The Petroleum Ministry, stands united with Finance Ministrys idea of levying duties on petrol and diesel. However, this would be done if the custom duty of 5 percent on Jet fuel is also brought back. [...]
India Central Bank
The crisis is deepening up day by day, and the 80,000 job cuts in a single day by the companies around the world shows how the global meltdown is impacting the corporate world. Companies such [...]
Yash Birla Group, recently declared its plans of gaining a majority stake in Kerala Vaidyashala. This will be through a joint venture, with the former sitting on 51 percent of stake. Vaidyashala is an Ayurvedic [...]
It’s the second time in nearly last two months, when the government has cut fuel prices in the capital. A reduction of Rs 5 per litre of petrol, Rs 2 per litre of diesel and [...]
Although the stimulus packages recently declared by the Government have done their bit in diluting the woes of auto industry players, but majority of issues remain un-tackled, as informed by SIAM (Society of Indian Automobile [...]
The amount that was gathered via the IPO (Initial Public Offering) in India in 2008 saw its three-year low. The absolute value stood at $4509 million, as per a report. This is 18.34% decline when [...]
ArcelorMittal, the leading steel producer company today reported a net loss of $2.63 billion for the quarter ended on December 31, 2008, as the demand of its products and steel-prices were hit hard by the [...]
Despite of the two stimulus packages released by the Government to spur the demand in the economy, the statistics show that the growth rate of industrial production sank 2 percent in the month of December [...]
Government is weighing a proposal that might make the investors of VCFs (Venture Capital Funds) to shell out money for paying requisite taxes. Presently, the payment is done by funds in some of the sectors. [...]
The acting finance minister Pranab Mukherjee, while presenting the sixth budget of the term of UPA Government said that the agenda of the government was of change and the UPA Government has taken every important [...]
