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Swiss black money probe: Over 100 entities under scanner
New Delhi:  As India steps up its pressure on Switzerland to get details of suspected tax evaders having bank accounts in the European nation, a discreet probe is underway of each stock market dealing of over 100 entities linked to these ...

India's Q3 current account deficit shrinks to $4.2 billion
India's current account deficit for the quarter ending Dec 31, 2013, shrank significantly to just $4.2 billion, thanks to rising exports and falling imports. It narrowed to $31.1 billion (2.3 per cent of GDP) in April-December 2013 from $69.8 billion ...
Q3 GDP disappoints at 4.7% as manufacturing growth shrinks
Despite Finance Minister, P Chidambaram patting himself on the back for several achievements, while delivering his Interim Budget Speech, the fact remains that economic growth continues to be dismal. The economy grew at just 4.7 per cent for the quarter ...
Rupee slides past 62; trades at 62.08 to the dollar
The rupee gave up gains witnessed on Monday and fell past the 62 mark on sustained dollar demand. The rupee fell 23 paise against the dollar in early trade. The Indian currency has remained resilient in the last few months, ...
Vote on account: quick highlights live
The Vote on Account also called an Interim Budget is being delivered by Finance Minister P Chidambaram. Here are quick highlights: 12:07 pm: FM concludes his speech. 12:05 pm: FY 2015 fiscal deficit target at 4.1 per cent. ...
Not everyone in India corrupt; regulators need to be careful: FM
New Delhi: Dispelling impression of widespread corruption in India, Finance Minister P Chidambaram on Wednesday asserted that not everyone here is corrupt and asked the regulatory agencies to intervene only when there is a clear case of criminality. "I am ...
India can grow at 8-9% annually for 10-30 years: FM
New Delhi: Finance Minister P Chidambaram on Wednesday said the country can grow at a sustained rate of 8-9 percent annually over the next 10-30 years. Addressing students of Shri Ram College of Commerce (SRCC) here, he said India has ...
Service tax offices to remain open on Dec 28-29
New Delhi: All offices handling service tax will remain open Saturday as well as the day after (Sunday) to avoid last minute  rush for those who want to avail the benefit of one time service tax amnesty scheme. The last ...
FM asks authorities to share information to check tax evasion
Finance Minister P Chidambaram today called for better information sharing among various agencies of the government to check tax evasion. "I think organisations must come forward to share information with DRI (Directorate of Revenue Intelligence), just as DRI must come ...
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