India's top policy forum meets Saturday amid farm sector woes
New Delhi, July 22: Prime Minister Manmohan Singh will Saturday preside over a meeting of the National Development Council (NDC), the country's top policy forum, for a mid-term review of the 11th Five
Vegetable prices fall; food inflation down to 12.47 pc
New Delhi, July 22: Annual food inflation fell to 12.47 per cent for the week ended July 10 from 12.81 per cent in the previous week on back of decline in prices of vegetables, especially potato and o
Goods to be taxed at 6-10 pc, Services at 8 pc: Pranab
New Delhi, July 21: Finance Minister Pranab Mukherjee Wednesday said the country can have two goods and services tax (GST) effective from April 1, 2011.
He proposed a dual rate structure during the f
Bill to replace ULIP ordinance soon: Finance Secretary
New Delhi, July 20: Amid the Reserve Bank expressing reservations over the ULIP ordinance, the Finance Ministry today said a bill to replace the ordinance would be placed in the forthcoming session of
New index for measuring inflation from next month likely
New Delhi, July 20: The government is likely to use a new index for measuring inflation from next month, Industry Secretary R.P. Singh said Tuesday.
"We are in the process of seeking formal approval
Reliance ups ante against oil min, refuses to obey its order
New Delhi, July 20: Upping its ante against the oil ministry, Reliance Industries has refused to give natural gas to new customers by cutting supplies to power and fertiliser plants saying the ministr
'India to spend $80 bn on defence acquisitions by 2015'
New Delhi, July 20: India's defence spending is expected to touch about $80 billion over the next five years, creating opportunities for global aerospace and defence (A&D) companies, says consulting f
Govt may reduce import duty on natural rubber
New Delhi, July 19: The government today said it is considering cutting import duty on natural rubber, a long pending demand of tyre manufacturers.
"Yes, I have seen requests ... we are thinking abou
I will be happy with 8.5 pc plus growth, says Pranab
New Delhi, July 19: Refusing to swayed by the IMF's growth projection of around 9.5 per cent for 2010, Finance Minister Pranab Mukherjee today said he would be happy if the economy clocks a growth rat
ONGC submits viability report of 9 gas blocks
New Delhi, July 19: Oil and Natural Gas Corporation has told oil regulator DGH that its KG basin block may hold about 3 trillion cubic feet of gas reserves from which it plans to produce 25-30 million