Business
The undisclosed foreign income and assets bill 2015 has been passed in Lok Sabha. The bill, which provides for penalty and tax up to 120 percent along with criminal prosecution for those who have parked black money abroad, was passed in the Lower House of Parliament. Finance Minister Arun Jaitley, who moved the bill in […]
The Prime Minister, Narendra Modi at the launch of the three Social Security Schemes, “Pradhan Mantri Jeeven Jyoti Bima Yojana”, Pradhan Mantri Suraksha Bima Yojana”, and “Atal Pension Yojana”, at Nazrul Manch, in Kolkata on May 09, 2015. The Governor of West Bengal, Shri Keshari Nath Tripathi, the Chief Minister of West Bengal, Kumari Mamata […]
Total investor wealth today plunged by Rs 2.89 lakh crore to slip below the crucial Rs 100 lakh crore mark after a bloodbath in the stock market where the benchmark Sensex nosedived 723 points. Tracking the extreme weak stock market sentiment, the total investor wealth of BSE-listed companies plummeted by Rs 2.89 lakh crore to […]
In an early trade today the benchmark BSE Sensex rallied over 291 points at 27,302.63 after a long weekend on fresh buying by participants as the May series in derivatives segment began amid positive Asian cues. The 30-share index, which had lost 385.07 points in the previous two sessions, gains 291.32 points, or 1.08 per […]
Seeking to calm investor jitters, Finance Minister Arun Jaitley on Thursday offered tax relief to FIIs by exempting some of their income from MAT and announced that an “extremely simplified” income tax return form will soon replace the controversial 14-page ITR that sought details of all bank accounts and foreign trips. Replying to the debate […]
Japan on Wednesday proposed a new Joint Working Group to discuss civil nuclear cooperation as its Minister of Economy, Trade and Industry Yoichi Miyazawa came here along with a delegation of top business leaders who are set to invest USD 3 billion in India in immediate future. Miyazawa made the offer when he met Prime […]
The Gujarat Isolated Fields Natural Gas Consumer Industries Association (GIFNGCIA) appreciates the central government’s move to revise the Pricing guidelines of Natural Gas Produced from Small Isolated Fields effective from April 1, 2015. With this move, once again enabled existing units renew the gas contracts and use the gas from such fields as they used […]
The benchmark BSE Sensex surged by 158 points in late morning trade on Tuesday on bouts of value-based buying in key bluechip stocks. The stock market witnessed low-level value-based buying in scrips of oil & gas, banking, realty, auto and metal sectors ahead of monthly expiry in the derivative segment for April series on Thursday […]
Today in Ahmedabad, Mr. Geoff Wain, British Deputy High Commission meets Gujarat Chief Minister Anandiben Patel. CM thanked British government for opening new office at Ahmedabad and expressed that this will boost bilateral relations and mutual co operation as well. Dy British Commision had visited during recent Vibrant summit 2015.UK minister lord livingston declared to […]
The benchmark BSE Sensex rose over 97 points in early trade today after sentiments were bolstered on the back of Reliance Industries’ encouraging fourth quarter earnings announced last week. The 30-share index, which had lost 602.34 points in the previous three sessions, recovered by 97.36 points, or 0.34 per cent, at 28,539.46, with stocks of […]
