New York: Mexico's state-run oil company Pemex has signed a pact with Mukesh Ambani-led Reliance Industries for exchange of experience and technology in the hydrocarbons sector, news reports said on Friday.Pemex, according to the reports,
Chennai: Markets regulator, Securities and Exchange Board of India (SEBI) Thursday barred Moryo Industries Ltd, its promoters and others totalling 91 entities from dealing in securities for converting black money into white through trading in
New Delhi: To help channelise small savings, government has launched a special deposit scheme for girl child -- Sukanya Samriddhi Account-- which can be opened in banks and post offices and half of the funds
Mumbai: Citigroup has said if India continues to surprise in the New Year the way it did in 2014, then there are more upsides on its way which could well be capped by a sovereign
New Delhi: Calling upon revenue intelligence agencies to enhance cooperation with their global counterparts to check tax evasion and smuggling, finance minister Arun Jaitley on Thursday said free trade should also mean fair trade.Although the
New Delhi: Any revision in gold import duty is unlikely to take place before the Budget and there is no proposal as of now to reduce the 10 per cent duty, a Finance Ministry official
Kolkata: The National Mineral Development Corporation (NMDC) aims to increase its production by 70 per cent within the next 10 years and has received approval from the central government to explore mining in India.The NMDC
New Delhi: India will surpass China as the world's fastest growing economy in the next 2-3 years, top industrialist Mukesh Ambani said, while terming the fall in global oil prices as a ‘gift' to India."We
New Delhi: Aimed at attracting foreign investment into the realty sector, government on Wednesday relaxed rules for FDI in the construction sector by reducing minimum built-up area as well as capital requirement and easing the
Mumbai: RBI Governor Raghuram Rajan defended status quo in the monetary policy today, saying that he does not want to “flip-flop” on it and is looking for “certainty” on various factors, mainly inflation, before lowering
New Delhi: Following are the highlights of RBI's bi-monthly monetary policy statement:Short-term lending (repo) rate unchanged at 8 per centCash reserve ratio (CRR) unchanged at 4 per centStatutory liquidity ratio (SLR) retained at 22 per
New Delhi: Japanese brokerage Nomura today said inflation levels in India are close to post global financial crisis lows, and retained its positive stance on the country's stock market.According to the global financial services major,
Washington: The recent decline in oil prices will help boost global economy, IMF chief Christine Lagarde has said, as global oil prices have tumbled to a multi-year low.“It is good news for the global economy,”
New Delhi: As expected, the Reserve Bank of India on Tuesday kept key rates unchanged on Tuesday, staying focused on containing inflation, while adopting a more dovish tone in response to the government's call for
Mumbai: Banking services are likely to be affected for the next four days as employees of PSU banks plan to go on a zone-wise relay strike beginning with Southern region tomorrow, after wage revision talks
New Delhi: India's manufacturing sector output accelerated in November at the quickest pace in nearly two years, driven by robust output and new orders, an HSBC survey said today.The headline HSBC India Purchasing Managers' Index
Mumbai: The rupee lost 22 paise to trade at a fresh nine-month low of 62.25 against the US dollar in early trade today at the Interbank Foreign Exchange due to rise in the greenback's value
New Delhi: Ahead of the Central bank's bi-monthly monetary policy review, Finance Minister Arun Jaitley will today urge RBI Governor Raghuram Rajan to cut interest rate.In order to boost the economy, particularly when the inflation
New Delhi: Petrol price was Sunday cut by 91 paise a litre, the seventh reduction since August, and diesel by 84 paise per litre, the third straight cut, as international oil rates continued to slump.Petrol
New Delhi: The 74 coal mines, which the government plans to auction to specific end-users in the first phase of bidding on February 11, will not require any green clearances, a top official has said.The
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