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Govt bans oil trade with ISIS-linked organisations

Iraq has urged the international community to help prevent ISIS from gleaning profits from oil smuggling

Blackstone proposes to invest Rs 4,500 cr in Maharashtra

An investment of R 1,200 cr proposed in IT park at Hinjewadi in Pune

Fresh guidelines to fast track security clearances

This is part of a new national policy drawn up by the Home Ministry to fast-track the security clearance process within 4-6 weeks

Shah panel begins stakeholder deliberation on FII MAT issue

It is scheduled to hold further consultations with Institute of Chartered Accountants of India, Pricewaterhouse Coopers and other expert groups

One more RSS affiliate slams NDA's Land Bill

Criticises the doing away of consent clause and social impact assessment provisions in the bill

Features Rss icon

All you need to know about the Greek crisis

A small country that accounts for only two per cent of the Euro zone's GDP is making the world get the jitters. If Greece is unable to pay euro ...

'Authorisations with different value addition criteria cannot be clubbed'

Can we ask for clubbing of advance authorisation issued in April 2009 (where we have excess exports) with advance authorisation issued in ...

Is Bihar in midst of second green revolution?

On almost all parametres, the situation has either remained the same or has deteriorated somewhat after the talk of second green revolution in ...

Courts can skip empty formalities: SC

It is a basic principle of law that no action shall be taken without providing a hearing to the affected party. This principle, called the law ...

Delhi: A socio-economic profile

Delhi has witnessed an unprecedented rise in prosperity over the past decade. At a per capita income of Rs 2.4 lakh in 2014-15, up from Rs 1.2 ...

Editorial Comment Rss icon

Subir Gokarn: Educational re-alignments

Towards a framework that will reconcile core educational objectives and the roles of stakeholders

Local bodies can't be ignored in schemes for urban housing, infrastructure

Most hurdles in the way of sufficient supply of housing for the poor have been created by the states and the urban local bodies

Policy shift to pulses

But concern about shortage of supply remains

Railway reform imperative

Focus on more investment to enhance capacity should be a priority

Let rupee continue depreciating to deal with export malaise

Deeper problems of competitiveness continue to bedevil India's exports

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

Due diligence vital for start-ups

Sebi norms for listing of these entities require minimal disclosures and compliance

Why NGOs are ending up on the wrong side of the law

Experts say most such NGOs are on a sticky wicket when it comes to compliance with various provisions governing them

Courts can skip empty formalities: SC

It is a basic principle of law that no action shall be taken without providing a hearing to the affected party. This principle, called the law ...

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Dealing with write-downs

The challenge for auditors is to ensure impairment charges are recorded in a timely manner, while for companies it is important to convey to ...

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Making company registration easy

The government introduced a new registration form INC-29 - which combined seven different forms into one - on May 1 this year as part of its ...

IT raids: Assessee's rights limited

Before launching an income tax search and seizure, it is not necessary for the authorities to allow the assessee to inspect documents to verify ...

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Economic Indicators

YoY (In %) Current Qtr Ago Yr Ago
Inflation (28/02) -2.06 1.66 4.68
IIP (30/04) 4.10 1.70 3.40
GDP (31/12) 7.50 8.20 6.40
CPI (31/05) 5.01 5.37 8.28
CRR (29/01) 4.00 4.75 5.50
Bank rate (05/06) 8.25 8.75 9.00