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Govt to invest $10 bn in chip manufacturing units
New Delhi: The government would invest $10 billion in chip manufacturing facilities coming up in Gujarat and Uttar Pradesh, where a consortium of firms are to set up the production bases."India would also be investing $400 million in developing an Indian version of micro-processor. These are part of the initiatives that are under way to create an eco-system that lays focus on high ended...
Oil prices surge after Saudi air strikes in Yemen   26 March, 2015
London: Brent crude oil pared early gains but still rose more than 4 per cent towards $59 a barrel on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen.The air strikes against Houthi rebels, who have driven the president from Yemen's capital Sanaa, could stoke concerns about the security of Middle East oil shipments.Brent futures were up $2.39 at $58.87...
SC allows finalisation of telecom spectrum bids   26 March, 2015
New Delhi: The Supreme Court on Thursday allowed the government to finalise the auction of telecom spectrum and announce the winners, but with a caveat.The finalisation of the results will be subject to the outcome of the cases being heard by the apex court.The telecom auction concluded on Wednesday after 19 days, with a total bid commitment of nearly Rs.110,000 crores from the eight players in...
High Chinese cost opportunity for Indian industry: Jaitley   27 March, 2015
New Delhi: Finance Minister Arun Jaitley said on Friday that higher costs of production in China give a great opportunity for India to become a global manufacturing hub."Wages in China have gone up. That part of the world is now becoming costlier. Can we, therefore, create a world class infrastructure in India," Jaitley asked"Can the cost of our capital not be reasonable? All the...
PM appeals to well off people to give up subsidised LPG   27 March, 2015
New Delhi: Prime Minister Narendra Modi today appealed to the well off people to give up subsidised cooking gas, and expressed his government's resolve to reduce dependence on energy imports by 10 per cent by 2022. Sharing oil companies' plans to increase piped cooking gas connection to one crore households from 27 lakh currently in the next four years, Modi said the decision to surrender...
Highest disinvestment proceeds this fiscal: Jaitley   25 March, 2015
SBI to dilute stake in its general insurance venture to 49%   26 March, 2015
Spectrum auction concludes after 19 days   25 March, 2015
Sun-Ranbaxy $4 billion merger completed   24 March, 2015
Handmade products exude warmth and love: Study   25 March, 2015
Lean and mean   21 March, 2015
Green flight   24 March, 2015
Stellar power   25 March, 2015
SpiceJet enters deal with aircraft lessor for dues   23 March, 2015
Debt conversion norms for distressed companies relaxed   23 March, 2015
SC notice to centre, Essar on babu-corporates nexus   23 March, 2015
Coal Mines Bill passed by Rajya Sabha   21 March, 2015
Jindal 'puzzled' as its bids for coal blocks rejected   21 March, 2015
Anti-black money bill tabled in Lok Sabha   20 March, 2015
Yahoo shuts China operations   19 March, 2015
Tough decisions as endgame nears for Sahara   23 March, 2015
French ban on skinny models justified: Study   19 March, 2015
'India to import Iraqi oil to fill strategic reserves'   19 March, 2015
Alibaba may not invest in Snapdeal   18 March, 2015
Cyber shadowing   14 March, 2015
India's forex reserves down $2.06 billion   21 March, 2015
Mother figure   14 March, 2015
Govt to auction 15-20 more mines if Coal Bill passed in RS   19 March, 2015
Rupee rises to two-week high after dovish Fed statement   19 March, 2015
Wholesale prices fall 2.06 pc in Feb   16 March, 2015
China urges Sri Lanka to protect interests of investors   17 March, 2015
'No retro tax but Cairn is legacy issue'   15 March, 2015
CBI summons RIL official, noted CA   16 March, 2015
Centre pushes states to be business friendly   18 March, 2015
NPAs of banks increase to Rs 3,00,611 crore   13 March, 2015
Tax system being overhauled: Jaitley   14 March, 2015
US encouraged by reforms in India: Lew   18 March, 2015
Will US Fed raise interest rates?   18 March, 2015
SC gives Sahara last chance to raise funds   13 March, 2015
'Majority of states to gain from FinCom report'   16 March, 2015
Govt mulling proposal to give relief to toll tax payers   16 March, 2015
India better prepared for external financial shocks: IMF   16 March, 2015
India Inc hails insurance bill passage   13 March, 2015
India can resume 8 or 9 per cent growth: IMF   12 March, 2015
India needs habitable cities before smart cities   12 March, 2015
Govt urged to take action on high air fares   11 March, 2015
Telecom spectrum auction sees small fall in highest bids   11 March, 2015
It's not rocket science   06 March, 2015
Pep pill   06 March, 2015
New govt scheme to encourage cos to hire, keep skilled labour   10 March, 2015
Indian students spending big on foreign education   10 March, 2015
'Unreasonable to expect big bang reforms in India'   12 March, 2015
India emerging leader in inclusive economic growth: US envoy   11 March, 2015
Launching pad   06 March, 2015
Labour ministry simplifying procedures; to club over 35 laws   11 March, 2015
Summer windfall   06 March, 2015
Apple debuts $17,000 watch   10 March, 2015
Sensex closes 628 points down   09 March, 2015
Sensex plunges 535 points   09 March, 2015
Economy to grow 6.5% in 2016 on better macro conditions   10 March, 2015
Non-banking firms to benefit from assets act   09 March, 2015
Sensex plunges 378 points; banking stocks down   09 March, 2015
Satyam case verdict deferred till April 9   09 March, 2015
World's first solar-powered aircraft to land in Gujarat   09 March, 2015
Smartphone use linked to lazy thinking   07 March, 2015
Widen income tax net: Senior official   07 March, 2015
Post-budget announcements, RBI rate cut cheer markets   07 March, 2015
Spectrum auction sees bids of Rs 77,000 Cr   07 March, 2015
Govt, RBI at odds over who decides rates   06 March, 2015
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chef's choice  |  Hemant Oberoi
Cooking for corporates
At a joint venture meeting between two giant companies, the chief operating officer of one of the companies was slightly on the obese side. This disturbed the health-conscious COO of the other multinational corporation, ...  
freewheeling  |  Derek O'Brien
Bullying the houses
After President Pranab Mukherjee, it is now Lok Sabha Speaker Sumitra Mahajan who has cautioned against the repeated and knee-jerk use of ordinances. Speaking at a conference in Lucknow, she said, “Ordinances ...