Vikas Vasal
The proposed Direct Taxes Code (DTC) will be effective from April 1, 2012. It means tax payers will have one more year to understand the provisions and plan their investment decisions accordingly. In an attempt to retain some of the popular exemptions and deductions, the initially proposed slab ...
TOKYO:Japan’s Nikkei average edged up 0.4 per cent on Wednesday as technology sharesand exporters gained in reaction to a sharp fall the day before, reversing anearly drop that took the benchmark briefly to a 16-month low. Hitachi Ltd roseafter sources familiar with the matter said the company is planning an ...
WASHINGTON:Federal Chairman Ben Bernanke will testify this week about his role in the bankbailouts that sent billions of taxpayer dollars to banks deemed “too big tofail.” A spokesman for the Financial Crisis Inquiry Commission saysBernanke will testify Thursday before the bipartisan panel. The FCIC isinvestigating the roots of the financial ...
Itexists. When the $35 machine known as the Sakshat tablet was unveiled for allthe world to see by minister of Human Resources Development Kapil Sibal, itgenerated more scepticism than euphoria. It seemed a good, if impractical, idea.After all, $35 or Rs 1,500, will not buy you a new cellphone, let ...
MUMBAI: The National Stock Exchange(NSE) has countered select news reports that termed India’s capital marketas skewed based on Minister of State for Finance Namo Narain Meena’sresponse to a question in Rajya Sabha on trading details on thebourse. NSE said that these reports had termed India’s stockmarket activity as skewed, as ...
MUMBAI: The National Stock Exchange(NSE) has countered select news reports that termed India’s capital marketas skewed based on Minister of State for Finance Namo Narain Meena’sresponse to a question in Rajya Sabha on trading details on thebourse. NSE said that these reports had termed India’s stockmarket activity as skewed, as ...
NEW DELHI: US auto giant Ford Motorsaid on Thursday it would storm the fast-growing Indian market with eight newmodels and turn the nation into an export hub for its popular locally made Figohatchback. Ford, which has invested one billion dollars in thecountry in the past decade, is seeking to overtake ...
NEWYORK: Google Inc said users of Gmail will now be able to call telephonesdirectly from their email, putting it in direct competition with Web callingservice Skype and more traditional operators such as AT&T Inc and VerizonCommunications. While Google had already offeredcomputer-to-computer voice and video chat services, it said that starting ...
InternationalMonetary Fund executive director-India Arvind Virmani is confident that theIndian economy can sustain a growth rate of over 8%, but says high inflationremains a concern. He suggests some structural changes to contain inflation andreasons out the difference in the IMF and the government’s growthforecasts in an interview with ET.Excerpts: The ...
TOKYO: Japan’s Nikkei average droppedbelow the closely watched 9,000 point mark for this first time in 15 months onTuesday after US stocks weakened, with a pick-up in corporate takeover activityfailing to soothe concerns that the recovery is stalling. Thebenchmark Nikkei slipped 1.5 percent to 8,983.93 points shortly after theopening, its ...
Ourstocks continued to remain unfazed by the decline in global markets, with theSensex finishing 1.29% or 234.79 points higher last week, and the Nifty 1.44%up. The CNX Midcap Index was stronger, rising 2.53%. Hindalco was the biggestwinner among index stocks with a 7.1% gain. The other index stocks to go ...
The stock markets are moving again.The Sensex has reached a peak after 2008. The Sensex has been in a range around18,000. Same is the case with Nifty, which is in a range around 5,500. The recent initial public offerings (IPOs) and follow-on publicofferings (FPOs) had good participation from individual investors, ...