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Petrol price cut 80 paise, Diesel price down Rs 1.30 per liter

Non-branded petrol to cost Rs 59.20 per liter in Delhi, diesel will cost Rs 47.20

Food minister favours hiking import duty on sugar to 40%

Officials said a prominent and dominant view in the meeting was to bring back the old system of regulated release of sugar in the market to prevent free-fall in prices

CBDT names and shames tax defaulters, again

I-T dept publishes list of 31 assessees who collectively owe the exchequer Rs 1,500 cr

Banks at it again, disburse a third of FY15 loan in last 15 days

Loan growth shoots up to 12.6% from 9.5% in the span of a fortnight

Bike ambulance to serve accident victims in Bengaluru

Move aimed at providing relief to accident victims in congested areas within minutes

After Rajan, now Jayant Sinha bats for full rupee convertibility

RBI Governor Raghuram Rajan had last week said the rupee might become fully convertible in the next few years

Over 8 mn Indians to book hotels online by 2016 says Google report

Budget accommodation is the most popular with users in India, with 49% users booking budget hotels

Indian e-commerce sector to turn operating profitable by 2020: report

UBS Securities' report estimates Indian e-commerce space to grow 10 times from now to $50 bn by 2020

Brocade Communications commits $300 mn addl investment in India

Networking solutions company looks at expanding its R&D capability around new IP

Sports sector grows 10% in 2014

Mumbai airport sells Mallya jet to scrap dealer

Jet sold for a local scrap dealer for a mere Rs 22 lakh to recover dues

'Swaraj Abhiyan is a separate organisation but not a political party'

Yogendra Yadav and Prashant Bhushan claimed that the 'movement' would have collective leadership and not single authoritarianism

The vanquished unite: 6 Janata parivar parties announce merger

Mulayam says defeating BJP primary objective

CBI files charge sheet against Deccan Chronicle promoters

This pertains to a case filed in February, 2013, against the promoters for criminal conspiracy, cheating and forgery, based on a complaint filed by Canara Bank

Lower court grants bail to Deccan Chronicle promoters

Judge orders each of the accused to furnish Rs 5 lakh security and two sureties

Vegetable oil imports up 27% in March

Imports were at 1.06 mn tonnes in March this year as against 0.84 mn year on year

Sugar industry asks for rationalised cane price policy across the country

All India cane price arrears crossed Rs 19,000 cr

SAT adjourns DLF's appeal against Sebi penalty

Sebi told to file a reply in six weeks, DLF asked to file a rejoinder; meanwhile, Tribunal imposes stay on penalty

Need more indigenously developed operational software: ISRO chief

Says more institutions could work on several areas for developing software within the country to save costs

Azafran Innovacion targets Rs 40 crore sales by 2018

Firm is in process of expanding capacity, eyes 5% of Rs 10,000 cr conventional cosmetic market