Top bankers say more optimistic on euro crisis Some of the world's top bankers are increasingly hopeful that the euro zone's debt crisis can be resolved and confident of a deal to ensure Greece's ...
Vodafone says India tax victory boosts IPO chances Vodafone chief executive said the company's victory in a $2.2 billion legal battle against tax authorities in India would help pave the way for a li...
House panel bats for mandatory CSR A parliamentary panel has stuck to its position to make it mandatory for companies to spend a portion of net profit on corporate social responsibilit...
Greek debt talks resume as policy makers squabble European finance ministers and private bond holders seek an early solution as costs up postponing a solution is high. Talks on a debt swap to avert a...
Sharp spending cut to spare only flagship schemes Gross budgetary support (GBS) or the budget outlay for the central Plan is likely to see only modest growth in 2012-13 as against 18% in the current ...
Banks? plan to increase TDS threshold nixed The finance ministry has rejected a proposal from banks to enhance the threshold for mandatory tax deduction at source (TDS) on interest earned by de...
Import duty on thermal coal may go Its tight fiscal position notwithstanding, the government may withdraw import duty on thermal coal to soften the impact of the high global prices on ...
Crude oil gains for second day in a row Crude oil rose for a second day on Thursday in New York on speculation that Federal Reserve plans to keep US interest rates near a record low will bo...
No relief likely for branded apparel in Budget Despite hectic lobbying by both the Industry and the Textile Ministries, branded garments are unlikely to get relief in the coming Budget. The Financ...
Minimum pension under EPF to be hiked to R1,000 The government is likely to increase the minimum pension for subscribers of the Employees? Provident Fund (EPF) scheme to R1,000. According to labour...
In historic shift, Fed sets inflation target The U.S. central bank, in its first ever "longer-run goals and policy strategy" statement, said an inflation rate of 2 percent best aligned with its ...
Japan to inject $12.9bn into Tepco Japan?s government will inject Y1,000bn ($12.9bn) of fresh capital into Tokyo Electric Power (Tepco), owner of Fukushima Daiichi nuclear power plant,...
Japan to inject $12.9bn into Tepco Japan?s government will inject Y1,000bn ($12.9bn) of fresh capital into Tokyo Electric Power (Tepco), owner of Fukushima Daiichi nuclear power plant,...
India raises Rs 130 bn via debt sale - RBI India sold Rs 130 billion ($2.6 billion) of bonds on Friday and the Reserve Bank of India set cut off price of Rs 98.96, yielding 8.3705 per cent on ...
