New Delhi: The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a landmark change in India's hydrocarbons exploration regime, sanctioning the auction of 69 small and marginal oil fields of state-owned ONGC and Oil
New Delhi: In March 2015 - in response to a drop in sales as taxes more than doubled over four years - India's leading cigarette company ITC Ltd. shortened its discount Bristol-brand cigarettes by 5
New Delhi: Normal working at banks was affected today due to a nationwide strike called by 10 central trade unions, although the staff of SBI, IOB, ICICI Bank, HDFC Bank and Axis Bank stayed away
New York: Oil prices plummeted Tuesday after a three-day's big gain.Market tumbled as a renewed selloff around the world's equity markets made investors nervous, Xinhua news agency reported.Chinese shares slumped for a second day on
New Delhi: Manufacturing sector grew at a slower pace in August as order flow turned sluggish and forced the companies to cut prices, a business survey showed on Tuesday, adding to the clamour for interest
New Delhi: The first quarter GDP data on Monday showing the growth rate slipping to 7 percent has provoked calls from India Inc for an interest rate cut by the Reserve Bank of India."While the
New Delhi: In a big relief to FIIs, the government today accepted recommendation of a high level panel that minimum alternate tax (MAT) should not be imposed on overseas portfolio investors retrospectively.Finance Minister Arun Jaitley
New Delhi: ATF or jet fuel price was today slashed by a steep 11.7 per cent while rates of non-subsidised cooking gas LPG were reduced by Rs 25.5 per cylinder in line with dip in
New Delhi: Government of India has initiated a giant leap towards transforming the country into a digitally empowered knowledge economy.During the E-tech India Summit 2015, government officials and IT industry experts echoed that with right
Bengaluru: Tata Sons chairman emeritus Ratan Tata invested an unspecified amount in the US-based Infinite Analytics, a predictive data analytics firm from MIT, with sales operations in India, the company said on Monday."We have received
New Delhi: Reflecting a muted performance, the GDP growth slowed to 7 per cent in the April-June quarter, from 7.5 per cent in the previous quarter, amid deceleration in farm, services and manufacturing sectors.A slower
New Delhi: The government plans to make available 2 kg cooking gas cylinders, Petroleum Minister Dharmendra Pradhan said on Sunday while launching the facility of online booking of new cooking gas connections."We are now planning
Mumbai: Leading bourse BSE has decided to revise upwards market lot sizes of equity derivatives contracts based on foreign indices—FTSE/JSE Top 40, iBovespa, Micex and Hang Seng.The move is in line with market regulator Sebi's
New Delhi: The government has identified 305 cities and towns across nine states for implementation of its ambitious ‘Housing for All' scheme.As many as 305 cities and towns have been identified in nine states for
Washington: Reserve Bank of India (RBI) Governor Raghuram Rajan has not ruled out cutting interest rates in India for a fourth time, admitting that the world's central problem is continued slowing economic growth."We'll look at
Mumbai: State Bank of India chairman Arundhati Bhattacharya today said RBI is likely to keep repo rate unchanged in the September monetary policy review due to the uncertainty in the markets and a volatile rupee."Overall,
Bengaluru: Financial products and services company Citi on Thursday announced Citi Mobile Challenge aimed at creating a platform for innovation to flourish in India with focus on mobile innovation in banking, payments and e-commerce ecosystemThe
New Delhi: Competition commission has given a green light to the proposed Rs 750-crore multi-tier merger deal between Future Group and Bharti Retail.The transaction, a major consolidation in the Indian supermarket business, would create a
New Delhi: While the monsoons so far have been able to diminish the fear of another year of drought, it still remains a concern for the country's growth prospect as well as its inflation outlook,
Paytm, one of india's largest mobile commerce platform, is offering additional services for the benefit of its customers. It is all set to enter into the financial services business over the next two weeks. The
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