Oct 23, 2013 at 21:09 | Source: PTI
Passenger fares were hiked by about two percent on October 7, the second time in the current fiscal, as railways decided to link the fare with fuel adjustment component (FAC). The fare was hiked by about 20 percent earlier in January and later on reservation fee and superfast surcharges were increased from April this year.
Oct 18, 2013 at 08:45 | Source: Reuters
The Federal Reserve will likely defer any decision to trim its massive bond buys until at least December. Economists said the tapering could be delayed until early 2014 as the US recovers from the impact of the government shutdown.
Oct 03, 2013 at 16:22 | Source: PTI
According to the budget proposal, the fuel component is segregated from tariff as FAC. Railways is expected to revise the passenger and freight tariff in every six-month after taking into account the input cost and the prevailing market condition.
Sep 30, 2013 at 14:56 | Source: CNBC-TV18
The railways have decided to levy 15 per cent busy season charge on all commodities including cement, chemical manure, food grains, iron ore and coal.
May 06, 2013 at 17:27 | Source: PTI
The government has no plans to take the Ordinance route to implement the UPA government's ambitious National Food Security Bill, in case it fails to ensure its passage in the current session of Parliament that has been marred by frequent disruptions.
Apr 30, 2013 at 14:39 | Source: Moneycontrol.com
The Lok Sabha has passed the FY14 Finance Bill. The House has also passed FY14 Budget Demands for Grants, Railway Budget and Budget Appropriation Bill.
Mar 31, 2013 at 21:58 | Source: PTI
Travelling in trains is set to become costlier from tomorrow as the hike in reservation fee and superfast charges announced in the Rail Budget come into effect from April 1.
Mar 28, 2013 at 16:49 | Source: personalfn.com
Faced with intractable fiscal deficit situation, Finance Minister, in Union Budget 2013-14, has tried to pull out all the stops to bolster up revenue by plugging loopholes in taxation. However, this has resulted in some of most popular investments avenues losing their appeal. Read this space to know how it will impact investors.
Mar 25, 2013 at 13:11 | Source: CNBC-TV18
In Budget 2013 FM announced 18 percent hike in excise duty on cigarette. There is an effective VAT rate increase from 20-24 percent for FY14. To offset these impacts ITC will have to undertake 20 percent hike in its price.
Mar 23, 2013 at 13:16 | Source: Moneycontrol.com
While budget increased DDT on debt investment and announced measures for fiscal control, RBI followed it with reducing interest rates. Both these decisions had an impact on Fixed Income assets. Since we are very close to end of financial year, it will be a good time to restructure our investments before the budget provisions becomes applicable.