The Indian’s industrial production showing signs of growth rises to 2.5% in March and the Industrial output grew at meagre rate of 1% in 2012-13. The rise of IPP growth for March means that output increased for 3 months in a row after reduction in 8 months in 2012, indicating a average recovery in the [...]
May 10 2013 | Posted in
Economy |
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Vodafone India’s External Affairs Director Manu Kapoor, who was handling the U.K.-based company’s tax disputes with the govt has resigned. Manu Kapoor, Vodafone India Ltd.’s director for external affairs, has decided to quit the company “due to family commitments,” the unit’s chief executive, Marten Pieters, said in an email to its workers on Thursday. Mr. [...]
Apr 4 2013 | Posted in
Economy |
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The Financial year of 2013-14 will bring in a lot of changes that is sure going to pinch your pocket. You will get up to see an costly beacouse many things are getting expensive from today, Here is the list of things that is going to be costlier from April 1, 2013. Train fare: If [...]
Apr 1 2013 | Posted in
Economy |
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On Friday, petrol retailers decided to cut petrol price by Rs 2 per litre, excluding state tax from Saturday, whereas diesel price is remain untouched to save the govt. being embarrassed in parliament. In recent times, this is the efficient & greatest cut in petrol price. The exact benefit to consumers would be higher on [...]
Mar 16 2013 | Posted in
Economy |
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The Petrol price likely to cheaper by about Re 1 per liter while diesel price may cost more by 40-50 paisa per liter from April 15/16. While petrol prices are being cut in step with dropping international oil rates, the diesel rate hike would be in line with the January decision to hike prices in [...]
Mar 14 2013 | Posted in
Economy |
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Petrol price hiked once again by up to 1.40 per litre with effect from Friday midnight. The second big hike in rates in as many weeks. The hike is excluding local sales tax or VAT and the actual hike in rate for consumers will be higher after including the tax incidence. Earlier, The Oil companies [...]
Mar 2 2013 | Posted in
Economy |
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Presenting UPA-II’s last full-fledged Budget ahead of next year’s general elections to net in an additional Rs 18,000 crore, finance minister P Chidambaram did the task of balancing growth needs with fiscal prudence by stepping up expenditure in social sectors and cutting subsidies. Aiming at higher growth rate for inclusive and sustainable development and revive [...]
Feb 28 2013 | Posted in
Economy |
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Finance Minister P Chidambaram on Thursday did not interfere with the Income Tax slabs or rates while presenting the Union Budget for the year of 2013-14 in the Lok Sabha. As part of his tax proposals, Finance Minister P Chidambaram went on to give a benefit of Rs 2,000 to individual tax payers with taxable [...]
Feb 28 2013 | Posted in
Economy |
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Indian Railway Minister Pawan Kumar Bansal Today presented Railway Budget for the year 2013-2014. The Budget is good one for the passengers as no hike in the fares is done. Though earlier it was expected that right now inflation is high and fares may go up. The pressure of the fare hike was so extreme that Share Market dropped [...]
Feb 26 2013 | Posted in
Economy |
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On 28 of February Finance Minister P Chidambaram will present financial budget of the year 2013. This budget is very important as country is passing three great economic pressures. On the one hand people are suffering from high rate of inflation and on the other hand. Govt seems to be a failure in maintaining reasonable prices [...]
Feb 22 2013 | Posted in
Economy |
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