Budget Today

UPA committed to food security bill: PM 

May 08, 2013 at 18:05 | Source:PTI

Notwithstanding government's failure to get the ambitious Food Security Bill passed in the Budget session, Prime Minister Manmohan Singh today said UPA is committed to make this law after considering "all opinions."

SpiceJet soars 8% as Rakesh Jhunjhunwala's wife buys shares 

May 06, 2013 at 10:58 | Source:PTI

Shares of SpiceJet today surged 8 percent in early trade as ace investor Rakesh Jhunjhunwala's wife Rekha picked up 25 lakh shares of the budget carrier for an estimated Rs 10 crore.

SUV tax will compel modifying products to meet norm: M&M 

May 03, 2013 at 16:23 | Source:PTI

Faced with higher excise duty on its SUV models, homegrown auto major Mahindra and Mahindra today said it will be compelled to consider modifying its products to align with the new specifications for lower duty.

Sebi plans to launch new platform for SMEs 

Apr 29, 2013 at 15:28 | Source:PTI

Market regulator Sebi is planning to launch a new platform that will enable investors to put in money in SMEs, a senior offficial said today.

PM confident Parliament will transact financial, other biz 

Apr 22, 2013 at 12:26 | Source:PTI

In the face of Opposition onslaught, Prime Minister Manmohan Singh today said he was "very confident" that Parliament will transact financial and other business in the remaining part of the Budget session.

Global cues positive; will Nifty's upwards journey sustain? 

Apr 22, 2013 at 08:12 | Source:Moneycontrol.com

It was a positive session on Wall Street on Friday. The CBOE VIX tumbled nearly 15 percent. European markets too ended higher. Meanwhile Asian markets are trading mixed today.

Top 5 large screen tablets under Rs 20,000 

Apr 08, 2013 at 09:33 | Source:Tech2.com

Today you will find several large screen tablets ranging from 8 to 10 inches that are priced well below Rs 20,000.

TN govt plans to add 3,230 MW before March 2014 

Mar 21, 2013 at 18:55 | Source:CNBC-TV18

The Tamil Nadu state budget was tabled today and there is some good news for the debt ridden state electricity board (SEB). The government has said that the power situation in Tamil Nadu is set to improve and the SEB will turn around in 3-4 years.

Sebi allows FIIs to use govt, corporate bonds as collateral 

Mar 21, 2013 at 15:08 | Source:PTI

In a move that would help boost flow of overseas funds into Indian capital markets, regulator Sebi today allowed FIIs to offer government securities and corporate bonds as collaterals for their cash and derivative transactions on the stock exchanges.

Monetary Policy: 25 bps cut along with reforms will revive mkt, says Kotak 

Mar 19, 2013 at 10:35 | Source:CNBC-TV18

The much awaited Reserve Bank of India (RBI) policy will be announced today. A 25 basis points repo rate cut is unanimously expected by most market experts and economists.

Place stop loss at 5874 on Nifty for now: IIFL 

Mar 13, 2013 at 18:56 | Source:CNBC-TV18

Today the Nifty dropped over 60 points and closed the trade at 5851.20. Manoj Murlidhar of IIFL told CNBC-TV18 if one wants to short the index tomorrow, then they should place the stop loss at 5874.

Railway Budget disappointing, says BJP in RS 

Mar 13, 2013 at 18:13 | Source:PTI

BJP today dubbed the Railway Budget 2013-14 as "disappointing" and said it was full of promises made by his predecessors in the last eight years that still remained unfulfilled.

Railway Budget 2013: Bansal hints at further increase in surcharge on bookings 

Mar 13, 2013 at 16:03 | Source:PTI

Justifying the hike in charges on various counts announced recently, Railway Minister Pawan Kumar Bansal today hinted at further increase in surcharge on bookings and cancellations for balanced development of the country's largest transporter which has "limited resources".

RBI will address concerns over new bank licences: FM 

Mar 12, 2013 at 18:13 | Source:PTI

Finance Minister P Chidambaram today said RBI will issue clarifications on new bank licence guidelines as being sought by prospective private sector corporates.

CAD is likely to be 4.3% for 2012-13: Barclays 

Mar 11, 2013 at 17:50 | Source:PTI

India's current account deficit is likely to be 4.3 percent of the GDP, with "risks biased towards a wider deficit", Barclays said today.

Key Bills to be discussed in Parliament today 

Mar 11, 2013 at 12:49 | Source:Moneycontrol.com

As the Parliament session kickstarts again for the week today, discussion on Railway Budget is expected to be made. The Securities and Exchange Board of India (Amendment) Bill, 2013 will also be tabled at the Rajya Sabha.

No price increase this month, may hike in April: JSW Steel 

Mar 08, 2013 at 16:23 | Source:PTI

JSW Steel is likely to increase prices of its products next month as rising prices in the international markets are hitting its margins, a top company official said today.

Govt to cut subsidies outgo to 1.5% of GDP by 2016-17 

Mar 07, 2013 at 15:38 | Source:PTI

The government today said it will reduce outgo on subsides from 2.6 percent of GDP in 2011-12 to 1.5 percent by the end of 12th Plan (2012-17) to contain the expenditure within a "pre-determined level of affordability".

AirAsia awaits DGCA's nod to fly high: Arun Bhatia 

Mar 06, 2013 at 16:31 | Source:CNBC-TV18

The finance ministry today cleared the investment proposal of Malaysian budget carrier AirAsia which seeks to enter India through a joint venture with Tata Group and another company. On the sideline of the development, Shereen Bhan spoke to Arun Bhatia of Telestra Tradeplace Pvt Ltd to get more insight on the development.

FIPB approves AirAsia's India investment plans 

Mar 06, 2013 at 12:52 | Source:PTI

The Finance Ministry today cleared the investment proposal of Malaysian budget carrier AirAsia which seeks to enter India through a joint venture with Tata Group and another company.

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