economy News

DoT may withdraw R1,000-cr

The department of telecommunications may withdraw a penalty of about Rs 1,000 crore on Loop Telecom ...

Revamp wireless administrationNepal to turn into free Wi-Fi zone
India, US to share offshore account details of citizens
India and the US have agreed to share information on financial accounts held in each country by thei...

Audit firms fret over rule to report fraud in new Cos Act

Big audit firms have sought protection from civil and criminal liabilities in the wake of a new rule...

FTA with Australia: Push for easy visa, no consensus on tariff

New Delhi is pushing for easier visa norms and work permits from Canberra while the latter wants gre...

SC pulls up Centre for poor action against tax havens

The Supreme Court on Tuesday pulled up the government for failing to take concrete steps to recover ...

None for the road: Govt scraps PPP plan for Rs 6,290-cr expressway project after zero bids

In a sign of investor disinterest in road projects, the government has decided to scrap the plan to ...
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SC seeks govt reply on GM crop trials
Referring to the suggestions made by expert panels for indefinite moratorium on open field trials un...
CERC, Adani & Tata Power get notices on tariff order
The Appellate Tribunal for Electricity (Aptel) on Tuesday sought replies from the central electricit...
Finance ministry gets on with Budget work, seeks tax inputs from industry
Changes in both direct and indirect taxes will be considered to broaden the tax base.
SC to consider Sahara’s offer for Subrata Roy's release
Subrata Roy has been in Tihar jail since March 4.
No non-compete clause in pharma FDI
India allows 100% FDI in pharma sector
Coalgate: Clean chit to Cong MP
CBI closes case against Vijay Darda and his firm for lack of proof
GSM mobile subscribers at 721.9 m
The number of mobile subscribers on GSM network grew by 1.16% to 721.93 million in March
DoT recalculating one-time spectrum fee, telcos may gain
Revisions likely for Delhi, Mumbai, K’taka & Rajasthan circles in 1,800 Mhz
Says cap on audits ‘not well justified’
Describing the move to cap the number of audits as “not well...
ICAI flags concerns over DTC’s definition of ‘accountant’
ICAI, the apex grouping of chartered accountants, has contended that expanding the definition would ...
Driven by new fields, OVL crude output surges 26%
OVL produced 5.491 million tonne of crude from assets in over 16 countries in 2013-14 against 4.341 ...
New policy to weed out non-performing vendors at NTPC
The country's largest power producer, NTPC, which does R50,000-crore worth public procurements ever...
PFC to be states’ consultant for power purchase
Power Finance Corporation (PFC) has been mandated to be a consultant for all states for long- and me...
Centre plans insurance pool for nuclear plants
n Move to address liability issue, pave way for large projects
‘NCR office space leasing up threefold’
Office space leasing in the Delhi-NCR region jumped more than threefold to nearly 1.5 million sq ft ...
Applications to US graduate schools from India up 32%
The number of overall international applications, up 7%, probably would have declined, except for gr...
NTPC may be allowed to divert unutilised gas to other plants
Petroleum ministry to direct GAIL to permit intra-day revision of gas nominations
Online PF transfer for workers under private trusts from July
There are over 3,000 private PF trusts, which manage the accounts as well as retirement fund.
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