New Delhi: India saw as many as 264 new companies being set up every day on an average during January with most of them getting registered in Maharashtra.Starting off the new year on a robust
New Delhi: India is setting up a second nuclear fuel complex to reprocess atomic fuel in view of growing number of atomic reactors in the country.The NFC will come up next to Rawabhata nuclear plant
New Delhi: State-owned Housing and Urban Development Corporation (HUDCO) today said it has raised Rs 279 crore through the third tranche of tax-free bonds.The Finance Ministry had allowed HUDCO to raise Rs 5,000 crore through
New Delhi: You can walk into any bank to get your pre-2005 currency notes - including Rs. 500 and Rs. 1,000 denominations - exchanged till January 1, 2015, following a directive by the Reserve Bank
Kolkata: Two-wheeler major Bajaj Motorcycles on Friday said it was close to achieve its sales target of 2.4 million units for the current fiscal and aiming at 25 percent growth for 2014-15.“We are aiming and
Jamshedpur: Admitting that non-performing assets (NPAs) in the banking sector is a big challenge, SBI Managing Director S Viswanathan said the NPAs would start looking up once the economic situation gets better.“Though the NPA stress
New Delhi : Under pressure from institutional investors, Maruti Suzuki India today decided to seek minority shareholders' approval after tweaking some of the earlier proposals for the controversial Gujarat plant, which its parent Suzuki Motor
New Delhi: C. Rangarajan, chairman of the Prime Minister's Economic Advisory Council (PMEAC), believes the economy can grow an annual 5.2 percent in the quarter to end-March on higher farm output growth.“I see some greenshoots
Mumbai: Export-Import Bank of India (Exim Bank) today said it has extended a second line of credit (LoC) of USD 89.90 million to the Republic of Congo for developing transportation system. Exim Bank had earlier
Mumbai: RBI Thursday hiked the trade related remittance limit from Rs 2 lakh to Rs 5 lakh per transaction, amid increased number of transactions handled by Exchange Houses.“On a review of the permitted transactions under
New Delhi: Coal India Ltd (CIL) executives went on a 3-day strike from today protesting against non-fulfilment of their demands including performance-related pay, a move which could add to the woes of the state-run PSU
New Delhi: The total number of telecom subscribers in the country rose marginally to 92.20 crore in January, on the back of increase in rural subscribers, sectoral regulator TRAI said on Wednesday.The overall user base
Mumbai: Watchdog SEBI Wednesday tightened norms aimed at countering money laundering and terror financing through the capital markets and asked market entities to conduct detailed risk assessment of their clients, including those linked to countries
New Delhi: Retail inflation easing to a 25-month low of 8.1 percent in February and a slight improvement in industrial growth have raised hopes for a rate cut by the Reserve Bank next month to
Mumbai: The Bombay High Court today allowed two weeks time to National Spot Exchange Ltd to intervene in a PIL seeking transfer of probe by Mumbai Police to CBI into the alleged Rs 5,500-crore scam.A
Kolkata: Investment climate in India is "unpredictable" which is discouraging European companies from investing in the country, Finnish Ambassador Aapo Polho said today."It is unfortunate that the investment climate in India is unpredictable. Those who
New Delhi: India's current account deficit (CAD) will be contained at less than USD 40 billion this financial year, well below the record level in 2012-13, Finance Minister P. Chidambaram said today.“On the CAD, the
New Delhi: Steel demand in India is expected to remain high, derived by strong fundamentals and the sector is expected to see an investment to the tune of about Rs. 2 lakh crore in coming
New Delhi : The Indian rupee, which rallied to a three-month high last week, is unlikely to maintain the momentum this week due to higher demand for dollars from importers and rise in the greenback
New Delhi : The government should expeditiously clear Rs 19,000 crore of duty refund claims as the mounting arrears are hurting shipments, demanded exporters.Federation of Indian Export Organisations (FIEO) President Rafeeque Ahmed regretted that despite
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