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FinMin, watchdogs worried about Sahara-NSEL ties

The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara......

NSEL confident of settling dues ahead of schedule

National Spot Exchange Ltd is confident of settling the Rs 5,600-crore (Rs 56-billion) dues to investors earlier than the 30-week schedule it had declared last week. “The time schedule......

NSEL payment crisis: Deora seeks PM's intervention

As no solution to the Rs 5,600 crore (Rs 56 billion) payment crisis at NSEL has appeared on the horizon so far, the Prime Minister has been asked by a minister in his Cabinet to intervene to......

Biscuit makers want no excise duty

Biscuit manufacturers have sought abolition of excise duty and reduction in value added tax by as much as 4 per cent in the Budget, stating that the product is consumed by common man and also......

Uniform gold price in India soon

The days of spot prices of gold differing from one city to another will soon be over. The launch of the Indian Bullion Market Association, which will represent the Indian bullion trade and......

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