July 22, 2014 22:27 (IST)
With the government granting flying licences to four of the six companies which had sought permits for launching scheduled, private or charter air operations, several more new airlines are likely to fly in the Indian skies in the coming months.
July 22, 2014 20:06 (IST)
India has cut its reliance on Iran for meeting its oil needs to less than 6 per cent as it raised imports from countries like Columbia and Mexico.
July 22, 2014 19:46 (IST)
"The Authority recommends that the investment of Rs 2,277.87 crore (Rs 1,772.91 crore for ANI and Rs 504.96 crore for Lakshadweep) be incurred for providing reliable and quality telecom services in ANI and Lakshadweep," the Telecom
July 22, 2014 18:32 (IST)
The Reserve Bank of India (RBI) has said it would start disclosing the names of lenders deemed as domestic systematically important banks (D-SIB), the rough equivalent of too-big-to-fail in other countries, in August of each year starting in 2015.
July 22, 2014 18:11 (IST)
The Reserve Bank of India (RBI) on Tuesday said loans for non-agricultural purposes backed by pledges of gold ornaments and jewellery had to have a loan-to-value ratio of 75 per cent against the pledged items.
July 22, 2014 16:58 (IST)
State-owned Oil and Natural Gas Corp (ONGC) will fast-track development of natural gas discoveries in its Krishna Godavari basin block with first gas planned no later than April 1, 2018.
July 22, 2014 16:46 (IST)
Terming the Budget announcement on giving pass through status to real estate investment trusts (REITs) as a "good beginning", HDFC chairman Deepak Parekh has urged the Finance Ministry to come up with more clarification on taxation front for it to be successful.
July 22, 2014 15:31 (IST)
Besides, subdued demand from jewellers in the domestic market and shifting of funds towards the surging stock markets also weighed on gold prices, traders said.
July 22, 2014 14:31 (IST)
Gold prices plunged by Rs 275 to Rs 28,200 per ten gram in the national capital today on stockists selling, tracking a weak global trend.
Kuala Lumpur, Malaysia | July 22, 2014 12:39 (IST)
Malaysia Airlines' two crashes in less than five months are sending tremors through the aviation insurance market - not least because the carrier's $2.25 billion overall liability policy is mysteriously missing a standard clause that usually limits insurers' payments for search-and-rescue costs.
New Delhi | July 22, 2014 07:38 (IST)
Most global retailers opted to enter India by opening a store in the city or in Mumbai before expanding to other cities, says a study. The top four destinations preferred by retailers are New Delhi, Mumbai, Bangalore and Hyderabad, the CBRE study said.
July 21, 2014 23:19 (IST)
Supreme Court-appointed former Australian judge Michael Hudson McHugh is believed to have withdrawn from the arbitration of Reliance Industries' KG-D6 gas dispute, according to sources.
July 21, 2014 23:10 (IST)
Pharma player Indoco Remedies on Monday said it has received a nod from the US Food and Drug Administration (FDA) for two of its facilities in Goa.
July 21, 2014 22:59 (IST)
Domestic cement makers' profitability is likely to improve in the ongoing fiscal year (2014-15) on higher realisation due to improved price, CARE Ratings said in a report on Monday.
July 21, 2014 21:24 (IST)
The Telecom Regulatory Authority of India (TRAI) on Monday asked the Department of Telecom (DoT) not to make any changes in entry fee and bank guarantee of companies involved in managing MNP (mobile number portability) service.
July 21, 2014 19:40 (IST)
Maruti Suzuki continues its dominance on the Indian roads with its four models, led by entry level small car Alto heading the top ten best-sellers list in April-June quarter of the ongoing fiscal year (2014-15).
July 21, 2014 18:38 (IST)
A Reserve Bank of India (RBI) panel on Monday proposed that counter cyclical capital buffers for banks consist of only common equity Tier 1 capital and be gradually raised to 2.5 per cent of lenders' risk weighted assets.
July 21, 2014 18:13 (IST)
Amid fuel shortages, power producers have been advised to import 54 million tonnes (MT) of coal in the current fiscal year, the government said on Monday.
July 21, 2014 17:57 (IST)
"CY-D6 Block relinquished as part of portfolio rationalization," RIL said in an investor presentation post announcing its first quarter earning numbers.
July 21, 2014 17:12 (IST)
Cases have been filed in the Bombay High Court against Kingfisher which has shut operations, Minister of State for Civil Aviation G M Siddeshwara said in reply to a question in the Lok Sabha.