economy News

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

Pushed on backfoot by Reliance Industries, Oil Ministry bats for corporate on gas findsReliance Industries shares at a 3-year high
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 Roy repay Rs 10,000 cr

In a minor relief to the Sahara Group, the Supreme Court on Wednesday said it was willing to relax i...
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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 ...
Residents allege Supertech indulged in illegalities
The Allahabad High Court last week ordered realty firm Supertech to demolish two 40-storey towers in...
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...
Oil min seeks more flexibility for exploration companies
The government had allowed companies in February last year to launch probe missions to find more oil...
Jalan backs RBI’s banking nod for IDFC, Bandhan
There is no contradiction in the apex bank’s “principle of financial inclusion” and awarding full-fl...
G20 growth plan not enough to bridge job deficit of 45 m: ILO
While the G20's agenda to accelerate GDP growth by 2% above the present trend in next five years was...
Fertiliser subsidy arrears at Rs 30,000 cr
Fertiliser subsidy arrears at the end of 2013-14 are estimated at Rs 30,000 crore, the same as the p...
Public sector bank management should be held accountable for bad loans: Bimal Jalan
Issue is important and now we have to think to make the mgt accountable: Bimal Jalan.
Rail tariff authority to be ready by year end
The Railway Tariff Authority (RTA) will become operational by the end of this year.
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