economy News

  • New bank licence, anyone?

    Arun S:  New Delhi, May 20, 2013 at 0115 hrs ISTThree months after the guidelines for new bank licences were released, Mint Road is still waiting for the first applicant even as the July 1 deadline draws near
  • Trade gap to top Chinese premier Li’s India agenda

    Huma Siddiqui: New Delhi, May 20, 2013 at 0118 hrs ISTA widening trade gap, border defence cooperation and infrastructure would be top on Chinese Premier Li Keqiang's mind when he meets PM Manmohan Singh in New Delhi on Monday.
  • Spot-fixing: BCCI sets up own probe team, will go by its report

    fe Bureau: Chennai, May 20, 2013 at 0120 hrs ISTThe Board of Control for Cricket in India (BCCI) made it clear on Sunday it was not going to jump the gun in the IPL spot -fixing row and would take stringent action only when the charges against the three Rajasthan Royal players are proved.
  • BCCI should come under RTI: maken

    Press Trust of India: New Delhi, May 20, 2013 at 0122 hrs ISTAgainst the backdrop of allegations of spot-fixing during IPL matches
  • Shinde to scout for tech at US security dialogue

    Jayati Ghose: New Delhi, May 20, 2013 at 0124 hrs ISTHome minister Sushilkumar Shinde is expected to discuss technology access and sharing
  • China’s loss, UAE’s gain

    fe Bureau: New Delhi, May 20, 2013 at 0128 hrs ISTChinese exports to India grew 55% in 2007-08 but declined (-5%) in 2009-10
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  • ‘M&A tally at $1.66 bn for April; inbound deals rise’

    Press Trust of India:  New Delhi, May 20, 2013 at 0109 hrs ISTCorporate India announced merger and acquisition (M&A) transactions worth $1.66 billion in April, with inbound deals being the flavour of the month as foreign firms continued to show interest in Indian businesses.
  • CRPF red flags home ministry on Mukesh Ambani VIP security

    Press Trust of India:  New Delhi, May 20, 2013 at 0111 hrs ISTThe CRPF, which recently took over the duties of guarding RIL chairman Mukesh Ambani, has raised concerns in ensuring a 'fool-proof' Z category security to the business tycoon in the absence of local logistical support to its squad.
  • GoM to meet this week on revamp of central schemes

    Press Trust of India:  New Delhi, May 20, 2013 at 0113 hrs ISTThe group of ministers, set up under the chairmanship of agriculture minister Sharad Pawar
  • DGH rejects RIL offer on KG-D6 gas finds

    Press Trust of India:  New Delhi, May 20, 2013 at 0126 hrs ISTUnder pressure from DGH, Reliance Industries has agreed to do separate tests to confirm three natural gas finds in the KG-D6 block but the regulator is not impressed and wants the discoveries to be taken away from the company.
  • Groundwork being done for Manmohan’s US visit

    Pranab Dhal Samanta :  New Delhi, May 18, 2013 at 0246 hrs ISTEven as India prepares to host new Chinese Premier Li Keqiang on his first foreign visit, quiet efforts are under way to firm up a visit of Prime Minister Manmohan Singh to the United States before the UPA government ends its term.
  • S&P maintains negative outlook on India rating

    fe Bureau:  New Delhi, May 18, 2013 at 0248 hrs ISTStandard and Poor's on Friday reiterated its negative outlook on India's credit rating, citing the country's large fiscal deficit and national debt, even as it acknowledged that the country's position had improved over the past year.
  • We are looking to set up feeder fund for IDFs: Chidambaram

    Press Trust of India:  London, May 18, 2013 at 0250 hrs ISTIndia is exploring the possibility of setting up a London-listed 'feeder fund' for Infrastructure Debt Funds (IDFs),
  • China, India to be largest investors among developing nations by 2030: World Bank

    Press Trust of India:  Washington, May 18, 2013 at 0251 hrs ISTIndia and China are expected to be the largest investors among developing countries by 2030, with the two Asian giants accounting for 38% of global gross investment, a World Bank report said on Friday.