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View Article  Inflation still a concern: RBI

The Reserve Bank of India is concerned by accelerating inflation and will use all monetary policy tools to cool price pressures, deputy governor Rakesh Mohan said on Tuesday (February 13). Mohan also said that when an economy underwent structural changes there could be "micro imbalances that lead to observation of excess demand and overheating".

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View Article  This Budget to be a girl's best friend

With the Union Budget likely to abolish the import duty on cut and polished diamonds (CPDs) and gemstones, the ems & jewellery industry is in for some happy times. Another planned initiative for the industry is the introduction of the presumptive tax regime, which allows for computation of income-tax on the basis of turnover.

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