economy News

DoT recalculating one-time spectrum fee, telcos may gain

Revisions likely for Delhi, Mumbai, K’taka & Rajasthan circles in 1,800 Mhz

Telcos may gain as DoT is recalculating one-time spectrum feeTrai slaps Rs 2.15 crore penalty on operators for pesky calls & SMS
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...

PFC to be states’ consultant for power purchase

Power Finance Corporation (PFC) has been mandated to be a consultant for all states for long- and me...
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Centre plans insurance pool for nuclear plants
n Move to address liability issue, pave way for large projects
‘NCR office space leasing up threefold’
Office space leasing in the Delhi-NCR region jumped more than threefold to nearly 1.5 million sq ft ...
Applications to US graduate schools from India up 32%
The number of overall international applications, up 7%, probably would have declined, except for gr...
NTPC may be allowed to divert unutilised gas to other plants
Petroleum ministry to direct GAIL to permit intra-day revision of gas nominations
Online PF transfer for workers under private trusts from July
There are over 3,000 private PF trusts, which manage the accounts as well as retirement fund.
‘SC ruling on telcos’ audit has wider ramifications’
Stating that the Supreme Court ruling to allow CAG to audit accounts of telecom firms may have 'much...
Committee of secretaries to take up Indo-US IPR issues
Meeting comes in the backdrop of US threatening to include India in the ‘Priority Foreign Country’ l...
Manmohan not ‘weak’: PMO cites growth data
Pachauri counters ‘silent’ jibe, says PM made 1,000 speeches in 10 years
Coal companies told to respond to charges of poor quality
The Bombay High Court has directed coal companies to respond to serious allegations made by the Maha...
‘India needs multi-pronged approach for energy security’
India, the world's third largest oil importer, needs multi-pronged approach to addressing its energy...
Regulator seeks direction to CGD cos for disclosure of gas price break-up
Even the central government on February 18 had directed all city or local natural gas distribution e...
HZL, Balco stake sale may hit roadblock
In what could be a possible hindrance to the government's plans to divest its residual stake in Hind...
Finmin widens monitoring of NPAs at public sector banks to top 50 accounts
Asks lenders to submit action-taken report for such accounts as in Dec 2013
Sahara proposes to pay Rs 2,500 cr in 3 days for Roy’s release
The Sahara Group on Thursday made a fresh proposal to pay R2,500 crore within three working days and...
Bullish on India, IMF sees growth at 5.5% in fy15
Expects 6.25% for FY16, just under 7% over medium term
Govt to address coal bidders’ concerns next week
The inter-ministerial committee (IMC) on Thursday discussed issues raised by bidders for three coal ...
SC allows Soma Isolux to continue with highway project
Allowing Soma Isolux NH One Tollway Private Ltd to go ahead with the widening work on the 291-km Pa...
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
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