Markets snapped their 8-day winning streak.
The government will decide in August whether to sell a 5 percent stake in ONGC, a senior oil ministry official said, in a deal that would be worth $2.9 billion at current market prices.
Few top honchos of India Inc did very well in 2014.
Under the India-South Korea Bipa, a party can drag the other to international arbitration if its investments are threatened.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
Even without a sanctioned government project for the Agni-6, it seems inevitable that the Agni-5, over the next few years, will organically evolve into an ICBM with improved technologies and capabilities.
India said its economy grew 7.3 percent in the October-December quarter.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
'Defaulters like Mallya can't be offloaded, but activists like me are. And that too for raising questions.' 'Today, what is the meaning of development?' 'Take over land, water and forest from the Adivasis and hand it over to corporates.' 'I am surprised how a minister who is supposed to protect the forests and the environment is happy reaching out to investors for more and more clearances.'
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
Arun Jaitley said he would put the DTC Bill in cold storage.
R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss.
In the last financial year, GDP growth was 7.3 per cent.
Pressure on the government increased with the Reserve Bank of India's surprise move on Thursday to cut interest rates
Financials were the top losers while oil shares also declined amid weak crude oil prices.
Rediff.com gives you a look at newbies in the Council of Ministers
According to a confidential government paper seen by Reuters, several states want to do away with obtaining landowners' consent altogether in some cases and to cut through red tape which they say holds up development.
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
Tax incentives to have cascading effect on the capital goods industry.
'We need to be in a perpetual state of aggression, and able to swiftly change the goal posts to keep Pakistan in a state of imbalance,' argues Sanjeev Nayyar.
The Prime Minister's Office has clarified that the total sanctioned strength of the PMO has been around 525 in the period 2011-14. As against this, the actual strength of the PMO in the years 2011, 2012 and 2013 was in the range of 407 to 411. The number has now declined to 385.
Here are some reactions from the world of sport on of widespread state-sponsored doping by Russian athletes at the 2014 Sochi Olympics.
Modi also said the people of India felt proud that President Xi has twice received him out of the capital.
Summary of sports events and persons who made news on Wednesday
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
During 2013-14, imports from Japan, South Korea and Malaysia stood at $9.49 billion, $12.47 billion and $9.21 billion respectively.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
The Supreme Court judgement will hopefully ensure that those in power and authority will hesitate before allotting precious natural resources that belong to each and every citizen of the country in an arbitrary and corrupt manner, says Paranjoy Guha Thakurta.
In recent past, midcap stocks have performed well, say experts.
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
Recent investigations into the telecom spectrum and coal scams have made bureaucrats very wary of taking decisions.
Any delay in passing the coal bill may cause a crisis in the coal sector which would also affect the power sector.
China's and India's nuclear doctrines mandate 'No First Use' of nuclear weapons, so use against each other seems unlikely.
One person was killed and eight others injured when a series of home-made bombs packed with ball bearings exploded in front of a provincial office of the ruling Chinese Communist Party, two days ahead of the party's key meeting to finalise political and economic reforms.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
A sovereign bond float continued to be among the range of options to address the current account deficit (CAD), Finance Minister P Chidambaram said on Tuesday, even as former Finance Minister Yashwant Sinha asked him to tell Parliament the Centre would not countenance that measure.
Managing expectations is a challenge for policymakers.
Naresh Chandra, former cabinet secretary, diplomat and well-known strategic thinker, tries to explain what the Modi government is up to and assesses what will work and what may not work and why. He spoke to Sheela Bhatt/Rediff.com, also, on diplomatic issues.
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