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Employee counts some gold bars before he sells them to a customer at a gold shop in Hanoi

Jewellers to offer discounts after excise duty rollback
Encouraged by the excise duty rollback, domestic retailers of gold and diamond ornaments are considering offering a 25 per cent discount on making charges on all jewellery. Set to begin next week, the first of its kind uniform discount offer from all jewellers across the country, would be valid for 10 days nationwide. While announcing the Finance Bill in Parliament on Monday, Finance Minister Pranab

Upgrade of coaches gets top billing

With an eye on modernising Indian Railways in the 12th Plan period starting this year, Railway Minister Dinesh Trivedi on Wednesday increased allocation for rolling stock by 16 per cent to Rs

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Push reforms to cut subsidy bill, govt told

The rapid decline in fiscal health and deterioration in the external sector outlook has prompted the Reserve Bank of India (RBI) to ask the government to hasten domestic reforms to curb its subsidy

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NHB to set up Rs 1,200-cr default guarantee fund for urban poor

The National Housing Bank (NHB) will set up a loan guarantee fund of Rs 1,200 crore for the urban poor. The broad contours of this proposal announced during the Budget 2011-12 guarantees housing

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MP to spend Rs 3,525 cr to repair 2,100 km of roads

The poor condition of its post-monsoon roads has prompted the Madhya Pradesh government to spend Rs 3,525 crore to build and repair at least 70 strips of roads at various places in the central

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Tirupur exporters fear losing out to 'duty-free' Bangla imports
Exporters from the Rs 12,000-crore textile industry in Tirupur have expressed concern over the duty-free access given to Bangladeshi garments.

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