Petrol in Goa is likely to become cheaper by Rs 11 per litre from its current price if the Manohar Parrikar-led BJP government abolishes the Value Added Tax (VAT) on petrol when it presents the maiden budget on March 21. The chief minister
Dinesh Trivedi on Sunday decided to resign as Railway Minister bringing the curtain down on the five-day drama after he incurred the wrath of Trinamool Congress for hiking passenger fares in the Railway Budget. "He(Trivedi) called me
Two Italian tourists were abducted in the tribal-dominated Ganjam district of Odisha by Maoists, who demanded an immediate end to anti-Naxal operations and release of some of their jailed colleagues. The Italian tourists, Bosusco Paolo, fu
Passengers travelling in all AC classes and first class will have to pay charges in addition to the recent hike in train fares with the General Budget on Friday bringing journeys in them under the ambit of service tax. With this move, pass
Congress on Friday gave signals that the Government was in no hurry about the exit of Railway Minister Dinesh Trivedi but made it clear that his fate had to be decided by Trinamool Congress. The party also gave indications that there appea
Trinamool Congress has decided not to support Congress nominees, if any, in the Rajya Sabha polls in West Bengal and has renominated party MP and union minister Mukul Roy while giving tickets to three journalists. Announcing this, T
Few would disagree with the chief election commissioner SY Quraishi’s demand for absolute financial autonomy for the election commission. In fact, he hit the nail in the head when he said, at a discussion in New Delhi on March 15, “Any
Government enjoys stability with "good" support from outside and there should be no "wavering" on that, Parliamentary Affairs Minister Pawan Kumar Bansal said on Friday. "We have good stability, there is good suppo
Here is an indicator of the progress India has made from the ancient times to the modern. A city, considered the best in terms of fortification and urban planning in those days, is now the best example of all that is wrong with urban planning of o
The most visible impact of Budget 2012 is a surge in fertiliser stocks, swooshing up on finance minister Pranab Mukherjee’s promise to give the sector a big boost in the next five years. The fertiliser lobby has much to celebrate in terms of
Bihar Chief Minister Nitish Kumar has expressed disappointment with the union budget saying it was presented by a `lame duck` government at the Centre and would lead to price rise due to hike in excise and service taxes on various goods. &
The government on Friday proposed to increase the Plan expenditure for 2012-13 to Rs 5,21,025 crore, up around 18 per cent from the Budget estimates for the current fiscal. However, the jump in the Plan expenditure for 2012-13 is 22.13 per
Finance Minister Pranab Mukherjee on Friday said the budget was aimed at giving boost to "growth with stability" and there was a "determined effort to regain the path of fiscal consolidation." "This is a budget for
Against the backdrop of stiff opposition by UPA constituent Trinamool Congress to FDI in retail and rail fare hike, Prime Minister Manmohan Singh Friday said the government will consult allies and take them on board whenever "tough" deci
The Indian airline industry on Friday got a major relief with the government allowing it to raise capital through external borrowings worth USD one billion for a year, as it planned to allocate Rs 4,000 crore to ailing Air India. In a bid
BJP Friday slammed the Union Budget as "anti-people" and said it would lead to further price rise hitting the common man. BJP`s vice president Mukhtar Abbas Naqvi said, "The budget will lead to further rise in prices that wi
Following are some of the key highlights of the Union Budget 2012-13, presented by Finance Minister Pranab Mukherjee in the Parliament Friday: *Tax burden for individuals to come down: Income tax exemption limit raised from Rs 1,80,
Threatening to launch a "big protest" for a strong Lokpal bill, Anna Hazare on Friday said the government will have to go if it does not bring a strong anti- corruption law. He said he will campaign for a strong Lokpal Bill till
The Supreme Court on Friday sought response from the Centre, States and Union Territories on a petition alleging that over one lakh children have mysteriously disappeared from their homes across the country between 2008 and 2011. A bench o
The ruling Congress cut a sorry figure in the Andhra Pradesh Assembly as a united Opposition launched a ferocious attack on the "tainted ministers" issue for the fifth successive day on Friday. The tame defence and the "lame
