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Breaking News Fri, 25 Jul 2014
The Union Minister for Finance, Corporate Affairs and Defence, Shri Arun Jaitley at the inauguration of the 30th Annual Conference of Principal Chief Commissioners, Principal Director Generals, Chief Commissioners and Director Generals of Income Tax, in New Delhi on July 21, 2014.
(photo: PIB of India)
Revenue collection expected to exceed target this fiscal: Jaitley
The Hindu
After missing target in the last financial year, the government on Monday exuded confidence that tax collection during the current fiscal would exceed budget estimate of Rs. 13.64 lakh crore. | “Revenue collection targets fixed for 2014-15 will not only be achieved but also surpassed,” F...
Opposition Bharatiya Janata Party (BJP) leader and India's next prime minister Narendra Modi greets the gathering at the home of his 90-year-old mother in Gandhinagar, in the western Indian state of Gujarat, Friday, May 16, 2014.
(photo: AP / Saurabh Das)
India under Modi may be best emerging market turnaround story: Nomura
The Hindu
Japanese brokerage Nomura today said India may become the biggest turnaround story among emerging markets in five years, given the decisive mandate received by the pro-growth Modi government and the Reserve Bank’s actions. | “The landslide election victory by Prime Minister Narendra Modi...
Cash-starved Palike spends Rs 23L for four-minute theme song
Deccan Herald
The financially ‘ailing’ Bruhat Bangalore Mahanagara Palike (BBMP) has spent a whopping Rs 23.6 lakh on the making of a 4-minute theme song and a short documentary film to promote Namma Bengaluru, Nanna Koduge (My contribution to our Bang...
India seeks 'visible outcomes' at WTO
The Himalayan
   | Added At:  2014-07-25 9:55 PM |    Last Updated At: 2014-07-25 9:55 PM | The Himalayan Times - Saved Articles(s) | The headlines has been added to your saved article(s) | To View your saved article(s)please Click He...
India threatens to derail WTO deal, prompts angry US rebuke
The Guardian
By Frank Jack Daniel and Tom Miles | NEW DELHI/GENEVA (Reuters) - India threatened on Friday to block a worldwide reform of custom rules, which some estimates say could add $1 trillion to the global economy and create 21 million jobs, prompting a U.S...
Modi means growth but there will be no free ride
Financial Times
As Narendra Modi, India’s new prime minister, gets his feet under his desk in New Delhi, it seems everyone is optimistic about the country’s prospects. That includes Ravneet Gill, chief executive of Deutsche Bank in India. | Modi won this...
India seeks 'visible outcomes' on food subsidies as WTO deadline looms
The Times Of India
NEW DELHI: India will find it difficult to support new global customs rules without "an assurance and visible outcomes" that a permanent solution is being negotiated over its concerns about public food stockholdings, the trade minister said on Friday...
India's new government promises low and stable tax regime for economic revival
NEW DELHI (Reuters) - India's new government pledged on Friday to pursue a low, stable and simple tax regime as it looks to win back investor confidence and spur economic activity, both of which have nosedived due to mounting tax disputes. | A strugg...
British Chancellor of the Exchequer George Osborne watches Britain's Prime Minister David Cameron, during a news conference at the end of the G20 nations summit in Toronto, Canada, Sunday June 27, 2010.
AP / Lefteris Pitarakis
Hague and Osborne visit Indian PM
Belfast Telegraph
Foreign Secretary William Hague and Chancellor George Osborne will today set out to forge links with the new Indian government of prime minister Narendra Modi as they seek to stren...
Wait not long to get black money back: Arun Jaitley
Headlines India
New Delhi, July 25: Finance Minister Arun Jaitley Friday said Prime Minister Narendra Modi government was moving fast on bringing back the ill-gotten money stashed away by Indians in tax havens abroad. | "I can assure that you don't have to wait for ...
India's Finance Bill passed by Lok Sabha
Headlines India
New Delhi, July 25: The Lok Sabha Friday passed the Finance Bill, 2014 by a voice vote with which the legislative proposals notably on direct and indirect taxes proposed in the national budget for this fiscal can now become effective formally. | The ...
Novartis India Q1 net profit up 3% at Rs 14.31 crore
The Times Of India
NEW DELHI: Drug firm Novartis India today reported a 3.17 per cent rise in its standalone net profit to Rs 14.31 crore for the quarter ended June 30, 2014. | The company had posted a net profit of Rs 13.87 crore for the corresponding period of the pr...

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