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January 24, 2015 1:40 PM
Finance Minister Arun Jaitley has hinted at not raising tax rates and providing incentives to manufacturing sector in the coming budget. He promised a stable tax regime that will not come up with unreasonable demand and charge taxes retrospectively. Mr. Jaitley was addressing a session on '...
January 24, 2015 12:25 PM
Reserve Bank of India (RBI) has lifted a ban on carrying Indian bank notes of Rs 1,000 and 500 denominations to and from Nepal.RBI issued a circular eased the restriction on export and import of bank notes of 1,000 and 500 denominations for Nepal and Bhutan that it had imposed since May, 2000. The I...
January 24, 2015 9:07 AM
Struggling bourse MCX-SX has got a go-ahead by SEBI to launch fresh contracts. In a statement issued yesterday in Mumbai, MCX-SX Managing Director and Chief Executive Saurabh Sarkar said that the exchange will be launching contracts in currency futures, currency options, interest rate futures, equit...
January 24, 2015 9:00 AM
State-owned power distribution firm Mahadiscom has suffered losses to the tune of 1,860 crore rupees in financial year 2014. Mahadiscom Managing Director O P Gupta, told reporters in Mumbai on Friday that as many of its high-end industrial consumers opted for open access to buy power at cheaper rate...
January 24, 2015 7:41 AM
Struggling bourse MCX-SX has got a go-ahead by SEBI to launch fresh contracts. In a statement issued yesterday in Mumbai, MCX-SX Managing Director and Chief Executive Saurabh Sarkar said that the exchange will be launching contracts in currency futures, currency options, interest rate futures, equit...
January 24, 2015 7:18 AM
India's foreign exchange reserves touched an all time high of 322.135 billion US Dollars for the week ended January 16. RBI data shows that the reserves jumped by 2.66 billion US Dollars to reach 322.135 billion dollars during the week. Strong FII inflows and reduction in import burden due ...
January 23, 2015 8:14 PM
Finance Minister Arun Jaitley today said, the government will go ahead with its disinvestment programme and a lot of activity is expected on that front. Speaking on the sidelines of World Economic Forum summit in Davos, Mr Jaitley hinted at complete privatization of some loss-making PSUs at a later ...
January 23, 2015 1:46 PM
Finance Minister Arun Jaitley today said, the government will go ahead with its disinvestment programme and a lot of activity is expected on that front. Speaking on the sidelines of World Economic Forum summit in Davos, Mr Jaitley hinted at complete privatization of some loss-making PSUs at a later ...
January 23, 2015 12:57 PM
Finance Minister Arun Jaitley today said, the government will go ahead with its disinvestment programme and a lot of activity is expected on that front. Speaking on the sidelines of World Economic Forum summit in Davos, Mr Jaitley hinted at complete privatization of some loss-making PSUs at a later ...
January 23, 2015 12:55 PM
Ahead of US President Barack Obama's India visit, Finance Minister Arun Jaitley said the two countries should be able to reach consensus on areas that are of top priority for cooperation between them. He was speaking in Davos on the sidelines of the World Economic Forum meeting. Without spe...
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