A peak tax rate of 28 per cent plus states levying some amount of local sales tax or VAT on petrol and diesel is likely to be the tax structure when the two auto fuels are covered under the GST regime, a top government official said.
Southern Railway’s earnings rose in the first two months of the current fiscal due to its freight earnings registering a 50% rise.
The BJP government’s decision on Monday to go ahead with the work of upgrading Akola-Khandwa railway line passing through Melghat Tiger Reserve (MTR) without seeking forest clearance has once again kicked up a row.
Air-conditioners will be installed in the cabins of officers in charge of around 6,000 railway stations with large footfalls to make their work environment comfortable.
Eighty-three days after reposing “full faith and confidence” in ICICI Bank’s MD and CEO Chanda Kochhar and stating there was “no question of any quid pro quo/nepotism/conflict of interest”
The power ministry has advised all state governments and private power distribution companies (discoms) to import coal as Coal India was unable to meet the growing demand.
Volkswagen was holding crisis talks on Monday to find a stand-in boss for its Audi brand, a source familiar with the discussions said, after German authorities arrested Audi CEO Rupert Stadler as part of a probe into emissions test cheating.
The government is planning to list two of its railway PSUs – RVNL and IRFC – in the July-September quarter, a senior official said on Monday.
Himachal Pradesh’s plans to harness hydropower in a big way have received a jolt with investors reluctant to take up projects.
State-owned Oil and Natural Gas Corp (ONGC) has sold natural gas from three coal-bed methane (CBM) blocks in Jharkhand for a price ranging between USD 5.77 per million British thermal unit to USD 6.12 per MMBtu.