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Industries

No dual pricing for diesel, no tax hikes either

News that the government is considering a dual pricing structure for diesel, by removing the subsidy for car-owners is untrue. So is speculation that the government may hike taxes to raise revenues, says the FM.

Taj Mahal is top grosser: India’s top 5 richest monuments

The Taj Mahal understandably tops the league tables among India’s top monuments managed by the ASI, with the golden triangle’s Delhi and Agra dominating the list.

EU may relax generics drug transit shipment regulations

The EU has agreed to modify its laws to allow legitimate drug shipments from India to pass through unhindered. Earlier, it had seized shipments, causing losses to Indian pharma companies.

Tourist arrivals recover, hope on horizon for industry

The global economic slowdown’s effect on foreign tourist arrivals seems to have run its course. If the recovery sustains, hotels and airlines may get to smile again.

Power project orders worth Rs 40,000 crore in sight

The government has cleared a proposal to combine the orders for super-critical technology. NTPC will be the nodal agency for ordering equipment for 5 power projects that will generate 7,260MW of power.

Private airlines call off strike

A rebuke from the government, angry public reaction and a break within their ranks made the Federation of Indian Airlines call off their proposed strike on August 18.

Airlines on strike: no flights on August 18

An Indian airline on strike? Must be Indian Airlines, right? Wrong. A medieval ritual is being enacted by free market entrepreneurs, holding a country to ransom, even if for a day.

KPMG India's Budget highlights

The audit and consultancy firm’s budget analysis gives a quick but comprehensive view of the various changes in the Budget that can affect both companies and individuals

India's industrial output grows in May 2009

Basic industries like chemicals and metals rallied around to pull up production growth in May 2009. But capital goods and consumer non-durables played spoilsport

Budget 2009-10: Impact on Industry

Corporate India got mildly squeezed in the Budget. The bill did not raise taxes across the board, but a series of tweaks and minor increases will net the government much needed resources.

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