Suvashree Dey Choudhury, Douglas Busvine, Rajesh Kumar Singh, Devidutta Tripathy And Rafael Nam

Stories by Suvashree Dey Choudhury, Douglas Busvine, Rajesh Kumar Singh, Devidutta Tripathy And Rafael Nam

Solar trade spat: India hits back at US

Solar trade spat: India hits back at US

Rediff.com   11 Feb 2014

India said on Tuesday it was investigating US policies supporting solar panel makers, the latest move in an escalating row over renewable energy that has worsened already strained ties between the two countries.

Kingfisher to appeal against Karnataka HC order

Kingfisher to appeal against Karnataka HC order

Rediff.com   3 Feb 2014

India does not have a formal bankruptcy process. Liquidation pleas could take years before a final verdict.

Delhi power regulator nods up to 8% tariff hike

Delhi power regulator nods up to 8% tariff hike

Rediff.com   31 Jan 2014

The Delhi Electricity Regulatory Commission said the surcharge was for a period of three months from February 1 or until any further order.

Raghuram Rajan slams breakdown in global monetary coordination

Raghuram Rajan slams breakdown in global monetary coordination

Rediff.com   31 Jan 2014

Industrial countries cannot at this point wash their hands off developing economises and say we will do what we need to, and you do the adjustment you need to, says RBI Governor.

Consumer inflation to ease in next two months: Raghuram Rajan

Consumer inflation to ease in next two months: Raghuram Rajan

Rediff.com   31 Jan 2014

India's consumer inflation should ease in the next two months, and will fall to 8 per cent by the end of the year, says RBI Governor Raghuram Rajan.

Bharti Airtel net profit rises 1st time in four years

Bharti Airtel net profit rises 1st time in four years

Rediff.com   29 Jan 2014

Bharti Airtel, nearly a third owned by Southeast Asia's top phone carrier SingTel, said it was helped by lower competition and an increase in voice call prices.

India cuts spectrum fee for big telcos to spur bids

India cuts spectrum fee for big telcos to spur bids

Rediff.com   27 Jan 2014

Telecommunication companies buying airwaves in an Indian auction next month will pay 5 per cent of their revenue as an annual fee.

3 banks to help govt sell Axis shares

3 banks to help govt sell Axis shares

Rediff.com   21 Jan 2014

At the bank's current market price, the stake on offer is worth about Rs 5,700 crore

December headline inflation eases to 5-month low of 6.16%

December headline inflation eases to 5-month low of 6.16%

Rediff.com   15 Jan 2014

In November, wholesale prices, India's main inflation measure, rose 7.52 percent, their fastest pace in 14 months.

Restrictions on local carriers flying abroad set to ease

Restrictions on local carriers flying abroad set to ease

Rediff.com   14 Jan 2014

Ajit Singh says will seek cabinet nod to scrap 5-year, 20 aircraft rule.

December retail inflation slows to three-month low

December retail inflation slows to three-month low

Rediff.com   13 Jan 2014

Food prices for consumers last month rose 12.16 per cent from a year earlier, slower than November's 14.72 per cent rise.

FIPB clears Vodafone's plan to fully own local unit

FIPB clears Vodafone's plan to fully own local unit

Rediff.com   30 Dec 2013

The foreign investment regulator cleared a decision on Vodafone Group Plc's $1.6 billion plan to take full ownership of its local unit.

RBI removes curbs on foreign investment in Axis Bank

RBI removes curbs on foreign investment in Axis Bank

Rediff.com   28 Dec 2013

it was done following the government's approval to increase foreign investment limit in the bank to 62 per cent from 49 per cent.

RBI poised to raise rates after inflation surges

RBI poised to raise rates after inflation surges

Rediff.com   16 Dec 2013

Policymakers have been grappling with high prices for food staples such as onions and potatoes even after the central bank raised interest rates by a quarter percentage point in each of its previous two reviews.

India waits for Iran to open oil payments route, says RBI

India waits for Iran to open oil payments route, says RBI

Rediff.com   13 Dec 2013

Iran can now unlock $4.2 billion of payments for its oil stuck with major clients including India, China, Japan and South Korea after it reached an interim deal with six world powers in November over its nuclear programme.

Rangarajan sees sharp fall in food prices in December

Rangarajan sees sharp fall in food prices in December

Rediff.com   13 Dec 2013

Data earlier on Thursday showed the annual consumer price inflation rose to a higher-than-expected 11.24 per cent in November from 10.17 per cent in October.

State oil firms now sourcing all dollars from market: RBI

State oil firms now sourcing all dollars from market: RBI

Rediff.com   2 Dec 2013

The RBI also asked the oil marketing companies to smoothen their daily dollar demand so that upcoming bunched up demand was covered in advance in forward markets or on days with low dollar demand.

State oil firms now sourcing all dollars from market: RBI

State oil firms now sourcing all dollars from market: RBI

Rediff.com   2 Dec 2013

The RBI also asked the oil marketing companies to smoothen their daily dollar demand so that upcoming bunched up demand was covered in advance in forward markets or on days with low dollar demand.

RBI chief urges 'deep breath' after market tumble

RBI chief urges 'deep breath' after market tumble

Rediff.com   13 Nov 2013

Most immediately, he pledged to move slowly if needed in winding down an oil window that provides dollars directly to state-run oil companies

Trai sticks to spectrum price-cut proposals

Trai sticks to spectrum price-cut proposals

Rediff.com   6 Nov 2013

The telecommunications regulator had recommended last month that the reserve price for spectrum in the 900 megahertz band in some key cities be cut by about 60 percent, and also suggested a 37 percent cut in the reserve price for spectrum in the 1800 megahertz band.