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GST bill to be taken up by Lok Sabha tomorrow

New Delhi, Apr 26 (PTI) The long-pending Bill on Goods and Services Tax (GST), moved in the Lok Sabha amid stiff resistance by several Opposition parties, would be taken up for consideration and passing tomorrow. The Constitution (122nd Amendment) Bill 2014 was moved on Friday by Finance Minister Arun Jaitley who had said it was a “win-win” measure for both ...

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Telecom operators slash call rates to quake-hit Nepal

New Delhi, Apr 26 (PTI) Telecom operators MTS India and Tata Teleservices today said they have slashed charges for calls made to earthquake-hit Nepal to support disaster relief efforts. State-run telecom firms BSNL and MTNL, and private companies like Airtel and Idea Cellular have already announced reduction in charges or made free calls to Nepal, where over 2,000 people were ...

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Sensex, Nifty at over 3-mnth lows, end 3.5% down on MAT issue

Stocks: Belligerent offloading by foreign funds on worries over the controversial tax issue kept the market under pressure for the second straight week as the benchmark BSE Sensex and the CNX Nifty collapsed by 3.5 per cent to more than three months lows during the week. The market was already under stress after Meteorological Department forecast below-normal rainfall this year, ...

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Rupee down 11 paise against dollar in early trade

The rupee declined by 11 paise at fresh three-month low of 63.43 against the US dollar in early trade today at the Interbank Foreign Exchange on renewed demand for the American currency from banks and importers amid foreign capital outflows in the equity market. Besides, a lower opening in the domestic equity market weighed on the local currency but the ...

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Sensex falls over 139 pts in early trade on capital outflows

Extending yesterday’s losses, the benchmark BSE Sensex fell over 139 points in early trade today due to continued foreign capital outflows and persistent selling by investors amid muted corporate earnings. Besides, weakness in the rupee which fell to a fresh three-month low of 63.43 against the dollar, negatively impacted investor sentiments. The 30-share index was trading down by 139.29 points, ...

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McDonald’s faces ‘cockroach burger’ claim in NZ

Wellington: Fast food giant McDonald’s on Monday said it was aware of a New Zealand woman’s allegation she found a half-eaten cockroach in a hamburger bought at one of its South Island restaurants. Annah Sophia Stevenson told Fairfax New Zealand that she bought a Big Mac meal on Saturday night then found the cockroach when she was back at home ...

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Siemens chance ‘digital’ mantra Make in India push

HANNOVER: Aiming to be a key stakeholder in the Modi government’s ‘Make in India’ campaign, Siemens is pushing ahead with digitalisation drive to help its Indian customers keep a competitive edge in the global market. “If the Make in India campaign has to be successful, there is a need to empower domestic players to become more efficient in terms of ...

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Indian economy clearly on recovery path: Jaitley

Washington: Indian economy is now clearly on a recovery path with a 7.4 per cent growth in the first three quarters and the new government is committed to maintain overall macroeconomic conditions on a sustained basis, Finance Minister Arun Jaitley has said. “We are committed to maintain overall macroeconomic conditions on a sustained basis so that the Indian economy is ...

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Andhra Pradesh CM Naidu woos Chinese investors

Seeking investments to rebuild Andhra Pradesh after the separation of Telangana, Chief Minister N Chandrababu Naidu is here to woo Chinese investors to hasten the process of manufacturing and infrastructure building in the state. Naidu, who arrived here on April 12, has held over two dozen meetings with senior Chinese officials, heads of top companies and signed even some non-binding ...

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India capable of making world class products : Havells India

NEEMRANA: Competition from cheap Chinese imports in the electrical goods sector is diminishing as domestic firms are now making world class products, said Havells India. Domestic companies have shown that “India has the capacity to build world class products,” said Havells India Chairman Anil Rai Gupta. “Now we are offering quality products at competitive prices …here return on capital and ...

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