Cabinet clears proposals of FDI hike on insurance, pension

NI Wire,    Thu, 4 Oct 2012
After allowing Foreign Direct Investment (FDI) in retail, the Union Cabinet Thursday gave its green signal to proposals of hiking FDI ratio from 26 percent to 49 percent to overseas investors in insurance sector........

Sensex Closes above 19,000 marks in hopes of more reforms

NI Wire,    Thu, 4 Oct 2012
The Indian stock market Thursday closed on northern zone on the forth-consecutive day in the hope of better economic condition...............

Stock market zooms today, Rupee gains 19 paises, breeches 52 marks

Noor En Ahmed,    Thu, 4 Oct 2012
The Indian stock market zooms on Thursday in the fourth consecutive day amid the strong global market surge as US indices NASDAQ 100 closes on 13.50 points positive and Dow Zones jumps 51 points Wednesday morning, which boosts the Indian indices too.......

Maruti hikes car prices by 1 per cent

NI Wire,    Wed, 3 Oct 2012
Maruti Suzuki India, which is India's largest carmaker, has decided to hike prices in all its car models by 1 percent in order to meet the impact of foreign exchange fluctuation and rising input costs.

Government hikes taxes on railway fares

NI Wire,    Fri, 28 Sep 2012
In a bid to collect more revenues, the government had announced to hike taxes on railways fares comprising freight charges and passengers fare of some selected classes, which will come in to effect from 1st October, 2012, announced Railways................

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