|
INDIA BUSINESS WORLD - JUNE 1st - JUNE 30th - 2008
The Month that was ...
News & important developments from the most prospective of the New World markets... India. Our effort is to provide you with the latest and relevant developments that take place in the Indian business, economic and legal environment.
ECONOMIC & LEGAL NEWS
STEEL EXPORT CESS ROLLED BACK, 15% DUTY ON IRON ORE LEVIED THE steel industry has finally got what it has been waiting for a long time.....More....
DIRECT TAX COLLECTION RISESDIRECT tax receipts, which comprise corporate and personal income tax, rose 71.3% in the first two months of the current fiscal from a year ago, indicating that the economy is well on track .......More....
CRR, REPO RATE HIKED BY 0.5% INDIVIDUAL borrowers, corporates, stock market investors and cash-starved property developers are set to walk a long and painful road, with their worst fears coming true .......More....
FINANCE MINISTRY DEFENDS REPO RATE HIKEReserve Bank of India has hiked the REPO rate by 50 basis points and the CRR by 50 basis points (in two stages)..........More....
OVERSEAS BORROWINGS BY CORPORATES TO GET COSTLIERThis comes at a time when the central bank is draining close to Rs 1,000 crore everyday by selling dollars to support the rupee..........More....
|
