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Tax the super rich to help poor: Report

1.5% extra tax on super rich can pull 90 crore out of poverty

Just 5 free ATM transactions

Using ATMs to withdraw money or for other purposes like balance enquiry beyond five times in a month will attract a levy of `20 per transaction from Saturday.

350 national highways to go hi-tech with e-tolls

Union minister for road and surface transport Nitin Gadkari on Friday unveiled reforms in collection of toll on highways by making stretches built with cost upto `50 crores free for the commuters.

Core sector grows in slow motion

India’s infra growth slowed down to an eight-month low of 1.9 per cent in September due to fall in output of crude oil, natural gas, refinery products and fertiliser.

Fiscal deficit hits 83% in 6 months

India’s fiscal deficit has touched 83 per cent of the full-year target in September-end, a phenomenon which finance minister Arun Jaitley attributed to rising tax refunds in first half of the current

Japan puts Sensex on high

Sensex up 519 points in a new record; Nifty gains 100 points in 5 hours

Ministries told to expedite budgetary process

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Funds can be released soon after the Budget is passed

SEBI piles pressure on Sahara to sell overseas hotels

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SEBI accused Sahara of deliberately failing to sell its overseas hotels in New York and London

Shiv Nadar buys Rs 115 crore mansion for kin

Shiv Nadar

In one of the largest such transactions, HCL chairman Shiv Nadar has reportedly bought a bungalow in the Friends Colony East area of Delhi for Rs 115 crore.

Market Wrap

NMDC Q2 net up by 19%

State-owned iron ore mine NMDC on Friday reported an 18.89 per cent rise in net profit for second quarter of this fiscal at Rs 1,567 crore on imp-roved sales.

The Archers and Test cricket: words you rarely find in the same sentence and more’s the pity as there’s not much else that can give greater innocent pleasure.

For those younger Pakistanis born in the 1990s and later, the country’s growing dysfunctionality and its slipping further behind in the global comity of nations across a wide front, has seemed to be t