Finance Ministry is on a go to recover the fiscal deficit. As a part of this the government is planning to put back the excise duty cut on diesel. According to the data given by the oil ministry officials the government will be able to get a minimum Rs.35, 000 crore only by increasing the […]
PM Telang, managing director of the company’s India operations, said that Tata Motors is planning to launch 230 new showrooms for Nano car in the next 12 months. This ultra cheap car from TATA Mtors has bagged a great reputation from all over the country. Including Sri Lanka and Nepal, the natural export markets for […]
The BSE Sensex falls down for a second consecutive day on Thursday as the investors took profits on expiry of monthly derivatives amid concerns about high oil prices. BSE today closed down at 0.37%, or 66.75 points, at 18, 078.50, after climbing into positive territory for second time. 18 of its components declined. “The markets […]
According to a recent survey, India is least resilient about the global risks and threats in the global economy. India made a very little improvement in its economic status. Maplecroft, a research conducting company analyzed the data and reached to the conclusion that, India is standing at the 19th position in exposing and least pliant […]
Micro Small Medium Enterprise The MSME Ministry is considering enhancing the corpus towards innovation multi-fold to Rs. 2,500 crore to bring forth more innovative products in the sector, thereby increase competition in the international market. At present ministry provides Rs. 100 crore annually to micro, small and medium enterprises (MSME) for innovation, which includes testing […]
India’s gold future extending gains for the fifth session in a row, to the highest in more than five weeks, prompting physical traders to remain on the pipelines, dealers said. The most active gold for the month of April delivery on Multi Commodity Exchange was 0.52% higher at 28, 796 rupees per 10 grams, after […]
State owned Hindustan Petroleum Corporation Limited decided to import oil in double from Saudi Arabia from the next financial year and will minimize 14% import of oil from Iran. HPCL in 2012-13 has decided to import 3.5 million tons of crude oil from Saudi Aramco of Saudi Arabia against 1.75 million tons of oil bought […]
Bharati Airtel owned subsidiary Airtel M Commerce Services Limited (AMSL), today announced the plan to introduce airtel money – country’s first of its kind mobile wallet service by a mobile operator. Available across 300 key cities in India, Airtel Money is a fast, secure and simple money service that allows its users to load cash […]
