Jul 10, 2014 at 13:31 | Source: CNBC-TV18
Divestment target for FY15 at a little over Rs 43,000 crore. Not too aggressive a target, but government will still have to reform PSUs and then hope that market sentiment remains upbeat. Big customs duty relief has been given to imported coal. Duty on ships imported for breaking attract lower duty of 2.5 percent.
Jul 10, 2014 at 13:22 | Source: CNBC-TV18
Big customs duty relief has been given to imported coal. Duty on ships imported for breaking attract lower duty of 2.5 percent. Auto duty cuts extended for six months till December 2014.
Jul 10, 2014 at 12:52 | Source: CNBC-TV18
The Sensex is down 77.08 points at 25367.73 and the Nifty is down 23.80 points or at 7561.20. About 913 shares have advanced, 1645 shares declined, and 96 shares are unchanged. Foreign institutional investors to get tax-breaks to entice them to move back from Mauritius.
Jul 10, 2014 at 11:50 | Source: CNBC-TV18
In between the Finance Minister took a 5-minutes break before resuming to read out the Budget speech. Some more measures that will be good news for real estate players: Rs 4,000 crore for affordable housing via National Housing Bank; slum development to be made part of corporate social responsibility (CSR) spend.
Jul 10, 2014 at 09:50 | Source: CNBC-TV18
HDFC, Coal India, Hindalco, Tata Power are top gainers in the Sensex. Among the losers are M&M, Dr Redd's Labs, DRL and Cipla. The downtrend may continue for some more time, the Nifty could break 7500 level as the government may not be able to meet all (high) expectations in this Budget, say experts.
Jun 10, 2014 at 20:34 | Source: CNBC-TV18
The upcoming Budget may bring good news for the cash-strapped realty sector. Sources say North Block is actively mulling tax breaks for real estate investment trusts or REITs.
May 13, 2014 at 08:54 | Source: Reuters
The two companies are working toward a deal announcement as soon as within the next two weeks and hammering out final terms such as whether to have a break-up fee in place, the person said, asking not to be named because the matter is not public.
Dec 18, 2013 at 09:42 | Source: Firstpost.com
It does not mean M Karunanidhi is about to seek an entry into the NDA under Narendra Modi, the smell of defeat that hangs around the Congress party is driving away allies, giving the BJP hope for 2014.
May 06, 2013 at 16:56 | Source: CNBC
April just wasn`t meant to be the month for the dollar to push decisively above 100 yen. Perhaps May will be, given hopes of stronger US economic news after Friday`s upbeat payrolls data, currency analysts said.
Feb 28, 2013 at 13:53 | Source: PTI
Finance Minister P Chidambaram today raised tax deduction limit by Rs 1 lakh for the first time home buyers to promote the housing sector.