Business News Updates

Finance Minister P Chidambaram on Monday said both the government and the RBI have acted in tandem to bring down price rise, even as food inflation at 8.8 per cent still remains a worry

Agriculture credit is likely to exceed the target of Rs 7,00,000 crore while farm exports are expected to increase to over USD 45 billion in the current fiscal, Finance Minister P Chidambaram said on Monday

The government on Monday said the fiscal deficit for the current financial year will be contained at 4.6 per cent of GDP

Mobile phone tariffs are set to increase and freebies and discounts likely to be further brought down, leading mobile service providers made it clear on Sunday

Finance Minister P Chidambaram will visit Australia later this week to attend the G20 meeting of finance ministers and central bank governors and hold roadshows to attract investment

Pinning hopes on the good monsoon and recent reforms, Prime Minister Manmohan Singh on Friday said economic growth will cross 5 per cent in the current financial year and accelerate further in the coming years

Providing relief to the common man, inflation in January eased to an eight-month low of 5.05 per cent, helped by a moderation in food prices

The Cabinet on Wednesday approved sale of government's 49 per cent residual stake in Balco through the auction route, which could fetch a minimum Rs 3,000 crore to the exchequer

Regulators should intervene only in cases of gross violations by companies or when there are clear cases of criminality so that they do not get over burdened, Finance Minister P Chidambaram said on Wednesday

New Delhi: An Empowered Group of Ministers (EGoM) is likely to meet soon to consider Oil and Natural Gas Corp’s (ONGC) request to buy a 5 per cent stake in Indian Oil Corp (IOC) from the government at a lower price. ONGC and Oil India Ltd (OIL) each want to buy a 5 per cent […]

ICICI Bank on Wednesday launched 'Branch on Wheels' in Odisha as part its financial inclusion plan to provide banking services in remote villages in the state which are devoid of banking facilities

The Supreme Court on Wednesday issued non bailable arrest warrant against Sahara Chief Subrata Roy for his failure to appear before it in connection with the case in which his two companies have been directed to refund Rs 20,000 crore to investors

With Aam Aadmi Party (AAP) leader Arvind Kejriwal making hike in gas prices a poll issue, Oil Minister M Veerappa Moily has written to Prime Minister Manmohan Singh saying Reliance Industries' contract for KG-D6 gas fields cannot be terminated pending arbitration on issue of output lagging targets

The G20 countries on Sunday said they "deeply regret" delay in IMF quota reforms and asked the US to make it effective before April, while India's central bank Governor Raghuram Rajan asserted that emerging countries cannot wait for long for the reform to go through

G20 ministers on Saturday began their two-day deliberations to work out a "real and tangible framework" to push global growth amid clamour for a more transparent tapering programme by the US Fed Reserve with a view to reducing volatility in the global financial markets