New Delhi | December 13, 2013 19:11 (IST)
The government-appointed Kirit Parikh committee suggested an "immediate" hike prices of diesel by Rs 5 a litre, Rs 4 per litre in kerosene and Rs 250 per cylinder in LPG, reduce annual entitlement of subsidised cooking gas cylinder from six from nine and phase out diesel subsidy in one year to cut a record subsidy burden.
December 13, 2013 18:40 (IST)
Malaysia Airports Holdings and TAV Havalimanlari are in separate talks with GMR to buy its 40 per cent in Sabiha Gokcen airport, one of Istanbul's two airports, sources told Reuters last week.
New Delhi | December 13, 2013 18:21 (IST)
The government received complaints against banks and financial institutions for their deficient services and practices related to credit cards like undue penal charges, late payment charges, issue of unsolicited cards and harassing telephone calls.
Mumbai | December 13, 2013 18:08 (IST)
Gold futures edged higher on Friday evening, helped by a weaker rupee amid flat overseas markets.
New Delhi | December 13, 2013 18:04 (IST)
The Coal Regulatory Authority Bill, 2013 comes amid the sector grappling with multiple woes, including shortfall in production and allegations of irregularities in allocation of mines.
New Delhi | December 13, 2013 17:41 (IST)
Auto major Tata Motors said on Friday that its global vehicle sales declined by 19.91 per cent to 81,957 units in November, compared to the year-ago period.
Vienna | December 13, 2013 17:41 (IST)
Air India is to start talks to join the Star Alliance group of carriers, the grouping said on Friday.
Mumbai | December 13, 2013 17:06 (IST)
The BSE Sensex fell on Friday to mark its biggest weekly fall in nearly a month, as rate-sensitive stocks such as ICICI Bank fell on caution ahead of the Reserve Bank of India's policy review and the US Federal Reserve meet next week.
December 13, 2013 16:32 (IST)
Tata Motors is trading at 8.38 times its 12-month forward earnings, just slightly higher than the 8.24 times for Sesa Sterlite, which is currently the cheapest stock in the Sensex.
Mumbai | December 13, 2013 16:09 (IST)
It said this in a note issued by its Singapore office, a day after the government released November's consumer price inflation (CPI) numbers.
December 13, 2013 16:05 (IST)
Many thoughts around our goals or investments drive an urge for financial planning. Financial planning is a process of knowing where we stand, deciding on what we want to achieve and making plans to bridge the gap. The analysis of where we stand represents our financial health.
December 13, 2013 15:57 (IST)
Rate sensitive sectors led by the banking stocks slumped today after sharply higher food prices drove up retail inflation to 11.24 percent in November raising expectations of a rate hike by the RBI when it meets on December 18 for monetary policy review.
New Delhi | December 13, 2013 15:48 (IST)
Banks have as much as Rs 3,652 crore of unclaimed deposits lying with them, with State Bank of India (SBI) alone accounting for about 15 per cent of the amount, the government informed Parliament on Friday.
December 13, 2013 15:38 (IST)
The rupee continued to trade weaker at 62.09/10 versus its close of 61.81/82 on Thursday as higher-than-expected retail inflation pushed up expectations of a rate hike by the Reserve Bank of India (RBI) at its upcoming monetary policy review on December 18.
New Delhi | December 13, 2013 15:32 (IST)
Mr Meena said the Finance Ministry had received a request to investigate the multi-crore finance scam at NSEL.
New Delhi | December 13, 2013 15:17 (IST)
Metro projects in India are the cheapest in the world due to availability of abundant manpower resources, according to Urban Development Secretary Sudhir Krishna.
London | December 13, 2013 15:15 (IST)
Stronger-than-expected U.S. retail sales data the previous session, coming after last week's forecast-beating jobs report, has increased speculation the Fed will start winding down its bond purchases soon. That would reduce the stimulus that helped to drive global equities in recent months.
December 13, 2013 14:54 (IST)
Recently, I was watching a fascinated talk on TED about a Somali who recounted his experiences while living in Somalia's capital, Mogadishu. Somalia, a famine and war-torn country, has been devastated with unemployment and an alarming rate of terrorism. Specifically, the talk was centred on the link between unemployment and terrorism.
Jerusalem | December 13, 2013 14:35 (IST)
The service will initially work in at least 60 countries, including the U.S., India, China and several others in Europe, Africa and Asia.
New Delhi | December 13, 2013 14:28 (IST)
Elder's India business comprises a portfolio of 30 brands including some market leading ones in women healthcare, pain management, wound care and neutraceuticals.