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Income Tax department collects Rs 6.96 lakh cr revenue in 2014-15
New Delhi: Government collected over Rs 6,96,200 crore revenue under the direct taxes kitty in the just concluded financial year 2014-15, about 14 per cent short of target.
Officials said the I-T Department which collects a variety of…
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The New India Assurance signs MOU with Grameen Bank
STATE TIMES NEWS
JAMMU: The New India Assurance Co. Ltd and Grameen Bank, Rail Head Complex, Jammu signed a Memorandum of Understanding (MOU) for protection coverage of Pradhan Mantri Bima Suraksha Youjna (PMBSY). The PMBSY was…
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Gold skids below Rs 27k mark on heavy stockists selling
Mumbai: Gold prices plunged sharply and closed below the psychological Rs 27,000 benchmark on the bullion market here following frantic unwinding by stockists and speculative traders marred by heightened global volatility.
Silver also…
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Market turns distinctly weak; Sensex, Nifty down 1.5 pct
Mumbai: Distinctly weak tendency prevailed for the third week in a row as the benchmark S&P BSE Sensex and the CNX Nifty plunged by another 1.5 pct to close at almost four-month low on host of negative factors during the truncated week…
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JK Lakshmi Cement partners Snapdeal to sell products online
Mumbai: Cement manufacturer JK Lakshmi Cement today said it has tied up with Snapdeal to offer its entire product range online.
"JK Lakshmi has tied up with Snapdeal to offer its entire product range including cement, plaster of Paris,…
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Gold, silver plunge on weak global cues, low demand
New Delhi: Snapping its three-day rising streak, gold prices retreated by Rs 285 to Rs 27,190 per 10 grams at the bullion market today amid a weak trend overseas and subdued demand from jewellers at current levels.
Silver prices also…
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India Inc wants rate cut, says inflation likely to remain low
New Delhi: Notwithstanding the marginal rise in December inflation, India Inc on Wednesday said low oil prices and measures undertaken by the government are likely to keep inflation under check, even as it reiterated the need for an…
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RBI cuts repo rates by 25 basis points
MUMBAI: The Reserve Bank of India cut its repo interest rate by 25 basis points to 7.75 per cent in a surprise move on Thursday, making its first reduction in a year as inflation showed signs of slowing and the government was making efforts…
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Tap our liberal tax policy: Swiss envoy to Indian firms
Panaji: Making a pitch for Indian investment, Switzerland's ambassador Linus von Castelmur Wednesday said Indian companies should take advantage of his country's liberal tax and flexible labour market.
Castelmur, who conducted a seminar…
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Prospects for Indian economy bright going forward: CEA
New Delhi: Prospects for the Indian economy look "very bright" with the remarkable turnaround witnessed in recent months on the back of lower current account deficit and the slew of reforms unleashed by the new government, Chief Economic…
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