Monday, November 29, 2010

Major tax changes unlikely in Budget

Major tax changes unlikely in Budget


Major tax changes unlikely in Budget

Posted: 29 Nov 2010 05:04 PM PST

Finance minister Pranab Mukherjee is unlikely to go for any major changes in direct taxes when he presents the Budget in February.

Sensex dives 169 points on profit-booking

Posted: 29 Nov 2010 08:22 PM PST

The Bombay Stock Exchange benchmark Sensex tanked by almost 169 points in the opening trade today, on profit-booking and a weak trend in Asia.

RBI takes step to ease liquidity for banks

Posted: 29 Nov 2010 05:09 PM PST

To ease the cash crunch in the financial system, RBI on Monday allowed banks to maintain lower investment level in government bonds.

Agro Tech to promote Emu farming

Posted: 29 Nov 2010 04:46 PM PST

For those interested in doing business in breeding an exotic bird, whose eggs fetch an astonishing price and babies come for Rs 20,000 a pair, here is a chance for them to check out the Emu.

Ceat acquires brand rights from Pirelli

Posted: 29 Nov 2010 04:31 PM PST

In a bid to expand its international presence, RPG group-owned Ceat has acquired the global rights of brand Ceat from Italian tyre maker Pirelli for Rs 55 crore.

DIN: New number must to file returns

Posted: 28 Nov 2010 05:53 PM PST

Taxpayers will now have to procure a 'new number' for filing returns and making any communication with the Income Tax department.

Rupee ends down by 9p against dollar

Posted: 29 Nov 2010 08:02 AM PST

The rupee today lost nine paise to close at 45.93/94 against the dollar due to month-end demand for the US currency from importers.

Sensex rebounds up 268 pts led by RIL

Posted: 29 Nov 2010 03:42 AM PST

Snapping its 4-day weak trend, the Bombay Stock Exchange benchmark Sensex today shot up over 268 points as investors judged the recent fall excessive in view of the sound economic growth outlook and a firm global trend.

'Govt to decide on Cairn-Vedanta deal by Feb-end'

Posted: 28 Nov 2010 11:16 PM PST

The government will decide on giving approval to the $9.6 billion Cairn-Vedanta deal by February-end, Oil Secretary S Sundareshan has said today.

Indian Tourists Flood Foreign Shores

Posted: 28 Nov 2010 05:43 PM PST

It's easy to figure out why international tourism boards are queueing up at India's doorstep to offer exotic locales to Indians willing to spend lavishly and explore the unusual.

Sensex dives 169 points on profit-booking, weak Asian trend

Posted: 29 Nov 2010 08:22 PM PST

The Bombay Stock Exchange benchmark Sensex tanked by almost 169 points in the opening trade today, on profit-booking and a weak trend in Asia.

NY trial opens in Goldman secret trading code case

Posted: 29 Nov 2010 03:27 PM PST

More than 18 months after US prosecutors charged computer programmer Sergey Aleynikov with stealing speed-trading code from Goldman Sachs, Wall Street's most influential bank, a jury was selected on Monday to hear the complex trial evidence.

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