economy News

DGH for Cairn PSC extension only after firm declares Barmer potential

‘Only 5-year extension for the block as it is primarily oil-producing’

Finmin pushes to bring DGH under budgetary funding, oilmin baulksHonour contracts or investments won’t come: BP chief to Moily
Supertech directed to refund money to flat owners in a month
The Supreme Court on Wednesday directed real estate firm Supertech to refund within a month the prin...

SC asks Sahara, jail officials to work out ‘viable’ plan for hotel sale talks

The Supreme Court on Wednesday asked the Sahara Group and Delhi’s Tihar jail authorities to work out...

Employment grew 34% in 8 years to 2013: Census

As job growth lagged the rate of economic expansion in the last decade, the government’s sixth econo...

AP dangles PSU profit carrot to raise funds for crop loan recast

The Andhra Pradesh government has decided to raise loans from banks, by guaranteeing future revenues...

I-T dept adds to woes of SEZ units

IT SEZs having more than 20% staff redeployed from other units to lose tax sops
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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
FM to meet I-T brass, discuss steps to raise advance tax receipts from auto sector, LLPs
Finance minister Arun Jaitley will meet the brass of the income-tax department on Monday to discuss ...
Retro tax panel to set norms to filter out ‘untenable’ demands
Panel may have power to reject AOs’ plan for scrutiny of certain cases
Sebi attachment orders cross 1,300-mark; govt readies new Bill
As the government readies a new Bill for empowering Sebi to take on fraudsters and defaulters, the n...
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