A revival in investment is likely to be a key near-term initiative.
Spanish bank denies credit line to bail Sahara boss.
The government has provided a long-term vision.
Budget has laid emphasis on enhancing expenditure in farm & rural, and social sector including healthcare, education, skill development, job creation and infrastructure
In more trouble for Finnish mobile firm Nokia, whose immovable assets were attached in an alleged tax evasion case recently, the Income Tax department is set to issue fresh demand notices for payment of taxes to the tune of Rs 1,000 crore (Rs 10 billion).
News of all that's transpired on and off the football field
'There is gradual rise in the number of nations viewing Pakistan as the nursery of global terror.'
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The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
'It is my duty to give the govt the right price of crude oil.'
The Supreme Court on Monday gave conglomerate Sahara another three months to come up with a final proposal to raise funds against its assets to secure bail for its founder Subrata Roy, who has been held in a New Delhi jail for more than a year. Sahara has made several failed attempts to raise $1.6 billion in bail money. Roy was jailed after Sahara failed to comply with a court order to refund billions of dollars to investors in a bond programme that was ruled illegal. The Supreme Court last week gave Sahara, a sprawling conglomerate that ranges from property to Formula One motor racing, a final chance to raise funds in order to bail out Roy. On Monday, the country's top court allowed Sahara to sell part of its Aamby Valley township outside Mumbai, which has luxury villas and a golf course, to raise funds.
India has so far set up three projects - Tala, Chukha and Kurichu - in Bhutan under the Inter-governmental Agreement model.
Dabhol power plant is a lesson on what to avoid while setting up large infrastructure projects.
If you're in the market for a new home, now may be the perfect time to make your purchase. But, before making an investment for lifetime, there are many factors that come into play and much to be considered.
The judiciary has started going beyond the technicalities of the agreements and awarding compensation to buyers.
News of all that's transpired on and off the football field
Budget is a populist one, wil lbeneift common people
A strong showing will be vital to Narendra Modi's chances of a second term.
We have brought about a slew of reforms that would help improve governance and also facilitate industrial growth, Rajasthan Chief Minister Vasundhara Raje tells Sahil Makkar.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 27,403 and 8,248 respectively.
Infra sector is neglected by the Modi govt.
If the government delivers its election promises, then activity in the industry should increase.
Finance Minister Arun Jaitley presented the Union Budget.
Fifteen months after taking power, Modi's credibility as an economic manager is on the line.
Prime Minister Nawaz Sharif sees his victory in Pakistan's election as a mandate for peace with India, saying an arms race between the two countries must end and they should settle their dispute over Kashmir.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Sensex, Nifty end the day in red on unfavourable cues from global markets.
'Workers and employers should be ready for a change demanded by the new dynamism of the economy'
The Bill comes at a time when prospective home buyers are avoiding under-construction projects, almost everywhere in the country, thereby drying up sources of interest-free funds for debt-ridden developer firms
Senior Executive Director & Co Head (Strategy) of Kotak Institutional Equities Sanjiv Prasad tells Prasanna D Zore/Rediff.com that even if there are a number of challenges facing the Indian equity markets, there are certain sectors that offer a ray of hope.
Jaitley said the Congress leaders created a 'Chakravyuh' for themselves through a series of financial transactions where tax-exempt income of a political party was transferred to a real estate company.
Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.
'On the tax front, most of the Budget proposals are sensible'.
Jaitley has managed the difficult feat of sticking to the fiscal correction.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
Remember to take important documents like no dues certificate.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
Here's a collection of images of the past week.
An array of Olympians and stars of sports niche and new arrive in the South Korean city of Incheon for the 17th Asian Games this month, bringing together some 10,000 athletes for a 16-day multi-sport spectacular second only in scale to the Summer Olympics.
According to the draft, in the northeastern states the threshold is at Rs 500,000.
