Parliamentary approval was accorded on Thursday to the insurance law amendment bill, with the Rajya Sabha, despite opposition protests, adopting the measure hiking the foreign equity cap on domestic companies from 26 percent to 49 percent. India Inc hailed the bill's passage as a major milestone in the government's reform programme....
The CBI on Thursday raided eight places, including offices of various ministries and private establishments, in New Delhi and Mumbai in another case of leakage of confidential government documents and arrested three people, an official said....
Bringing cheer on an otherwise disturbed industrial scene, India's factory output in January gained momentum rising 2.6 percent against a 1.1 percent increase during the corresponding month of 2014, coupled with retail inflation slowing at 5.37 percent in February against 7.88 percent in the like month of last year....
Cairn India Ltd said on Thursday that it has not received any notice regarding the retrospective $1.6 billion income tax demand on British major Cairn Energy, while noting that Cairn UK Holdings is presently not part of it....
The issue of spectrum has been in news in India with unfailing frequency in recent times, for reasons both right and wrong. What does this term mean? How does it affect lives, yours and mine? A primer:...
Reacting to the special CBI court summons to industrialist Kumar Mangalam Birla as an accused in the coal scam case, Indian Inc. on Thursday cautioned about its repercussions "on overall investor sentiment"....
India's consumer price index-based inflation (CPI) was 5.37 percent during February 2015 -- considerably down from 7.88 percent in the corresponding month of 2014, government data showed Thursday....
Chinese handset maker Xiaomi launched two devices - smartphone Redmi 2 and first tablet from its 'Mi Pad tablet' stable - in India on Thursday. ...
Mumbai, March 12 : A benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), made healthy gains during the late afternoon trade session Thursday. It was trading up 231 points or 0.81 percent as automobile, capital goods and consumer durables stocks made healthy gains. The market's rose after the Asian market's made gains...
Hyderabad, March 12 : A revenue deficit of over Rs.7,000 crore has been projected in Andhra Pradesh's maiden full-fledged budget for 2015-16, which was presented in the state assembly on Thursday. Finance Minister Y. Ramakrishnudu has in his first budget proposed an expenditure of Rs.1,13,049 crore, comprising non-plan expenditure of Rs.78,63...