New Delhi : Power Minister Sushilkumar Shinde on Monday said that US companies are welcome to set up joint venture entities for making power equipment in the country. “They (American companies) are welcome to come here,” Shinde told reporters in New Delhi on the sidelines of a conference on power sector. He was commenting on […]
New Delhi : The government says cancellation of 2G licences by the Supreme Court last month did not have any material impact on public sector banks. Minister of State for Finance Namo Narain Meena said in a written reply to the Lok Sabha today that the cancelled licences represent certain circle or areas only. The […]
New Delhi : The government on Monday raised interest rates on post office-operated small savings like Monthly Income Scheme (MIS) and Public Provident Fund (PPF) by up to 0.5 per cent, making them more attractive to investors. Interest rates on time deposits of one and two years have been increased by 0.5 per cent each […]
Mumbai : The BSE benchmark Sensex on Monday plunged 309 points to about 2-month low on heavy selling by funds concerned over market reports that the government may move to levy short-term capital gains tax for derivative products sold to foreign investors. The Sensex dropped 308.96 points, or 1.78 per cent to 17,052.78, a level […]
Mumbai : The rupee rose marginally by 7 paise to 51.10 rupees against dollar in early trade on the Interbank Foreign Exchange market, largely on the back of euro gains against the American currency overseas. The rupee had plunged by 50 paise to close at 51.18 rupees in the previous session on Thursday, the lowest […]
Mumbai : Oil prices edged lower in Asian trade today as investors took profits from last week’s gains. New York’s main contract, West Texas Intermediate crude for delivery in May, shed 29 cents to 106.58 dollars per barrel while Brent North Sea crude for May settlement was down 17 cents at 124.96 dollars in the […]
Mumbai : The BSE benchmark index Sensex on Monday fell by nearly 90 points in early trade, due to fresh selling by funds in the absence of any positive trigger, amid a mixed trend in Asian markets. The 30-share index, which had gained 165.27 points in the previous session, moved down by 89.64 points, or […]
New Delhi : An Empowered Group of Ministers (EGoM), headed by Finance Minister Pranab Mukherjee, will meet on Monday to decide on allowing an additional export of up to one million tonnes of sugar in the 2011-12 marketing year. The government has allowed 2 million tonnes of sugar exports in the 2011-12 marketing year in […]
New Delhi : The country’s largest carmaker Maruti Suzuki India (MSI) has increased the prices of its vehicles by up to Rs 17,000 following the hike in excise duty in the Budget. The increase in prices will affect the company’s models ranging from small car M800 to mid-sized sedan SX4. “There has been an average […]
New Delhi : The government on Friday said that oil and gas are national resources and therefore should be within the framework of governmental and regulatory oversight. Addressing the 7th Asia Gas Partnership Summit in New Delhi Friday morning, the Prime Minister Dr. Manmohan Singh said that the economic exploitation of these resources should lead […]
1. Step out and shine in Soch’s new summer collection 2023
2. World Designing Forum is all set to organise World Designer Conclave this year in July
3. The Tribe Concepts Launches All-Natural Anti-Pigmentation Kit for Radiant Skin
4. Hop in for an Easter Brunch at Hotel Royal Orchid Bangalore