Chennai: A 450-member team of the Income Tax Department is conducting searches at offices of the Chettinad Group of companies in Tamil Nadu, Andhra Pradesh and Maharashtra, officials said on Wednesday.The searches are on at
New Delhi: Pitching for a better ranking on ease of doing business for India, government officials on Tuesday apprised the World Bank about various reform measures taken in the past one year including relaxation in
New Delhi: The commonalities between Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe are helping economies of the two countries in making "upward trends", Japan's Vice Minister for Foreign Affairs Akitaka Saiki said
Shimla: Vice President Hamid Ansari today called for re-examining the meaning of sustainable growth while stressing on embracing the Gandhian philosophy of "good of all, including the weakest".Speaking at the 22nd convocation of Himachal Pradesh
New Delhi: With the Land Boundary Agreement wrapped up, India and Bangladesh can look forward to boosting their trade and connectivity with the inking of milestone accords on coastal shipping and the opening up of
Mumbai: The rupee appreciated 16 paise to 63.92 against the US dollar in early trade at the Interbank Foreign Exchange today on fresh selling of the American currency by exporters and banks.Besides, strengthening of the
New Delhi: A weak monsoon is likely to be credit negative for India as it is expected to push up food inflation as well as government deficits, global rating agency Moody's said today.The Indian Meteorological
Bengaluru: Indian IT giant Infosys on Sunday said it aims to realize revenues in the range of $1.5 billion from its acquisitions and also reach the milestone of $20 billion by 2020.The company's mission is
Mumbai: Mukesh Ambani-led Reliance Industries' plans to build the country's largest port at Rewas, off the city's southeast coast, which has been stuck for over a decade, may soon see the light of day. Union Shipping
Guwahati: Public sector undertaking Indian Oil Corporation plans to invest around Rs 1,500 crore in the Northeast to strengthen its various divisions, including storage and retail, over the next three-four years.IndianOil-AOD, the company's Northeast division,
New Delhi: RBI Governor Raghuram Rajan on Friday said the central bank has not shut its door on rate cut and will take a view depending upon the evolving situation with regard to monsoon and
Kolkata: State-owned Coal India Limited (CIL) on Friday said it has extended financial assistance of Rs.15 crore to Housing Infrastructure Development Corporation (HIDCO) to purchase three electric buses and an electric car."While CIL contributed the
Mumbai: With employees opposing ports corporatisation, Union Shipping Minister Nitin Gadkari today said attempts are being made to find alternatives to upgrade ports and their services, beyond bringing them under the purview of the Companies
Mumbai: Maharashtra government is expected to sign a Memorandum of Understanding (MoU) with the Netherlands to develop a 35-km long coastal road. The agreement is likely to be inked during the three-day visit of Dutch
New Delhi: Unfazed by the three day slump in stock markets on fears of drought, Finance Minister Arun Jaitley on Thursday said the slide does not indicate a trend as economy is on a recovery
Minsk: Describing India as one of the fastest growing emerging markets, President Pranab Mukherjee today invited Belarusian investors to the country in a bid to increase bilateral trade to USD one billion by 2020.Speaking at
Mumbai: The economy is expected to grow at a rate of 7.8 per cent in the current fiscal, a shade lower than earlier forecast of 7.9 per cent, says a survey sponsored by the Reserve
New Delhi: Reserve Bank of India (RBI) on tuesday lowered its short-term lending rate by 25 basis points in a move that could potentially reduce the cost of borrowings on personal and corporate loans. In
Mumbai: RBI today lowered its economic growth forecast for 2015-16 to 7.6 per cent, from 7.8 per cent earlier, with Governor Raghuram Rajan saying that the real growth can be much weaker than the high
New Delhi: The Reserve Bank of India today slashed its short-term lending rate by 25 basis points in its bi-monthly monetary policy review. After the cut, the repo rate will decline to 7.25 per cent
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