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Lok Sabha passes Finance Bill 2015
The Lok Sabha passed the Finance Bill, 2015 by a voice vote on Thursday.
As many as 41 amendments moved by Finance Minister Arun Jaitley were passed, including for tax relief to foreign investors with income from securities transactions,…
Core Industries post Negative Growth of 0.1 Percent in March
India's core industries' output growth slowed to a 15-month low of 0.1 percent in March, on the back of a contraction in the production of steel, cement and refinery products, government data showed on Thursday.
The eight core industries…
Petrol Prices up by Rs 3.96/Litre, Diesel by Rs 2.37
Owing to the rise in global crude prices, Yemen crisis and decline of Indian Rupee against the US Dollar, the oil companies have hiked the petrol prices by Rs 3.96 per litre, while diesel prices have gone up by Rs 2.37 per litre. The…
BSE Sensex closes 215 Pts down; Nifty ends at 8,181 Pts
The rush to square deals before the expiry of futures and options contracts for April and the overall hit on the market mood due to recent retrospective tax notices to some foreign funds, led key equities indices in India take a further hit…
BHEL commissions 500 MW Power Unit in Maharashtra
Mumbai, April 30 (IANS): State-run electrical equipment maker BHEL said on Thursday it has commissioned the first 500 MW unit of the two allotted at Chandrapur Super Thermal Power Project (STPP) stage-III of Maharashtra State Power…
Sesa Sterlite Ltd posts Rs.574 Crore Net Profit in Q4
Sesa Sterlite Ltd on Wednesday said it posted net profit of Rs.573.79 crore for the quarter ended March 31, 2015 compared to net loss of Rs.326.11 crore for the corresponding quarter in 2014,
In a filing to the Bombay Stock Exchange, it…
Union Cabinet approves changes to Companies Act
To make it easy to do business in India, the union cabinet on Wednesday rationalised certain documentation procedures required for companies. The cabinet approved "doing away with the requirement of filing a declaration by a company before…
Further Stake Sale in Coal India to meet SEBI Guidelines
The government will go for further stake sale in Coal India in due course to meet market regulator SEBI's guidelines on public shareholding, Coal and Power Minister Piyush Goyal said on Wednesday.
"We have to fulfill SEBI guidelines. In…
Govt approves 10 Sites for New Nuclear Power Projects
The government has "in principle" approved 10 sites for setting up new nuclear power projects, parliament was told on Wednesday.
Listing out the 10 sites located in nine states, Minister of State in the Prime Minister's Office Jitendra…
Lok Sabha passes Appropriation Bill for 2015-16
New Delhi, April 29 (IANS): The Lok Sabha on Wednesday passed the Appropriation Bill, allowing the government to withdraw Rs.62.03 lakh crore from the Consolidated Fund to meet its expenditure for 2015-16.
The bill was passed by the…