May 26, 2015 12:20 (IST)
There have been several reports and speculations of face-offs between the central bank and the Finance Ministry.
May 25, 2015 23:58 (IST)
The Delhi High Court on Monday asked Coal India Ltd (CIL) how it was offering coal from two Chhattisgarh mines to National Thermal Power Corporation (NTPC) when it had cited production issues to cancel an e-auction of 49,000 metric tonnes (MT) of the mineral, mined from the same area, won by Jindal Power Ltd (JPL).
May 25, 2015 23:58 (IST)
Praising various initiatives the Narendra Modi government has taken in the past one year, Ficci on Monday said it would take 18-24 months for results to be visible on the ground, even as the industry body noted that improving India's ranking in ease of doing business index is a "tall order".
May 25, 2015 23:42 (IST)
Mining and minerals giant Vedanta has said it is operating its Jharsugda aluminium facility at a mere 25 per cent of installed capacity while putting the blame on state government for absence of power linkage policy and raw material crunch.
May 25, 2015 21:21 (IST)
Gold prices were marginally lower on Monday, as the dollar gained traction against major currency rivals, on signs the Federal Reserve is preparing to tighten monetary policy for the first time in six years in 2015.
May 25, 2015 19:16 (IST)
The wage settlement has also introduced a medical insurance scheme for employees of member banks and their family members.
May 25, 2015 18:53 (IST)
With the prices of pulses rising by up to 64 per cent in the last one year, the government plans to increase supplies to rein in prices as it looks at steps to keep inflation down amid forecast of deficit monsoon.
May 25, 2015 18:38 (IST)
The panel, headed by Law Commission Chairman A P Shah, was formally constituted last week with former Chief Economic Advisor Ashok Lahiri and chartered accountant Girish Ahuja as other two members.
May 25, 2015 16:53 (IST)
Crude oil futures edged up on Monday as firm global demand vied with a strong dollar, but a public holiday in the United States and much of Europe kept trading muted.
May 25, 2015 16:03 (IST)
Cost of a 'bad hire' to an organisation is five times such an employee's annual salary and, hence, companies should focus on hiring the right talent to mitigate business risks, says a report.
May 25, 2015 15:36 (IST)
FDI proposals under approval route are cleared by the Foreign Investment Promotion Board (FIPB). However, those proposals involving investment of more than Rs 3,000 crore are given final clearance by the Cabinet Committee on Economic Affairs (CCEA).
May 25, 2015 11:11 (IST)
Confederation of All India Traders (CAIT) said the recent contradictory statements of Union Finance Minister Arun Jaitley and Commerce Minister Nirmala Sithraman on FDI retail notification, has created confusion in the trading community.
May 25, 2015 10:36 (IST)
Reliance Industries had ventured into selling petrol and diesel through a network of nearly 1,400 petrol pumps in 2006, but had to shut operations as it was not getting subsidies extended to state-run operators.
May 25, 2015 08:21 (IST)
John Nash, 86, and his wife, Alicia, 82, were thrown from the taxi and pronounced dead at the scene, New Jersey State Police spokesman Sgt. Gregory Williams added, declining to comment on media reports that they were not wearing seat belts.
May 24, 2015 18:36 (IST)
The Ashok alone incurred a loss of about Rs 13 crore in 2014-15, while other ITDC hotels together ran up losses of about Rs 15 crore.
May 24, 2015 15:20 (IST)
The idea is to set up a structure for quick sharing of information about unscrupulous borrowers and help banks fight bad loans.
May 22, 2015 16:37 (IST)
In line with a general weak trend, silver ready declined by Rs 180 to Rs 39,175 per kg, while weekly-based delivery advanced by Rs 95 to Rs 39,295 per kg on speculative buying.
May 22, 2015 16:28 (IST)
Technology giant IBM is planning to set up its second data centre in India to cater to the demand from various sectors including financial services and government.
May 22, 2015 16:23 (IST)
The Finance Ministry has sanctioned Rs 5,223 crore fuel subsidy for the January-March quarter to cover almost all of the revenue loss that the two retailers suffered on selling domestic cooking gas (LPG) and kerosene at government rates.
May 22, 2015 16:08 (IST)
In March, the market regulator announced an alternative investment platform targeted at the country's booming internet start-ups, relaxing some key requirements to encourage them to list at home.