Business

Just a day after the Budget 2013-14, which is dubbed as too costly for the middle class, the oil companies came up with another shocker by hiking the petrol prices by Rs 1.40 per litre with effective from midnight today. This is the…

After giving some cheer to the home buyers, Finance Minister P Chidambaram has disappointed the tax payers and salaried class. Contrary to all expectations, he ruled out revising the tax slabs and preferred to maintain the status quo.…

In a big development, Union Finance Minister P Chidambaram has announced the setting up of India's first Women's Bank, which will get the final approval by October 2013. An initial capital of Rs 1,000 crore will be allocated for the women's…

A Huge 'Thanks' to Finance Minister P Chidambaram! He raised the home loan exemption limit from Rs 1.5 lakh to Rs 2.5 lakh for loans up to Rs 25 lakh, bringing huge cheer to salaries class and the real estate section, which was sinking.…

'Health For All & Education for All' is my priority, said Union Finance Minister P Chidambaram in his budget speech today while presenting the Budget 2013-14 in Lok Sabha. He diverted more funds to HRD, Health and SC & ST…

Finally, corporate houses can also enter to the banking sector in India. The Reserve Bank of India (RBI) announced new rules in this regard in lieu of which, the private and non-banking finance firms are now allowed to open their new banks.…

Tata Group will return to the Indian aviation sector by investing in a joint venture with AirAsia, the largest discount carrier in Southeast Asia, and Arun Bhatia of Telestra Tradeplace for budget airline. The proposed joint venture came…

Leading low-cost airliner Jet Airways has joined the price war triggered by SpiceJet with two million tickets to the passengers at a low rate. The six-day sale, which began on February 19, will continue till February 24. The economy…

Bhubaneswar: The Annual Economic Survey of Odisha for the year 2013-14, which was presented in the state assembly on Monday, revealed the wide regional and social disparities in terms of economic development in the state. Poverty…

Mumbai: After shutting down its operations in several parts of the country, including Odisha, Telecom operator Uninor was forced to say "good bye" to people in Mumbai today, thanks to the Supreme Court order. The Supreme Court had asked…