New Delhi: The government is bracing up for budget session beginning Monday where it will face a tough challenge to get bills replacing six ordinances passed. The government’s agenda includes 44 items of financial, legislative and non-legislative business. The session will begin with President Pranab Mukherjee’s address to members of both houses of parliament. Parliamentary […]
New Delhi: Foreign Portfolio Investors (FPIs) became net buyers in the Indian equities market for the week ended Feb 20 on the back of high expectations from the upcoming budget. For the week ended Feb 20, the FPIs bought stocks worth Rs.4,334.55 crore or $697.6 million, according to data with the National Securities Depository Limited […]
Directing private life insurer SBI Life Insurance Company Ltd. to refund excess commission of Rs.275.29 crore to policy holders, the Indian insurance regulator on Friday reiterated that it has necessary powers to pass such an order under the Insurance Act
Bhubaneswar: Jindal Steel and Power Ltd. (JSPL) chairman Naveen Jindal Friday said the coal gasification steel plant in Odisha’s Angul district would be expanded to six million tonnes per annum (mtpa) capacity by the end of 2016. “The coal-to-gas project, the first such project in the country, would be expanded from its present two mtpa […]
On the sixth day of coal blocks auction on Thursday, Coal and Power minister Piyush Goyal said the ongoing auction, as well as the allocation, of the mines will fetch the respective home states Rs.15 lakh crore over a 30-year period
Chandigarh: Leading wholesale chain Walmart India Thursday announced the launch of its B2B e-commerce platform for all members of its ‘Best Price’ modern wholesale stores. The facility will be available at Best Price stores in Jalandhar and Ludhiana. “All members of Best Price stores in the two cities can now log on to www.bestprice.in, book […]
New Delhi: Global talent, retirement and health solutions provider Aon Hewitt Thursday projected a 10.6 percent salary increase for India Inc. in the current year. The latest findings were furnished by the company in its 19th annual salary increase survey of more than 580 companies. The survey results reflect a positive yet cautious sentiment in […]
Online shopping portal Snapdeal.com has acquired premium and luxury fashion site Exclusively.com, a company statement by the former said here Wednesday
Prime minister Narendra Modi today said reducing imports of defence equipments will reap rich economic benefits
Poor states, which are home to most of the country's coal resources, are poised to benefit from the ongoing auction of coal blocks whose allotments were earlier cancelled by the apex court, Coal secretary Anil Swarup said today
Athens: Talks between Greece and its eurozone creditors over the Greek debt crisis collapsed Monday, after the negotiators failed to reach a consensus on a proposal to extend the international bailout package for Greece. The breakdown of the talks in Brussels has raised concerns that Greece could be edging closer to a disruptive exit from […]
The Anil Ambani-led Reliance Cement, emerging as the highest bidder on the first day of coal block auctions, today won the Sial Ghoghri mine in Madhya Pradesh containing 5.61 million tonne of reserves
Pune: Prime minister Narendra Modi on Saturday extended an open invitation to global manufacturers in different sectors to join the government’s Make in India initiative. Inaugurating the new plant of General Electric (GE) in Chakan here Saturday morning, Modi said India has been the focus of the world for its speedy development records in the […]
New Delhi: India’s trade deficit in January fell to a eleven-month low by over 11 percent at $8.32 billion, from $9.43 billion in the corresponding month of 2014, government data showed on Friday. The fall on a month-on-month basis was similar despite weaker exports, with the December 2014 deficit having been recorded at $9.45 billion, […]
Anil Ambani-led Reliance Power announced yesterday it has signed a memorandum of understanding with the Rajasthan government to develop a 6,000 MW solar park in the state over the next 10 years
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