Business And Economy

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The National Advisory Council, headed by Sonia Gandhi, recommended to the government to grant differential legal entitlement of foodgrains to nearly 800 million people through a reformed PDS network

The Finance Minister, Mr Pranab Mukherjee, on  released the first ever ‘Budget Manual' for the Central Government. The manual is a compendium of procedures relating to budget making and outlines

The government had introduced eight new services in the Budget liable to service tax from July 1, 2010. It would be pertinent to relook at what these are: 1) Services of promoting, marketing, or org

A windfall for taxpayers from the next financial year. You will in fact have to pay less Direct taxes in every slab of income. This comes with the Cabinet clearing the Direct tax code.The much-await

India’s most ambitious project to issue an unique identification number to all its citizens got off to a start with the Prime Minister, Dr. Manmohan Singh handing over the first UID Number ‘7824

New U.N. index builds up fuller picture of poor lives; Madhya Pradesh ‘comparable to Congo.' There are more poor people in eight states of India than in the 26 countries of sub-Saharan Africa, a s

The Reserve Bank of India's Annual Report, a statutory publication issued by the bank's board, for 2009-10, was released.Analysing the broad economic and financial trends in the post-crisis period, t

Indian Railways today "smoothly" migrated to a five digit number scheme to monitor movement of passenger trains more effectively and facilitate management of train information scientifically for pub

The Centre has declared the port at Port Blair, the capital of Andaman & Nicobar Islands, a major port under the Indian Ports Act, 1908, with effect from June 1, 2010, making it the 13th major p

“The Cabinet decided to amend the Payment of Gratuity Act, 1972 to enhance the gratuity limit for employees working in the private sector with no tax liability,” highly placed sources told Decca

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