India seeks deeper engagement of ADB for smart cities, railways

BHEL commissions Bijlee Utpadan's thermal unit in Bihar

In Bihar, State-owned power equipment maker Bharat Heavy Electricals Limited , BHEL, has commissioned a thermal unit of Kanti Bijlee Utpadan Nigam Limited , KBUNL, in Muzaffarpur . In a statement in New Delhi today BHEL said, this is the first 195 MW unit to be commissioned by it. The second 195 MW ...

8 core sectors production drops 0.1% in March; a 15-month low

Eight core industries registered a negative growth of 0.1 per cent in March, the lowest performance in 15 months, due to a steep decline in production of steel, cement and refinery products. The output had expanded by 4 per cent in March last year. The previous low logged by the core industries was ...

Telecom operators slash roaming call rate by up to 40%

Mobile users will pay less for roaming from today onwards as leading operators, Airtel, Vodafone, Idea and Reliance Communication, slashed their roaming call rates by up to 40 per cent and SMS rates by upto 75 percent. This rate revision comes weeks after Telecom Regulatory Authority of India, Trai,...

Govt's reform agenda strengthened investor's sentiment: Jaitley

Finance Minister Arun Jaitley has said that government's reform agenda has strengthened the sentiment of investors towards India resulting in greater money coming into the country. In an exclusive interview to DD News, Mr Jaitley said that significant work is being done in the infrastructur...

Govt's reform agenda strengthened investor's sentiment towards India: Jaitley

Finance Minister Arun Jaitley has said that government's reform agenda has strengthened the sentiment of investors towards India resulting in greater money coming into the country. In an exclusive interview to DD News, Mr Jaitley said that significant work is being done in the infrastructur...

Petrol prices hiked by Rs 3.96 a litre, diesel Rs 2.37

Petrol price has been hiked by Rs 3.96 a litre and diesel by Rs 2.37 per litre including the Value added Tax. The new rate came into effect from last midnight.State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corp have revised petrol and diesel p...

Telecom operators slash roaming call rate by up to 40%, SMS by up to 75%

Mobile users will pay less for roaming from today onwards as leading operators, Airtel, Vodafone, Idea and Reliance Communication, slashed their roaming call rates by up to 40 per cent and SMS rates by upto 75 percent. This rate revision comes weeks after Telecom Regulatory Authority of India, Trai,...

Govt provides some relief to foreign investors from MAT

Government has provided some relief to foreign investors, clarifying that Minimum Alternate Tax (MAT) will not apply to capital gains on the sale of securities, royalty, technical service fees and interest income. Finance Minister Arun Jaitley yesterday said in Lok Sabha, this was part of amendments...

Govt provides some relief to foreign investors from MAT

Government has provided some relief to foreign investors, clarifying that Minimum Alternate Tax (MAT) will not apply to capital gains on the sale of securities, royalty, technical service fees and interest income. Finance Minister Arun Jaitley yesterday said in Lok Sabha, this was part of amendments...