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Category: Business

Govt plans to launch NELP-IX

MUMBAI: The Union government is planning to launch the ninth round of the New Exploration Licensing Policy (Nelp-IX) by September-November…

India’s ER&D services market to touch $40-45 bn by 2020

BANGALORE: Indian Engineering Research and Development (ER&D) services market is expected to touch $40-45 billion by 2020 with exports revenues…

US, EU clash over trade sanctions at WTO

GENEVA: The United States and European Union clashed on Thursday over retaliation that the EU is seeking for illegal US…

3G telephony promises instant services

NEW DELHI: YouTube experience on your mobile phone, video chats, internet TV, streaming music and near-instant data transfers -- these…

The obscene commission pocketed by insurance agents

By Tensing Rodrigues We have given a more or less decent burial to the commission that used to be paid…

3G spectrum auction closes; govt to earn over Rs 67,700 cr

NEW DELHI: The auction for 3G mobile licence closed on Wednesday, leaving the Union Finance Minister, Mr Pranab Mukherjee with…

New taxpayer schemes to be introduced this year

NEW DELHI: With the present Income Tax Act proposed to be replaced by the Direct Taxes Code (DTC) next year,…

Govt may slap taxes, quotas to limit iron ore exports

NEW DELHI: India may impose taxes and quotas on exports of iron ore from the country to increase availability of…

Sensex tanks 460 pts; lowest since March

MUMBAI: A benchmark index for Indian equities on Wednesday closed at its lowest level since March this year, ending 460…

Air India unions plan to launch agitation against late wages

NEW DELHI: Major Air India unions on Wednesday decided to launch an agitation, which could lead to a strike, to…