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Gold bars are displayed at a gold jewellery shop in the northern Indian city of Chandigarh

Gold imports fall 32% on strict govt measures
Gold imports to India declined 32.4 per cent in 2011-12, as the government stepped up measures to control the precious metal's flow into the country, including rises in import duties. A Reuters poll estimated that gold imports to India stood at 655 tonnes in the last financial year, compared with 969 tonnes the year before. In 2009-10, the year which saw a a worsening global economic sentiment, following

Pranab targets Rs 5.7 lakh cr direct tax

Union Finance Minister Pranab Mukherjee on Sunday said that the ministry has set a target for collection of direct taxes to the tune of Rs 5.7 lakhs crore for the current financial year.

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Share of direct tax to touch 12 per cent of GDP: Pranab

Union Finance Minister Pranab Mukherjee today said the share of direct tax in the overall tax basket has increased considerably and would reach 12 per cent of the country's GDP soon. "The share of

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RBI taking steps to check rupee slide: Pranab

Attributing the slide in rupee value to various domestic and global factors, Union Finance Minister Pranab Mukherjee today said the Reserve Bank was taking steps to arrest the currency's

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New power equation in BJP

What should ideally have been an occasion for brainstorming and bringing all senior leaders of the Bharatiya Janata Party (BJP) together, turned out to be a tussle for power and influence. The

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Why can't an adivasi be president, asks Sangma

“If Barack Obama, a black man, can be elected to the White House, why can’t an ‘adivasi,” asks former speaker Purno Sangma. Busy projecting himself as the

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