ICC World Cup: Swiss tennis ace Roger Federer turns India fan
The Swiss great, a winner of 17 Grand Slam titles, was pictured on his Facebook page admiring an Indian team shirt, which he had unwrapped from a gift box. “Dressing up for a Gentleman’s game today. #BleedBlue,” wrote the 33-year-old. Federer would not be a complete stranger to... read more »
Swine Flu spreading tentacles, death toll in just three states rises to 300
New Delhi: Swine Flu is assuming serious proportions in the country with more deaths being reported due to the disease in several states in the last few days. The death toll so far in only three states of Rajasthan, Gujarat and Lucknow in Uttar Pradesh has risen to 300 and many more have tested... read more »
Oil turns lower as glut overshadows Japan’s return to growth
SINGAPORE – Oil prices turned lower on Monday after a firm start, with an oversupply continuing to weigh on the market despite data showing Japan had pulled out of recession. Prices initially rose in early Asian trade but then dipped as the return to growth in Japan in the October-December... read more »
HSBC says sorry over past standards at Swiss bank
HSBC apologized to customers and investors on Sunday for past practices at its Swiss private bank after allegations that it helped hundreds of clients to dodge taxes. Europe’s largest bank said in full-page advertisements in British newspapers that recent media coverage that focused on the... read more »
SBI signs loan pact with EIB
State Bank of India (SBI), India’s largest bank and the European Investment Bank (EIB), the European Union’s long-term lending institution, signed a loan agreement for Euro 100 million... read more »
Air India brings back passengers stranded at Budapest
Air India on Friday pressed into service two of its India bound international flights to bring back passengers stranded at Budapest, the capital of Hungary. The flights arrived in Mumbai... read more »
Direct Tax collections up 13% in April-Dec
Gross direct tax collections – including tax on personal and corporate incomes – from April to December of financial year 2014-15 are up by 12.93 per cent at Rs. 5,46,661 crore as... read more »
Reserve Bank modifies ECB policy
The Reserve Bank of India (RBI) on Friday relaxed norms for the External Commercial Borrowing (ECBs) by allowing banks and companies to restructure and reschedule the existing... read more »
Jaitley hints at not raising tax rates; sops for manufacturing
Finance Minister Arun Jaitley has hinted at not raising tax rates and providing incentives for manufacturing in the coming Budget while asserting that ‘structural changes’ will have to be made to... read more »
