Business

There is good news for ladies as far as jewellery is concerned as they will be allowed to bring more duty free gold items.

The government had originally set the disinvestment target for current fiscal at Rs 30,000 crore.

Railway Minister Pawan Kumar Bansal announced 67 new express trains and 26 new passenger trains as part of the Railway Budget 2013-14.

Indian carriers will now have an additional 25,000 seats available each week to fly to Hong Kong, Singapore, Thailand, United Kingdom, UAE among eight others.

The Indian aviation industry lost a combined $2 billion last year.

Following the protest, two of the media partners of the event have also withdrawn their support to the event.

Sources said a section of the Congress is not inclined towards effecting another round of fare hike.

According to sources, Etihad was in talks to pick up a 24 per cent stake in Jet for up to $330 million.

During the meeting, Modi put forth 109 issues which require urgent attention of the Centre, a statement said.

The SC said on Friday that telecom companies which were unsuccessful in availing fresh 2G spectrum will cease to operate 'forthwith'.

Tech Mahindra, Satyam's parent company, is looking to make acquisitions to add capabilities and customers.

The companies whose petitions were rejected are Videocon Telecommunications, Sistema Shyam Teleservices, Tata Teleservices and Idea Cellular.

Exports from the industry were estimated to have grown 10.2 per cent to $75.8 billion in the current fiscal year.

Under the scheme, an individual with an income of less than Rs 10 lakh would get tax incentives for investing up to Rs 50,000 in the stock market.

Similarly, the National Stock Exchange index Nifty fell by 35.30 points, or 0.59 per cent, to 5,903.50 led by stocks of metal, realty and auto sectors.

Air India is likely to pay up the remaining amount of Rs 375 crore "in the next two-three months".