NDTV Profit: Top Stories

INDIRECT TAX RATE REVIEW LIKELY TO BE ON HOLD DUE TO SCANT MONSOON
APRIL-MAY FY'10 INDIRECT TAX COLLECTIONS DOWN 28.5% AT RS. 29,044 CR (YOY)
INDIRECT TAX TARGET FOR FY10 AT RS.2.64 LAKH CRORES
INDIRECT TAX COLLECTIONS STOOD AT RS.40,605 CRORES FOR APRIL MAY '08-09
MAY SEE DROUGHT IN NORTH INDIA IF MONSOON DOESN'T COME IN NEXT 2-3 WKS
MONSOON IN SOUTH SEEM TO BE NORMAL, AREAS IN NORTH MAY FACE PROBLEMS
NDTV PROFIT FIRST REPORTED NEWS ON BAJAJ AUTOS NEW 100 CC BIKE
PLATINA TO REMAIN AN ENTRY LEVEL BIKE; DISCOVER TO TAP EXECUTIVE MARKET
NEW DISCOVER 100 CC NOT AN ENTRY LEVEL BIKE, WILL NOT REPLACE PLATINA 100
BAJAJ AUTO TO LAUNCH AN NEW 100CC DISCOVER
TO DEMERGE PASSIVE INFRASTRUCTURE UNIT WITH ITS TOWER UNIT
SHAREHOLDERS APPROVE DEMERGER OF IDEA'S PASSIVE INFRASTRUCTURE UNIT
NO CLEAR INDICATION WHEN GOVT WILL DIVEST STAKE IN SCI
DISAPPOINTED THAT NO STEPS WERE TAKEN FOR SHIPPING INDUSTRY IN BUDGET
HIGHER MAT TO NEGATIVELY IMPACT COS FULLY DEPENDENT ON BOT PROJECTS
IIFCL TO REFINANCE 60% COMMERCIAL BK LOANS FOR PPP PROJS TO EASE FUNDING
ALERT: JSW INFRA CURRENTLY MANAGES 80% OF JSW GROUP'S LOGISTICAL NEEDS
JSW INFRA EYEING JVS & PARTNERSHIPS TO BUILD PORTS AND RIG BUILDING YARDS
JSW INFRA TO USE IPO PROCEEDS TO BUILD PORTS AND RIG BUILDING YARDS
JSW INFRA IPO TO BE LAUNCHED AFTER JSW ENERGY' S IPO HITS THE MARKET
JSW INFRA & LOGISTICS REVIVES IPO PLANS, HOPES TO RAISE UPTO RS 1,000 CR
PROPOSES TO SUPPLY STAINLESS STEEL COACHES TO RAILWAYS: NW
STERLITE LOOKING TO BUY GOVTS 29.5% STAKE IN HIND ZINC FOR RS.10,000CR
CONDUCTING ENQUIRIES INTO 28 COMPANIES
FRAUD OFFICE HAS COMPLETED SATYAM ENQUIRY
RBI TRYING TO BALANCE MONETARY POLICY ALONG WITH LOW INFLATION
HIGHER TRANSPORTATION COSTS DUE TO FUEL PRICES TO ADD 30 BPS TO INFLATION
PRIMARY ARTICLES UP 0.3%, MFG PRODUCTS DOWN 0.1% (WOW)
WPI FOR ALL COMMODITIES UP 0.04% AT 234.7 (WOW)
INFLATION FOR WEEK ENDED JUNE 27 AT -1.55% VS -1.30% THE WEEK BEFORE

Updated: 08/07/09 | 11:59 AM IST

Top Stories

Indian stocks plunged in early trade today mirroring losses in overseas markets. Realty, metals and capital goods stocks were under severe selling pressure.

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Oil falls to near $62 on recovery doubts

Oil prices fell to near $62 a barrel on Wednesday in Asia growing concerns over a slower-than-expected recovery in the global economy.

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Slumping crude prices drag US markets lower

Major stock indices skidded 2 percent on Tuesday as crude fell for the fifth straight day and the Dow Jones industrial average fell 161 points to its lowest close since late April.

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No tax holiday for KG gas?

Barely a day after the Oil and Gas industry cheered, thinking that the Budget has helped them along, it seems a reclassification of rules that distinguish between oil fields and oil wells is causing some headaches.

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IIFCL gears up after big focus on infra

In an otherwise gloomy Budget, the one sector that managed to clinch some reason to smile is infrastructure and IIFCL is gearing up to take charge.

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Govt support to New Pension Scheme

Finance Minister Pranab Mukherjee announced new measures to support the New Pension System (NPS) but will these measures help to re-vitalise the NPS as well as the stock market?

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Hyundai not to enter CV space

Hyundai, one of the biggest automobile exporters in India and the second largest seller of vehicles in the country, has binned a plan to make and sell commercial vehicles in India. It says that there isn't enough demand.

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Budget brings excise relief for ITC

The government's decision to keep excise duties unchanged for cigarettes comes as a surprise for India's number one cigarette company ITC.

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Pressure on liquidity likely with heavy govt borrowing

The ballooning fiscal deficit and the increased spending program have thrown up a new set of problems for the Reserve Bank of India. The RBI may now be under pressure to make sure that interest rates stay low, as high government borrowing makes money harder to come by for others looking for cash.

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Rising fiscal deficit a cause for concern: Moody's

Global rating agency Moody's on Tuesday expressed concern on India's high fiscal deficit projected at 6.8 per cent for 2009-10 and cautioned that the situation may become complicated in the absence of measures like clear road map for disinvestment and structural reforms.

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Budget 2009

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