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The finance ministry is considering a proposal to increase excise duty from 10% to 12%, although still lower than the level before the 2008 financial crisis.
Monday, February 13, 2012 (The Times of India)
Worried over rising bad loans in certain sectors, RBI today said it will discuss the issue with banks soon.
Monday, February 13, 2012 (The Times of India)
With the promise of fund infusion into cash-strapped Air India remaining only on paper and not translating into any real money, the national carrier is planning to prune six long-haul international fl
Monday, February 13, 2012 (The Times of India)
Indian Oil Corporation on Monday reported a 52% rise in its net profit in the third quarter ended December 31, even as the company has asked the government to compensate revenue it has lost on petrol
Monday, February 13, 2012 (The Times of India)
Full normalization of trade between India and Pakistan is expected to be delayed with Islamabad yet to finalise the negative list of goods but both sides vowed to make all efforts to achieve the goal.
Monday, February 13, 2012 (The Times of India)
Alstom chairman & CEO Patrick Kron is not worried about policy slowdown or slower economic growth in India. In an interview, he tells TOI that with low availability of electricity, things will improve
Monday, February 13, 2012 (The Times of India)
The inflow of over Rs 200 crore ‘sundry income’ into several PricewaterhouseCoopers India entities from undisclosed sources is spelling trouble for the global audit major as regulator ICAI has das
Monday, February 13, 2012 (The Times of India)
State Bank of India (SBI) reported a better-thanexpected net profit of Rs 3,263 crore for the quarter ended December 2011, up 15.38% from Rs 2,828 crore in the corresponding quarter last year. Profits
Monday, February 13, 2012 (The Times of India)
The country's largest lender State Bank of India (SBI) plans to cut interest rates on education loans. The bank is expecting a good growth in this segment with the government promoting a fund to guara
Monday, February 13, 2012 (The Times of India)
Trouble continues for the PricewaterhouseCoopers India network over the Satyam scandal. A little over two months after banning two audit managers from its India network, the Institute of Chartered Acc
Monday, February 13, 2012 (The Times of India)
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