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Nifty touches 5,350 in special trading session

Nifty touches 5,350 in special trading session

The Nifty was moving in a range with positive bias in the special trading session on the back of gains in pharmaceuticals, metals and auto sectors. The stock exchanges are…

I-T dept promises refund in three months

I-T dept promises refund in three months

The Central Board of Direct Taxes (CBDT) on Thursday said it has reduced the time period for tax refunds to three months and would take steps to release arrear payment…

Axis Bank offers home loans EMIs waiver

Axis Bank offers home loans EMIs waiver

The third largest private sector lender Axis Bank today launched a home loan product with a built-in EMI waiver scheme under which the bank will write off the last 12…

Investment norms for insurers may be eased

Investment norms for insurers may be eased

The Finance Ministry is looking at the possibility of relaxing norms for insurance companies to attract more funds for the infrastructure sector as part of efforts to prop-up the sagging…

IRDA approves PNB-MetLife Insurance deal

IRDA approves PNB-MetLife Insurance deal

Amid reports that Muslims find it difficult to buy homes in housing societies in the state, a number of real estate developers are offering housing schemes exclusively meant for Muslims.…

NCR board approves Greater Noida master plan

NCR board approves Greater Noida master plan

In good news for flat buyers in Noida Extension , the National Capital Region Planning Board on Friday gave its approval to the Draft Master Plan for Greater Noida-2021. “All…

Direct Taxes Code needs a fresh look, says Chidambaram

Direct Taxes Code needs a fresh look, says Chidambaram

Finance Minister P Chidambaram on Tuesday said that the Direct Taxes Code (DTC), initiated by him during his earlier tenure, needed a fresh look. After a meeting with top officials…

File tax returns by Aug 31 to avoid penalty

File tax returns by Aug 31 to avoid penalty

The Central Board of Direct Taxes (CBDT) had extended the due date of filing of returns of income for the Assessment Year 2012-13 to 31st August 2012 because of “disturbance…

More mortgage woes ahead for millions

More mortgage woes ahead for millions

Hundreds of thousands of Santander borrowers got a shock this week through the post. The Spanish-owned lender wrote to an estimated 300,000 mortgage customers on its standard variable rate to…

Supreme Court to hear Novartis patent case from Sept 11

Supreme Court to hear Novartis patent case from Sept 11

    The Supreme Court will hear final arguments from in a key patent dispute between Swiss drugmaker Novartis and India’s patent office September 11. The hearing, which is expected…