Business

Nisha said bilateral trade has the potential to grow to $10 billion from $2.5 billion, as recorded in 2013.

The report will be submitted to the Supreme Court where PHFI is one of the petitioners in a case challenging the current NPPP.

Investors such as hedge funds and sovereign wealth funds held $768 billion in emerging market government bonds as of June 2013, an IMF paper shows.

CBI also raided offices and residences of Kumarah and Goyal.

While India has claimed the blockages were unfair, the US government has retorted that it will ensure all products entering its shore conform to its domestic standards.

Oil minister M Veerappa Moily had on February 28 confirmed the sale would happen at 10 per cent discount.

Late in January, for instance, Toyota was forced to stop the sale of several popular models, including Camry and Corolla, over concerns over malfunctioning heated seats.

The domestic currency was strengthened by sustained foreign funds inflow and dollar selling by exporters and some banks.

Market is hopeful that recent developments will boost R and FII inflow.

Experts feel markets are likely to rally further.

Piaggio has so far sold 70,000 Vespa scooters since its foray into the segment in the domestic market.

The HSBC India Composite Output Index stood at 50.3 in February, lightly higher than 49.6 in January.

Set up last year, PM’s Monitoring Group has so far cleared 147 projects.

Telecom minister Kapil Sibal had asked the Department of Telecommunications (DoT) to work on rationalising penalties.

The Cabinet conditioned its applicability to gas being produced from the main field in KG-D6 block to RIL furnishing a bank guarantee.

Increase in weekly seat entitlements between India and Dubai will benefit Dubai-based airlines as it had already used up its quota.

For the 24-month-old IntelleGrow, this was the second tranche after it got the first one of Rs 10 crore before.

Finance minister said that the model code of conduct has nothing to do with the normal functioning of the government.

Sebi has contested Sahara’s direct refund claims and analysis of Sahara's documents have thrown up large-scale mismatch.

CAD was at $4.2 bn, which is 0.9% of GDP, in Q3FY14, significantly lower from $31.9 bn (6.5% of GDP) in the same period in FY13.

FM P Chidambaram concluded after a three-hour performance review meeting that banks must infuse part of their earnings as fresh capital.

Japan’s finance ministry is studying possible rules that could govern transactions using the digital currency.

The Income Tax department has rebutted Vodafone’s notice saying that the pact between India and Netherlands does not cover taxation issues.

CBI judge Dinesh Kumar Sharma handed down the jail term to Satish Kuma after holding him guilty under the Prevention of Corruption Act.

ONGC will get Rs 16,000 crore in incremental revenue from gas price rising from $4.2 to about $8 per million British thermal unit.