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Karzai seeks Indian investment in healthcare, agriculture

21 May 2013

He called for Indian investment in prominent sectors including healthcare, agri business, telecom and capacity building

RBI to issue Rs 5 coins on Vaishno Devi Shrine Board's 25 yrs

21 May 2013

It shall also bear the rupee symbol and denominational value '5' in international numerals below the Lion Capitol.

CAG accuses telecom operators of forming cartels

21 May 2013

CAG in a note to the Department of Telecommunications (DoT) said cartelisation by telecom firms in the last two auctions had resulted in ...

Panel to look into supply issues to power sector on May 31

21 May 2013

Tapering linkage is provided to those coal consumers who have been allocated blocks for meeting the fuel requirement of their end-use plants

Stir against LBT to continue, says FAM

21 May 2013

Section of traders had agreed to call off the strike after a meeting with Chief Minister Prithviraj Chavan in Mumbai last night

Moily asks Kelkar to suggest roadmap for freeing gas prices

21 May 2013

The panel has been asked to prepare a "Roadmap for switching over to the market determined gas pricing at the end of 12th plan period"

Govt notifies withholding tax rate cut on infra bonds

21 May 2013

The government today cut withholding tax on interest earned by foreign investors on investment in long term infrastructure bonds to 5% from 20% ...

CCI to seek more info from CAG on telecom spectrum auctions

21 May 2013

CAG has reportedly alleged that cartelisation among players during the spectrum auctions led to tepid response

CERC advises power min to amend electricity act, tariff policies

21 May 2013

Amidst rising fuel uncertainty faced by power producers especially due to the change in the policy by the respective countries, the Central ...

CAG seeks info on govt investments in PSUs

21 May 2013

The office of the Comptroller & Auditor General of India (CAG) has sought information from the Odisha finance department on investments made ...

India suffers from outdated notions: Nancy Powell

21 May 2013

Pitching hard for further relaxation in foreign direct investment (FDI) norms in India, US ambassador to India Nancy Powell said India still ...

Final composition of PSU ETF basket to be decided by June end

21 May 2013

The department of disinvestment is likely to finalise the composition of the companies which will be part of PSU ETF basket by end of June.

Steel Minister not satisfied with SAIL's performance

21 May 2013

Verma also expressed concern over the progress of ongoing modernisation and expansion plans of the SAIL

UAE Exchange helped remit $6.9 bn to India

21 May 2013

According to a recent World Bank report, India received the largest amount in remittances ($69 billion) out of which 10% was via UAE Exchange

Barclays lowers India growth forecast to 6% for FY14

21 May 2013

Brokerage firm Barclays Capital today lowered India's growth forecast to 6% for 2013-14, from earlier projection of 6.2%, citing "recent ...

India issues clarification on withholding tax benefits for foreign investors

21 May 2013

Foreign investors will be eligible to benefit from lower withholding taxes for interest income accrued between June 1, 2013 and May 31, 2015 ...

Agreements worth $1.42 bn to be inked between Indian, Chinese companies

21 May 2013

Twenty agreements with a total investment of $1.42 billion will be signed here on Tuesday evening between Indian and Chinese companies in the ...

China willing to launch FTA talks with India: Keqiang

21 May 2013

Keqiang said his government supports Chinese enterprises to increase investments in India and expand trade in services

CAG does not leak reports: Vinod Rai

21 May 2013

The CAG said that he was of the opinion that nobody else should see a report before it is tabled in Parliament

FM warns CCI against creating hurdles in way of growth

21 May 2013

Finance Minister P Chidambaram has cautioned the Competition Commission of India (CCI) against becoming another bureaucracy to pull down ...

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