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Commodity Transaction Tax from June 1?

India’s booming futures trade in commodities is likely to be tested soon, when the Government puts the proposed Commodities Transaction Tax (CTT) into effect. CTT will be levied on gold, silver and other non-agricultural commodities traded through commodities exchanges, once the Finance Ministry formally notifies the tax. »

India seeks access to Chinese market, invites investments

Anil Ambani, Chairman, ADAG, and Hu Huaibang, Chairman, China Development Bank, interacting with CEOs from India and China in New Delhi on Monday. — Ramesh Sharma Two sides will address trade imbalance issue, agree peace on border is key to ties »

Nestle to modernise Punjab plant, plans Rs 250 cr investment

Antonio Helio Waszyk, Chairman & Managing Director, Nestle India Ltd Dairy major Nestle India today said it will invest Rs 250 crore on expansion and modernisation of its existing milk plant at Moga in Punjab. In his meeting with Punjab Chief Minister Park... »

No special tax sops for inflation-indexed bonds

Open to retail investors, FIIs; first issue in June »

Inox Leisure (Rs 73): BUY

We recommend a buy in the stock of Inox Leisure from a short-term perspective. It is evident from the charts of the stock that it has been on a long-term uptrend since taking support at around Rs... »  

Opinion

Columns

RASHEEDA BHAGAT

‘The economy, the economy, the economy’

Nawaz Sharif’s victory has generated much expectation from businessmen as well as the common man. »

Sunil Kewalramani

US becoming energy kingpin

US shale gas will help meet most of the world's new oil demand in the next five years even if the global economy picks up steam. »

Editorial

Telecom tangle

National security concerns should be de-linked from policies to promote local equipment manufacture. »

Opinion

Lower wheat procurement benefits all

Higher procurement adds to the fiscal burden and pares returns for farmers in a firm market. »
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