After Day Four of e-auctions for radio frequency spectrum or airwaves for telecom operators on Saturday, the government had a total commitment of Rs.86,000 crore in terms of highest bids from the eight companies in the fray over 24 rounds, an official statement said here....
The government stands to gain an additional Rs.12,600 crore on Day Three of the coal auction on Saturday, potentially swelling its kitty by nearly Rs.145,000 crore from the 19 rounds in the first tranche and the three rounds thus far in the second leg, as per the latest data....
The ambit of income tax needs to be increased to bring in more people within its fold besides widening the scope of taxing the super-rich category, according to a senior official....
Post-budget announcements and an unexpected lending rates cut by the apex bank, led a benchmark index of Indian equities markets to gain 87.45 points or 0.29 percent during the weekly trade ended March 5....
The Tara coal block in Chhattisgarh went to Jindal Power and the Dumri block in Jharkhand to Hindalco in the latest round of coal auctions held by the government on Saturday, officials said....
Mumbai, March 7 : India's foreign exchange reserves increased by $3.88 billion to $338.07 billion for the week ended Feb 27, Reserve Bank of India (RBI) data showed. The reserves had increased by $1.02 billion to $334.19 billion in the previous week (Feb 20). According to the RBI's weekly statistical supplement, foreign currency assets, the biggest component...
Tunis, March 6 : US President Barack Obama has said that the US would invest more than one billion dollars in the next generation...
Gold recycling fell to a seven-year low in 2014 and is expected to remain at low levels in 2015, a report here said....
The second unscheduled cut on Wednesday - within two months - in the repo rate at which the Reserve Bank of India (RBI) lends to commercial banks was not as unexpected as the first in January. ...
Mumbai, March 5 : A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Thursday was trading 84.05 points or 0.29 percent up as healthcare stocks gained. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading at 22.45 points or 0.25 percent up at 8,945.10 points. The Sensex of the S&P Bombay...
