New Delhi: Union Minister of Petroleum and Natural Gas M Veerappa Moily hopes that the country will be self-sufficient in the energy section by 2030. The minister has lauded the efforts of ONGC, Oil India
New Delhi: Diesel prices will be deregulated in six months with gradual price increases, Oil Minister M Veerappa Moily has said."In six months, diesel sector will be deregulated," he said at the KPMG Energy Conclave
New Delhi: India has got its first all-woman bank, which will be universal in nature, with Prime Minister Manmohan Singh launching the Bharatiya Mahila Bank as a small step towards empowerment of women.The bank, a
Mumbai: Against the backdrop of Bharat Ratna nominee CNR Rao's outburst over inadequate funding for science, Finance Minister P Chidambaram today said competing demands from various departments do result in some sector getting short-changed.“If the
New Delhi: The Chief Investigating Officer (CIO) in the 2G spectrum allocation case today told a Delhi court that he was not aware whether former corporate lobbyist Niira Radia used to do “lobbying” with Department
New Delhi: The I&B Ministry has accepted broadcast sector regulator TRAI's recommendations on guidelines for accreditation of TV rating agencies and will soon approach the union cabinet for its nod, Union Minister Manish Tewari said.
New Delhi: Bhushan Steel, which operates a plant in Odisha where a fire broke out last week killing one person and injuring 15, was today accused by Union Minister and Congress leader Srikant Kumar Jena
New Delhi: The Delhi High Court today directed NDMC not to press the demand for Rs 30 crore tax from Hotel Leela venture for keeping the land vacant for some time prior to starting operations
Mumbai: International rating agency Moody's on Monday maintained its negative outlook on the country's banking sector, citing worries over asset quality and overall economic growth prospects."The negative outlook reflects our views that economic growth will
Shillong: The Empowered Committee of state finance ministers on Monday unanimously decided to keep petroleum and alcohol out of the proposed Goods and Service Tax stating that these were the main sources of income for
New Delhi: A government panel has suggested flexible labour laws and simplified taxation system, among other things, to improve manufacturing in small units.The inter-ministerial committee (IMC), headed by Micro, Small and Medium Enterprises (MSME) Secretary
New Delhi: Foreign direct investment in the pharma sector has more than doubled to USD 1.07 billion during April-August period amid concerns over increasing acquisitions of domestic firms by multinationals.FDI in drugs and pharmaceuticals was
Mumbai: Concerned over large-scale discrepancies in mandatory disclosures by listed firms, Sebi Monday tightened its regulations in this regard and asked bourses to put in place a stronger mechanism with additional manpower to monitor adequacy
New Delhi: Rating agency Fitch Monday said government may have to shift part of the soaring oil subsidy bill of the current financial year to the next fiscal.The government had allocated Rs 65,000 crore for
New Delhi: The Government is taking measures to give momentum to the growth process which was affected by the global financial crisis in 2008, a top Finance Ministry official said today.“The global financial meltdown has
New Delhi: A Parliamentary standing committee on petroleum and natural gas has observed that non- adherence by Reliance Industries to the approved field development plan of KG-D6 block be construed as “default”.The committee, which submitted
Mumbai: HSBC India has sounded evasive about converting itself into a locally incorporated entity, saying that changing the holding structure will not have a bearing on its broader strategy of doing business in the country.
Mumbai: The banking system's slippage to recovery and upgradation ratio has shot up to 257 as of March 2013 from 217 in March 2011 as banks have failed to implement efficient and speedy measures for
New Delhi: Soaring inflation, high fuel cost, rising cost of education and health insurance premiums have eroded the real incomes of middle-class Indian families, with household savings rates dropping by a staggering 40% in the
New Delhi: As SEBI gears up to crack whip on corporates for non-compliance with disclosure norms, hundreds of listed companies have been found to be violating model regulations for disclosing key details such as financial
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