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Out of Home media India Pvt Ltd, India’s largest out of home television celebrates the Navratri Mahotsav ending with Dushera through specially-designed 10-second vignettes

The government may cut taxes and unveil further steps to stimulate the economy in its interim budget on Feb 16 ?09. Suresh Tendulkar, the chairman of the Prime Minister’s Economic Advisory Council, said the combined fiscal deficit of federal and state governments is expected to be 10 percent of gross domestic product during fiscal year 2008/09.

This clarification is issued to alert all the stakeholders not to be carried away by misleading reports intended to sensationalise the issue rather than bringing out the facts accurately.

Given that the cost of credit needs to fall to boost confidence, the Reserve Bank of India may eventually cut interest rates. This could happen after the interim budget is approved, Suresh Tendulkar, Chairman of the Prime Minister’s Economic Advisory Council was quoted as saying. The RBI has cuts its key lending rate, the repo rate, by 350 basis points to 5.5% since October, but […]

YM Deosthalee, CFO of Larsen & Toubro was quoted as saying, “What we need is a boost for the infrastructure sector. The consumption level and demand have to go up. If the vote-on-accounts deals with this particular aspect, it will be good for the economy because there is definitely some kind of a slowdown and growth has been hampered in many sectors ? we are […]

The vote-on-account on Feb 16 ?09 may include some changes in the tax structure, Home Minister Palaniappan Chidambaram said on Thursday. The government will present an interim budget on Feb. 16. National elections are due by mid-May. However, Mr Chidambaram remained non-committal on the announcement of a stimulus package in the interim budget to be unveiled on February 16. “Wait till February 16. There may […]

Capital Expenditure proposal of Rs6.05bn for increasing the capacity Pig Iron plant by 3,75,000 MTPA along with expansion of Met Coke Plant and setting up Waste Heat Recovery Power Plant.

In recent times the Indian pharmaceutical sector has emerged as one of the major contributors to Indian exports with export earnings rising from a negligible amount in early 1990s to Rs291.39bn (US$7.24bn) by 2007-08

Sensex slipped 88 points or 0.5% at 16,693 while, Nifty fell 31 points to shut shop at 4,955.

Of the 20 components of the Instanex FII Index, 12 were down and eight were up.