Mar 20, 2015 at 14:48 | Source: PTI
Under the new regime, rules and regulations differ from those applicable outside these IFSCs. "GIFT in Gujarat was envisaged as IFC (International Finance Centre) that would actually become as good an IFC as Singapore or Dubai, which, incidentally, are largely manned by Indians. "The proposal has languished for years.
Mar 18, 2015 at 10:16 | Source: IBNLive.com
The Sony Xperia E4 Dual sports a 5-inch qHD display and at its heart is a 1.3GHz quad core processor. The smartphone runs on Android 4.4 KitKat OS and features a 5-megapixel rear camera and a 2-megapixel front-facing camera.
Mar 18, 2015 at 08:44 | Source: PTI
The state-run carrier, which is to receive Rs 30,000 crore equity from the government for 10 years, starting April 2012, as a part of its Turnaround Plan (TAP)and Financial Restructuring Plan, has been allocated Rs 2,500 crore funds for the next fiscal. "Air India Board discussed the budget for the next fiscal.
Mar 16, 2015 at 12:45 | Source: PTI
Pawan Goenka said that till now there was not much inventive in India for electric vehicles but the new government has earmarked in its annual Budget Rs 75 crore for faster adoption and manufacturing of electric vehicles in 2015-16.
Mar 16, 2015 at 08:44 | Source: IBNLive.com
In the final at St. Jakobshalle, the top seed defeated the Dane 21-15, 12-21, 21-14 in 47 minutes in their first career meeting. This is the first time an Indian male has won the title after compatriot Saina Nehwal clinched back-to-back women's singles crowns in 2011 and 2012.
Mar 14, 2015 at 14:17 | Source: PTI
A minister in the UK Treasury has said that the dispute surrounding the USD 1.6 billion tax bill imposed on Scottish oil major Cairn Energy by Indian authorities will not affect UK investor confidence in India.
Mar 12, 2015 at 18:55 | Source: Moneycontrol.com
The clamour for raising public investment is growing by the day, especially in railways. This gained further momentum post the government's economic survey which pegged railways multiplier effect at 5 or more, according to a Deutsche Bank report.
Mar 11, 2015 at 21:20 | Source: PTI
In Budget, Finance Minister Arun Jaitley had proposed infusing Rs 7,940 crore funds next fiscal in the public sector banks to enable them maintain adequate capital. "We don't have fiscal space and banks are adequately capitalised for the moment. There is no immediate need to raise funds from the market," Adhia said.
Mar 10, 2015 at 21:47 | Source: PTI
Some reforms in the Union Budget are positive. Things are going in the right direction," he said, talking to Media at a fashion show for the launch of Raymond Linen. On account of reforms, liquidity will improve, discretionary income in the hands of consumer will improve and that would increase people's spending capacity, he said.
Mar 10, 2015 at 19:27 | Source: PTI
The government had commissioned a study on estimation of unaccounted income and wealth inside and outside the country, conducted by National Institute of Public Finance and Policy (NIPFP), National Council of Applied Economic Research (NCEAR) and National Institute of Financial Management.