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OMCs make Rs 1.90/litre margin on diesel

The gains on diesel sales are a result of continued monthly price rises and an ongoing slump in global crude oil prices

Modi, Obama take defence ties to advanced stage

US to boost investments in India capital markets

India to grow 5.6% this fiscal, 6.5% in FY16: Fitch

Says investment likely to rise now that political uncertainty has disappeared

Mahavitaran: Fuel shortage hits power generation; load-shedding likely

Consumers of Mahavitaran will have to face power cuts during the ongoing festive season as the state utility's power generation has dropped due ...

India gives in partially to US demand on climate change

The govt takes the final decision to partially accept US demands on the phase-out of global warming refrigerant gases in India

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Despite climb to price parity, diesel still risky for retailers

For any price change, oil companies still have to seek government permission. Unless this system is dispensed with, their precarious situation ...

Not a level playing field

The Competition Commission of India's investigation wing is faced with a manpower crunch

Are independent directors nominees of dominant shareholders?

Achieving quality corporate governance is possible through innovative solutions

SC rebuke for government arbitrators

When arbitrators delay the proceedings intentionally and behave in a "cavalier manner", the court can override the terms of the contract and ...

Black mark on the seafront

Storage of coal in the open on land belonging to the Mumbai Port Trust invites criticism on grounds of civic aesthetics and public health

Editorial Comment Rss icon

A multi-faceted relationship

But Prime minister's US trip reveals limits of summit meetings

To cap, or not to cap

Government flip-flop on medicine prices

A weekend in New York

Prime minister's two speeches give hints of his direction

Beware of complacency

Improved rating outlook buys government time, that's all

No respite for coal

Judgment throws several sectors into uncertainty

Columnists Rss icon

Shyam Ponappa: Extractive charges on spectrum and petroleum
Shyam Ponappa

The author examines whether government levies on these critical inputs are beneficial or detrimental

Barun Roy: A sequel to Hong Kong?
Barun Roy

Recent efforts to promote trade and tourism between China and Taiwan show the latter's risk factor as a flashpoint is no longer acute

Arvind Panagariya: India must call the US' bluff on patents
Arvind Panagariya

The recent US-India friction over trade is being driven by Big Pharma

Business Law & Tax Rss icon

Not a level playing field

The Competition Commission of India's investigation wing is faced with a manpower crunch

Are independent directors nominees of dominant shareholders?
Asish K Bhattacharyya

Achieving quality corporate governance is possible through innovative solutions

How a case proceeds in Competition Commission

On filing a caseAny person can file an application or information before the Secretary of Commission. CCI has to judge if there is a prima facie ...

SC rebuke for government arbitrators
M J Antony

When arbitrators delay the proceedings intentionally and behave in a "cavalier manner", the court can override the terms of the contract and ...

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Protecting the whistle-blower

Absence of a comprehensive protection programme acts as deterrent to prospective whistle-blowers

A weekly selection of tax-related court orders

A missed opportunity The Delhi High Court in the case, Delhi Airport Metro Express vs CAF India & Construcciones Y Auxiliar De ...

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Economic Indicators

YoY (In %) Current Qtr Ago Yr Ago
Inflation (30/04) 5.20 6.16 4.77
IIP (31/03) -0.50 -0.20 3.51
GDP (31/12) 4.70 4.80 4.70
CPI (30/04) 8.59 9.87 9.39
CRR (29/01) 4.00 4.75 5.50
Bank rate (02/05) 9.00 9.00 8.50