Economy News

DGH for Cairn PSC extension only after firm declares Barmer potential

‘Only 5-year extension for the block as it is primarily oil-producing’

Finmin pushes to bring DGH under budgetary funding, oilmin baulksHonour contracts or investments won’t come: BP chief to Moily
Supertech directed to refund money to flat owners in a month
The Supreme Court on Wednesday directed real estate firm Supertech to refund within a month the prin...

SC asks Sahara, jail officials to work out ‘viable’ plan for hotel sale talks

The Supreme Court on Wednesday asked the Sahara Group and Delhi’s Tihar jail authorities to work out...

Employment grew 34% in 8 years to 2013: Census

As job growth lagged the rate of economic expansion in the last decade, the government’s sixth econo...

AP dangles PSU profit carrot to raise funds for crop loan recast

The Andhra Pradesh government has decided to raise loans from banks, by guaranteeing future revenues...

I-T dept adds to woes of SEZ units

IT SEZs having more than 20% staff redeployed from other units to lose tax sops
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HC to govt: State stand on Kingfisher’s pending security plea
The Delhi High Court on Wednesday directed the ministry of civil aviation to disclose as to why an a...
MBS next major realty reform target for Centre
The government has identified mortgage-backed securities (MBS) as the next big-ticket reform item in...
Taxman to write polite letters to assessees
Politeness is the new mantra for the income-tax department which has asked its officials to be more ...
‘Clarification on resolutions under old cos Act ambiguous’
The government’s move to clarify the applicability of company resolutions passed as per the old Comp...
RBI to Sebi: Bar ‘wilful’ defaulters from raising funds
Tightening the regulatory noose on wilful defaulters of bank loans, the Reserve Bank of India has su...
Govt cautious but decisive on labour reforms
When Prime Minister Narendra Modi underscored the need for “skill, scale and speed” to compete with ...
Narendra Modi outlines plan for ‘second green revolution’
PM pitches for greater use of research under ‘Lab-to-Land’
Rlys’ work to disrupt grain supply to N-E
Grain supply to the Northeast is likely to be hampered by the railways’ plan to link Assam with Trip...
Coalmin cold to CIL stake sale
The government’s disinvestment plan, which depends heavily on a proposed 10% sale of its equity in C...
BHEL set to enter retrofit business for lack of new orders
Lack of new orders and fall in earnings have pushed BHEL to look for new business opportunities.
Govt to take over major chunk of N-E border highway projects
Fast-track implementation of projects under newly-constituted NHIDCL
PE, hedge funds to get pass-through status only if riders are met: I-T dept
With the income-tax department on Monday clarifying that tax pass-through status would be available ...
Farm sector stares at muted 1% growth even as rainfall picks up
Could even hit zero if seasonal showers fail to recover by August end: Crisil report
Finmin to go OFS way for stake sales in PSUs, HindZinc
The finance ministry has decided to opt for the offer for sale (OFS) route to sell its stakes in all...
DIPP secy takes on commerce min over FTAs
In response to commerce secy’s letter, bats for focus on implementation of manufacturing policy inst...
‘India’s rating to remain stable over next 1 year’
India’s Sovereign credit rating is expected to remain stable over the next 12-month perio
FM may brief RBI board on steps taken to cut deficit, need to lower rates on August 9
Finance minister Arun Jaitley will address the board of the Reserve Bank on August 9 amid expectatio...
CIL yet to ink fuel supply deals with 12 power units
Coal India (CIL) is yet to enter into fuel supply pacts with 12 power units as issues like change in...
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