IT services major Infosys has said it will create 500 jobs in Calgary over the next three years, doubling its Canadian workforce to 4,000...

The government has room to cut excise duty on petrol and diesel by up to Rs 8.5 per litre without impacting its target for revenue from the tax on the two fuels, analysts said. Petrol and diesel prices hover at a historic high following a relentless increase in rates over the past nine months. There have been calls by opposition parties as well as sections of society to the government to reduce excise duty to ease consumer pain.

From dealing with middle-class requirements of automobiles to catering to the needs of luxury cars, car companies throughout India have been doing a brilliant...

Although the prices of Compressed Natural Gas (CNG) have been lower than petrol and diesel, price hike in every type of fuel that the common man depends on is not good news. Lately, prices of CNG have risen to 43 rupees per kilogram and that of PNG has risen to 28.41 rupees per standard cubic meter. However, the price hike which affects a large number of the Indian population is that of Liquified Petroleum Gas (LPG). In Rajasthan, the prices are now 798 rupees per cylinder. A hike of 100 rupees has been observed in just one month. In comparison with prices in December, the price of LPG in February is 200 rupees higher.

Economic reforms of India focus on generating more wealth into the system, but does it affect the distribution of wealth equally to every citizen of India. India is one of the fastest-growing economies in the world, yet an unequal country in allocating incentives to different scales of classes. Contrarily, the huge businessmen exploit income equality by gaining an advantage over the proportion of poor people residing in remote areas.