The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
RBI wants periodic revision of the pensions for its retired employees.
India may soon see a new set of oil barons with lesser-known companies venturing into crude oil and natural gas production. These new kids on the block have come up through a mix of entrepreneurial grit and backing from oil industry veterans. Nippon Power, South Asia Consultancy, PFH (Poddar Family Holdings) Resources and Chennai-based Adbhoot Estates could be the first ones to start production from blocks awarded during the first round of Discovered Small Field (DSF-1) auctions. Adbhoot is in a 50:50 joint venture with the Bombay Stock Exchange-listed Hindustan Oil Exploration Company that has some five oil producing assets and over 10 blocks across the country.
Only three or four tonnes is estimated to have been mobilised under the scheme.
A Delhi court Wednesday issued summons to former Union minister P Chidambaram and his son Karti in the INX Media money-laundering case on taking cognisance of the charge sheet filed by the Enforcement Directorate (ED) against them.
For the second straight year, the gems and jewellery industry is set for almost a washout of business on Akshaya Tritiya as only about 10 per cent of pre-Covid sales of 2019 are expected on Friday amid the raging pandemic sapping footfalls and purchasing power of people.
Two non-government organisations run by social activist Teesta Setalvad and her husband have been served notice by the home ministry for alleged violations of the Foreign Contribution Regulation Act and asked to reply within 15 days.
'The government wants foreign companies to capture the insurance market.'
My captain no more, but will always be with me, says Sunil Gavaskar
In the third of a four-part series, Business Standard reporter travels to Nashik to assess how the currency press there is responding to demonetisation.
India may not be prepared to meet US demands, say experts
'We are allowing FDI on the terms of the investors, multinationals.' 'We bow down to whatever they say.' 'When they say you open this sector, we open that sector.'
If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.
India will look to play a key role in the APEC, EU and Africa regions to increase its competitiveness.
Inarguably the biggest gainer in the Grand Alliance, the CPI-ML, often working in the margins of mainstream politics, had 19 candidates in the fray, most of them students and youth leaders.
The Centre has, however, retained its proposal to curb flash strikes as workers in all factories will be required to give employers a strike notice of at least two weeks after the Bill becomes a law.
Cottage industries across India have suffered heavily because of the note ban. In the second of a six-part series, Sanjay Jog travels to Bhiwandi to examine how the power loom industry here is coping five weeks on.
The specifics will also cover what's fit and proper to be a chest manager; the insurance and re-insurance aspects; and the new capital threshold, which is Rs 100 crore now.
Budget in the medium term aims to kick-start the investment cycle.
Economist Dale W Jorgenson declares that India is doing "very, very well" and forecasts that India might continue to outrun world economies, including China over the next many years.
Uncertainties like the bankruptcies bill, rising non-performing accounts at banks and political uncertainty are expected to drive gold demand higher in India.
Pak had realised in 2018 that Hurriyat Conference, the separatist conglomerate created by Inter-Services Intelligence, won't be able to deliver any more
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
Pakistan's foreign minister Shah Mahmood Qureshi tweeted, 'Prime Minister Imran Khan will break ground at Kartarpura facilities on 28 November.'
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
The board will have to take a decision that he cannot remain a permanent director and also have to decide to whether to amend the article of association of the exchange in this regard.
Mundra fills the vacancy created by the retirement of KC Chakrabarty in April, two months before his five-year tenure was come to an end.
Industry says though most pending issues have been deliberated upon by Tourism ministry, they are yet to be implemented
he hike in service tax rate from 12.5 per cent to 14 per cent will increase the costs of buying
Jaitley said note ban has compelled people to deposit money into bank accounts.
While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.
The interface allows you to add multiple banks and transfer money, even between payment wallets, for a fraction of existing costs
The ministry further stated that it was advisable to receive a complete schedule of the anti-coronavirus vaccine irrespective of past history of infection with COVID-19 as this will help in developing a strong immune response against the disease.
Cottage industries across India have suffered heavily because of the note ban. In the second of a six-part series, Sanjay Jog travels to Bhiwandi to examine how the power loom industry here is coping five weeks on.
Bharti Airtel , RCom and Tata Communications ended down between 0.1-1%.
The traffic tells a story. During the lockdown, it took 45 minutes to zip through the deserted 35-km stretch from Chennai to reach the automobile heart of Sriperumbudur-Oragadam, where the big names of the car industry - Hyundai Motor India, Renault-Nissan India, Daimler India Commercial Vehicles, Apollo Tyres, and Royal Enfield - are based.
