Govt achieves indirect tax mop up target in FY12
New Delhi: Moderation in growth rate during 2011-12 has not impacted the revenue realisation,with the government achieving 99.6 per cent of indirect tax collection target during the year,a finance ministry official said. We have achieved 99.6 per cent of budgeted estimates of indirect tax collection target of last fiscal, said a senior official of the revenue department.
PM calls meeting to discuss Pawars objection on export
New Delhi: Prime Minister Manmohan Singh has called a meeting on April 23 to discuss the objections raised by Agriculture Minister Sharad Pawar regarding exports of farm items such as sugar,cotton and milk,sources said.
Kingfisher in talks with DIAL for rescheduling dues
Hyderabad: The ailing Kingfisher Airlines has started discussions with Delhi International Airports Limited (DIAL) for rescheduling its dues,PS Nair,CEO Corporate(Airport Sector),GMR Group said.
CMIE maintains its forecast of 7.6% growth this fiscal
Mumbai: Centre for Monitoring Indian Economy (CMIE) has said it maintains its economic growth forecast for the current fiscal at 7.6 per cent against the estimated 6.8 per cent in the previous financial year.
HDFC takes Lever House in Mumbai on lease
Mumbai: Financial services group HDFC has taken Lever House,belonging to Hindustan Unilever,in South Mumbai on leave and licence basis.
Citigroup net income down 2% to $2.93 bn
New York: Financial services giant Citigroup Inc today reported 2 per cent drop in net income to $2.93 billion for the first three months of 2012 due to decline in investment income from capital markets operations.
Sensex gains 56 points ahead of RBI policy
Mumbai: The Sensex gained over 56.44 points at 17,150.95 on Monday as investors bought equities amid expectations of a rate cut by the RBI.