As part of government’s attempts to give yet another push to the droning economy, Pranab Mukherjee, the Finance Minister declared cuts in excise and service tax rates as components of third stimulus package. Replying to [...]
Travel / Leisure
The Managing Director of the leading retail chain of India (Subhiksha) on Wednesday trashed all the speculation of his departure from the company and made clear that he would not escape from his responsibilities. R [...]
One of the prominent Delhi-based retail chain Vishal Retail would soon be closing some of its stores as it seems more trouble is encircling the company operations. According to sources, Vishal Retail is in default [...]
DL players are facing situation of being at cross-roads. Whether they should bet on long term on Reliance Industries or punt on shares of Reliance Petroleum are the options laying ahead. The two companies recently [...]
Indian Rupee, continuing its downward trend for the sixth day in a row, declined further against the US dollar due to the rise in the demand of dollar from the importers and continuous outflow of [...]
Government’s attempts to handle the national economic conditions are to get stalled owing to the elections entering the scenario. However, RBI, standing immune to such developments is the sole entity to trigger whatever is possible [...]
SMEs (Small and Medium Enterprises) have been facing the difficulties of ‘scanty funds’, ‘technological backwardness’ and flaws in financing procedures’ which are limiting them from realizing the potential to the fullest. The finding came from [...]
The incredible amount of Rs.2000crore that was found parked in about 200 banks accounts and is believed to have gone into alleged ‘terror activities’ has stimulated governmental probe teams. The trigger is to reach the [...]
The Finance Ministry today rejected a proposal from Commerce Ministry demanding a relaxation for the exporters regarding the FBT payments, on the ground that these kinds of benefits cannot be given to a particular section [...]
Public Sector Undertakings, owned by the Central Government gave Rs.1.66 lakh to the total pool collected. The value surpasses the ‘amount gathered as the personal income tax’ by over 40 percent. As per the 48th [...]
