Economy News

HZL, Balco stake sale may hit roadblock

In what could be a possible hindrance to the government's plans to divest its residual stake in Hind...

Sale of govt stake in HZL, Balco gains momentumHind Zinc stake sale unlikely this fiscal as DoD goes slow
Finmin widens monitoring of NPAs at public sector banks to top 50 accounts
Asks lenders to submit action-taken report for such accounts as in Dec 2013

Sahara proposes to pay Rs 2,500 cr in 3 days for Roy’s release

The Sahara Group on Thursday made a fresh proposal to pay R2,500 crore within three working days and...

Bullish on India, IMF sees growth at 5.5% in fy15

Expects 6.25% for FY16, just under 7% over medium term

Govt to address coal bidders’ concerns next week

The inter-ministerial committee (IMC) on Thursday discussed issues raised by bidders for three coal ...

SC allows Soma Isolux to continue with highway project

Allowing Soma Isolux NH One Tollway Private Ltd to go ahead with the widening work on the 291-km Pa...
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RIL trashes CAG report, says took no govt favour in KG case
Denying allegations of collusion and receiving any favours from the government in the KG basin case
CBI to quiz Parakh in Talabira-II coal block allocation
The probe into alleged irregularities in allocation of Talabira-II coal blocks has gained momentum a...
Bring private sector under RTI: SCOPE chairman
Private sector companies should be brought under the ambit of the Right to Information (RTI) Act...
Coal block bidders pick holes in mines put up for sale
As the government initiated the process of auctioning coal blocks, bidders have raised concerns on s...
Increase usage of Sarfaesi law to recover bad loans, finmin tells PSB chiefs
The finance ministry has asked public sector banks (PSB) to increase the usage of Sarfaesi Act provi...
SC willing to defreeze Sahara’s accounts to help Subrata Roy repay Rs 10,000 cr
SC observed that they were considering relaxing the condition to secure Subrata Roy's release.
Over third of temporary workers in US from India
More than one-third of the temporary workers in the US in 2012 were from India
India mulls legislation to meet technical roadblocks in trade
Ajit Seth rued India lacking a proper legislative instrument to notify and administer technical regu...
Noida row: Supertech says it’s ready to refund buyers
Realty firm Supertech on Wednesday said it is ready to refund money to over 600 apartment buyers aff...
Sebi probes firms, global banks for round tripping
Capital market watchdog Sebi is probing at least three large global banks and many Indian companies ...
Bids for privatisation of six airports postponed to June
Bids for the privatisation of six Indian airports have been postponed once again...
Oil ministry to move Cabinet to let RIL retain gas finds
The oil ministry is moving the Cabinet to allow Reliance Industries retain three gas discoveries wor...
SC orders status quo on Compat order over penalty for 3 agrochem cos
The Supreme Court on Tuesday asked the three Aluminum Phosphide Tablets (APT) manufacturers and the ...
India puts civil aircraft plan back on runway
Hindustan Aeronautics to form SPV with National Aerospace Laboratories for turboprop plane by 2020
Policies, not party will impact India’s sovereign rating: S&P
Election outcome will give insight into new govt’s ability to implement reforms
Odisha mine closure may hit JSPL iron ore supplies
The stoppage of production at the Thakurani iron ore mines in Odisha from April 1...
Majority of young Indians feel corruption widespread in govt
An overwhelming majority of Indians feel that corruption is widespread in their government and belie...
Residents allege Supertech indulged in illegalities
The Allahabad High Court last week ordered realty firm Supertech to demolish two 40-storey towers in...
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