New Delhi | June 17, 2013 20:50 (IST)
Mr Roy, who at present a Managing Director in the organisation, would be succeeding D K Mehrotra, whose term as LIC chief ended on May 31.
June 17, 2013 20:04 (IST)
Roaming charges are set to fall from July 1 after Telecom Regulatory Authority of India (TRAI) announced new tariff structures for voice calls and SMSes.
June 17, 2013 19:46 (IST)
A depreciating rupee against the dollar means the cost of education in the US goes up, indicating that the student may have to borrow extra to fund his studies.
June 17, 2013 19:12 (IST)
The indirect tax collection for the month of April-May was Rs 71,379 crore, while the customs duty collection and service tax collection for the period were Rs 28,080 crore and Rs 19,710 crore, respectively.
New Delhi | June 17, 2013 19:02 (IST)
Earlier, this provision was there for gold units outside the zones.
June 17, 2013 18:53 (IST)
The government is keen on increasing FDI ceilings to attract more inflows, and finance the widening current account deficit.
Hyderabad | June 17, 2013 18:33 (IST)
The no-frill Air Costa will initially fly to Bangalore, Chennai, Hyderabad and Vijayawada and later to some two-tier cities in the north.
June 17, 2013 18:16 (IST)
Panel members conducted the second phase of inspection of Sterlite unit yesterday, and checked if the pollution monitoring equipment at the unit was working properly.
June 17, 2013 18:01 (IST)
According to RBI trade deficit widened to $20.1 billion in May from $17.8 billion a month ago. Gold and silver imports rose nearly 90 per cent to $8.4 billion in May.
Mumbai | June 17, 2013 17:57 (IST)
Dealers said the rupee was helped by the central bank's concern that a falling currency would feed into imported inflation, comments that suggested it would not tolerate large rupee weakness.
Hong Kong | June 17, 2013 17:38 (IST)
Li's companies have been seeking to expand their already considerable global portfolio of investments in utilities and infrastructure, which include electricity plants in Australia and natural gas networks in Britain.
June 17, 2013 17:26 (IST)
The announcement comes a day after the company appointed former Tata group chairman Ratan Tata as the chief adviser to the AirAsia board.
June 17, 2013 16:45 (IST)
Ruling out the possibility of cutting lending rates after Reserve Bank kept key rates unchanged, bankers today said the central bank decision to hold the rates was on expected lines given the troubles on rupee and high current account deficit.
Mumbai | June 17, 2013 16:18 (IST)
At 3:56 p.m., the actively traded gold for August delivery on the Multi Commodity Exchange (MCX) was 0.32 per cent lower at Rs 27,790 per 10 grams. It has moved in a range of Rs 26,961-28,288 since the start of the month.
Mumbai | June 17, 2013 16:04 (IST)
The brokerage says it expects Reliance to benefit from the recent improvement in global refining and petchem margins.
New Delhi | June 17, 2013 15:33 (IST)
As per the agreement, Air France (AF) and KLM can place their own codes (AF) and (KL) on Jet Airways domestic flights for providing connectivity to three major Indian cities beyond Bengaluru, Delhi and Mumbai.
Guwahati | June 17, 2013 15:30 (IST)
While LG Electronics and Blue Star have already increased prices, Tata group company Voltas has said that it's keeping its options open.
Chennai | June 17, 2013 15:18 (IST)
Ford plans to export the EcoSport from Chennai for the European market where the vehicle will compete in a growing, but increasingly crowded segment. Its launch is expected in late 2013.
June 17, 2013 15:03 (IST)
The BSE Sensex rebounded sharply on Monday despite disappointment from the Reserve Bank's policy announcement. The central bank left rates unchanged, as widely expected, citing developments in the external sector, but analysts focused on RBI's forward guidance, which suggests a bias towards cutting rates.
New Delhi | June 17, 2013 15:02 (IST)
India has been struggling to control the current account deficit that hit an all-time high of 6.7 per cent of the gross domestic product (GDP) in the December quarter. The deficit has exacerbated the fall of the Indian rupee against the dollar in the recent sell-off in emerging currencies.