Shell keen to lease Mangalore strategic oil storage| Reuters
Sep 04, 2015 at 02:30 | Source:
NEW DELHI Royal Dutch Shell(RDSa.L) is in talks to lease India's new strategic oil caverns at Mangalore on the country's southwest coast, two sources said, giving it increased storage in a market where oil demand is increasing.A decision on the Manga...
France offers new farm aid as 1,500 tractors hit Paris streets| Reuters
Sep 03, 2015 at 23:46 | Source:
PARIS France offered its farmers additional financial help on Thursday including tax rebates and investment aid after they drove 1,500 tractors onto the streets of Paris to protest against falling incomes and rising costs.French farmers, struggling w...
RBI to consider deflation while deciding interest rates: Sinha
Sep 03, 2015 at 22:31 | Source:
strong>New Delhi: The Reserve Bank will take into account the domestic and global deflationary trend and take appropriate action on interest rate, Minister of State for Finance Jayant Sinha said today."We have to be very mindful and watchful ...
Relief rally: Sensex ends 311 points higher after a three session crash
Sep 03, 2015 at 16:32 | Source:
Bears for once took a backseat as key domestic share indices regained some of its lost ground after the recent slump, with investors resorting to short-covering in the recently beaten-down scrips helping the benchmark Sensex to edge past the 25,800-m...
Angry French farmers stage 1,000-strong tractor protest in Paris
Sep 03, 2015 at 13:53 | Source:
Paris: More than 1,000 tractors and a few cows descended on Paris on Thursday in a boisterous protest by farmers who blocked highways to express their anger over falling prices for their goods and high taxes.They're facing increasingly slim margins...
Sensex soars nearly 300 pts on short-covering, US markets recovery
Sep 03, 2015 at 10:41 | Source:
Domestic equities bounced back sharply in early Thursday trade, with benchmark Sensex edging past the 25,700-mark and soared nearly 300 points mainly aided by strong buoyancy in the overnight US markets.Recovery in broader market sentiment prompted i...
Swiss freeze millions amid investigations of Malaysian fund| Reuters
Sep 02, 2015 at 23:16 | Source:
ZURICH Swiss authorities said on Wednesday they had frozen funds in Swiss banks amid investigations of Malaysia's troubled state investment fund, 1Malaysia Development Berhad (1MDB), on suspicion of corruption and money laundering. Both Swiss and Mal...
Last date for e-filing of I-T return extended to 7 Sep
Sep 02, 2015 at 21:37 | Source:
New Delhi: The government today extended the last date for e-filing of Income Tax return by a week to 7 September.The government had received various representations that tax payers have faced difficulties in e-filing of returns across the country du...
Why GST may not be worth the heartburn; govt should hasten slowly on it
Sep 02, 2015 at 20:59 | Source:
It is time for a mea culpa from me. Thus far, I have been a supporter though muted of the goods and services tax (GST), touted as the single biggest tax reform of this decade. I have now come to believe that we may have been sold a pup by corporate...
Reinvent, update, be sensible: A survival guide for trade unions
Sep 02, 2015 at 17:59 | Source:
Mumbai: The nationwide strike called by trade unions on Wednesday across sectors has paralysed critical services, including normal banking operations.The strike has been called by the trade unions to press their 12 demands and despite assurance from ...
Missed 31 August returns filing deadline? Now face these consequences
Sep 02, 2015 at 13:57 | Source:
In case you did not know, 31 August was the deadline to file your income tax returns for assessment year 2015-16. And if you knew about such a deadline only now,in all likelihood you havemissed the deadline. That means you need to know a few things.H...
Sensex jumps over 200 pts, snaps 2-day losing streak on MAT booster
Sep 02, 2015 at 11:11 | Source:
Gaining optimism in early Wednesday trade, local shares reversed the two-day losing streak on the back of short-covering after the government accepted recommendation of a high level panel that minimum alternate tax (MAT) should not be imposed on over...
Govt accepts AP Shah panel report, says no retrospective MAT on FIIs
Sep 01, 2015 at 20:51 | Source:
New Delhi: In a big relief to FIIs, the government today accepted recommendation of a high level panel that minimum alternate tax (MAT) should not be imposed on overseas portfolio investors retrospectively.Finance Minister Arun Jaitley said the panel...