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February 25, 2013
Production in the auto hub of Gurgaon came to a halt as auto leader Maruti Suzuki and two-wheeler giant Hero MotoCorp shut their plants. The losses due to the strike are estimated at Rs 26,000 crore.


Sanjiv Shankaran
March 1, 2013
GDP forecasts in an uncertain macroeconomic environment can be misleading.  In a space of just 10 months in 2012/13, April to January, the RBI put out four forecasts of GDP.


PTI
New Delhi, February 24, 2013
The Employees' Provident Fund Organisation's trustees are likely to decide the payment of 8.5 per cent interest to its over five crore subscribers on their provident fund deposits for 2012-13.


S.P.S. Pannu
New Delhi, February 24, 2013
As part of the UPA government's strategy to woo women voters in the run-up to the 2014 general elections, Union finance minister P. Chidambaram is expected to present a \"gender budget\".


Anand Adhikari
February 23, 2013
Rajesh Sud, CEO & MD of Max Life Insurance, says the Indian life insurance market faces numerous challenges for growth and is among the least profitable across Asia.


PTI
New Delhi, February 23, 2013
RBI has issued guidelines for corporates, both in private and public sectors as well as NBFCs, to foray into the banking space. The last date for applying for a new bank licence is July 1.


PTI
New Delhi, February 22, 2013
Former LIC chief T S Vijayan has taken over as the chairman of the Insurance Regulatory and Development Authority (IRDA).


Anand Adhikari
February 22, 2013
The appointment of former LIC chief T S Vijayan as the new chief of insurance regulator has raised a few eyebrows at a time when the government has been using the state-owned insurer as a proxy for its investments in various state owned institutions.


PTI
February 22, 2013
If cleared by Foreign Investment Promotion Board, this will be the first entry of an foreign carrier in the domestic airlines after the government liberalised the aviation FDI policy in September.


PTI
New Delhi, February 22, 2013
The railways is planning to introduce about 100 trains, including AC double deckers, new passenger services and extension of services to cater to the demands of various states in Rail Budget 2013-14.


PTI
New Delhi, February 22, 2013
A bill to replace the Director General of Civil Aviation (DGCA) by a new aviation regulatory body, with full operational and financial autonomy, is likely to be tabled in Parliament during the ongoing Budget Session.


PTI
New Delhi, February 22, 2013
Life insurance policyholders can look forward to more tax concessions in Budget 2013 as the finance ministry is considering a proposal to do away with service tax on first premium and create separate exemption limit for pension schemes.


PTI
New Delhi, February 21, 2013
Aiming to strengthen the corporate bond market in the country, Finance Minister P Chidambaram is likely to announce some incentives for these instruments in the upcoming budget.


PTI
New Delhi, February 20, 2013
Finance Minister P Chidambaram on Wednesday said the Union Cabinet will take a final call on settlement of the Rs 11,200-crore Vodafone tax case after seeking opinion of the Attorney General.


PTI
New Delhi, February 19, 2013
The government on Monday cancelled Rs 12,000 crore bond auctions, lowering its market borrowing programme for the current financial year in its bid to contain the fiscal deficit at 5.3 per cent.


PTI
New Delhi, February 18, 2013
Agriculture Minister Sharad Pawar's ministry has favoured the food ministry's Cabinet proposal to increase excise duty on sugar, to offset the financial burden on the Centre if it decides to buy the sweetener from the open market for ration shops.


PTI
New Delhi, February 15, 2013
Over five crore subscribers of the retirement fund body EPFO are likely to get 8.5 per cent return on their investment during 2012-13, higher than 8.25 per cent paid in the previous fiscal.


PTI
Mumbai, February 15, 2013
Market regulator Sebi on Friday allowed gold Exchange Traded Funds (ETFs) to invest in gold deposit schemes of banks, as part of overall efforts to utilise idle assets of the precious metal for more productive purposes.


Mail Today Bureaux
Mumbai/New Delhi, February 15, 2013
Kingfisher lenders hope to recover up to Rs 1,000 crore of their dues by monetising the securities in the March quarter itself.


Manu Kaushik
February 15, 2013
The sector also wants loans to have a longer tenure. With the exception of a few private sector banks, the maximum tenure of most loans given to the hospitality sector is 10 years. One of the representations the sector has made to the finance ministry is for an increase in the tenure to 15-20 years.


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