Japan records first trade surplus in 3 years on cheap oil

Japan has recorded its first trade surplus in three years after the weaker yen boosted exports and cheaper oil prices lowered its import bill. The trade balance came in at 229.3 billion yen in March, beating market expectations for a surplus of 44.6 billion yen. Exports rose by 8.5 per cent from a y...

PAN card to be issued within 48 hours of applying soon <br/>

The government will soon launch an online facility under which a PAN card will be issued within 48 hours of applying. Besides, special camps will be organised throughout the country, including rural areas, to help people get PAN cards. Permanent Account Number (PAN) is a 10-digit alpha numeric numbe...

Jaitley to meet state Finance Ministers tomorrow to discuss GST roadmap

Finance Minister Arun Jaitley will meet state Finance Ministers in New Delhi tomorrow to discuss the roadmap for roll out of goods and services tax, GST from April 2016. Mr Jaitley will chair a meeting of the empowered committee of state finance ministers. Later, the state ministers will discuss amo...

Centre hikes sugarcane fair price to Rs 230 per quintal for 2015-16: Paswan

Consumer Affairs Minister Ramvilas Paswan today said the centre has revised the Fair and Remunerative Price (FRP) of sugarcane for the sugar season 2015-16 to Rs 230 per quintal. The FRP for the last sugar season was Rs 220 per quintal. In a written reply to the Lok Sabha, Mr.Paswan said this decisi...

Centre hikes sugarcane fair price to Rs 230 per quintal for 2015-16: Paswan

Consumer Affairs Minister Ramvilas Pawan today said the centre has revised the Fair and Remunerative Price (FRP) of sugarcane for the sugar season 2015-16 to Rs 230 per quintal. The FRP for the last sugar season was Rs 220 per quintal. In a written reply to the Lok Sabha, Mr.Paswan said this decisio...

Sensex tumbles 556 points; closes below 28,000-mark

Falling for the fourth straight session, the Sensex at the Bombay Stock Exchange tumbled a huge 556 points, or 2 percent, in a broad-based sell-off, to close below the 28,000-mark, at an over three-week low of 27,886. The Sensex has now lost almost 1,160 points in the last four sessions. The Nifty a...

Centre, states working on new GST rate: Revenue Secy

Revenue Secretary Shaktikant Das today said the Centre and state governments are working on a new revenue neutral rate for the implementation of Goods and Services Tax, GST. Talking to reporters in New Delhi, Mr Das said once the revenue neutral rate, RNR is recalculated, then the GST rate will be d...

Indian economy clearly on recovery path: Arun Jaitley

Finance Minister Arun Jaitley has said that the Indian economy is clearly on the path of recovery. In his address to the International Monetary and Financial Committee in Washington, Mr Jaitley said that India&apos;s growth recovered to 7.4 per cent in the first three quarters of the last fiscal...

European activists to take to streets today against TTIP

Activists from all over Europe will take to the streets today in the framework of the Global Day of Action against Transatlantic Trade and Investment Partnership, TTIP, a proposed agreement on free trade between the United States and the European Union. TTIP and CETA are the ambitious initiatives ai...

Rating agency Moody's predict 7.5 percent GDP growth for Indian economy this year