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  • dot shortlists new firms for spectrum auction

    DoT shortlists new firms for spectrum auction

    November 21, 2014 7:46 IST

    New Delhi: The Department of Telecom has shortlisted three new technology firms for conducting spectrum auction, likely to be held in February.DoT will open technical bids today, while the final selection of the auctioneer is

  • rbi unlikely to cut interest rates in dec policy review sbi

    RBI unlikely to cut interest rates in Dec policy review: SBI chief

    November 21, 2014 7:41 IST

    New Delhi: Ahead of the monetary policy review, State Bank of India (SBI) Chairperson Arundhati Bhattacharya on Thursday said RBI may leave interest rate unchanged in the next review but could soften its stance by

  • cabinet approves 3 major power projects

    Cabinet approves 3 major power projects

    November 21, 2014 6:59 IST

    New Delhi: The Union cabinet Thursday approved three major projects for the power sector, the power ministry said in a statement here.The projects are the Deen Dayal Upadhyaya Gram Jyoti Yojana, Integrated Power Development Scheme

  • kotak mahindra bank to acquire ing vysya bank

    Kotak Mahindra Bank to acquire ING Vysya Bank

    November 20, 2014 18:59 IST

    New Delhi:  Kotak Mahindra Bank today decided to acquire mid-sized lender ING Vysya Bank in an all-share transaction to strengthen its position ahead of entry of new players.The Uday Kotak run bank said the consolidation

  • india coming out of economic slowdown oecd

    India coming out of economic slowdown: OECD

    November 20, 2014 16:00 IST

    New Delhi: India's economy is coming out of its worst slowdown in a quarter-century, but implementation of new reforms will be key to putting it on a strong and sustainable growth path of 8 per

  • india s strong growth to depend on modi led reforms says

    India's strong growth to depend on Modi-led reforms, says OECD

    November 19, 2014 17:10 IST

    New Delhi: Indian economy, which is seeing signs of turn around, is poised to grow at 6.4 per cent in the next fiscal and stronger growth would depend on reforms being initiated by Prime Minister

  • fadnavis wants business friendly policies to boost economy

    Fadnavis wants business-friendly policies to boost economy

    November 19, 2014 11:15 IST

    Mumbai: Asserting his willingness to make changes in the Special Economic Zone (SEZ) policy, Maharashtra Chief Minister Devendra Fadnavis has said the only way to boost the state's economy is by easing the business culture. 

  • dot for commencing spectrum auction from february 23

    DoT for commencing spectrum auction from February 23

    November 18, 2014 20:19 IST

    New Delhi: Spectrum auction for mobile services is expected to start from February 23, a few days later than suggested by a ministerial group, according to official sources.The inter-ministerial group, formed to work out modalities

  • rbi to cut rates by 0.25 each in feb apr goldman sachs

    RBI to cut rates by 0.25% each in Feb, Apr: Goldman Sachs

    November 18, 2014 10:45 IST

    New Delhi: The Reserve Bank of India is expected to cut key policy rates by 25 basis points each in February and April 2015 to bring the repo rate down to 7.5 per cent from

  • arun jaitley to re launch kisan vikas patra today

    Arun Jaitley to re-launch Kisan Vikas Patra today

    November 18, 2014 9:29 IST

    New Delhi: Finance Minister Arun Jaitley will relaunch Kisan Vikas Patra (KVP) today in the presence of Ravi Shankar Prasad, Union Minister of Communication and IT and Jayant Sinha, Minister of State for Finance among

  • goods and services tax bill to be tabled in winter session

    Goods and Services Tax bill to be tabled in Winter Session

    November 17, 2014 12:42 IST

    New Delhi: Showing clear intent in reforming India's indirect tax regime within a time frame, Finance Minister Arun Jaitley on Monday said the government would bring in the Goods and Services Tax (GST) bill in

  • g20 plans major investment initiatives in countries like

    G20 plans major investment initiatives in countries like India

    November 17, 2014 12:20 IST

    Brisbane: The G20 has cited India among other countries for launch of major investment initiatives and for having a sustainable growth.A Brisbane Action plan released as part of the G20 communique also said that the

  • new insider trading norms on anvil delisting to get easier

    New insider trading norms on anvil; delisting to get easier

    November 17, 2014 11:33 IST

    New Delhi: To make it easier for listed companies to comply with various regulations and to safeguard the interest of minority investors, regulator Securities and Exchange Board of India (SEBI) is set to bring out

  • trai may submit views on spectrum pricing in 15 days

    TRAI may submit views on spectrum pricing in 15 days

    November 17, 2014 10:11 IST

    New Delhi: Sectoral regulator TRAI is likely to submit its views within 15 days on some clarifications sought by the DoT over pricing and valuation of the spectrum for the proposed auction in February next

  • new branch of mahila bank inaugurated

    New branch of Mahila bank inaugurated

    November 16, 2014 8:24 IST

    Vadodara: Bhartiya Mahila Bank (BMB) chairperson and Managing Director Usha Ananthasubramanian today inaugurated its new branch here, the second in Gujarat.Speaking on the occasion of opening of the Vadodara branch at city's Akota locality, Ananthasubramanian

  • kalinganagar project to be ready by march 2015 tata steel md

    Kalinganagar project to be ready by March 2015: Tata Steel MD

    November 16, 2014 7:59 IST

    Jamshedpur: Tata Steel's greenfield plant at Kalinganagar in Odisha is on track to start production by March 2015, the company's Managing Director (India and South East Asia) TV Narendran said.With work going on at a

  • reform has to be people driven modi at g20

    Reform has to be people-driven: Modi at G20

    November 15, 2014 10:54 IST

    Brisbane: Indian Prime Minister Narendra Modi on Saturday told the G20 leaders that reform has to be driven by the people and cannot be implemented by stealth.Addressing the gathering of G20 leaders here, the prime

  • buy lpg on market rates from next year as subsidy will go

    Buy LPG on market rates from next year as subsidy will go directly to your bank accounts

    November 15, 2014 8:36 IST

    New Delhi: From January 1 of next year, the subsidy on LPG cylinders will be directly transferred to a consumer's bank account. It means that he'll have to buy LPG cylinder on market rates with

  • rbi to invite payment bank applications by month end rajan

    RBI to invite payment bank applications by month-end: Rajan

    November 14, 2014 15:21 IST

    New Delhi: RBI will invite applications for setting up of small and payment banks aimed to cater to small businesses and low income households - by the end of this month after putting in place

  • october wpi inflation dips to 5 year low of 1.77

    October WPI inflation dips to 5-year low of 1.77%

    November 14, 2014 13:06 IST

    New Delhi: Wholesale Price Index (WPI) inflation for the month of October eased to five year-low of 1.77 per cent as compared to 2.38 per cent in September. The decline was helped by a drop

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