Abu Dhabi : India and UAE on Monday signed an agreement in Abu Dhabi to amend the double taxation avoidance treaty, paving the way for greater sharing of tax related information between the two countries and also agreed to set up a joint committee to look after consular issues. The amendment to the treaty was […]
Mumbai : Signaling interest rate cut to boost economy at its annual credit policy on Tuesday, the Reserve Bank said it would shift the focus to arresting declining growth while keeping inflation under control. “Inflation expectations moderated in the fourth quarter of 2012-13 but remain high. With significant upside risks to inflation, monetary policy needs […]
Mumbai : India’s ship building and repairs industry is likely to touch 9,200 crore rupees by 2015 owing to robust demand in the domestic market and adequate availability of skilled workforce. This was revealed by the Indian Industry gaint ASSOCHAM in its report. According to the report, at present the size of ship building and […]
Mumbai : In restricted movement, the BSE benchmark Sensex on Monday closed 56 points up on late buying in banking and auto stocks as slight slip in inflation raised hopes that RBI may lower lending rate at annual credit policy announcement tomorrow. After moving between 17,010.16 and 17,173.06, the BSE 30-stock index, Sensex, closed 56.44 points or […]
Gujarat : Gujarat Cooperative Milk Marketing Federation has decided to hike prices of Amul brand milk by up to Rs 2 per litre in Delhi and NCR region from Monday. “Amul Taaza (toned) milk will cost Rs 30 per litre from Monday in Delhi and NCR compared to Rs 29 per litre, while slim and […]
Mumbai : The BSE benchmark index Sensex extended losses for the second straight day by losing over 67 points in early trade on Monday on sustained selling by funds, triggered by a weak trend on Asian bourses. The 30-share index, which had lost 238.11 points in the previous session, fell further by 67.19 points, or […]
Mumbai : Reserve Bank Governor D Subbarao has said that rising fiscal deficit and short-term debt levels are quite disturbing. Speaking at a panel discussion on India’s economic reforms and development in New Delhi, Mr Subbarao however said, the nation is not facing a repeat of a 1991 balance of payment crisis. He said, the […]
Mumbai : State-owned oil companies today announced a reduction in jet fuel prices by a marginal 170 rupees per kilolitre. The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was reduced by 169.30 rupees per kiloliltre, or 0.25 per cent, to 67,631 rupees effective from midnight tonight. Indian Oil Corporation has made […]
US : The former Colombian Finance Minister Jose Antonio Ocampo has withdrawn from the race to become the next head of the World Bank. Mr Ocampo said he will support the Nigeriana Finance Minister Ngozi Okonjo-Iweala to win the job. She is the only remaining challenger to the US nominee Jim Yong Kim. The World […]
Mumbai : Capital market regulator, SEBI today said both public and private sector companies will have to increase public shareholding to a minimum of 25 per cent by August 2013 and there will be no relaxation of the guidelines. SEBI Chairman Mr. U K Sinha told this to reporters on the sidelines of Bombay Stock […]
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1. Aloft Bengaluru Outer Ring Road elevates Haramohan Bora as Director of Food & Beverage
2. Acer’s first AI Powered Gaming laptops – Predator Helios 16 and Neo launched starting at Rs. 149999