Pawan Bali
Oil rate beyond control, says Centre
Rejecting immediate cut in petrol price, the government said Friday it would watch rupee movement and international crude prices for a “few days” before taking a decision on a rollback.
“We in the mi
Hysterical petrol high, historic Rs low
Public sector oil companies raised the petrol price on Wednesday by Rs 6.28 per litre, excluding local taxes, sending shock waves across the country. It is the biggest single hike in fuel prices.
Telcos lobby to axe Trai move
Top telecom bosses, including Bharti Airtel chief Sunil Mittal, Vodafone chief executive Vittorio Colao and Idea Cellular chairman Kumar Mangalam Birla met senior Union ministers and government officials on Wednesday to oppose Trai’s recommendations on 2G spectrum auction, including setting a high reserve price. Mr Mittal hit out at Trai, saying its recommendations were “flawed” and would “destroy” the telecom industry.
Telcos lobby to axe Trai move
Top telecom bosses, including Bharti Airtel chief Sunil Mittal, Vodafone chief executive Vittorio Colao and Idea Cellular chairman Kumar Mangalam Birla met senior Union ministers and government offi
ATR backlog beats CAG bid to flag aberrations
It seems that all the hard work done by Comptroller and Auditor General of India (CAG) to minutely assess accounts of various departments to flag aberrations comes to a knot. There is a huge backlog by various departments on what action they have taken on the reports tabled by CAG in Parliament.
IMF sees growth dip to 6.9%, says reforms vital IMF sees growth dip to 6.9%, says reforms vital
The International Monetary Fund has lowered India’s growth forecast to 6.9 per cent for 2012 due to the slowdown in investment in the country.
E-tax filing must for Rs 10 lakh-plus earners
The finance ministry has made it mandatory for people who have an annual income of over Rs 10 lakh to file their tax returns for 2011-12 electronically.
This has been done with a view to encouraging
Regulator asks IGL to slash CNG rate
Oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB) has asked the Indraprastha Gas Limited (IGL) to slash prices of CNG and piped cooking gas to households in Delhi as it has not agreed w
Gold traders end stir after FM assurance
Bullion traders and jewellers called off their 21-day strike on Friday after an assurance by finance minister Pranab Mukherjee and UPA chairperson Sonia Gandhi that their demand for a excise duty roll
Tough for other states to follow Goa example?
It may be difficult for other states to follow Goa’s example to cut VAT on petrol by Rs 11, according to analysts.
In India the VAT or sales tax on petrol and diesel varies from state to state. It is highest in Andhra Pradesh were the tax is around 33 per cent on petrol and 28 per cent on diesel.
