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indias-finance-minister-pranab-mukherjee

Union Budget 2012-13: Highlights

Finance Minister Pranab Mukherjee Friday presented the budget for 2012-13 in the Parliament. Here are the highlights of the budget.

Mar 16, 2012

President Pranab Mukherjee

Indian Economic Survey 2012-13: Summary

Indian economy is estimated to grow by 6.9% in 2011-12 mainly due to weakening industrial growth. This indicates a slowdown compared not just to the previous two years, when the economy grew by 8.4%, but also from 2003 to 2011, except 2008-9 economic downturn, when the growth rate was 6.7 percent.

Mar 15, 2012

Indian Budget 2012-13: What the Industry Expects from FM

The Government of India is scheduled to present the Union Budget for FY2013 on March 16, which is crucial for the economy and markets.

Mar 15, 2012

pranab-mukherjee

Volatility in Global Financial Markets Likely to Tighten Availability and Cost of Foreign Funding

Given the weak global economic prospects and continuing uncertainties in the international financial markets, the availability and cost of foreign funding for banks and corporate is likely to be negatively impacted, said Indian Finance Minister, Pranab Mukherjee in Lok Sabha Thursday.

Mar 15, 2012

dollar-bills-being-counted

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at 50.2225 rupees and the euro 65.5355 rupees.

Mar 15, 2012

Indian Stocks End Higher, Banking Shares Surge

Indian stock markets ended higher for the fourth day Wednesday, led by gains from banking and Capital Goods sector stocks.

Mar 14, 2012

kingfisher

Kingfisher to Curtail Overseas Operations, Vijay Mallya to Meet Pilots

Cash-strapped Kingfisher Airlines has reduced its flight schedule and has decided to curtail overseas operations.

Mar 14, 2012

dollar-bills-being-counted

RBI's Reference Rate for Dollar Today (Mar 14, 2012)

The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at 49.9030 rupees and the euro 65.0885 rupees.

Mar 14, 2012

dollar-bill

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Tuesday fixed the reference rate for the US dollar at 49.8450 rupees and the euro 65.6151 rupees.

Mar 13, 2012

Metals, Realty Drive Indian Stocks Rally; Natco Gains 1.6 Percent

Indian stock markets advanced for the third day on Tuesday, led by gains from Metal and Realty sector stocks.

Mar 13, 2012

Jet Airways

Service Tax Dept Freezes Jet Airways' Accounts

The Service Tax Department has come down heavily on the Jet Airways for non-payment of service tax dues amounting to about Rs 69 crore.

Mar 12, 2012

kingfisher-airlines

Kingfisher Airlines Pilots Stay Away from Work, Over 40 Flights Cancelled

Kingfisher Airlines hit an all time low Monday with over 40 of its flights being cancelled after the pilots stayed away from work over non-payment of their salaries.

Mar 12, 2012

dollar-bill

RBI's Reference Rate for Dollar on March 10, 2012

The Reserve Bank of India (RBI) on Monday fixed the reference rate for the US dollar at 49.9448 rupees and the euro 65.3999 rupees.

Mar 12, 2012

Jet Airways

Jet Airways: Tax Dept Issues Notice on Unpaid Dues, Threatens to Freeze Bank Accounts

Jet Airways could get into trouble like the debt-ridden Kingfisher Airlines, as the service tax department has served a notice to the Airlines to pay the dues or face similar consequences like that of the Kingfisher.

Mar 11, 2012

dollar-bills-being-counted

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Friday fixed the reference rate for the US dollar at 50.0150 rupees and the euro 66.1776 rupees.

Mar 9, 2012

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