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    FE News Desk

    There is scope to cut govt borrowing, says Gopalan

    Singalling readiness to put its finances on track,the Union government on Thursday hinted at reducing its borrowings.

    By FE News Desk
    July 6, 2012 03:49 IST
    Finmin mulls cut in withholding tax on interest payments on ECBs to 5%

    In a bid to attract foreign investment for capital-intensive sectors, such as railways, telecom and oil and natural gas exploration,…

    By FE News Desk
    July 6, 2012 03:26 IST
    FCCB buyback scheme now till March ?13

    In a move that will help corporates that have issued foreign currency convertible bonds (FCCB), the Reserve Bank of India…

    By FE News Desk
    July 6, 2012 03:15 IST
    Slump hits Temasek, net falls 16% in FY12

    Singapore state investor Temasek Holdings has seen a 16% decline in its net profit for fiscal 2012 to S$11 billion…

    By FE News Desk
    July 6, 2012 03:09 IST
    US Stocks : Dow down 0.4 pct

    Dow Jones industrial average was down 47.15 points at 12,896.67.

    By FE News Desk
    July 6, 2012 03:08 IST
    UK stocks : FTSE 100 up 0.1 pct

    London’s blue-chip index ended up 8.16 points at 5,692.63 points

    By FE News Desk
    July 6, 2012 03:05 IST
    Socialist SP eyes pvt partnerships for UP projects

    A day after deciding that Uttar Pradesh?s growth rate has to be maintained at 10%, the socialist Samajwadi Party government…

    By FE News Desk
    July 6, 2012 03:03 IST
    Hit by sanctions, Iran oil floats on water

    The hulking tanker Neptune was floating aimlessly this week in the warm waters of the Persian Gulf, a fresh coat…

    By FE News Desk
    July 6, 2012 02:59 IST
    Kingfisher?s banks give 15 days for revival plan

    Lenders to Kingfisher Airlines on Thursday gave the airline 15 days to come up with a plan outlining how it…

    By FE News Desk
    July 6, 2012 02:20 IST
    Jairam?s Bill: Govt can take land for pvt projects

    Despite the relevant parliamentary standing committee?s unequivocal ?No? to government acquiring land for projects involving private money, Jairam Ramesh?s rural…

    By FE News Desk
    July 6, 2012 02:18 IST
    PMO may bat for relaxing norms for 13 CIL projects

    Some relaxation in green norms for coal mining may be on the cards. Keen to step up coal output, the…

    By FE News Desk
    July 6, 2012 02:15 IST
    With KG nod after 2 yrs, ONGC seeks new allies

    Over two years after it first applied for permission to drill six more exploration wells in the KG basin KGDWN-98/2…

    By FE News Desk
    July 6, 2012 02:13 IST
    Mauritius trade minister meets PM to discuss GAAR

    With government proposing to come out with the controversial general anti-avoidance rule (GAAR), which would affect foreign institutional investors (FIIs)…

    By FE News Desk
    July 6, 2012 02:01 IST
    Birla to buy Canadian pulp mill, to invest $250 m by FY16

    The Aditya Birla Group said on Thursday it has signed an agreement to purchase the assets of the Terrace Bay…

    By FE News Desk
    July 6, 2012 01:59 IST
    Oilmin may refer CBM gas pricing issue to CCEA

    The oil ministry may seek the approval of Cabinet Committee of Economic Affairs on the long pending issue of coal…

    By FE News Desk
    July 6, 2012 01:58 IST
    MoS Meena to oversee daily affairs at finmin

    Namo Narain Meena, minister of state for expenditure and financial services, has been made in-charge of day-to-day affairs at the…

    By FE News Desk
    July 6, 2012 01:56 IST
    India may see 25% rise in FDI inflows in 2012

    Though global foreign direct investment (FDI) flows are likely to stay flat at $1.6 trillion in 2012, compared with $1.5…

    By FE News Desk
    July 6, 2012 01:55 IST
    Finmin opposes liberalising SEZ policy

    Finance ministry has strongly opposed the proposal to further liberalise the norms for Special Economic Zones, saying the commerce ministry?s…

    By FE News Desk
    July 6, 2012 01:53 IST
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