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  • india slaps duty on us eu imports of chemical used in

    India slaps duty on US, EU imports of chemical used in perfume

    October 27, 2013 17:01 IST

    New Delhi: India has imposed anti-dumping duty of up to USD 0.36 a kg on import of a chemical, used in manufacture pharmaceuticals and fragrance products, from EU, US and Korea to protect domestic players

  • record onion prices cci officials plan to visit states

    Record onion prices: CCI officials plan to visit states

    October 27, 2013 16:53 IST

    New Delhi: With onion prices at a record, Competition Commission officials plan to visit states to get a better understanding of the market as they try to determine if cartelisation is making the commodity expensive.The

  • hiring grows by 24 in recession proof pharma sector

    Hiring grows by 24% in recession-proof pharma sector

    October 27, 2013 16:27 IST

    New Delhi: Amid continuing business expansion, hiring in India's pharmaceutical sector grew an estimated 24 percent in the current financial year and job creation may continue in the near future.Considered relatively recession-proof, the pharmaceutical sector

  • double penalty on ril to impact investment climate plan

    Double penalty on RIL to impact investment climate: Plan Panel

    October 27, 2013 16:17 IST

    New Delhi: The Planning Commission has warned that imposing a second penalty on Reliance Industries for producing less-than-projected natural gas from its KG-D6 fields could impact investment climate in the same manner as retrospective tax

  • walmart resumes us lobbying on fdi in india

    Walmart resumes US lobbying on FDI in India

    October 27, 2013 15:49 IST

    Washington/New Delhi: Global retail giant Walmart has resumed its lobbying with the US lawmakers on matters related to FDI in India and it spent USD 1.5 million on about 50 specific issues, including those related

  • india s forex reserves up 1.88 bn to 281.12 bn

    India's forex reserves up $1.88 bn to $281.12 bn

    October 26, 2013 23:42 IST

    Mumbai: India's foreign exchange (forex) reserves gained $1.88 billion to touch $281.12 billion for the week ended Oct 18, official data showed.Forex reserves had risen by $1.51 billion to touch $279.24 billion for the week

  • files contain reasons for preferring hindalco over psu

    Files contain reasons for preferring Hindalco over PSU: Parakh

    October 26, 2013 23:37 IST

    Hyderabad: Former Coal Secretary P C Parakh, who has been charged with alleged irregularities in the allotment of coal mine to Aditya Birla Group, on Saturday said he had on files given full reasons for

  • hsbc lowers india s cad forecast for fy 14 to 3.4

    HSBC lowers India's CAD forecast for FY'14 to 3.4%

    October 25, 2013 13:23 IST

    New Delhi: Global financial services major HSBC has lowered India's current account deficit (CAD) forecast for this financial year to 3.4 per cent of GDP from 4.1 per cent earlier.HSBC said the country's CAD is

  • ndc to take final call on rajan panel report plancom

    NDC to take final call on Rajan panel report: PlanCom

    October 24, 2013 23:57 IST

    New Delhi: Planning Commission Thursday said it has not scrapped Raghuram Rajan Committee report and it will be placed before the country's apex Planning body National Development Council headed by the Prime Minister for consideration.The

  • us tapering fm wants regulators to take preventive steps

    US tapering: FM wants regulators to take preventive steps

    October 24, 2013 23:54 IST

    New Delhi: Finance Minister P Chidambaram Thursday asked financial sector regulators, including RBI and SEBI, to take preventive steps to neutralise the impact of US Federal Reserve's monetary stimulus tapering that is likely early next

  • mukesh ambani remains richest indian with assets of 18.9

    Mukesh Ambani remains richest Indian with assets of $18.9 billion

    October 24, 2013 23:10 IST

    New Delhi: Energy tycoon and Reliance Industries Chairman Mukesh Ambani is India's richest man with personal assets of $18.9 billion, a report says.According to the China-based Hurun India Rich List, Mr. Ambani retained the top

  • life insurance sector can grow to 2 2.5 times by 2020 report

    Life insurance sector can grow to 2-2.5 times by 2020: Report

    October 24, 2013 21:18 IST

    Mumbai: The life insurance industry has the potential to grow to 2-2.5 times by 2020 from its current size even as it is faced with multiple challenges, including sudden regulatory changes, says a report by

  • onion prices remain high at rs 100/kg crisis to continue

    Onion prices remain high at Rs 100/kg; crisis to continue

    October 24, 2013 21:10 IST

    New Delhi: Onion prices continued to rule at a record Rs 100 per kg in parts of the country for the second day today as a hapless government waited for increased supply of new crops

  • bengal cm to meet industrialists on oct 28

    Bengal CM to meet industrialists on Oct 28

    October 23, 2013 22:32 IST

    Kolkata: Continuing with the tradition set four years ago, West Bengal Chief Minister Mamata Banerjee would meet industrialists of the state and members of chambers of commerce on October 28, state's Industry Minister Partha Chatterjee

  • nafed floats tender to import onions amid high domestic

    NAFED floats tender to import Onions amid high domestic prices

    October 23, 2013 22:13 IST

    New Delhi:  After Onions touched an all time high of Rs. 90 per kg, co-operative major NAFED on Wednesday floated tender for import of the bulb from Pakistan, Iran, China and Egypt.National Agricultural Cooperative Marketing

  • rbi receives usd 10.1 billion under forex swap window

    RBI receives USD 10.1 billion under forex swap window

    October 23, 2013 21:49 IST

    New Delhi: Reserve Bank on Wednesday said it has received $10.1 billion under two schemes which were announced last month to attract foreign funds.“The Reserve Bank has received till date $10.1 billion under the special

  • jet airways standalone losses jump eight fold to rs 891

    Jet Airways standalone losses jump eight-fold to Rs 891 crore

    October 23, 2013 20:32 IST

    New Delhi: Naresh Goyal-run Jet Airways has reported a eight-fold jump in losses at Rs 891 crore in the September quarter due to the fall in rupee's value and poor market conditions, coupled with grounding

  • onion prices may remain high for 2 3 weeks indicates pawar

    Onion prices may remain high for 2-3 weeks, indicates Pawar

    October 23, 2013 16:08 IST

    Bangalore: Agriculture Minister Sharad Pawar today indicated that onion prices - which have shot up to Rs 80-90 per kg - might remain high for 2-3 weeks, and asked states to crack down on hoarders

  • onion prices to stabilise in 10 days dikshit

    Onion prices to stabilise in 10 days: Dikshit

    October 23, 2013 6:49 IST

    New Delhi: Delhi Chief Minister Sheila Dikshit Tuesday assured onion prices would stabilise in 10 days, adding her government has been intervening from time to time in the matter."With expected arrival from Rajasthan, the prices

  • government concerned about bad loans will monitor large

    Government concerned about bad loans, will monitor large NPAs: P Chidambaram

    October 22, 2013 23:48 IST

    New Delhi:  Attributing rising bad loans in the banking sector mainly to large borrowers, Finance Minister P Chidambaram today said the government will monitor 30 NPA accounts of each PSU bank to recover dues and

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