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Uttar Pradesh hikes VAT by 0.5 per cent

Uttar Pradesh hikes VAT by 0.5 per cent

The Uttar Pradesh government has hiked the value added tax (VAT) by 0.5 per cent, a move which will make ACs, refrigerators and other such goods costlier. The decision was…

Parliament stalemate enters Day 10, Houses adjourned

Parliament stalemate enters Day 10, Houses adjourned

The stalemate in Parliament over coal block allocations entered the tenth day on Tuesday as the Bharatiya Janata Party (BJP) persisted with its demand for resignation of Prime Minister Manmohan…

Manufacturing growth eases further, slips to 9-month low

Manufacturing growth eases further, slips to 9-month low

India’s manufacturing sector witnessed the weakest growth rate in nine months in August because of shrinking export orders and disruptions caused by power failures. The HSBC India Manufacturing Purchasing Managers’…

Economic growth slows to 5.5% in first quarter

Economic growth slows to 5.5% in first quarter

Showing persistent sluggishness, economy grew by 5.5 per cent in the April-June quarter this fiscal due to poor performance of manufacturing, mining and farm sectors. The gross domestic product (GDP)…

Parliament proceedings disrupted on Day 8 of logjam

Parliament proceedings disrupted on Day 8 of logjam

The Comptroller and Auditor General (CAG) report over coal block allocation continues to affect the proceedings of Parliament as both Houses were disrupted for the eighth day on Thursday. The…

Chidambaram hopeful on passage of GST Bill

Chidambaram hopeful on passage of GST Bill

Finance Minister P Chidambaram on Friday said that he is hopeful that the Constitutional Amendment Bill to implement the Goods and Services Tax regime (GST) will be passed by March…

Rupee trims initial loss against dollar; still down 14 paise

Rupee trims initial loss against dollar; still down 14 paise

    The rupee reduced some of its initial losses on Friday but was still down 14 paise at 55.40 against the dollar on demand for the American currency from…

Coalgate rocks Parliament for third day

Coalgate rocks Parliament for third day

Under opposition fire for two days, government on Thursday launched a counter-offensive on seeking to put BJP and the Left in the dock in Parliament over their suggestions in 2005…

Indian rupee gains 24 paise in early trade to 55.49

Indian rupee gains 24 paise in early trade to 55.49

The Indian rupee rose by 24 paise to trade at 55.49 against the American currency in early trade on Tuesday at the Interbank Foreign Exchange on continued dollar selling by…

Rajasthan extends support to FDI in multi-brand retail

Rajasthan extends support to FDI in multi-brand retail

After Delhi, Uttarakhand and Manipur, Rajasthan has also extended its support for the Centre’s decision to allow foreign direct investment (FDI) in the multi-brand retail, stating the move would improve…