Business News

Last updated: Saturday, August 23, 2014 9:44:03 PM

Railways freight earning grew by 14.72 percent in July
New Delhi, Aug 21 (IANS) Indian Railways Thursday reported an increase of 14.72 percent in its revenue from transporting freight during July, which stood at Rs.7,909.35 crore from Rs.6,894.61 crore earned during the corresponding period of last fiscal.

Thursday, August 21, 2014 1:56:19 PM

Sensex trades in red; metal stocks down
Mumbai, Aug 21 (IANS) A benchmark index of Indian equities markets was trading in the red, wiping out initial gains made during early hours of trade Thursday.

Thursday, August 21, 2014 1:42:14 PM

Sensex trades flat; metal stocks down
Mumbai, Aug 21 (IANS) The benchmark index of the Indian equities market was trading flat in the early morning trade session Thursday, led by a fall in metals and healthcare stocks.

Thursday, August 21, 2014 10:36:16 AM

CCEA approves increase in minerals royalty rates
New Delhi Aug 20 (IANS) The Cabinet Committee on Economic Affairs Wednesday approved the long-pending increase in royalty rates of minerals.

Wednesday, August 20, 2014 11:42:18 PM

RIL to source ethane annually from US
Mumbai, Aug 20 (IANS) Mukesh Ambani-led Reliance Industries Ltd. (RIL) Wednesday announced plans to source 1.5 million metric tonnes of ethane a year from the US to attain feedstock supply for its crackers.

Wednesday, August 20, 2014 11:30:05 PM

CCEA approves increase in minerals royalty rates
New Delhi, Aug 20 (IANS) The Cabinet Committee on Economic Affairs Wednesday approved an increase in royalty rates of minerals, Telecommunications and IT Minister Ravi Shankar Prasad told reporters after the meeting.

Wednesday, August 20, 2014 9:14:08 PM

Cabinet approves 1,836 mobile towers for Naxal-affected areas
New Delhi, Aug 20 (IANS) The Cabinet Committee on Economic Affairs Wednesday approved installation of 1,836 new base transmission mobile phone towers worth Rs.3,216 crore for better telecom connectivity in the Left-wing extremism (LWE) -affected areas.

Wednesday, August 20, 2014 8:54:10 PM

Metro rail to be developed in Nagpur
New Delhi, Aug 20 (IANS) The union cabinet Wednesday approved the development of metro rail project in the central Indian city of Nagpur with a proposed outlay of Rs.8,680 crore.

Wednesday, August 20, 2014 8:34:11 PM

States want lower threshold of Rs.10 lakh for levying GST
New Delhi, Aug 20 (IANS) The Empowered Committee (EC) of state finance ministers Wednesday resolved to lower the threshold limit for imposing the proposed Goods and Services Tax (GST) from Rs.25 lakh (Rs.2.5 million) to Rs.10 lakh (Rs.one million) and asked that states be given the legal powers to collect tax from businesses with annual turnover of up to Rs.1.5 crore (Rs.15 million).

Wednesday, August 20, 2014 8:22:06 PM

Domestic passenger traffic up 7.19 percent
New Delhi, Aug 20 (IANS) Domestic air passenger traffic increased by 7.19 percent in July to 52.16 lakh passengers - up from 48.66 lakh ferried in the corresponding month last year.

Wednesday, August 20, 2014 8:18:09 PM

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