NASSCOM Chairman Krishnakumar Natarajan on Tuesday said iGATE board has taken a right decision to sack its President and CEO Phaneesh Murthy over alleged sexual harassment, emphasizing that a "quick and decisive" action in such incidents augurs well for the IT industry.

Zaka Ashraf on Wednesday became the first elected head of the Pakistan Cricket Board (PCB) for a four-year term.

Gold demand is likely to fall as easing of general inflation rate will make investment in financial products more attractive than the yellow metal, PMEAC Chairman C Rangarajan said on Wednesday.

Central Board of Direct Taxes (CBDT) Chairman Sudhir Chandra said here that the Income Tax department has refunded as much as Rs 72,000 crore to tax payers across the country in 2009-10. 

In order to retrieve the black money, Central government has decided to bring the real estate transactions under scrutiny. The move will include both the private and corporate transactions.

Agriculture Minister Harak Singh Rawat on Thursday resigned from his post as the Chairman of the Uttarakhand Seeds and Tarai Development Corporation Ltd (UKSTDC) in the wake of office-of-profit controversy.

Under sharp criticism for not doing enough to tackle the black money menace, the government on Saturday has constituted a high-level committee of taxmen to suggest a legal framework to deal with the issue.

"Unprecedented" direct taxes collection of Rs 7.90 lakh crore in the current fiscal has "greatly strengthened" the nation’s efforts for fiscal consolidation, Finance Minister Pranab Mukherjee said.

A CPI (Maoist) politburo member, identified as Ankul Chandra Naskar alias Pareshda has been arrested from Silchar in Assam’s Cachar district, the police said on Friday. 65 year old Naskar was wanted for his involvement in several cases.

A whooping amount of black money worth Rs 30,000 crore in the country has been unearthed in past two years, said the Central Board of Direct Taxes (CBDT) which is set to get investigative powers to boost its drive against wrong-doers.