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  • india sees 62 percent jump in sown crop area

    India sees 62 percent jump in sown crop area

    July 17, 2015 19:17 IST

    New Delhi:  Dispelling fears of an agricultural slowdown, India has so far seen the sown area under crops jump by over 62 percent during the ensuing kharif season over the same period of last year, official

  • service tax new guidelines for returns scrutiny from august

    Service Tax: New guidelines for returns' scrutiny from August

    July 17, 2015 18:15 IST

    New Delhi:  Announcing new guidelines for the manual scrutiny of service tax returns from August 1, the finance ministry on Friday said while scrutiny and anti-evasion work will be the domain of the Central Board of

  • sbi plans to offer 3 profit to staff

    SBI plans to offer 3% profit to staff

    July 17, 2015 16:03 IST

    New Delhi:  State Bank of India (SBI) on Friday said it plans to offer up to 3 per cent of annual profit to employees as part a talent retention and motivation initiative.The bank has sought

  • china s economic fundamentals sound world bank chief

    China's economic fundamentals sound: World Bank chief

    July 17, 2015 12:01 IST

    Beijing: World Bank Group (WBG) President Jim Yong Kim said on Friday that China's economic fundamentals are sound despite the recent equity market volatility."China has built the world's second largest economy and it has undertaken

  • anil ambani announces rs.5 000 crore new defence investment

    Anil Ambani announces Rs.5,000 crore new defence investment

    July 16, 2015 17:37 IST

    New Delhi:  With the recent acquisition of Pipavav Defence, Reliance Group chairman Anil Ambani announced on Thursday that an additional investment of Rs.5,000 crore will be made as part of India's emphasis on "Make in

  • narayana murthy says no big invention from india in 60 years

    Narayana Murthy says no big invention from India in 60 years

    July 16, 2015 13:53 IST

    There has not been a single invention from India in the last 60 years that became a household name globally, nor any idea that led to "earth shaking" invention to "delight global citizens", IT czar

  • india s merchandise exports fall by 16 percent in june

    India's merchandise exports fall by 16 percent in June

    July 15, 2015 22:52 IST

    New Delhi:  India's merchandise exports declined further for the seventh straight month in June to $22.29 billion which was 15.82 percent lower than the $26.48 billion worth shipped in the like month of last year, official

  • 9 oil gas blocks auction under nelp 10 by fiscal end

    9 Oil, gas blocks auction under NELP-10 by fiscal end: Dharmendra Pradhan

    July 15, 2015 19:46 IST

    New Delhi:  The petroleum ministry will launch the tenth round of bidding for oil and gas production contracts under the New Exploration and Licensing Policy (NELP) by the end of fiscal 2015-16, Petroleum Minister Dharmendra

  • boeing tasl ink manufacturing agreement

    Boeing, TASL ink manufacturing agreement

    July 15, 2015 18:09 IST

    Hyderabad:  Giving a boost to 'Make in India' initiative, Boeing and Tata Advanced Systems Limited (TASL) on Wednesday signed a framework agreement to collaborate in aerospace and defense manufacturing and potential integrated systems development opportunities,

  • iran nuclear deal cheers indian industry stock markets

    Iran nuclear deal cheers Indian industry, stock markets

    July 15, 2015 17:40 IST

    New Delhi:  The prospects of importing cheaper oil from Iran after it signed a nuclear deal with six world powers led by the US cheered Indian industry and the equity markets on Wednesday.This followed Tuesday's

  • india to benefit from oil price fall post iran deal pradhan

    India to benefit from oil price fall post-Iran deal: Pradhan

    July 15, 2015 15:01 IST

    New Delhi: International oil prices will come down with the imminent lifting of sanctions against Iran and benefit India, Petroleum Minister Dharmendra Pradhan said today.“With Iran coming to market, the assumption is that there will

  • indian firms invest 15 bn in us employ over 90 000

    Indian firms invest $15 bn in US, employ over 90,000

    July 15, 2015 10:52 IST

    Washington: India-based companies have invested over $15 billion across the US, creating an estimated 91,000 jobs, according to a new report released by the Confederation of Indian Industry (CII) and Grant Thornton (GT).New Jersey, California,

  • reliance adag infused crores in swan telecom claims cbi

    Reliance ADAG infused crores in Swan Telecom, claims CBI

    July 15, 2015 8:24 IST

    New Delhi: CBI yesterday accused Reliance Anil Dhirubhai Ambani Group (ADAG) of having "infused" thousands of crores in Shahid Balwa's Swan Telecom Pvt Ltd (STPL), which allegedly was a front company to bag 2G licences.The

  • pm modi promises all support to japanese companies

    PM Modi promises all support to Japanese companies

    July 14, 2015 22:43 IST

    New Delhi:  Seeking greater investments, Prime Minister Narendra Modi today promised all possible support to Japanese companies through a special mechanism.He made the promise when Hideaki Ohmura, Governor of Aichi Prefecture of Japan, called on

  • income tax return can now be verified electronically

    Income tax return can now be verified electronically

    July 14, 2015 22:19 IST

    New Delhi: In a move to facilitate taxpayers through e-enabled services, the finance ministry on Tuesday said the income tax return for assessment year 2015-16 can now be verified electronically."A taxpayer may verify his return

  • spicejet offers re 1 tickets on mobile app

    SpiceJet offers Re 1 tickets on mobile app

    July 14, 2015 21:11 IST

    New Delhi:  No-frills carrier SpiceJet on Tueaday put on sale 1 lakh seats on its select domestic flights for just Re 1 excluding taxes and fees under a limited offer period that allows the customers

  • india to seek rights for developing iranian gas field

    India to seek rights for developing Iranian gas field

    July 14, 2015 17:41 IST

    New Delhi:  Buoyed by Iran's historic nuclear accord with world powers to end sanctions, India will ask Tehran for rights to develop ONGC-discovered Farzad-B gas field in the Persian Gulf even as it prepares to

  • sebi to introduce new securitisation platform r gandhi

    Sebi to introduce new securitisation platform: R Gandhi

    July 14, 2015 17:31 IST

    Mumbai:  Expressing confidence that India's securitisation market is revving up for a "take-off", RBI's Deputy Governor R Gandhi today said capital markets regulator Sebi is working on a new platform for such transactions.Besides, insurance and

  • wholesale inflation at 2.4 in negative zone for 8th month

    Wholesale inflation at (-) 2.4%, in negative zone for 8th month

    July 14, 2015 13:19 IST

    New Delhi: Deflationary trends continued for the eighth month in a row in June with the wholesale price-inflation slipping to (-)2.4 per cent, largely due to cheaper vegetable and fuel prices.However, pulses turned dearer.The overall

  • forbes marshall is india s best manufacturing work place

    Forbes Marshall is India's best manufacturing work place, 2015

    July 13, 2015 18:34 IST

    Pune:  Forbes Marshall has again been selected as one of India's Best Workplaces, ranking 9th overall among 708 of India's leading companies, and the best workplace in Manufacturing.  The company has consistently ranked in the

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