deloitte

Inflation, fiscal deficit leave little room for rate cut


July 29th, 2012 - 5:34 pm ICT by IANS
New Delhi, July 29 (IANS) The Reserve Bank of India (RBI) is unlikely to cut interest rates when it reviews the monetary policy Tuesday as a ballooning fiscal deficit, high ... Read more...

Posted in Business |

Small mistake can lead to long delays in tax refunds


July 23rd, 2012 - 6:16 pm ICT by IANS
New Delhi, July 23 (IANS) Tax payers should take precautions and avoid small mistakes while filing the returns as it usually leads to long delays in refunds, experts said.Delay in ... Read more...

Posted in Business |

‘India must cut subsidies, push reforms to defend rupee’


June 24th, 2012 - 5:09 pm ICT by IANS
New Delhi, June 24 (IANS) The Indian rupee is likely to slide further and might soon touch 58 to the dollar as regulatory measures by the central bank are unlikely ... Read more...

Posted in Business |

Compulsory disclosure of overseas assets irks taxpayers


June 7th, 2012 - 12:53 pm ICT by IANS
New Delhi, June 7 (IANS) Filing of income tax returns has become more complicated from this year for those having bank accounts or any other assets overseas. The government has ... Read more...

Posted in Business |

GDP logs slowest quarterly growth in 3 years (Lead)


February 29th, 2012 - 3:18 pm ICT by IANS
New Delhi, Feb 29 (IANS) India's economy has logged its slowest pace of quarterly expansion in three years with gross domestic product (GDP) rising by a mere 6.1 percent in ... Read more...

Posted in Business |

Ruling ends spectrum row for once and all: Experts


February 2nd, 2012 - 8:31 pm ICT by IANS
New Delhi, Feb 2 (IANS) The Supreme Court's order cancelling 122 licences given out in 2008 settles the spectrum row for once and all, although it brings bad news ... Read more...

Posted in Business |

Google, O-Zone tie up to provide free Wi-Fi access


January 12th, 2012 - 5:16 pm ICT by IANS
New Delhi, Jan 12 (IANS) Google and public Wi-Fi provider O-Zone Networks have tied up to provide free Wi-Fi access to customers at select locations.As part of the deal, all ... Read more...

Posted in Business |

No bailout for Kingfisher, Air India needs to shape up: Minister


January 11th, 2012 - 4:31 pm ICT by IANS
New Delhi, Jan 11 (IANS) Civil Aviation Minister Ajit Singh Wednesday ruled out any bailout package for Vijay Mallya promoted-Kingfisher which is under financial strain, and added that the ... Read more...

Posted in Business |

Bengali print media market to touch Rs.800 crore by 2015


December 15th, 2011 - 2:23 pm ICT by IANS
Kolkata, Dec 15 (IANS) The Bengali print media market will touch Rs.800 crore by 2015, a report published by FICCI and Deloitte has said."This year, the entire print industry in ... Read more...

Posted in Entertainment |

Jet needs to raise cash flows, funds, say auditors


November 22nd, 2011 - 5:57 pm ICT by IANS
Mumbai, Nov 22 (IANS) Airline major Jet Airways needs to generate cash flows or raise funds to meet its existing obligations, including the support to its low-cost subsidiary JetLite, the ... Read more...

Posted in Business |

Rising interest rates affect industrial output, lowest in over 2 years


November 11th, 2011 - 5:33 pm ICT by IANS
New Delhi, Nov 11 (IANS) India's industrial output fell sharply in September at 1.9 percent, official data showed Friday, growing the slowest in over two years as rising interest rates ... Read more...

Posted in Uncategorized |

Pakistan’s MFN status to India is win-win for both


November 3rd, 2011 - 5:09 pm ICT by IANS
New Delhi, Nov 3 (IANS) Pakistan's Most Favoured Nation (MFN) status to India will help businesses on both sides to cut transaction costs sharply even as more direct trade will ... Read more...

Posted in South Asia |

Recession in US could slow growth in India: Deloitte


September 22nd, 2011 - 4:58 pm ICT by IANS
New Delhi, Sep 22 (IANS) If the US economy falls into another recession, India is likely to suffer in terms of a slowdown in exports, instability in financial markets, increased ... Read more...

Posted in Business |

Orissa institute scripts placement record


September 20th, 2011 - 11:54 am ICT by IANS
Bhubaneswar, Sep 20 (IANS) Tata Consultancy Services (TCS) picked up 708 students on a single day from an Orissa university during a campus selection drive, an official said Monday, describing ... Read more...

Posted in Business |

After petrol price hike, brace for higher interest on loans


September 16th, 2011 - 11:44 am ICT by IANS
Mumbai, Sep 16 (IANS) After a steep hike in petrol prices, the stage appears set for interest to go up on automobile, housing and corporate loans with the Reserve Bank ... Read more...

Posted in Business |

To tackle inflation, Reserve Bank expected to hike rates


September 15th, 2011 - 6:49 pm ICT by IANS
Mumbai, Sep 15 (IANS) The Reserve Bank of India (RBI) is widely expected to hike interest rates for the 12th time since January last year when it meets Friday, as ... Read more...

Posted in Business |

Fuel a great risk to Indian thermal power plants: Deloitte


August 16th, 2011 - 7:51 pm ICT by IANS
New Delhi, Aug 16 (IANS) Inadequate supplies of fuel is beginning to emerge as the biggest risk to thermal power projects in India, according to a report released by global ... Read more...

Posted in Business |

Inflation inches up, analysts expect rate hike (Lead)


July 14th, 2011 - 6:30 pm ICT by IANS
New Delhi, July 14 (IANS) India's annual inflation continued to be on an uptrend, though the pace of increase slowed down, as latest data released Thursday showed inflation had ... Read more...

Posted in Business |

India’s June exports up 46.4 percent


July 8th, 2011 - 8:51 pm ICT by IANS
New Delhi, July 8 (IANS) India's merchandise exports rose 46.4 percent in June at $29.2 billion compared to June 2010, Commerce Secretary Rahul Khullar said Friday.India's imports in June grew ... Read more...

Posted in Business |

Food inflation at 10-week high; Pranab terms it unacceptable (Lead)


June 23rd, 2011 - 7:14 pm ICT by IANS
New Delhi, June 23 (IANS) India's food inflation soared to nearly 10-week high of 9.13 percent for the week ended June 11, prompting Finance Minister Pranab Mukherjee to term ... Read more...

Posted in Business |

Issues affecting Indian biopharma industry discussed


June 10th, 2011 - 8:10 pm ICT by IANS
Mumbai, June 10 (IANS) Issues like why foreign direct investment (FDI) in Indian pharma sector need not be curbed, how to retain pharma companies' culture after alliances or post-mergers and ... Read more...

Posted in Business |

Food inflation touches two-month high (Lead)


June 9th, 2011 - 6:10 pm ICT by IANS
New Delhi, June 9 (IANS) India's food inflation rose to more than a two-month high at 9.01 percent for the week ended May 28 as prices of essential items like ... Read more...

Posted in Business |

India’s annual inflation slips to 8.66 percent in April (Lead)


May 16th, 2011 - 6:31 pm ICT by IANS
New Delhi, May 16 (IANS) India's annual rate of inflation slipped a tad to 8.66 percent in April, compared to 9.04 percent recorded in the previous month, according to ... Read more...

Posted in Business |

Robust March industrial output may not be maintained


May 12th, 2011 - 5:03 pm ICT by IANS
New Delhi, May 12 (IANS) At 7.3 percent, India's industrial output in March grew the fastest in almost five months, helped by strong manufacturing growth but economists said the ... Read more...

Posted in Business |

Industrial output grows 3.6 percent in February


April 11th, 2011 - 6:11 pm ICT by IANS
New Delhi, April 11 (IANS) India's industrial output grew by a lower than expected 3.6 percent in February, bogged down by slow production in the manufacturing sector, particularly capital goods, ... Read more...

Posted in Business |

Food inflation eases further


April 7th, 2011 - 6:20 pm ICT by IANS
New Delhi, April 7 (IANS) India's food inflation declined marginally to 9.18 percent for the week ended March 26 as the prices of vegetables and other food items like meat, ... Read more...

Posted in Business |

Rising inflation may affect India’s growth: Deloitte


April 6th, 2011 - 4:39 pm ICT by IANS
New Delhi, April 6 (IANS) Rising prices of crude oil, food items and poor industrial growth are the biggest threat to India's nine percent growth target, according to a study ... Read more...

Posted in Business |

Sydney hotels were world’s ‘most-occupied’ in 2010


March 21st, 2011 - 7:09 pm ICT by ANI
Melbourne, Mar 21 (ANI): A new analysis has found that Sydney hotels were the most occupied in the world in 2010.A report by business advisory firm Deloitte showed that Sydney hotels were ... Read more...

Posted in World |

Telecom, technology to focus on rural areas


March 11th, 2011 - 11:32 pm ICT by IANS
New Delhi, March 11 (IANS) The thrust of the government and corporates in areas of technology and telecom in 2011 will be to help empower the rural population, a study ... Read more...

Posted in Sci-Tech |

Terrorists use Internet as most potent tool for recruitment, says Pillai


March 7th, 2011 - 10:18 pm ICT by ANI
New Delhi, Mar 7 (ANI): Union Home Secretary G K Pillai today said that terrorists are using the Internet as the most effective tool for recruiting youngsters and to carry out surveillance ... Read more...

Posted in National |

Funds remain main worry for expanding India’s rail network


February 25th, 2011 - 7:30 pm ICT by IANS
New Delhi, Feb 25 (IANS) Despite a record investment of Rs.57,630 crore ($12.7 billion), proposed by Railway Minister Mamata Banerjee in her latest rail budget, funding projects for the world's second ... Read more...

Posted in Business |

Real Madrid rated as richest club in world for sixth straight year


February 10th, 2011 - 6:33 pm ICT by ANI
London, Feb 10(ANI): Real Madrid has topped the league table of the world's 20 richest football clubs for the sixth straight year with a fortune of 438.6 million euros, according to ... Read more...

Posted in World |

India not a favourite investment for Britain’s small businesses


January 17th, 2011 - 6:19 pm ICT by IANS
New Delhi, Jan 17 (IANS) Small businesses and entrepreneurs in Britain are hesitant about expanding to emerging markets like India and would rather look at investing in more developed markets like the ... Read more...

Posted in Business |

Finance ministry hopeful of breaking GST deadlock


October 29th, 2010 - 8:59 pm ICT by IANS
New Delhi, Oct 29 (IANS) The finance ministry is hopeful of building a consensus on the goods and service tax (GST) as the Empowered Committee of State Finance Ministers met in Goa ... Read more...

Posted in Business |

Animation sector yet to get support, rues industry


October 28th, 2010 - 10:18 pm ICT by IANS
Chennai, Oct 28 (IANS) The animation industry in India has been termed the sunrise sector for nearly a decade but little has been done for it, said speakers at a conference on ... Read more...

Posted in Entertainment |

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