Metro projects usually require additional funding by promoters, which RInfra refuses to in this case.
The Appointments Committee of the Cabinet approved appointment of Sarraf, who at present is Managing Director of ONGC's overseas arm, ONGC Videsh Ltd.
Enactment of Insolvency and Bankruptcy Code has been instrumental in pushing up India's ranking in the 'Doing Business' report
Budget has laid emphasis on enhancing expenditure in farm & rural, and social sector including healthcare, education, skill development, job creation and infrastructure
Creating many more half-decent jobs for the 10 million plus new entrants to the labour force each year must surely constitute the primary development challenge for India today.
United States Secretary of State John Kerry, heading a high-powered delegation of his cabinet colleagues and top military commanders, today left for India as part of his 10-day seven nation Asia trip.
India and the United Kingdom on Thursday announced deals worth 9 billion Pound (Rs 90,550 crore) as they signed a civilian nuclear pact and decided to collaborate in the field of defence and cyber security besides launching a railway rupee bond in London.
Budget in the medium term aims to kick-start the investment cycle.
But he is actively pursuing greenfield steel plants in Karnataka and Jharkhand; ultimately, only one of these might come up.
If crude prices have increased, retail petro product prices should go up.
'Making the railways better is a different type of a challenge.'
US President Barack Obama said there is natural convergence between India and the United States.
The CPEC poses a clear and imminent danger to Indian security interests, says Kulbir Krishan.
The report said South Asia is expected to be the fastest-growing region.
PSUs will get direct allotment.
Indian Prime Minister Narendra Modi who envisioned Make In India last September was at his eloquent best as he made a fervent plea to global businesses to come Make In India.
While good news from several quarters has been trickling in, El Nino might be a dampener, says T N Ninan.
This is the fifth time that Nitish will be the chief minister of Bihar and this will be his third consecutive term.
Narendra Modi's engagement at the upcoming BRICS Summit in Brazil will be keenly watched as the prime minister will interact with some of the world's most powerful leaders. The summit to be held in Fortaleza will also see the launch of the significant BRICS bank whose idea was mooted by India. Rediff.com's Sheela Bhatt gives a lowdown on Modi's first major international rendezvous.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
