New Delhi: CBI has registered a fresh case in connection with its coal blocks allocation probe against a Delhi-based steel company and carried out searches at its premises in the National Capital Region. CBI sources said a case has been lodged against Rathi Steel and Power Limited, its Director Udit Rathi and unknown others for [...]
NEW DELHI: The government plans to announce a review of the foreign direct investment limits as also coal pricing and allocation to power plants and gas pricing by the end of June, finance minister Palaniappan Chidambaramtold reporters on Thursday. The various measures taken by the government since last September have yielded significant results and the [...]
Both the precious metals, gold and silver, bounced back in the national capital today on stockists buying in tandem with a firming global trend. While gold recovered sharply by Rs 360 to Rs 28,550 per 10 grams, silver gained Rs 500 to Rs 44,700 per kg. Traders said stockists buying in line with a firm [...]
The International Monetary Fund cut its growth forecast for China this year to 7.75 percent from 8 percent, citing a weak world economy and exports, adding to concerns that the world’s second-largest economy is losing momentum. No tags for this post.
The rupee on Wednesday fell by 22 paise to trade at fresh nine-month low of 56.18 against the US dollar in early trade on the Interbank Foreign Exchange due to month-end demand for the US currency from importers and banks. No tags for this post.
The BSE benchmark Sensex fell by over 77 points in early trade on Wednesday after three sessions of gains on emergence of profit-booking by funds and retailers amid a mixed trend in Asian markets. No tags for this post.
Market regulator Sebi on Tuesday started the process of refunding money to those who had invested in two Sahara group companies through optionally fully convertible debentures. No tags for this post.
A weak demand environment is leading to lower volumes and slow investment cycle, taking a heavy toll on the performance of India Inc. No tags for this post.
The Dow closed at a new all-time high on Tuesday after strong gains in US home prices and consumer confidence boosted stocks. No tags for this post.
Manmohan Singh was responding to Hiromasa Yonekura, chairman of Japan India Business Leadership Form, who told the PM that differences in tax regimes of each state and the complicated tax structure were big obstacles for investments in India. No tags for this post.