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Finance Minister Jaitley not in support of burdening salary class said pre Budget

Tomorrow, in yet another Union Budget for 2015-16 Arun Jaitley Finance Minister has often said that he is not in support of further burdening salaried and middle class with more taxes, raising expectations of tax payers in Union Budget. Expectations of tax relief are high because Mr Jaitley’s first Budget led to tax savings of […]

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Japanese companies in India predicts 13 % rise

With government’s efforts to provide ‘ease of doing business’, the number of Japanese companies in India has increased by 137 in last one year, marking a 13 % rise over the previous year. Total number of Japanese companies registered in India now is 1209 against 1072 as in October 2013, as per official figures. Number […]

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Indian Forex reserves hits new record high at USD 333 billion

With Indian economy getting boost, India’s foreign exchange reserves have reached  a fresh high, rising by USD 2.956 billion to USD 333.169 billion in the week to February 13, helped by a healthy rise in foreign currency assets. In the previous week, the reserves had increased by USD 2.329 billion to USD 330.213 billion. The […]

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Parliament’s Budget session to be stormy, Opposition to give tough time to govt on Ordinances

On Monday, Parliament’s budget session is expected to be a stormy affair with the Prime Minister Narendra Modi dispensation facing the tough task to ensure passage of six bills replacing Ordinances in the face of stiff opposition in the Upper House.

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Fuel prices up with effect from Sunday; Petrol up by 82 paise per litre

On Sunday, Petrol price was raised by 82 paisa per litre and diesel by 61 paisa, reversing the declining trend of last six months. Petrol and diesel price hike, which was effective from Sunday night, is the first increase since August 2014 and follows firming of oil prices in the international market. Prior to today’s […]

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PM Modi inaugurates GE’s multi modal manufacturing facility at Pune

Today, Prime Minister Narendra Modi at the inauguration of GE’s multi modal manufacturing facility in Chakan, Pune. On the occasion, PM Modi said World is taking note of India’s economic growth. Government is working towards predictability in policies and laws Global technology and talent of Indian youth can together create a win-win situation Government working to […]