Aug 25, 2014 at 16:19 | Source: Moneycontrol.com
CARE Ratings has come out with its report on RBI's annual report 2013-14. According to the rating agency there are signs of a pick-up in the economy. "GDP growth will range between 5.2-5.5% and a clear view will emerge when the impact of monsoon on kharif crop is obtained", says the report.
Aug 19, 2014 at 15:59 | Source: PTI
Indian steel consumption grew by just 0.6 percent in 2013-14 fiscal, its lowest in four years, to 73.93 million tonnes (MT), mainly impacted by a slower expansion of the domestic economy and lower imports.
Jul 20, 2014 at 17:37 | Source: PTI
It said that Rs 62,543 crore was pending at the end of March 2011, Rs 70,572 crore at the end of March 2012 and Rs 1,02,581 crore at the end of March 2013.
Jul 14, 2014 at 09:31 | Source: Moneycontrol.com
According to PwC, up to USD 770.4 million of import duties could have been foregone by the Government of India in 2013 due to the differential in duties between refined gold and unrefined gold dor.
Jul 11, 2014 at 10:34 | Source: CNBC-TV18
The Budget has proposed raising exemption limit from Rs 1 lakh to Rs 1.5 lakh. There were little over 3.5 crores tax assesses in India in 2013. That means tax payers would have to invest up to additional Rs 175,000 crore to avail this benefit. That's a whooping amount that could be invested in various financial instruments.
Jul 10, 2014 at 16:32 | Source: CNBC-TV18
Hindalco and Tata Power were up 3 percent each while GAIL, Coal India and HDFC were top gainers in the Sensex. Among the losers were Hero Moto, TCS, M&M, SBI and Bharti Airtel. Eventually, Jaitleys Budget did not score high on specific action plans.
Jul 10, 2014 at 15:24 | Source: Moneycontrol.com
A section of the market feels that FM Arun Jaitleys target of 19.7 percent growth in tax revenues for FY15 may appear ambitious, considering that monsoons could be below average, and the economy is still not showing clear signs of recovery. But that may be taking too cynical a view.
Jul 10, 2014 at 15:20 | Source: Moneycontrol.com
We truly applaud the Governments delivery of its pro-tourism strategic vision via the Budget 2014 announcement of eVisas at 9 key airports- at once bringing Destination India into the spotlight, as also creating an immediate window of opportunity for the upcoming inbound season.
Jul 10, 2014 at 15:16 | Source: CNBC-TV18
Hero Moto is down 4 percent while TCS, Bharti, SBI and ICICI Bank are major losers in the Sensex. Arun Jaitleys Budget can be likened to a soccer match that turned dramatically in the second half, judging by the market reaction. The Finance Minister had asked for a five-minute breather midway into his speech, and was granted that by the Speaker.
Jul 10, 2014 at 15:07 | Source: CNBC-TV18
Arun Jaitleys Budget can be likened to a soccer match that turned dramatically in the second half, judging by the market reaction. The Finance Minister had asked for a five-minute breather midway into his speech, and was granted that by the Speaker.