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Day: March 9, 2015

Forex reserves rise to $338.08 billion as of February 27: RBI

Kolkata: India’s foreign exchange reserves grew by US$ 3.88 billion to reach US$ 338 billion for the week ended February 27, 2015.

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Gross direct tax collection during April-February of the Financial Year 2014-15 is up by 10.67 percent at Rs. 6,12,432 crore as against Rs. 5,53,373 crore during the same period last year

New Delhi: Gross direct tax collections during April-February 2014-15 has increased by 10.67 per cent to Rs 612,432 crore (US$ 97.69 billion) as against Rs 553,373 crore (US$ 88.27 billion) during the same period last year.

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KEC International wins new orders worth Rs1,243 crore

Mumbai: KEC International Ltd has won new orders worth Rs 1,243 crore (US$ 198.28 million) in the transmission and distribution, railways and cables businesses.

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‘Make in India’: Samsung plans to set up third manufacturing plant in India to make electronic goods, smartphones

New Delhi: Samsung Electronics plans to set up its third manufacturing plant in India, a move that would consolidate the company’s hold on a key market and provide a big push to the ‘Make in India’ campaign. The company is looking for land in Uttar Pradesh, Tamil Nadu and …read more

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