Indian cotton and paddy could see their competitiveness in international markets take a hit
India has been opposing the pact as ITA will only benefit the country when its domestic manufacturing is robust.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
'Indians are great savers, but they are lousy investors.'
Oil firms' borrowings could fall by up to Rs 15,000 cr, govt's subsidy bill by 12% .
Tamal Bandyopadhyay details HDFC Bank's digital journey.
No effect on ongoing projects, says company.
Despite the recent Western criticism on Bangladesh's labour standards, India has a long way to go before it overtakes the neighbour in global exports.
What will be the impact on the Euro itself? Will it devalue and to what extent?
Pranav Adani has come a long way since 1999, when he first got actively involved with the Adani Group's businesses, run by his uncle, Gautam Adani.
The target announced is 13.6 per cent higher than that set last year and 145.4 per cent higher than the revised target for 2013-14.
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
'Most importantly, marking a departure from the past, the RBI has made it clear that it is not overtly worried about the level of the local currency,' notes Tamal Bandyopadhyay.
In a filing to the Bombay Stock Exchange (BSE), USL said it had made a recommendation to the board of subsidiary United Spirits to consider the sale of the entire share capital of Whyte & Mackay.
While the two high-profile exits in pharmaceutical and telecom have raised concerns over regulatory hassles in the country, Japanese investors are still keen to tap into India's consumer growth story and many more merger and acquisition deals are in the offing in this space.
After National Spot Exchange Ltd (NSEL) this week suspended trading in forward contracts, the Forward Markets Commission (FMC), the commodities market regulator, on Friday sought to allay fears over the exchange defaulting on open contracts.
Federal authorities in the United States have seized two valuable artefacts stolen from India valued at about $450,000 (Rs 3 crore) from the premier auction house Christie's, just days before a scheduled auction of the items as part of planned festivities to celebrate Asia week.
China's malfunctioning stock markets remained semi-frozen.
Sale at acquisition price may have been prompted by slow coal traffic and fall in prices.
Negotiations on with three brokers holding 5% of about Rs 5,500-crore (Rs 55 billion) overall dues
If nothing is done, the country is set to become 83 per cent energy-import-dependent by 2040.
With a plunge in steel prices, ship owners are getting about $3.6 million less for the 25,000 tonnes of recoverable metal.
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
'Mallya has offered to pay the original amount.' 'Let us say he means the principal amount and that stands at Rs 5,000 crores.' 'The Indian banks have to ask themselves if they would rather have this 5,000 crores or would have none of it at all,' asks Sudhir Bisht.
Though they have more than one legal option to recover dues, till NSEL has funds, little can be done.
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
However, independent economists are not as gung-ho as the finance ministry over the likelihood of deficit target being met this time around, says Indivjal Dhasmana.
On October 16, Nestl received the go-ahead to resume manufacturing Maggi.
If at all it was some great strategy, the delay has only helped the person they eventually arrested.
Modi said Nepal and India can benefit if they cooperate and work together for the promotion of five Ts: Tradition, Trade, Tourism, Technology and Transport.
'If the Indian economy formalises, industrialises, urbanises and develops human capital, 10 lakh youngsters will join the labour force every month in the next 10 years.' 'It's not a bulb that will go off; it is a sunrise.'
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
Ebay will cut around 2,400 jobs this quarter in a bid to improve business efficiencies.
Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.
Pushpal Shinde now earns some Rs 50,000 a month.
Buy these stocks on any correction as both the companies have strong long-term prospects
If Wednesday was any indication, the rest of the Parliament session will see the two sides scoring brownie points against each other, and the Gandhis can expect more enemy fire directed at them, says Rashme Sehgal.
The company will wait for sizeable user base for better valuation.
Existing units stay operational; those approved may not be notified, land could be used for other purposes
The prejudices the Chinese carry with them mean they are not natural global managers.
