Kotak Mahindra Bank has decided to buy a 15 per cent stake in Multi Commodity Exchange (MCX) for Rs 459 crore from Financial Technologies India (FTIL).
Three weeks after taking over, Prime Minister Narendra Modi will travel to Bhutan on Sunday on his first foreign visit to demonstrate the "special token of friendship" for the country.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
The government should now focus on governance and monitoring the supply side to manage inflation, says M V Subramanian.
China tops the list with 3.5 million, followed by Brazil with 918,000.
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'Mining jobs get created in the most backward districts of India's poorest states,' says Anil Agarwal.
Based on a writ petition filed by some individual investors, the High Court while ordering the status quo on Friday, issued notices to SEBI, BSE, NSE, Sun Pharma, Ranbaxy, Daichii Sankyo and Silver Street Developers.
The time is nigh for India to ensure that investment by its former citizens is encouraged by protecting their rights, says C B Patel.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Poor land-use planning, indiscriminate approvals of building plans and the absence of disaster-risk assessment in urban design have resulted in what experts term concentrated concretization, predisposing cities to disaster risks
The really disturbing numbers relate to inequality.
There are a couple of proposals, however, whose goals are not easily achievable.
The estimates of national income and growth do not pass the 'smell test'.
Big ticket defence deals including purchase of missile systems, frigates and joint production of helicopters were sealed on Saturday.
The obvious temptation for Mr Jaitley would be to achieve a better fiscal deficit figure than what he had promised in July.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
FY16 saw the highest number of new product launches in a year from Maruti
South and South-West Asia could witness an economic growth of 5.3 per cent in 2015, which will be a four-year high.
The Modi government's array of economic policy has been impressive.
Summary of sports events and persons who made news on Tuesday
He was getting fruits, but no implement to cut them with. He told the judge, sadly: "I have tried and it is very difficult, your honour." His statement quickly brought up the imagery of Peter trying to cut a pineapple with his teeth or a papaya with a pen or a toothbrush.
Accusing the United Progressive Alliance government of "heaping hardships on people," Tamil Nadu Chief Minister J Jayalalithaa flayed its "knee-jerk" reaction of increasing Foreign Direct Investment cap in different sectors and warned that its "insensitivity" towards people will take its toll soon.
Vodafone, according to sources, in its response to the Finance Ministry's offer for conciliation, had expressed keenness to settle the long-pending capital gains tax dispute.
The 'Make in India' concept in the defence sector has the potential to help India meet 70 per cent of its defence needs in a few years.
While its widely being publicised that Environment Minister Jayanthi Natarajan resigned from the council of ministers to work for the Congress party ahead of the crucial Lok Sabha polls, political observers point out that 'growing unhappiness' over her performance during her ministership could have possibly led to the move. Renu Mittal reports.
The next general election is more than three years away. Yet, the Centre appears to be reluctant to take any bold move that might annoy influential sections of the electorate.
Vodafone's long-pending tax dispute with the government might be heading for a resolution, with the finance ministry considering changing the Income-Tax Act's retrospective amendment and taxing indirect transfer of assets prospectively from 2012, the year the law was clarified.
The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
Here are 15 things that would have made 2015 a great year.
The plan includes close to 6,000-Mw capacity to be set up by NTPC alone.
Adani Enterprises plans to invest a total of $25 billion in the next five years.
For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.
In a case smacking of religious discrimination, a young MBA graduate was denied employment in a diamond export company in Mumbai for being a Muslim, prompting the police to register a case after the issue drew widespread condemnation.
India is also likely to push for a Free Trade Agreement with the Eurasian Economic Zone and is sharing details of the study it conducted in this regard.
The World Bank said improved infrastructure, specifically rural electrification, has had far-ranging effects
The safety net for passengers is focused solely on the terms and conditions for the radio taxi scheme issued by the transport department.
Chief Justice of India J S Khehar on Saturday criticised the electoral politics in the country, saying poll promises are "routinely unfulfilled", caste issues projected differently to get a majority and party manifestos do not have any linkage to socio-economic justice.
Trinamool congress MP and Gardiner Professor of History at Harvard University Sugata Bose tells Kavita Chowdhury that there is a sense of fear and insecurity among our minorities.
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