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  • sahara india keen on projects in west bengal

    Sahara India keen on projects in West Bengal

    November 29, 2013 21:27 IST

    Kolkata: Sahara India, which has diversified interests, had plans to invest in West Bengal, its chief Subroto Roy said. "We plan to set up a 500-bed hospital and a medical college near Sonarpur in South

  • gdp grows 4.8 pc in q2 fiscal deficit inflation up

    GDP grows 4.8 pc in Q2; fiscal deficit, inflation up

    November 29, 2013 20:43 IST

    New Delhi: After hitting a four-year low in the first quarter, the economy grew by a higher-than-expected 4.8 per cent in the September quarter on an uptick in agriculture and factory output, although a rise

  • india s gdp to grow at 5.4 in q2 of fy 14 assocham

    India's GDP to grow at 5.4% in Q2 of FY'14: Assocham

    November 28, 2013 17:18 IST

    New Delhi: A day ahead of the announcement of GDP figure for the July-September quarter of the current fiscal, industry body Assocham has pegged the country's growth at 5.4 per cent for the period on

  • ceib detects rs 3 000 crore of black money in h1 of 2013

    CEIB detects Rs 3,000 crore of black money in H1 of 2013

    November 26, 2013 15:42 IST

    New Delhi: Black money totalling around Rs. 3,000 crore has been detected in the country by the Central Economic Intelligence Bureau (CEIB) in the first half of this year, according to official sources.The central economic

  • global tax laws india fully compliant cyprus and three

    Global tax laws: India fully compliant, Cyprus and three others fail test

    November 24, 2013 14:32 IST

    New Delhi: A worldwide crackdown on illicit funds has left just four jurisdictions — Cyprus, Luxembourg, Seychelles and British Virgin Islands — non-compliant with global tax laws, while India has emerged as 'fully compliant'.Mauritius has

  • india is e y s most attractive investment destination china

    India is E&Y's most attractive investment destination, China 3rd

    November 24, 2013 14:27 IST

    New Delhi: E&Y has said that India has emerged as the most attractive investment destination surpassing neighbouring China and the US, thanks to relaxation in FDI norms to boost investor sentiments. The global survey by

  • india to protect interest of poor farmers in wto bali meet

    'India to protect interest of poor, farmers in WTO Bali meet'

    November 23, 2013 23:25 IST

    New Delhi: Admitting that India runs the risk of breaching WTO's permissible food subsidy limits, Commerce Minister Anand Sharma has said the government would endeavour to work out a solution in the forthcoming Bali meet

  • no return to administrative prices for petroleum moily

    No return to administrative prices for petroleum: Moily

    November 23, 2013 20:55 IST

    Thiruvananthapuram: Union Minister of Petroleum and Natural Gas M Veerappa Moily today made it clear that there would be no return to Administrative Price Mechanism for petroleum products as the country has gone far ahead

  • banks supposed to implement policies of govt fm

    Banks supposed to implement policies of govt: FM

    November 23, 2013 20:32 IST

    Sivaganga: Union Finance Minister P Chidambaram today banks were supposed to implement policies of the government.Declaring open branches of the United Bank of India at Mathakupatti and Kallal in the district today, he said people

  • mcx sx is well ring fenced from nsel crisis sebi

    MCX-SX is well ring-fenced from NSEL crisis: Sebi

    November 23, 2013 18:17 IST

    Mumbai: Sebi Chairman UK Sinha today allayed fears of crisis at the parent group of MCX-SX spilling over to the bourse saying that the troubled Financial Technologies- promoted stock exchange is ring-fenced from other group

  • push for exports cash in on exchange rates fm to traders

    Push for exports, cash in on exchange rates: FM to traders

    November 23, 2013 17:29 IST

    Chennai: Exhorting traders to push exports by cashing in on attractive exchange rate, Finance Minister P Chidambaram today said imports cannot be “compressed” too much as they are the lifeline of many domestic industries.“The trade

  • recovery orders for over rs 500cr issued in past 2 months

    Recovery orders for over Rs 500cr issued in past 2 months:Sebi

    November 23, 2013 16:33 IST

    Mumbai: Markets regulator Sebi today said it has ordered recovery of over Rs 500 crore from defaulting/ erring companies ever since the new search and seizure order was implemented two months ago.“In the past two

  • forex reserves rise for 2nd week jump by 1.46 bn to 283.6 bn

    Forex reserves rise for 2nd week, jump by $1.46 bn to $283.6 bn

    November 23, 2013 16:03 IST

    Mumbai: Forex reserves jumped for the second consecutive week by adding $1.459 billion in the week to November 15, taking the overall reserves to a healthy $283.57 billion, on account higher foreign currency assets.In the

  • not done any favour to ril veerappa moily tells sc

    Not done any favour to RIL, Veerappa Moily tells SC

    November 23, 2013 15:52 IST

    New Delhi: Petroleum Minister M. Veerappa Moily has told the Supreme Court (SC) that he has not done any favour to Reliance Industries (RIL) and allegations levelled against him by Communist Party of India member

  • vietnam seeks investments from india inc

    Vietnam seeks investments from India Inc

    November 22, 2013 21:30 IST

    Mumbai: Vietnam on Friday sought investments from Indian industry in areas such as oil & gas, technology and infrastructure, saying that trade between the two nations could go up to US$ 7 billion by 2015.

  • rbi to sell rs 1 000 cr inflation indexed bonds on nov 26

    RBI to sell Rs 1,000 cr inflation indexed bonds on Nov 26

    November 22, 2013 20:45 IST

    Mumbai: The Reserve Bank today said it will sell inflation-indexed bonds worth Rs 1,000 crore through price-based auction on November 26.  Interest at the rate of 1.44 per cent per annum will accrue on the

  • hc orders notice to centre rbi on plea for security at atms

    HC orders notice to Centre, RBI on plea for security at ATMs

    November 22, 2013 20:36 IST

    Madurai: The Madras High Court Bench here has ordered issuance of notice to Union Home Secretary and the RBI among others on a PIL seeking posting of security guards, aged not more than 45, in

  • bank unions to observe one day strike on dec 19

    Bank Unions to observe one-day strike on Dec 19

    November 22, 2013 17:53 IST

    Chennai: Pressing various demands, the United Forum of Bank Unions, representing employees of public and private sector banks, has decided to observe a one-day nationwide strike next month.A decision to this effect was taken at

  • preferential market access for private sector in advanced

    Preferential market access for private sector in advanced stages

    November 22, 2013 17:46 IST

    New Delhi: The preferential market access (PMA) policy, which mandates sourcing of sensitive telecom and electronic equipments and technology from domestic equipment makers is in advanced stages, a top official from Department of Electronics and

  • manufacturing share in india s gdp at lowest in 10 years

    Manufacturing share in India's GDP at lowest in 10 years: Report

    November 22, 2013 17:36 IST

    Mumbai: Share of manufacturing in India`s gross domestic product (GDP) has declined to 15.1 percent this year, the lowest level in the past 10 years, a research report showed Friday.According to a survey conducted jointly

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