economy News

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.

BSE Sensex plummets 518 pts, marks biggest single-day fall in over 10 monthsITC shares drag down BSE Sensex to nearly 3-week lows; ONGC, BHEL gain
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...
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‘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...
Members to 18 panels elected unanimously
The ongoing BJP-Congress row over the Leader of Opposition issue notwithstanding, some signs of bonh...
Indian firms get $4-bn repatriated dividend in last three fiscals
As many as 7,430 firms have been investing in foreign countries, according to the data.
FII inflows hit $5 bn in July; cross $25 bn in 2014
Betting big on the government’s reforms agenda, overseas investors have poured in more than $5 billi...
Finmin to bat for rating upgrades
Armed with the Budget proposals to cut the fiscal deficit, the finance ministry will pitch for a rat...
Google mapping comes under CBI scanner
CBI has registered a preliminary enquiry (PE) against Internet giant Google over Mapathon 2013, an e...
Govt & banks not doing enough to recover NPAs: Employees’ body
The Bank Employees Federation of India (BEFI) on Sunday came down heavily on the central government ...
Exim Bank wants 15-fold hike in leverage ratio
Citing the urgent need for turning the country into an export powerhouse, the Exim Bank has requeste...
HC adjourns hearing on NTPC-CERC tariff norm dispute to August 28
The Delhi High Court on Thursday adjourned the plea filed by NTPC challenging the new tariff regulat...
‘Aadhaar will be used for LPG subsidy to needy’
Close on the heels of Prime Minister Narendra Modi endorsing the Unique Identification Authority of ...
Ministry readies road map to phase out e-auctions by CIL
The coal ministry has prepared a road map for phasing out of the lucrative e-auction route for Coal ...
SC sets aside tribunal order asking ONGC & JNPT to fund fishermen rehabilitation
The Supreme Court has quashed the National Green Tribunal’s order asking ONGC and Jawaharlal Nehru P...
Ponzi schemes: Cabinet clears Bill to empower Sebi
The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved the Securities Laws...
Railways shortlists GE, EMD for R1,200-cr diesel loco unit in Bihar
Public-private partnership (PPP) projects in the railway sector seem to be gathering steam.
HC issues notices to Gujarat, Centre over Dholera SIR
In a major setback to the state government, the Gujarat High Court on Thursday issued notices to Guj...
Indirect tax mop-up increases 4.5% in Q1
Service tax collection grew at a robust 19.1% to Rs 38,862 cr
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