economy News

KG gas row: RIL says it will fight for free market price

The Mukesh Ambani-led Reliance Industries on Wednesday told the Supreme Court that it will raise the...

Mukesh Ambani is wealthiest Indian cricket team owner, worth $21.2 bn: report'Buy' Reliance Industries on improved shale gas, refining biz: Edelweiss
Finmin wants lenders to have full right over spectrum in case of default by operators
The finance ministry wants banks and financial lenders, which lend to telecom operators by taking sp...

Mahan gets green tribunal notice for MP coal block

The National Green Tribunal (NGT) on Wednesday sought replies from Mahan Coal limited, a subsidiary ...

Direct tax receipts exceed target by Rs 5,000 cr

The revenue department collected Rs 5,000 crore more than the revised direct tax collection target o...

Public sector banks may get Rs 7,000-cr capital boost

The government is likely to allocate around Rs 7,000 crore in Budget 2014-15 in June-July towards ca...

FIPB defers HDFC Bank’s proposal to hike FDI limit

The Foreign Investment Promotion Board (FIPB) on Wednesday deferred a decision on HDFC Bank's propos...
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DoT may withdraw Rs 1,000-cr fine on Loop for license violation
The department of telecommunications may withdraw a penalty of about Rs 1,000 crore on Loop Telecom ...
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 ...
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...
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