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Gross Direct Tax Collection up 13 Percent at Rs.546,661 Cr
The government Friday reported an increase of 12.93 percent in gross direct tax collection at Rs.546,661 crore during the first nine months of 2014-15 on the back of healthy growth in revenues from corporate taxes. The gross direct tax…
FDI Liberalisation Sought in E-Commerce in India
Ahead of President Barack Obama's trip to India, two US lawmakers have asked him to request Indian Prime Minister Narendra Modi to liberalise foreign direct investment (FDI) restrictions on e-commerce sector. "Such a move would benefit the…
Reliance Industries Raises $1 bn Through Dollar Bond Issue
Reliance Industries (RIL) Thursday said that it has raised a $1 billion through a dollar bond issue. The funds will be used for the company's ongoing capital expenditure. "This transaction opened up the market for private sector corporate…
BSE Sensex crosses 29,000 Mark, Sets New Record
A benchmark index of Indian equities markets recorded a new high of 29,060.41 points in Thursday's intra-day trade ahead of a possible European Central Bank (ECB) stimulus announcement. The barometer index closed at a new high of 29,006.02…
Railway Budget on Feb 25, Union Budget on Feb 28
The Budget Session of the Parliament will begin Feb 23 and the union budget would be presented Feb 28. The first part of the session would be from Feb 23 to March 20 and the second part from April 20 to May 8, an official said Wednesday.…
R K Srivastava Takes over as The New Chairman of AAI
Ravindra Kumar Srivastava, a 1984 Jharkhand Cadre IAS Officer is the New Chairman, Airports Authority of India.
Before taking over as Chairman of AAI, he has been Principal Secretary to the Govt. of Jharkhand in the Deptt. of Planning…
BSE Sensex Ends at Record High, Nifty above 8,700 Points
Positive European cues ahead of a possible European Central Bank (ECB) stimulus, led the two benchmark indices of the Indian equities to touch new highs during the afternoon trade session Wednesday. The barometer index of the Indian…
Meru Cabs offers 25% off on Mobile App Bookings
Meru Cabs, India’s leading cab services, on Tuesday announced a special promotional offer on their Meru mobile app wherein commuters can avail 25% discount on their current booking.
The offer is applicable on Meru and Meru Flexi brands…
BSE Sensex Gains 225 Points, Nifty Reclaims 8,600 Points
Positive European cues ahead of a possible European Central Bank (ECB) stimulus and bullish investor sentiment on the back of further reforms announcement in the upcoming budget, led the two major benchmark indices of the Indian equities to…
IMF Projects Indian Economy to Grow at 6.5 Percent in 2016
Broadly keeping its growth forecast for India unchanged, International Monetary Fund (IMF) Tuesday projected that rising from 5.8 percent in 2014, the Asian economy will grow at 6.3 percent in 2015 and 6.5 percent in 2016. Slower growth in…