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  • US Seeks to Step Up India Trade Talks After WTO Deal

    US Seeks to Step Up India Trade Talks After WTO Deal

    Direct contact between President Obama and Prime Minister Narendra Modi this month helped to end a deadlock that had prevented the World Trade Organization from implementing a $1 trillion package of reforms to global customs rules.

  • Reserve Bank Planning More Measures for NBFCs

    Reserve Bank Planning More Measures for NBFCs

    Other measures being considered include a review of regulations of NBFCs within the microfinance sector and a system for tackling customer complaints for these shadow lenders, Gandhi added.

  • Government's Power Sector Reforms in Right Direction: Nomura

    Government's Power Sector Reforms in Right Direction: Nomura

    According to the Japanese financial services major, besides a shortage of supply, poor T&D infrastructure and a large amount of pilferage are some of the key issues plaguing the power sector.

  • Introduce 'Jan Bima Yojna' for Insurance: IRDA to Government

    Introduce 'Jan Bima Yojna' for Insurance: IRDA to Government

    The Narendra Modi-led government launched the 'Jan Dhan Yojana' in August this year with an aim to deepen the banking penetration, and the banks have so far responded by opening over 6 crore basic accounts of the targeted 7.5 crore.

  • Workers in Silicon Valley Weigh In on Obama's Immigration Order

    Workers in Silicon Valley Weigh In on Obama's Immigration Order

    Some immigrants working in technology were heartened by the president's actions and said they could potentially make life and work in the United States easier.

  • Arcil Cuts Bad Loan Purchase Target by 30 Per Cent to Rs 3,500 Crore

    Arcil Cuts Bad Loan Purchase Target by 30 Per Cent to Rs 3,500 Crore

    Distressed asset purchaser Arcil has pruned its yearly bad loan buying target by 30 per cent to Rs 3,500 crore following stricter guidelines issued by the Reserve Bank of India (RBI) recently, a top official has said.

  • Citi India Says Country Needs More, Bigger Banks

    Citi India Says Country Needs More, Bigger Banks

    As the Reserve Bank of India (RBI) readies for licensing of some niche-segment banks, global banking giant Citibank's India chief, Pramit Jhaveri, said there is room for a larger number of banks in the country, but it also needs lenders that are large in size to compete on a global stage.

  • National Auditor Not Factoring Project Delays if Decision Not Taken: Reliance Industries

    National Auditor Not Factoring Project Delays if Decision Not Taken: Reliance Industries

    Reliance Industries has contested the Comptroller and Auditor General's draft observations on some payments the company made to contractors of KG-D6 fields, saying the auditor had not considered the contract requirement of factoring consequences of delays in procurement of goods and services on the project.

  • Royal Enfield on Expansion Mode, to Set Up Third Plant

    Royal Enfield on Expansion Mode, to Set Up Third Plant

    Revving up the throttle on its expansion plans following 'huge' demand, premium motorcycle manufacturer Royal Enfield is looking at ramping up production at its two facilities here besides setting up a third plant, a top official said.

  • FDI Dips 16 Per Cent to $2.45 Billion in September

    FDI Dips 16 Per Cent to $2.45 Billion in September

    Falling for the second month in a row, foreign direct investment (FDI) coming to India declined about 16 per cent to $2.45 billion in September.

  • Manufacturing Growth May Moderate in December Quarter: Industry Body

    Manufacturing Growth May Moderate in December Quarter: Industry Body

    India's manufacturing sector is likely to see moderate growth in the third quarter of the ongoing fiscal year, according to a survey by industry body Ficci.

  • Finance Minister Wants RBI to Make Cost of Capital Cheaper

    Finance Minister Wants RBI to Make Cost of Capital Cheaper

    Finance Minister Arun Jaitley on Sunday pitched for an interest rate cut, expressing confidence that the Reserve Bank of India (RBI) will move in the direction of making the cost of capital reasonable to help perk up economy.

  • Government Plans to Bring Pharma-Related Departments Under One Roof

    Government Plans to Bring Pharma-Related Departments Under One Roof

    The government is working on bringing various departments and agencies dealing with the pharmaceuticals sector under a single authority for better coordination and effectiveness.

  • Vistara Airline Launch Held Up Due to Flying Permit Delay

    Vistara Airline Launch Held Up Due to Flying Permit Delay

    Full-service carrier Vistara will now be able to start operations only next year due to a delay in grant of scheduled Air Operator Permit (AOP).

  • Tata Motors Plans to Launch Trucks With Auto Gear Shift

    Tata Motors Plans to Launch Trucks With Auto Gear Shift

    Tata Motors plans to introduce several new technologies including the automated manual transmission (AMT) in its commercial vehicles in a bid to consolidate its position in the segment.

  • Government to Streamline Subsidies, Cheap LPG for Rich May Go: Finance Minister

    Government to Streamline Subsidies, Cheap LPG for Rich May Go: Finance Minister

    A reduction of the scope of subsidies currently being provided to well-off people appears to be on the anvil with Finance Minister Arun Jaitley questioning the justification of "unquantified" subsidy amounts to "unidentifiable" sections.

  • Expat Hiring Picking Up at Top Management Levels: Experts

    Expat Hiring Picking Up at Top Management Levels: Experts

    Expatriates are in high demand for top management positions in Indian companies, as such groups further expand their global presence, according to experts.

  • Coal India Trade Unions Call Off Strike

    Coal India Trade Unions Call Off Strike

    State-run Coal India's labour unions have called off a strike planned for Monday in protest against a stake sale and opening up of the industry, setting the stage for Prime Minister Narendra Modi to press ahead with energy reforms.

  • Commercial Mining of Coal to be Allowed After Auction: Finance Minister

    Commercial Mining of Coal to be Allowed After Auction: Finance Minister

    The government will allow commercial mining of coal by private companies after allocating mines to public sector undertakings and auction to specific end-users, Finance Minister Arun Jaitley said on Sunday.

  • Tanishq Relaunches Gold Deposit Scheme

    Tanishq Relaunches Gold Deposit Scheme

    Tata Group jewellery brand Tanishq has revived its 'gold harvest' scheme, which it had to discontinue few months ago due to the new Companies Act which terms such schemes as public-deposit schemes.

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