Components manufactured in India are low-value products like casing and box packaging that constitute 5% of the bill for materials required in phone manufacturing.
On June 27, the Cabinet approved a new formula that uses weighted average of the price of LNG into India and average price at major gas hubs.
The BJP said it is legal with adequate safeguards and in the interest of national security..
Software giant Microsoft's move to end technical support for its longest running operating system (OS) Windows XP has marginally helped global PC sales which are declining, research firms IDC and Gartner said.
These simple changes can add a significant thrust to your overall money management over time.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower
In a pre-budget meeting with Finance Minister Arun Jaitley, the experts suggested timely implementation of the BJP's election manifesto promises to fix higher support prices. They also favoured a Kissan TV channel, an efficient procurement policy, priority for farm mechanisation and the linking of rivers.
The NIA has questioned around 20 associates of Naik, including his sister Nailah Naushad Noorani, in connection with its investigation, they said.
Vodafone Plc and its ex-shareholders have suffered due to the delay in an Initial Public Offer (IPO) of its Indian unit.
Let there be a rule that if the Budget is not passed and funds cannot be drawn from the Consolidated Fund of India, there will be a government shutdown as it happens in the United States, says A K Bhattacharya.
The UK voted to leave the European Union after 43 years.
'The failures of private businessmen have set back the process of market-oriented reform, though that is the only way forward,' argues T N Ninan.
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
Under Trump presidency one should expect much more cooperation between the US and India, said Indian-American Republican from Texas Ashok Mago.
The 30-share Sensex ended down 215 points at 27,011.
Whether it is protecting its turf in its core utility vehicle segment through new model launches, or stepping up investment in electric vehicles, the Anand Mahindra-led firm is leaving nothing to chance
Contract does not provide for retrospective penalty for 'such' acts
Recent polls indicate that Trump is trailing behind Democratic presidential nominee Hillary Clinton among non-White communities, in particularly among African-Americans, Asian-Americans and Latinos.
The curious thing is that savings instruments have not really kept pace with changing needs, although people have access to a wider variety than before.
The RBI has also been asked to consider displaying this information on its website.
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
Pooling will also kick-start projects of Reliance Power, Torrent, Lanco.
Beside flying squads from RTOs at different points on highways, challans are imposed without any reason. The situation is especially difficult in states like Uttar Pradesh, Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, and Andhra Pradesh.
Irrational behaviour, born out of incomplete understanding, biases, overconfidence, fear or greed, has led investors to make less than half of what they could have in the capital markets, says Erik Hon.
The new Chief Economic Advisor Krishnamurthy Subramanian believes that more than unemployment, it is the quality of employment which needs to be focused on. In an interview with Arup Roychoudhury and Indivjal Dhasmana, Subramanian said that controlling inflation was the Modi government's biggest achievement.
The German group has set aside 6.5 billion euros ($7.3 billion) to help cover the costs of the crisis and said that 11 million of its cars could be affected worldwide.
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
Mohandas Pai took part in an hour-long chat on rediff.com
'It is very clear that Air India cannot be managed by the government.' 'Air India should be run as a separate profit entity.'
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
Boost to dairy sector will generate jobs
Investors turn their attention to export-driven sectors.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
Women are opting out of high-flying career due to family responsibilities, says a study.
Japan Plus to facilitate and fast-track investment proposals.