New Delhi: Costlier onion and other vegetables pushed up inflation for the third month in a row to 6.1 per cent in August, making it difficult for the RBI to cut rate in the monetary
Mumbai: Airports Authority of India (AAI) may take the bond route to fund its on-going projects if it does not receive its around Rs 1,400 crore dues from the debt-ridden Air India, a source said.The
New Delhi: India Inc's business confidence has plunged to the lowest level in 17 quarters -- reminiscent of the 2008-09 financial meltdown -- as cost and availability of credit constrain growth in a weak demand
New Delhi: The reconstituted EPFO's Central Board of Trustees (CBT), which has to take a call on interest rate on PF deposits for the current fiscal, is likely to hold its first meeting on October
New Delhi: The rupee faces further risks, even after recovering some lost ground, and may hover around 65 against the dollar by the end of this year, HSBC said.Risks such as “further equity outflows, higher
New Delhi: The Government is expected to raise import duty on refined edible oil to 10 per cent, from 7.5 per cent at present, to protect the domestic oil refining industry.A Cabinet note regarding this
New Delhi: Seeking to push investment and growth, the Cabinet Committee on Investment (CCI) headed by the Prime Minister is likely to consider seven stalled mega infrastructure projects, envisaging investment of around Rs 1.6 lakh
New Delhi: Faced with a high current account deficit and declining forex reserves, Finance Minister P Chidambaram in his forthcoming US visit will meet FIIs in San Fransisco to woo investments. The Minister will be in
New Delhi: The government Saturday invited pre-qualification bids from companies which are interested in managing the Jaipur and Ahmedabad airports."The RFQ (request for qualification) for selection of prospective bidders for Jaipur and Ahmedabad airports has
Chennai: India's atomic power plant operator NPCIL has spent Rs.3.28 crore towards public relations exercise for its Kudankulam Nuclear Power Project (KNPP) since 2003-04, but it did not spend a single rupee in 2010-11, an
Bhopal: The Madhya Pradesh Government has sought Prime Minister Manmohan Singh's intervention for early environment clearance for stage-II of Shree Singaji Thermal Power Project coming up in Khandwa district.Chief Minister Shivraj Singh Chouhan had made
New Delhi: Corporates can pay their first quarter advance tax today, tomorrow and on Monday at the designated bank branches, an official statement said. “All designated branches of authorised banks have been asked to function
Agartala: A project with funds provided by the Asian Development Bank (ADB) would overhaul the entire 53-year-old water supply system in Tripura capital Agartala, officials said here Saturday."The ADB has recently sanctioned the Rs.130 crore
New Delhi: Prime Minister's key economic advisor C Rangarajan today lowered the growth forecast for the current fiscal to 5.3 percent from 6.4 percent projected earlier and listed out host of measures including further liberalisation
New Delhi: Gold imports are likely to come down to $ 38 billion from $ 53.8 billion this fiscal despite some demand pick up during the forthcoming festival season, Prime Minister's key economic advisor C
New Delhi: The government on Thursday permitted RBI to invest $4.3 billion in special bonds of the World Bank, which would raise the agency's lending limit to India by a similar amount to 21.8 billion
New Delhi: Steel Authority of India (SAIL) has adopted a four-pronged cost optimisation strategy aimed at saving Rs 5,000 crore in next three years as it battles the dual challenge of high production cost and
New Delhi: State-owned Oil and Natural Gas Corp (ONGC) has approved a $ 560 million project for enhancing oil recovery at the prolific Rajasthan oilfields.“Our board earlier this week approved the Enhanced Oil Recovery (EOR)
Mumbai: Reserve Bank has decided to create a central repository on large borrowers-- both individuals and entities-- with exposure of more than Rs 10 crore to help banks deal with credit risks.The RBI, in a
Guwahati: Welspun Energy today said it is considering setting up a 25-MW solar power project at an investment of around Rs 200 crore in Assam.“We are looking to enter the North East, particularly Assam. To
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