Business

Industrial output rose higher-than-expected in January 2012, compared to 1.8 in December 2011.

The share of the public sector banks in total banking assets has come down significantly.

Allies have been giving the Prime Minister a tough time; now his office is now being stood up by the Railway Board.

An increase in the tax exemptions limit from Rs 1 lakh to Rs 2 lakh in the Union Budget may allow people to save more money.

Experts believe that the market may drift down to around 5100 level ahead of major two events next week.

Sushil Kumar Modi said that 99 per cent of the states were of the opinion that either compensated or should revert to 4 per cent rate.

They are expected to discuss ways in which more economic activities could be brought under the tax net.

The government's handling of the share sale, seen as a litmus test for its stalled privatisation agenda.

The Telecom Ministry virtually sought extension of time for cancellation of licences.

The petroleum subsidy bill was projected to be Rs 23,640 crore in FY12 and may increase even further.

Union heavy industries minister Praful Patel is batting for the auto manufacturers on the diesel duty proposal.

Oil firms had last revised petrol prices on December 1 after which rates have not been changed because of Assembly Elections.

Mallya expressed confidence that a deal with a "foreign strategic investor" was likely.

Pratip Chaudhuri dismissed reports of the bank having decided to provide over Rs 1,500 crore as assistance to Kingfisher.

Vedanta acquired Cairn India from UK oil and gas group Cairn last year for $8.7 billion.

The exporters are also demanding exemption of minimum alternative tax on special economic zones, key exporting hubs.