Business

The government may go for moderate taxes in the Budget with the Economic Survey prescribing a tax reform mantra to unburden India Inc, phasing out of distortive exemptions and cutting deficits.

By 2007, all IATA members will need to have successfully undergone the IOSA audit in order to achieve or maintain IATA membership.

Railway Minister Lalu Prasad announced positive moves such as fare cut for 1st and 2nd class AC. Would this have an adverse impact on low-cost airlines?

Low-cost carrier SpiceJet signed a deal to buy 10 737 jets from US aircraft manufacturer Boeing worth $700 million at Asian Aerospace.

In a twist to the controversy over Mittal's bid to take over Arcelor, Luxembourg has has questioned India's intervention in the issue.

Gold prices tumble in the international market. It witnessed the largest single day fall in prices in 13 years on Wednesday.

India's leading private sector bank HDFC Ltd has hiked home loan rates by 0.5 per cent across the board with effect from February 1, 2006.

With GMR-Fraport as the new in-charge, the Delhi airport could possibly match the Frankfurt airport in terms of facilities.

Mittal Steel on Friday launched a takeover bid for French rival Arcelor worth 18.6 billion euros ($22.7 billion), in an attempt to bring two leading world steel groups together.

Markets ended lower after global weakness and partial profit booking on frontlne stocks. FMCG, capital goods gained.

NSDL has objected Sebi's order on the demat racket. According to NSDL Sebi's order does not follow principles of natural justice.

Indian low-cost airline Air Deccan said it will buy 30 new A320 aircraft worth a list price of $1.5 billion from Airbus.

After meeting with Boeing representatives, Civil Aviation Minister said the documents will be sent to the PM for approval.

Reliance and the GMR group have emerged as the top bidders for the Mumbai and Delhi airports.

Police used tear gas, fire hoses and pepper spray to quell demonstrations outside WTO meet venue in Hong Kong.

Be prepared to fork out a substantial amount of the medical bill on being hospitalised despite having a mediclaim policy.