New Delhi, March 14: Inflation rose to 8.31 per cent in February, driven by high food and fuel prices, which may prompt the RBI to hike rates when it reviews the monetary policy later this week. However, finance minister Pranab Mukherjee expressed hope that inflation would come down to 7 per cent by next month-end.
New Delhi, March 14:
come tax department today said tax returns filed by senior citizens and small taxpayers would not be scrutinised in a routine manner. Senior citizens for this purpose would be individual taxpayers who are 60 years of age or more.
New Delhi, March 14: State-owned Oil and Natural Gas Corporation has made a significant gas discovery in Tripura. The oil firm did not reveal the reserves the latest find may contain.
New Delhi, March 14: Market regulator Sebi has cleared the acquisition of Ispat Industries by JSW Steel, paving the way for the acquirer to make an open offer for buying up to 20 per cent stake from shareholders.
New Delhi, March 14: US-based General Electric will invest about $200 million to set up an infrastructure equipment manufacturing facility in India and will recruit over 3,000 people for the same this year.
