New Delhi: Many highs and lows marked the 2015 trajectory of domestic aviation space with three airlines taking off, one coming back after a near-collapse, a no-frills carrier getting listed and India again securing top
New York: India, with a projected annual growth rate of 7 percent, has the potential to be the world's fastest growing economy over the coming decade, surging ahead of its South Asian economic rival China
New Delhi: The Cabinet Committee on Economic Affairs (CCEA) on Tuesday approved ONGC converting its Rs 5,000 crore loan to subsidiary ONGC Videsh Ltd, into equity.Oil and Natural Gas Corp (ONGC) had extended a loan
New Delhi: The Indian economy is likely to witness a "slow but sustainable" recovery and is expected to clock a GDP growth of 7.5 per cent this fiscal, a Morgan Stanley report says.According to the
New Delhi: Facing flak for 12 straight months of decline in exports, the government on Tuesday said there is "no crisis" in India on the export front and there is "no need for alarm"."There is
Mumbai: The current account deficit (CAD) narrowed to 1.6 per cent of GDP at USD 8.2 billion in the second quarter ended September, mainly due to lower trade deficit.The July-September CAD is lower than USD
New Delhi: Telecom Regulatory Authority of India (TRAI) today told the Delhi High Court that no coercive steps would be taken against telecom companies till the next date of hearing on January 6 for not
New Delhi: Former Finance Minister P Chidambaram today tore into government's management of economy saying there is "complete lack of direction" with no command over situation and the economy is "stagnant".Nineteen months into government, he
Jaipur: On the passage of the Goods and Services Tax (GST) bill currently stalled in the Rajya Sabha, the government said on Sunday it will "find another way" to bring benefits of the law to
New Delhi: The government's disinvestment kitty has almost doubled this year with over Rs 35,000 crore garnered through stake sales in PSUs, but not without the help of its all-time saviour Life Insurance Corporation (LIC),
New Delhi: With each passing day, industry leaders are sounding more and more exasperated over the failure of the parliament to pass the crucial Goods and Services Tax (GST) Bill.Rajan Mittal, Vice Chairman and Managing
New Delhi: Finance Minister Arun Jaitley today indicated that the government may not be able to pass the Goods and Services Tax (GST) Bill in the ongoing session of Parliament, but will introduce the bankruptcy
New Delhi: In an apparent attack on the Congress party over GST Bill stalemate, Union Finance Minister Arun Jaitley today said that 'there are forces which are trying to halt the economic growth' of India.Speaking
Nairobi: Any consensus was elusive at the WTO tonight on major agriculture-related issues as India lodged a strong protest against any move to eliminate farm export subsidies without safeguarding the interest of developing nations.The disagreement
New Delhi: Finance Minister Arun Jaitley on Friday said the Indian economy has seen significant improvement in macro-economic stability despite the uncertain global economic situation, on a day when his ministry's mid-year review sharply lowered
New Delhi: The government today lowered the economic growth forecast for the current fiscal to 7-7.5 per cent from previously projected 8.1-8.5 per cent mainly because of lower agricultural output due to deficit rains.The GDP
New Delhi: Modi government may be facing a tough time in convincing opposition parties in parliament to extend support for the passage of the crucial Goods and services Tax (GST) Bill, it has received support
Chennai: India is better placed than many of its peers after the American central bank - the US Federal Reserve - raised its key interest rates, said credit rating agency Fitch Ratings on Thursday."India is
New York: India has ranked a low 97th out of 144 nations, behind Kazakhstan and Ghana, on Forbes' annual list of the best countries for business in 2015, scoring poorly on metrics like trade and
Mumbai: Jet Airways chief executive officer Cramer Ball has resigned and the airline's whole-time director Gaurang Shetty will work as acting CEO in his place, Jet Airways announced today.Ball's resignation will be effective from February
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