Deadline for jewellers' excise registration extended to July-end

New Delhi, July 1 : The government on Friday extended the time for jewellers to get registered with the central excise department by one month, till July 31, an official statement said.
The liability for payment of central excise duty will be with effect from March 1, 2016, a union finance…

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Petrol, diesel rates cut by under 1 Re

New Delhi, July 1  State-run Indian Oil Corp (IOC) has cut the price of transport fuel effective on Friday by under a rupee each, of petrol by 89 paise a litre and of diesel by 49 paise, both at Delhi with corresponding decrease in other states.

Making its previous…

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Xiaomi unveils MIUI 8, Mi Max smartphone in India

New Delhi, June 30  After a China launch in May, Chinese smartphone-maker Xiaomi on Thursday launched in India its Mi Max smartphone, with the largest screen in its line-up to date, and MIUI 8 — the next generation of its Android-based operating system (OS) with new colour schemes…

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Rajan meets Jaitley, talks on RBI monetary policy panel

New Delhi, June 30  Reserve Bank of India (RBI) Governor Raghuram Rajan met Union Finance Minister Arun Jaitley on Thursday, following the government this week notifying the rules for setting up the RBI’s Monetary Policy Committee (MPC) to decide on interest rates.

The meeting comes a day after the…

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Key Indian equity indices open higher

Mumbai, June 30  Key Indian equity market indices opened higher on Thursday in line with global peers and taking positive cues from implementation of the Seventh Pay Commission.

The sensitive index (Sensex) of the BSE, which had closed at 26,740.39 on Wednesday, opened higher at 26,926.17…

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