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Petrol price cut by Rs.3.02 a litre, diesel hiked by Rs.1.47

New Delhi, Feb 29 (IANS) State-run Indian Oil Corp moved in contrary directions on Monday, cutting the petrol price by Rs.3.02 a litre, but raising diesel by Rs.1.47, both at Delhi, with corresponding changes in…



Jaitley proposes to further tax equity trade

New Delhi, Feb 29 (IANS) The central government on Monday proposed to hike the levy on options trading in equity markets to 0.05 percent. Finance Minister Arun Jaitley proposed to hike the securities transaction tax…








Iran inks agreements with India

Tehran, Feb 29 (IANS) The Iranian companies inked three agreements with India in the fields of auto industry here on Monday. The agreements were signed at the third Iran Automotive Industry International Conference which opened…





Realty, REITs get impetus in budget

New Delhi, Feb 29 (IANS) Finance Minister Arun Jaitley on Monday gave a shot in the arm to real estate sector in the 2016-17 general budget by waiving Dividend Distribution Tax (DDT) on Real Estate…





Goyal hails budget as transformative

New Delhi, Feb 29 (IANS) Union Power Minister Piyush Goyal on Monday hailed the general budget 2016-17 presented by Finance Minister Arun Jaitley, describing it as “transformative”. “This budget is pro poor, pro farmer and…