Petrol cut by Re 1 a litre, diesel by Rs 2

New Delhi, Aug 16 : Amid the recent fluctuation in global oil prices, state-run Indian Oil Corp (IOC) cut the price of transport fuels effective from Tuesday, of petrol by Re 1 a litre and of diesel by Rs 2, both at Delhi, with corresponding decrease in other states. Making its previous fortnightly revision in […]

Economy, people better off today; more action will follow: Modi

New Delhi, Aug 15 : In his Independence Day address, Prime Minister Narendra Modi described the Indian economy as the most preferred investment destination in the world and promised to bring inflation down to the targeted four per cent. Every major global agency has ranked India as the best investment destination as the country’s economy […]

CII hails Modi’s assurance to end tax terrorism

New Delhi, Aug 15 : Hailing Prime Minister Narendra Modi’s assurance to the common man to put an end to tax terrorism, a top industry body here on Monday said that the mention of tax compliance clearly acknowledges the need for reforms in tax administration. “The mention of tax administration and compliance clearly acknowledges the […]

Indian economy highlights from Modi’s Independence Day address

New Delhi, Aug 15 : Major comments on the Indian economy made by Prime Minister Narendra Modi during his Independence Day address to the nation from the Red Fort here on Monday: * Be it the International Monetary Fund, the World Bank or the World Economic Forum, they have all declared India to be the […]

Industry finds Ramdev’s ‘multinationals dangerous’ campaign a ‘gimmick’

By Sidhartha Dutta New Delhi, Aug 15 : Even as Prime Minister Narendra Modi is promoting ‘Make in India’ and actively seeking foreign investments, Yoga guru Baba Ramdev is openly attacking multinationals, calling their products “dangerous” in a concerted ad campaign. MNCs are terming the campaign a marketing gimmick, but they can’t entirely ignore it […]

Goa hosting BRICS for its reputation in hospitality: CM

Panaji, Aug 15 : The coastal state of Goa has been given the opportunity to host the BRICS summit in October this year ahead of other states because of its high hospitality standards, Chief Minister Laxmikant Parsekar said on Monday. Parsekar said, “The Prime Minister gave Goa an opportunity to host the BRICS summit over […]