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MSP fails to read farmers’ pulse

MSP mechanism may have spurred production of rice and wheat but it has had marginal to nil impact on the production of other crucial agricultural commodities like pulses and oilseeds...

minimum support price, pulses News

Lenders pull plug on Essar project

Tori on hold till fuel, viability issues sorted out

Torrent Power News

MSP increase stays minimal; paddy up 3.7%, pulses raised over 5%

Resisting populist impulses and being inflation-wary, the Cabinet on Wednesday announced modest increases in the minimum support prices...

Grains News

Edelweiss seeks to recast Rs 4,500 cr of Bharati Shipyard’s debt

Edelweiss Asset Reconstruction Company (ARC) now plans to restructure around Rs 4,500 crore...

Life Insurance Corporation, LIC, Shipping Corporation of India, IDBI Capital Market, Bharati Shipyard, Bombay High Court, State Bank of India, SBI, Edelweiss ARC News

Lenders want Nagarjuna Oil’s NPA classified standard asset

Going by the rule of thumb for funding infrastructure projects, the exposure of bankers would be approximately Rs 12,400 crore

Banking & Finance News

‘His buildings talked of possibility of change’

Renowned architect and founder of CEPT University BV Doshi on a six-decade friendship with family friend, colleague and contemporary Charles Correa...

‘His buildings talked of possibility of change’

Power glut leaves gencos powerless

Big PPAs near but rivalry could queer pitch

discom News

CBDT hints at softer touch in FPI-MAT cases

The income tax department would not attempt any coercive recovery of the minimum alternate tax (MAT) demands placed on foreign portfolio investors.

Economy News

Pro test: Politicians can’t be trade union leaders

The practice of professional politicians assuming leadership of trade unions could be curbed. Keen to unleash wide-ranging changes in federal labour laws...

Economy News

Realty in Mumbai: Around 5,000 luxury flats are waiting for buyers

At the last tally, real estate watchers had counted approximately 5,000 upmarket flats that are waiting for buyers.

Mumbai News

Toll revenues rise in FY15

Toll collections last year rose faster than in FY14, driven by better traffic volumes, reports Shubhra Tandon in Mumbai.

Cars in haryana News

E-commerce: After online retail, logistics business the next big thing

Supporting e-tailers, logistics firms see influx of funds, growth

Ecommerce firms Flipkart, Amazon News

For Housing.com, 99acres, other property portals, the fight is within the house

Online real estate players struggle to outdo each other in a crowded market, with profits still a faraway dream

Industry News

FM Arun Jaitley admits public sector banks’ funds constraint

Public sector banks (PSB) that were, as per the latest Union Budget, to get fresh capital of R7,940 crore from the government this fiscal are likely to benefit from an additional infusion in the year.

arun jaitley gst News

Reliance Industries 41st AGM: 4G service, 4G phone for Rs 4,000

Reliance Industries 41st AGM: Come December and the country’s hyper-competitive mobile telephony market would witness one of its biggest disruption in recent times.

4g smartphones News

Delayed monsoon drags down sowing of summer crops by almost 9%

Drought crisis: The total area under summer-sown crops is down (75.10 lakh hectares until Friday against 82.27 lakh hectares) even on a favourable base

Crop area News

Power tariffs raised by up to 6% in Delhi, to kick in Monday

The Delhi Electricity Regulatory Commission (DERC) approved a tariff hike of up to 6% for the three distribution companies operating in the region.

powergrid News

Income Tax to ignore dues below Rs 5,000, go after big fish

All tax arrears below Rs 5,000 will be written off, sparing almost two-thirds of the over 1.9 crore taxpayers who have been slapped demands, in a move that would allow tax officers to focus on bigger

income tax News

Telecom commission clears spectrum sharing, trading norms

Almost 16 months after the Telecom Regulatory Authority of India first submitted its recommendations, the spectrum trading and sharing guidelines were approved by the Telecom Commission on Thursday.

Spectrum News

Make in India: Foxconn Technology in talks to manufacture Apple iPhones in India

'Make in India' Apple iPhones will be cheaper and Foxconn said that it is aiming to develop 10-12 facilities in India.

Apple iPhones made in india News

Vijay Mallya defaults on State Bank of India notice for appearance

In an attempt to speed up the wilful defaulter classification for Kingfisher Airlines, State Bank of India (SBI) has written to Vijay Mallya asking him to appear before it for a personal hearing.

vijay mallya, arvind subramanian, kingfisher airlines, kingfisher airlines crisis, eagle breweries, CEA vijay mallya defaulter case, United Breweries News

Cash-starved sugar mills unhappy with Centre’s loan package

The Centre on Wednesday decided to offer a second loan package, worth Rs 6,000 crore, to cash-starved sugar mills to help clear cane arrears and sought to offer a 10% interest subsidy on the loan for

Sugarcane farmers in India News

ABG Cement ‘investor’ seeks non-NPA status

A prospective ‘strategic investor’ in the debt-ridden ABG Cement has indicated its willingness to acquire a stake in the firm, provided the loan account is upgraded from a non-performing asset (NP

npa News

India Inc turns to bonds

Banks have seen a drop of Rs 2.44 lakh crore in their non-food credit portfolio in April and May, but more than R1 lakh crore has been mopped up in the corporate bond market, reports Bhavik Nair in Mu

World Bank Doing business News

Games sportspersons, nutritionists play

WHEN the Indian cricket team travels to Zimbabwe next month, its members will not be carrying any nutrition supplements — instead, they will obtain their supplies from South Africa.

Industry News

After family drama, it’s income tax raids at Chettinad Group

There has been more drama at the Rs 10,000-crore Chettinad Group, already seeing a family squabble.

chettinad founder News

Premium gas prices: Finmin has ‘concerns’

The finance ministry has sent a proposal for premium gas pricing back to the petroleum ministry, which suggested that up to 50% of gas produced from difficult fields...

Economy News
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