The aim is to reduce working expense by about 15 per cent.
Was Adani able to clinch this loan merely as a result of his proximity to Prime Minister Narendra Modi?
2015 is going to witness new agreements on climate change.
Subject to finance & tech from rich countries through an ambitious, fair Paris deal
"The Corporation has decided to offer a voluntary retirement scheme, with a view to enable employees who are not in a position to continue in service of the Corporation due to various personal reasons, to request for grant of voluntary retirement from the services of the Corporation," Bharat Petroleum Corp Ltd (BPCL) said in an internal notice to its employees.
What Shekhar Gupta would have really liked to know from Pranabda: Why did Sonia prefer Dr Singh to him as PM? Why did he deny finance first, why did he accept it 5 years later, and why did he make such a mess of it? How did he force Sonia to nominate him for President and not Hamid Ansari? And how does he justify that most toxic legacy -- the Vodafone tax amendment?
The Cabinet Committee on Economic Affairs has approved ONGC Videsh Ltd's proposal to invest $820 million for acquiring US energy giant ExxonMobil's interests in an oil field located off the Brazilian coast.
Anjuli Bhargava reports on how the Aam Aadmi Party is making quality education more inclusive and at no cost to parents.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
A key UN climate change summit that will be attended by nearly 150 world leaders including Prime Minister Narendra Modi kicks off on Monday under the shadow of the deadly Paris terror attack to try to craft a long-term deal to limit carbon emissions.
The advisory body had not met for the past three years.
Long before he launched Paytm, Vijay Shankar Sharma, a 32 year old from Aligarh, embarked on his ambitious entrepreneurial journey.
If China's behaviour in the past on ticklish issues is any indication then China could eventually support India's NSG application, says Rup Narayan Das.
Finance minister tries to put house in order before reforms are unveiled in February.
'We are in touch independently with leading players, and they are denying it as well.' 'The Indian digital footprint is rising, creating new opportunities.'
'I believe one of the most critical issues is the common threat we face from Islamist radicals and the continuing and unimpaired financing of Al Qaeda, the 'D' Company, the Haqqani network, the LeT and the Jaish-e-Muhammed.'
The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.
The 17 related ministries have been combined into seven different groups, including some infrastructure departments, in a bid to ensure synergy and better results.
Seeking to boost the strategic ties, India and the US finalised the text of the Logistics Exchange Memorandum of Agreement.
Modi held comprehensive talks with Singapore Prime Minister Lee Hsien Loong on ways to enhance cooperation in key sectors including trade and investment.
The new capital of Andhra Pradesh is expected to be in the Vijayawada-Guntur region.
India and France on Monday inked an Inter-Governmental Agreement on the sale of 36 French fighter jets, Rafale, but were unable to sign the final deal due to some "financial" aspects, which are expected to be sorted out in "couple of days".
Whether salaried or running your own business, it's about time to get your investment proofs in tax-saving instruments ready for filing your income tax returns later this year.
His 7-day long trip to the United States starts on June 17.
Congress president Rahul Gandhi on Sunday chaired his first meeting of the newly constituted Congress Working Committee two days after the no-confidence motion in Lok Sabha which the Opposition lost.
'We have been telling the government that we need handholding.' So, we sent a series of recommendations to the government, but nothing happened.' 'And the condition of industry became worse.'
PM promised a tax regime that is predictable and competitive
Government is expected to rely more on divestment proceeds to keep the fiscal deficit in check
They also voiced concerns over a double penalty being sought to be imposed on them for KG-D6 fields output not matching targets.
BJP hints at implementing Modi's model of minimum government maximum governance in Maharashtra
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
"We are committed to building a new India. We have to do this as early as possible," he said.
The judiciary has sent a strong message against crony capitalism.
Elaborating on America and India's scope of engagement, Kerry said he has seen first-hand the transformation in Indo-US relationship as well as the ups and downs in the relationship. Kerry says the world's oldest and largest democracy were "finally beginning to captalise on our connections to each other." Sheela Bhatt/Rediff.com reports after the media interaction with the US secretary of state.
The minister said the government is willing to hear from the industry.
Visiting Pakistan Prime Minister Nawaz Sharif on Monday met United States Secretary of State John Kerry and discussed a wide range of bilateral and regional issues, the state department said.
Official talks were held between Modi and Seikh Tamim for multi-sectoral partnership and strengthening of Indo-Qatar ties following which the agreements and Memorandums of Understanding were signed on the second day of the Prime Minister's visit.
The five persons were arrested by the Crime Branch.
Rediff poll: Can Mamata transform Kolkata into London?