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Petroleum and Natural Gas Minister Dharmendra Pradhan. File

India asks OPEC+ to fulfill promise of price stability: Dharmendra Pradhan

Reuters OPEC+ group had previously been widely expected to ease the production cuts

Analysts across-the-board concurred with the government’s view that at ₹77,814 crore of total bids, the spectrum auction outcome and response had surpassed expectations.

‘Spectrum will boost Jio, Bharti’s market share’

PTI ‘Telcos significantly widened footprint’

‘Govt. can cut excise on fuels by ₹8.5 sans revenue impact’

PTI Budget’s duty estimate of ₹3.2 lakh cr. can be met: ICICI Sec.

Samsung is considering a number of possibilities in terms of expansion.

Samsung considers four sites in U.S. for $17 bln chip plant: documents

Reuters Samsung already has a chip plant in Austin, which due to shutdowns caused by a winter storm last month is expected to need a couple of weeks to resume production

Other Articles

OVL eyeing 25 per cent stake in Iranian gas field

Centre plans authority for national expressway

Demand for cotton export ban rejected

327 Central projects running late by up to 16 yrs: Government

RIDF support of Rs 417.06-crore to AP: NABARD

Army personnel to get VAT exemption on purchase of vehicles

Open up new sources of long-term financing: Subbarao

Reserve Bank of India Governor D. Subbarao on Wednesday urged bankers to meet the formibale challenges head on. The four challenges were: deepening

Seven maxims to balance financial stability and innovation

At the heart of many branches of ancient Chinese science and philosophy is ‘yin-yang,’ a concept that describes how seemingly opposing forces are

We have made Bihar a preferred destination for investors: Nitish

Restoration of rule of law, decline in cases of kidnapping besides communal and caste harmony during the NDA rule have made Bihar a preferred

Six Indian companies, CII ink deals in US to enhance cooperation

Six Indian companies including Tata Communications and Infosys Technologies have signed separate agreements in Washington with US-based companies to

India needs 50 crore cumulative skilled manpower by 2022

India needs about 50 crore of cumulative skilled manpower by 2022, of which Maharashtra alone needs 5 crore, a senior Maharashtra government official

IRDA against Basle-II norms for insurance industry

The Insurance Regulatory and Development Authority (IRDA) indicated that it was against implementing a mark-to-market regime for the valuation of

6 million tonne record sugar import likely this year: USDA

India, the world’s largest sugar consuming nation, may import a record of six million tonne in the 2009-10 season due to a sharp dip in domestic

Dollar influx hurting exports: FIEO

The phenomenal rise of the rupee in the recent past, following the massive influx of foreign funds into the domestic stock markets, has hurt the

Speak to employees before selling state-owned firm: Mamata

While ruling out divestment of any unit under her ministry, Railway Minister Mamata Banerjee has asked the government to consider giving shares of

Life insurance industry to clock Rs 2,55,000 cr premium

The Indian life insurance industry is expected to grow by about 15 per cent in the current financial year to touch a total premium income of Rs

Assocham demands uniformity in ET rates across India

The Centre should act as a coordinator to bring uniformity in entertainment tax rates, currently varying between 30 per cent and 40 per cent across

IRDA may cap CEO salary at Rs 1.5 cr from policyholders fund

Insurance regulator IRDA is mulling to put a cap of Rs 1.5 crore on the annnual salary of Chief Executive, which could be paid from the policyholders’

FICCI to join hands with US varsities

Industry body FICCI will join hands with US-based educational institutions for exploring additional possibilities of cooperation in context of

KSIDC—FACT ink pact for Rs 400 crore Convention Centre

A MoU for setting up a Rs 400 crore Trade and Convention Centre was signed here today by Kerala State Industrial Development Corporation and

India to press for reforms in WTO functioning

In the run-up to the seventh WTO Ministerial Meeting in Geneva beginning November 30, India has proposed urgent reforms in the functioning of the

Canada introduces express business visas for Indians

Canada has announced a new liberal business visa regime for Indian businessmen to catch up with other industrialised nations in boosting trade with

TRAI fixes Rs 19 as portability fee to change mobile operators

Telecom regulator TRAI today fixed at Rs 19 the reference rate for portability fee-charged from users for changing operator while retaining the

British structural steel co inks second Indian JV

British structural steel major Severfield-Rowen has announced the signing of its second joint venture in India to establish a structural metal decking

SEBI examining investment avenues for portfolio managers

Securities and Exchange Board of India is in the process of examining whether registered portfolio managers invest in instruments other than listed

UP industries to get uninterrupted power supply

Industries in Uttar Pradesh will get power supply throughout the day as the UP Power Corporation Ltd has decided to stop load shedding in this sector

Union Commerce Ministry will not force SEZs in Goa: Chief Minister

The Union Commerce Ministry has said the Special Economic Zones (SEZs), which have been rejected by the people of Goa will not be forced in the state,

Start work within 2 years, Shinde asks power companies

Power Minister Sushil Kumar Shinde on Thursday threatened action against companies that do not start work on captive mines within two years of allotment.

Decision on cotton export ban soon

Union Textiles Minister Dayanidhi Maran on Wednesday said that the Government would soon take a decision on the demand of the textile industry for a

West Bengal to to emerge as BPO hub, says Debesh Das

West Bengal is set to emerge as the country’s hub of business process outsourcing services and the State’s IT infrastructure will increase three-fold

Outsourcing to Europe still a challenge

The outsourcing model adopted by Indian IT service providers for the U.S. and North American markets is “not working” in Continental Europe, according

Govt has power to regulate gas distribution in public interest

The contractor must always be mindful of interest of India, says Parasaran

Jharkhand agrees to renew Chiria leases to SAIL

Public sector steel firm SAIL on Tuesday said the Jharkhand government had agreed to renew leases of Chiria iron ore mines to meet the current needs

Hyundai working on small car project

Even as competition hots heat up with a number of players entering the domestic small car segment, Hyundai Motor India Ltd. (HMIL) has said that it is

Incredible India campaign scores

Incredible India has done it again! Another international award for the campaign — showcasing major holiday destinations — has given a fillip to Brand

Domestic crude oil production falls: CMIE

Domestic crude oil production in India declined by 1.2 per cent in HI of the current fiscal from the same period a year ago due to fall in output by

Nippon Steel steps up rail exports to India

Nippon Steel Corporation, one of the world’s largest steel producing companies, has said that its exports to India had increased in the past years.

Cotton production estimates revised

The Cotton Advisory Board has estimated the cotton production in 2009-10 (October- September) to be 295 lakh bales. In August this year, the board

Foreign companies abstain from 3G meet

Foreign telecom companies today stayed away from a meeting to discuss the blueprint for 3G (third generation) mobile spectrum auction, while domestic

Banks need 12 lakh business correspondents in rural areas

The Indian Banking sector needs at least 12 lakh business correspondents to work in rural areas to bring six lakh villages of the country into the

Andhra Pradesh tops in number of investments in textile industry: CII

Andhra Pradesh ranked on top with regard to the total number of investments made in textile projects this year, a study conducted by Confederation of

Security fair generates Rs 460 crore business

International and domestic firms generated business of over Rs 460 crore selling latest security equipments, including CCTVs and intruder alarms, to

Construction market to touch $12.7 trillion by 2020

According to a report by consultancy Global Construction Perspectives and economic forecasting firm Oxford Economics, the global construction market

NMDC, SAIL sign MoU for limestone mining in Himachal

NMDC) and Steel Authority of India Limited (SAIL) on Monday signed a memorandum of understanding (MoU) to form a joint venture for the development of

Power Ministry to approach Finance Ministry for abolition of service tax

Power Secretary H. S. Brahma today said the Ministry would soon approach the Finance Ministry for abolition of service tax on power transmission that

PSU oil firms hike ATF prices by 2.4 p.c.

For the second time this month, state-owned oil firms on Sunday hiked jet fuel prices, this time by 2.4 per cent following a spurt in international

Steel minister calls for expediting steel projects

Steel minister Vir Bhadra Singh has called for expediting implementation of steel projects as the country has set a target of producing 124 million

Steel demand to outstrip supply

The Central Government is planning a dose of divestment in Steel Authority of India Ltd. (SAIL) and National Mineral Development Corporation within