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June 29, 2012 9:15 AM

Finance Ministry proposes monetary limit in draft guidelines for invoking GAAR

To address investor concerns over taxation issues, the Finance Ministry has proposed a monetary limit for invoking the controversial General Anti-Tax Avoidance Rules, GAAR in its draft guidelines issued late last night. Although the draft did not specify the monetary limit, it said that those deals ...

June 29, 2012 9:14 AM

Assam Flood situation remains grim, Relief & rescue ops on

In Assam, the overall flood situation continued to be grim as the Brahmaputra and its major tributaries are flowing above the danger level. The surging flood waters have breached embankments of the Brahmaputra and its tributaries at 25 locations so far. Our correspondent reports that Assam governmen...

June 28, 2012 8:15 PM

Petrol to cost less

Petrol prices were reduced again for a second time this month. In Delhi petrol will cost less by 2.46 per litre at 67.78 with effect from midnight tonight. While in Mumbai the prices of petrol will come down by 3.10 paise to 73.35. In Kolkata petrol will cost 3.07 less at 72.74 per litre. In Chennai...

June 28, 2012 8:08 PM

Petrol prices reduced for second time this month

Petrol prices were reduced again for a second time this month. In Delhi petrol will cost less by 2.46 per litre at 67.78 with effect from midnight tonight. While in Mumbai the prices of petrol will come down by 3.10 paise to 73.35. In Kolkata petrol will cost 3.07 less at 72.74 per litre. In Chennai...

June 28, 2012 6:49 PM

Prez Poll: Pranab, Sangma file nominations

The stage is set for the next month's Presidential polls with both the main contestants, Pranab Mukherjee suported by the Congress led UPA alliance and P A Sangma backed by the main opposition BJP, filing their nomination papers today. The Presidential polls will take place on the 19 of next mo...

June 28, 2012 4:32 PM

Prez Poll: Pranab, Sangma file nominations

The UPA nominee and senior congress leader Mr Pranab Mukherjee today filed his nomination papers for the July 19th Presidential poll. After filing the documents, Mr Mukherjee thanked the leaders of those parties who have supported his nomination for the top Constitutional post in the country. Talkin...

June 28, 2012 4:17 PM

Prez Poll: Pranab, Sangma file nomination

The UPA nominee and senior congress leader Mr Pranab Mukherjee today filed his nomination papers for the July 19th Presidential poll. After filing the documents, Mr Mukherjee thanked the leaders of those parties who have supported his nomination for the top Constitutional post in the country. Talkin...

June 28, 2012 4:05 PM

Sarabjit Singh’s family appeals to Pak for his release

The family of Sarabjit Singh today met External Affairs Minister S M Krishna in New Delhi and demanded the immediate release of the death row prisoner in Pakistan.Sarabjit Singh's sister Dalbir Kaur, told reporters after the meeting that Mr Krishna has assured her the issue will be taken up dur...

June 28, 2012 2:45 PM

Prez Poll: Pranab files nomination

The UPA nominee and senior congress leader Mr Pranab Mukherjee today filed his nomination papers for the July 19th Presidential poll. After filing the documents, Mr Mukherjee thanked the leaders of those parties who have supported his nomination for the top Constitutional post in the country. Talkin...

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