Finance minister Arun Jaitley has hinted at not raising tax rates and providing incentives for manufacturing in the upcoming budget, while asserting that “structural changes” will have to be made to get the economy on track for 8-9% growth.
The government has drawn up an ambitious roadmap to enhance skill levels of millions of people who join the queue of job hopefuls every year.
India’s third-largest IT services exporter, Wipro, is all set roll out its software products in the market within the next one-and-a-half years.
Abdullah died early on Friday and his brother Salman became king, the royal court in the world's top oil exporter and birthplace of Islam said in a statement carried by state television.
Tracking global rallies triggered by ECB stimulus measures, the benchmark BSE Sensex on Friday set a new high of 29,408 points and NSE Nifty breached the 8,800-level for the first time as robust capital inflows continued amid sustained optimism over the upcoming budget.
India has asked its refiners to slash oil buys from Iran in the next two months to keep the imports in line with the previous fiscal year's levels, sources with knowledge of the matter said, days ahead of US President Barack Obama's visit to New Delhi.
The rupee ended higher by 28 paise at 61.42 against the US currency on Friday on fresh selling of dollars by banks and exporters on persistent foreign capital inflows into the equity market.
Google boss Eric Schmidt speaking at the World Economic Forum at Davos said that the Internet will soon be so pervasive in every facet of our lives that it will effectively "disappear" into the background.
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The economy is set to clock a 6.5% growth next year and then take off to reach 8-9% in the years to come on the back of huge public support for reforms initiated by the government, finance minister Arun Jaitley said on Thursday.
The key index though pared some gains concluded the day at its lifetime high of 29,006.02, a gain of 117.16 points or 0.41% from its previous close, taking its gaining streak for the sixth day in succession.
Extending gains for the sixth straight day, the rupee strengthened by another 7 paise to 61.56 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange amid sustained overseas capital inflows.
Govt reserves 9 bands of spectrum for defence