Business

Bankers and RBI discussed liquidity, interest rate, and farm loan issue. They also discussed on credit growth, and fund raising problems.

The financial year 2005-06 is now coming to a close. If you still have some tax to save, look no further. Tax expert Subhash Lakhotia tells you how.

The line up includes FMCG giants like HLL and P&G, banks like Kotak and Citibank, and consultants like Accenture and KPMG.

Finance Minister P Chidambaram told Lok Sabha on Friday that the government proposes to rationalise interest rates on small savings soon.

Government run Indian Airlines has opposed the allotment of Sahara's Airport infrastructure to Jet Airways. In a letter to the government, IA has asked for a clear policy.

The excise duty cut on small cars almost stands nullified as banks have hiked auto loan rates even as car traders effected drastic cuts in the discounts.

The Left parties, the UPA's key prop, are opposed to hike in FDI limit in insurance and opening up of pension sectors.

The Union Budget for 2006-07 proposes no changes in personal and corporate Income Taxes but slashed customs and excise duties on a number of items.

Railway Minister Lalu Prasad slashed fares for AC first and second classes to the tune of 18 per cent and 10 per cent respectively.

Close on the heels of garnering Rs 1,568 crore from sale of its 8 per cent equity in Maruti Udyog Ltd, the Government has approved transfer of 0.01 per cent shareholding to its employees.

Last year’s Budget was a mixed bag for those newly in the job field. On one hand it removed the benefit of standard deduction, which was earlier available.

The markets witnessed a smart rally at the end of trade on Monday, and took the Sensex up by 100 points, experts feel that volatility will remain in the markets.

Tata Sons and SBI join hands to launch the first white label credit cards, available in all major cities.

In a twist to the controversy over Mittal's bid to take over Arcelor, Luxembourg has has questioned India's intervention in the issue.

At a time when Indian Drug companies are facing tough challenges from China, the industry is lobbying for duty cuts in the Budget.

The banking regulator has moved in to punish banks guilty of the IPO scam, unearthed by stock market regulator SEBI.