they can own a house by retirement

BSE asks members to submit number of suspicious trade reports