Business News
Amitav RanjanMay 27, 2014
It seeks directions to the Centre to set up an independent agency to establish the amount of gas drawn by RIL and apportion ONGC’s share.
ENS Economic BureauMay 27, 2014
Foreign exchange reserves increased by $15.5 billion during FY14 as compared with $3.8 billion in FY13.
ENS Economic BureauMay 27, 2014
The rupee weakened 19 paise on Monday, logging its sharpest drop in over a month, to close at 58.71 against the US dollar, amid demand for the American currency from oil importers and late profit-booking
ENS Economic BureauMay 27, 2014
As of now there is no clarity on how much spectrum will be auctioned and when.
ENS Economic BureauMay 27, 2014
Another proposal on the NDA government table is to merge steel and mines ministries as iron ore, bauxite and coking coal are considered to be essential ingredients in manufacturing steel, aluminium and cement.
ENS Economic BureauMay 27, 2014
Prime Minister Narendra Modi has decided to bring surface transport with shipping to make decision-making in the sector happen quicker.
ENS Economic BureauMay 27, 2014
The new government faces the challenge of addressing declining exports and it will be immediately tasked with framing the Foreign Trade Policy (FTP) 2014-19.
ENS Economic BureauMay 27, 2014
Budget preparations could be aided by the smaller size of the Cabinet, which could mean less deliberations and lobbying by ministries for allocations and schemes.
Press Trust of IndiaMay 26, 2014
Easing fuel shortages should also be top focus of new govt, Power ministry informs Narendra Modi.
Press Trust of IndiaMay 26, 2014
As part of United Spirits deal, Diageo has made open offer for 26% stake.
ReutersMay 26, 2014
After rising nearly 482 points, Sensex fell into negative territory but recovered in pre-close trade.
May 26, 2014
Search for next CEO: It’s a tight race to the top at Infosys Subscriber Only
Never before in the history of Infosys has the race been this competitive.
Press Trust of IndiaMay 26, 2014
Indian rupee up 6 paise against US dollar in morning trade Subscriber Only
Indian rupee had depreciated by five paise to end at 58.52 against the US dollar on Friday.
ENS Economic BureauMay 26, 2014
FY14 saw some pick up in the first year premium collection in the life insurance space.
May 26, 2014
India, Pakistan may shake hands on electricity, hydrocarbons Subscriber Only
Pakistani proposal is to import 200 million cubic feet per day (mmcfd) of LNG from India.
Press Trust of IndiaMay 26, 2014
Overseas investors have pumped in over Rs 14,000 crore in Indian stocks so far this month as the new BJP government is seen as being reforms-oriented.
ENS Economic BureauMay 26, 2014
The industry has been suffering from low penetration which currently stands below 5 per cent of the GDP.
Shruti SrivastavaMay 26, 2014
Modi’s effective governance hinges on IT backbone Subscriber Only
There are indications that the Modi government would merge existing ministries in complementary areas to remove anomalies and to deliver effective governance.
Press Trust of IndiaMay 26, 2014
OVL inks deal with Rosneft for exploration Subscriber Only
OVL has signed a deal with Russia’s largest oil and gas producer Rosneft to jointly explore hydrocarbons in the offshore Arctic.
Press Trust of IndiaMay 26, 2014
RBI may hike individual spending limit abroad to $200,000 a year Subscriber Only
This remittance limit was allowed under the condition that the fund should not be used for acquisition of immovable property.
Amitav RanjanMay 26, 2014
Iran to India: Pay suppliers of food, medicines with oil euros Subscriber Only
Iran now wants to get back its euros owed by India through a new channel. It wants New Delhi to pay the money that Tehran owes to third countries for purchase of food, medicines and
ReutersMay 26, 2014
Panagariya, 61, whose market-friendly, pro-growth economics has helped shape Modi’s outlook, told that higher spending is critical to India’s economic revival.
Shruti SrivastavaMay 26, 2014
Labour ministry to examine laws with a focus on MSMEs Subscriber Only
The committee would also discuss issues ranging from multiplicity and complexities of labour laws.
Press Trust of IndiaMay 26, 2014
Samsung India mobile chief joins Micromax as CEO Subscriber Only
Micromax, country’s second largest smartphone player, expects the move to help it further strengthen its position in the segment.
Express News ServiceMay 26, 2014
SAIL’s Verma gets ‘CEO of the Year’ award Subscriber Only
The nominees for the awards consisted of industry leaders from 19 nations.
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