Economy News

ONGC western offshore assets see 11% rise in crude oil production

Public sector explorer ONGC has seen its crude oil output from its Western Offshore region, which co...

Viable to produce gas at $5.61: DK Sarraf, ONGCSensex at over 1-wk high, Nifty regains 7,900 mark on reforms drive
Govt considering proposal to restructure FTIL board
The government is considering a proposal for restructuring the board of Jignesh Shah-founded Financi...

India’s GDP may grow 5.6% in FY15 riding GST, says WB

Implementation of the goods and services tax, accompanied by dismantling of inter-state check posts,...

Black money: Govt discloses 3 more names

Anxious to ward off criticism that its stance on the issue of black money stashed abroad by Indians

MDI faculty members complain to Jaitley against chairman

Senior faculty members of Management Development Institute (MDI) — set up by Industrial Finance Corp...

Curbing inflation still priority for India

In striking contrast to the risk of prolonged and very low inflation in the euro zone and its potent...
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Russian boost for India’s dairy sector
Team from Russia’s ministry of agriculture set to inspect, certify milk processing units in India as...
Eureka! Big oil find near Ahmedabad
A significant oil discovery has been made near Ahmedabad in the Cambay basin that, by some estimates...
No softlanding in sight for $20-bn Rafale deal
Budgetary limits, deal negotiation with Dassault causing delay
US giant General Atomics scouting for Indian partners to make next-gen weapons
US-based global defence and nuclear giant General Atomics has already established base in India.
Think tank set up to advise govt on IPR
DIPP to come out with National Intellectual Property Rights Policy draft by January 2015
India to explore food, energy opportunities with Latin America
India has decided to expand its engagement with the Latin America and Caribbean (LAC) countries to g...
‘Pace of growth to pick up as reforms draw investment’
India’s economy will likely grow at its fastest pace in two years in the current fiscal year as Prim...
Diesel free, private OMCs look to tank up on retail plans
The country’s largest fuel retailer, IndianOil, operates over 23,900 pumps across the country.
In letter to Piyush Goyal, private gencos raise concerns over UMPP bidding norms
Last week, Adani Power, Jindal Power and Sterlite Energy pulled out of the bidding process for a UMP...
Come Nov, govt to start FY15 disinvestment with ONGC
Talks on with merchant bankers for 5% stake sale in state-run firm.
Kerala looks at petro outlets to soften liquor policy blow
Even as Kerala government’s monopoly liquor distribution arm Bevco is busy downsizing its outlets...
UP sugar industry to start ops, reposes faith in Akhilesh govt
Ending a period of uncertainty surrounding the 2014-15 sugar crushing season...
Peru seeks investment from India to resurrect its infra sector
Peru has sought investment from India to resurrect its infrastructure sector under a public-private ...
New policies set to relieve labour pain
While corporate India’s wait for sweeping labour reforms may not end soon...
Ecommerce major, Flipkart gets clean chit from ED over 'FDI violation'
Flipkart's business structuring fall in a grey area of law...
Brent slips to near 4-year low as Opec seen not lowering output
Brent crude oil eased to a near four-year low in the intraday trade...
JK Cement, UltraTech place bids for supplies to concrete road projects
Cement majors JK Cement and UltraTech are understood to have placed bids for supplying...
Switzerland promises India help in combating tax evasion
Switzerland authorities on Thursday promised India to share information relating...
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