Saturday, May 30, 2015
May 30, 20152:47 am

The submission from the CBI comes, after Gupta on Wednesday had argued that Singh, being the then coal minister, had the ultimate power to allocate coal block.

May 30, 20152:36 am

On Friday, a ‘debate’ between the firms’ heads erupted on Twitter.

May 30, 20152:30 am

Auto, bank stocks lead the market surge, M&M biggest gainer with 4.89% rise

May 30, 20152:26 am

Move will free assets worth `22,000 crore

May 30, 20152:21 am
Financial Year 2016, GDP data, Arun Jaitley, Finance miniaster, Fiscal deficit, PECE, Business news

Welcoming the GDP data, finance minister Arun Jaitley said that manufacturing and services sector trends indicate India can grow at 8 to 9 per cent or even higher.

May 30, 201511:51 am
Indian Economy, India GDP, India GDP growth, India GDP 2014-2015, India economy news, India GDP news, Indian economy growth, Growth

Arun Jaitley: Absolutely clear that the economy is in recovery mode

May 29, 20152:27 am

Australian foreign affairs minister Julie Bishop says that both nations should be prepared for ‘give and take’ to overcome the challenges.

May 29, 20152:23 am

The indication comes at a time when both the sides are preparing for the 8th round of negotiations for comprehensive economic cooperation agreement (CECA) to be held in first week of July.

May 29, 20158:37 am
uber, uber cab, ola, ola cab, taxiforsure, taxi for sure, mobile cab, radio taxi, phone taxi, india news, business news, taxi news

The ministry has made provisions in the Motor Vehicles Act to register and operate app-based taxi hailing services within jurisdiction of states so that competition is allowed to foster.

May 30, 201511:46 am
Credit Information Bureau, bad loans, debt, debt collection, State Bank of India, indian express, express news, business news

Figure close to 15% of total non-performing assets of Rs3,03,380 cr; Rise highest ever in a calendar year.

May 29, 20156:17 am
raghuram rajan, rbi, reserve bank of india, ninth plan, indian agriculture, eighth plan, investment rates, india columns, indian express columns, indian express

Two factors that are likely to revive corporate investments, earnings, credit growth and thereby the equity markets over the next few quarters are a cut in interest rates and increased public spending, especially in the infrastructure space. While higher government spending may take some time, there is a feeling that with the softening of inflation, […]

May 29, 20151:11 am

In the letter to the trade unions, Dattatreya said that the inter-ministerial committee has been formed on the advice of Prime Minister Narendra Modi.

May 29, 20151:09 am
alcohols, alcoholism, india alcohol, alcohol report, alcohol consumption news, news, india news, OECD report, india alcohol news

The Centre had earlier this year passed Finance Act amendment which removed protection given to alcoholic liquor from service tax on manufacture.

May 29, 20151:05 am
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The airline has seen infusion of Rs 650 crore since the new promoters took over.

May 29, 20151:04 am
State-owned Oil and Natural Gas Corp (ONGC) has moved up several notches on the prestigious The Newsweek Green Ranking, 2014. (AP)

Fall despite not having to bear subsidy burden in Q4.

May 28, 20151:30 pm
UFO, UFO mumbai, mumbai ufo, jet airways flight delayed, ufo news, ufo in mumbai, ufo india, india ufo, ufo in india, india news

Jet Airways offers 1 million economy-class seats on sale.

May 28, 20152:48 am

On the poor condition of discoms, Goyal held states responsible for being fiscally imprudent over the years.

May 28, 20152:43 am

Deposit growth was at 11.85 per cent in the fortnight ended May 15. Time deposits grew 12.05 per cent y-o-y in the fortnight to Rs 79.51 lakh crore.

May 28, 20152:37 am

India’s flagship gas trading and marketing company GAIL (India) on Wednesday said it has entered into an agreement to sell liquefied natural gas (LNG) to Shell. GAIL’s chairman and managing director BC Tripathi said that a definitive agreement has been signed with Shell through its subsidiary in Singapore. However, he did not divulge the volumes […]

May 28, 20152:34 am
Union steel, Narendra Singh Tomar, steel companies, Posco, ArcelorMittal, foreign investors, RINL, indian express

The raw material insecurity for end use steel plants would end within six months as the auction of prospecting and mining leases for 199 mines is likely to be commenced soon by the states.

May 28, 20152:30 am

SBI Mutual Fund, after detailed studies, internal reports and due procedure, was set to launch the Shariah-compliant scheme on December 1, 2014.

May 28, 20156:04 am
Union steel, Narendra Singh Tomar, steel companies, Posco, ArcelorMittal, foreign investors, RINL, indian express

Between taking charge of mines ministry and announcing the government’s decision to auction iron ore mines, the Odisha government could have processed Posco’s mining concession proposal, but it did not happen.

May 27, 20152:24 am

The 10-member panel will be headed by former finance secretary Vijay Kelkar.

May 27, 20152:22 am
Delhi High Court, cancellation of coal e-auction, coal auction, Coal India Limited, JPL, business news, Indian express

JPL had challenged the CIL decision by way of an affidavit filed in a petition for quashing of a March 20 order of the government cancelling bids for two coal blocks amid speculation of cartelisation.

May 27, 20152:17 am
State Bank of India, SBI profit, SBI quarter profit, SBI bad loans, bad loans, business news

Government has appointed Rajnish Kumar as the fourth managing director by the country’s largest lender State Bank of India.

May 27, 20152:14 am

Punj Lloyd already enjoys credit lines — fund-based and otherwise — of close to Rs 10,000 crore, a senior executive in a public sector bank said.

May 27, 20152:11 am
Tata Motors, Tata, Tata Motors quarter revenue, Tata Motors domestic business, Jaguar, Land Rover, indian express, business news

Tata Motors domestic business continued to drag and British arm Jaguar Land Rover witnessed a fall in profits.

May 27, 20156:50 am
Arvind Subramanian, CEA Arvind Subramanian, chief economic adviser, CEA, Arvind Subramanianm RBI, Indian rupee, business news

The CEA said the RBI can ease interest rates in view of lower inflation and tamed fiscal deficit, but the country also needs to initiate action to keep the rupee competitive in view of the aggressive rate cuts.

May 27, 20152:00 am
DGCA, germanwings plane crash

DGCA Chief M Sathiyavathy and Chief Flight Operations Inspector Ajay Singh did not respond to messages seeking comments on the resignations.

May 26, 20152:24 am
Mahindra & Mahindra, M&M, Pawan Goenka, sports utility vehicles, SUV, business news, Indian express

Goenka said the company does not plan to invest anymore on the diesel and petrol variants of the car but “is looking to exploit the platform” by bringing in an electric variant of the model shortly.

May 26, 20152:18 am

Currently, the bank has one branch in Mumbai, which was opened in 2011. Earlier, it owned British bank Grindlays before selling it to Standard Chartered in 2000.

May 26, 20152:14 am
Union financial services secretary GS Sandhu ruled out further fund allocation in the forthcoming Budget for state-owned banks. (Reuters)

Lenders to bear an additional burden of Rs 8,370 crore.

May 26, 20152:10 am
Narendra Modi government, One year of Modi Govt, Congress, P Chidambaram, NDA government, Lok Sabha, Direct Taxes Code, Public Debt Management Agency, PDMA, India economy, Indian express, business news

Taking a swipe at finance minister Arun Jaitley, Chidambaram said that the term “tax terrorism” coined by him has “come to haunt him” now in the backdrop of tax notices to FIIs regarding minimum alternate tax.

May 26, 20152:03 am
The peasants of Gujarat mobilised more vigorously when the state government decided to significantly hike power tariffs than for the land issue. 

The 10-point charter demands inclusion of issues such as government steps to deal with price rise and unemployment.

May 26, 20152:00 am

The Sensex had hit a record high over 30,000 points earlier this year, but a sharp meltdown thereafter has brought it down to 27,643 points.

May 26, 20151:57 am

According to a labour ministry official, through the registration and issuance of U-WIN cards, the government also intends to create a Central-level database of all unorganised sector workers in the country.