Business

Public Provident Fund and Senior Citizen Savings Scheme to earn 0.1 per cent less interest from April 1.

The euro was at $1.2856, after sliding more than 1 per cent against the dollar and hit a four-month low of $1.28295 on Monday.

German brokerage Deutsche Bank expresses confidence in the Indian markets, says Sensex could touch 22,500 points.

The bank says its top picks remain Axis Bank Ltd, Bank of Baroda, Larsen & Toubro Ltd among others.

Maken said all relevant clearances for real estate projects would have to be submitted to the regulator and displayed on website before starting the construction.

ArcelorMittal, the steel giant belonging to LN Mittal, had inked an MoU with Orissa government to set up a 12 mtpa steel plant, but it has been facing delay.

The money will not flow into the company kitty but to the 19 member consortium of domestic lenders, sources said.

Corporate India announced 72 acquisitions abroad worth $ 11 billion, a significant improvement over 2011, when the deal value stood at $ 6.7 billion.

Chidambaram is scheduled to meet foreign investors in major financial hubs in Japan, UAE, Canada and the US in the coming weeks.

He said earlier that Indian inflation was still high and should be reduced and held in a range of 4 to 6 per cent.

Exports between April and February fell 4 per cent year-on-year to $265.95 billion.

Sales of motorcycles dropped 4.5 per cent in February to 800,185 vehicles.

Total budget expenditure will hit Rs 16.65 trillion in the new fiscal year that begins on April 1, 2013.

The process to separate Time Inc into an independent public company will likely take place by the end of the year.

DTH Operators Association of India President Harit Nagpal said 'the increase seems out of place'.

In the Budget 2013-14, Rs 37,330 crore has been allocated to the Ministry of Health and Family Welfare.