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NEW DELHI: The Index of Industrial Production (IIP) for February grew at a robust 5% versus a contraction of (-)2% in February last year. This is its fastest pace in nine months, mainly driven by growth in capital goods and consumer goods sectors. The April-February IIP stands at 2.8% versus (-)0.1% YoY....

HYDERABAD: Rural Electrical Corporation (REC) Limited, a Government of India Enterprise, would fund the Telangana State Power Generation Corporation (TSGENCO)...

NEW DELHI: Income Tax Department today slapped a Rs 10,247 crore ($1.6 billion) tax demand on Cairn Energy Plc, which termed the action as “very disappointing” and said it would contest the order. The tax demand relates to an alleged Rs 24,500 crore worth capital gains it made in 2006 while transferring all its India assets to a new company, Cairn India, and...

NEW DELHI: Government has got commitments of Rs 86,000 crore from telecom players at the end of fourth day of spectrum auction — crossing the targetted...

New Delhi, Feb 28 (IANS) Not changing the income tax rates or increasing the exemption limits for individuals, union Finance Minister Arun Jaitley Saturday...

Live Rail Budget 2015: Union Railways Minister Suresh Prabhu on Thursday presented the Rail Budget 2015 sparing Indian passengers from any hike in train...

Ravi Gururaj (left), Chairman, Nasscom Product Council (left) and R. Chandrashekhar, President ref-google India is the fastest growing and third largest...

New Delhi: Monday released eight names against whom it has started prosecution for allegedly stashing black money in foreign banks. Pradip Burman (former director, Dabur India Limited) and Pankaj Chimanlal Lodhiya (chief promoter of Rajkot-based Shreeji Trading Company) are the Indians named in an affidavit filed by the government in the Supreme Court. Goa-based mining...

DLF shares fall over 25 % on SEBI’s 3-year ban order DLF shares fall over 25%ref-google The stock fell by 24.5 per cent to its 52-week low level of Rs....

5.52 Crore Accounts Opened in jan dhan yojana ref-google New Delhi: The Finance Ministry said on Friday that 5.52 crore bank accounts have been opened...