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.
On Friday, a ‘debate’ between the firms’ heads erupted on Twitter.
Auto, bank stocks lead the market surge, M&M biggest gainer with 4.89% rise
Move will free assets worth `22,000 crore
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.
Arun Jaitley: Absolutely clear that the economy is in recovery mode
Australian foreign affairs minister Julie Bishop says that both nations should be prepared for ‘give and take’ to overcome the challenges.
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.
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.
Figure close to 15% of total non-performing assets of Rs3,03,380 cr; Rise highest ever in a calendar year.
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, […]
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.
The Centre had earlier this year passed Finance Act amendment which removed protection given to alcoholic liquor from service tax on manufacture.
The airline has seen infusion of Rs 650 crore since the new promoters took over.
Fall despite not having to bear subsidy burden in Q4.
Jet Airways offers 1 million economy-class seats on sale.
On the poor condition of discoms, Goyal held states responsible for being fiscally imprudent over the years.
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.
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 […]
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.
SBI Mutual Fund, after detailed studies, internal reports and due procedure, was set to launch the Shariah-compliant scheme on December 1, 2014.
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.
The 10-member panel will be headed by former finance secretary Vijay Kelkar.
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.
Government has appointed Rajnish Kumar as the fourth managing director by the country’s largest lender State Bank of India.
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.
Tata Motors domestic business continued to drag and British arm Jaguar Land Rover witnessed a fall in profits.
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.
DGCA Chief M Sathiyavathy and Chief Flight Operations Inspector Ajay Singh did not respond to messages seeking comments on the resignations.
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.
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.
Lenders to bear an additional burden of Rs 8,370 crore.
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.
The 10-point charter demands inclusion of issues such as government steps to deal with price rise and unemployment.
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.
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.