Zama, however, said the unions would keep resisting any move that could undermine the position of Coal India.
Both countries have been working on administrative assistance.
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Raghuram Rajan, who took over as RBI Governor on September 4, is scheduled to unveil on Friday mid-quarter monetary policy review, an event keenly awaited by industry and banks.
Stars from the south Indian movie industry have stepped up to do what they can to help out.
While 100 per cent FDI is allowed in single-brand retail, if the foreign investment exceeds 51 per cent, the 30 per cent mandatory local sourcing norm kicks in.
India's aviation safety ranking was on Wednesday upgraded to Category-I.
China said on Monday the bilateral trade between the communist nation and India would touch $20 billion in the current year. \n\n
There's a need to train 40,000 pilots over the next year-and-a-half.
Under MRA, Japan is to recognise Indian medical degrees and treat the country's doctors and other medical personnel on par with its own.
Imports too tumbled by 58.65 per cent to $17.12 billion in April from $41.4 billion in the same month last year, according to the data by the commerce and industry ministry.
Concern would kick in if imports stay at or over 100 tonnes a month.
A visiting Bangladeshi industry leader suggested on Friday that India would do well by allowing the entry of duty free products from its eastern neighbour and in return purchase natural gas from his country.
Australian Prime Minister Kevin Rudd on Thursday said his government is committed to taking every 'physically possible' step to ensure that all international students in his country remain safe. "The Australian government is committed to doing all that is physically possible to ensure that all international students in Australia have safe and rewarding experience," he said.Indian students have been the target of frequent racial attacks in Australia.
IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.
Tech Mahindra was the top laggard in the Sensex pack, cracking over 5 per cent, followed by Infosys, HDFC, IndusInd Bank, Reliance Industries and NTPC. On the other hand, Hero MotoCorp, L&T, Maruti, UltraTech Cement and Sun Pharma led the gainers' chart.
Reserve Bank of India and State Bank of Pakistan are working on modalities for opening branches of each other's banks in both the countries.
New proposals like booking of retailers selling loose cigarettes and 7 years of imprisonment, are unacceptable, traders argued.
He was the mastermind in laying many an ambush, triggering bomb blasts and other subversive activities.
The second-quarter GDP numbers are scheduled to be announced on Friday.
The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.
Kotak Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by ICICI Bank, PowerGrid, HDFC, IndusInd Bank and Axis Bank. NSE Nifty declined 45.75 points to 16,568.85.
Giving a relief to exporters community, the government on Thursday said it will release Rs 56,027 crore to exporters against pending tax refunds under different incentive schemes for outbound shipments. The amount will be disbursed to more than 45,000 exporters. Briefing the media about the decision, Commerce and Industry Minister Piyush Goyal said that the Rs 56,027 crore, which is being released under various export promotion schemes, is over and above duty remission of Rs 12,454 crore for the Remission of Duties and Taxes on Export Products (RoDTEP) Scheme and Rs 6,946 crore for Rebate of State and Central Levies and Taxes (RoSCTL) Scheme already announced.
Dealers say that the full-year outlook remains negative with a projected contraction in retail sales of 15-35 per cent across segments, save tractors, which look set to clock a positive annual growth.
India must carry on structural reforms, the finance minister said.
In the second major change in a year, Trai had capped individual channel subscription at Rs 12 per month, down from the earlier Rs 19, and capped channel bundle discount to 33 per cent, among other moves.
Industry chamber Federation of Indian Chambers of Commerce and Industry said the Reserve Bank of India should intervene and cut interest rates.
For months, offline retailers and traders have been lobbying hard for a national retail policy to protect their business from the growing influx of e-commerce.
In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
The flexi staff workforce at present in the country has increased to 2.1 million from 1.7 million in 2015.
'Today, there is no easy money to be made after the run-up in equities.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Germany has assured India that it will take steps to reverse the trend of its declining investments in the country where there were opportunities for investment in areas like renewable energy and infrastructure such as national highways.
India battles big pharma over cough syrup abuse, reducing supplies
India can become one of the world's automotive export hubs of the 21st century.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Car deliveries during the nine-day period saw sharp year-on-year (double-digit increase for most automobile companies.
As the Centre pushes reforms in the power sector, especially for the beleaguered electricity distribution segment, several states, especially those ruled by Opposition parties, are clamouring against it. Maharashtra, West Bengal, Tamil Nadu, and Kerela have voiced their reservations against the proposed amendments to the Electricity Act, 2003. The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply. The proposed Bill was slated to be placed on the floor of Parliament in the Monsoon session. But it still awaits Cabinet approval amid several states complaining that they have been not consulted on the issue.
74% of users play fantasy sports 1-3 times a week, with the majority playing once a week and 20% of the respondents reported playing more than five times a week, says a report on the online gaming industry in India.
