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Oman govt fund to pick up 24.5% in Ansal township

Ansal API’s 2,500-acre township Megapolis in Dadri, Greater Noida, might see another round of stake dilution in the very first month of the project’s launch. According to sources, State General Reserve...

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Limit for FII investment increased to $10 billion

The Indian government has increased the investment bars for the foreign funds in government and corporate bonds. This move by the government will decrease the pressure on banks to raise rates with...

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Cash in foreign countries will be taxed

As per the report in PTI, black money stashed in tax havens  will be taxable income under the Direct Taxes Code Bill, the Centre told the Supreme. The government also informed the apex court that it...

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India to lead global economic growth: OECD

As reported by the agencies, India is poised to register strong economic growth in 2011 that will offset the impact of slowdown in some developed economies, Secretary General of the Organisation for...

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