The over-recovery on diesel for such companies reached Rs 3.56 a litre for the first fortnight of October.
India will allow locally registered foreign firms to mine and sell coal when commercial mining is permitted as part of the opening up of the nationalised industry after four decades, Coal Secretary Anil Swarup told Reuters.
'The finance minister has messed up the economy.'
'We owe our existence to the men in uniform, and we owe it to them to cleanse the armed forces by driving away every bit of corruption that eats into it,' argues Sudhir Bisht.
The rate of price rise in vegetables stood at 15.15 per cent in August as against 16.88 per cent in the previous month.
Besides, auditors are required to mention in their reports whether the companies have made adequate disclosures about dealings in junked notes during demonetisation
Between fiscals 2009 and 2014, India's energy import bill surged at an average 14 per cent annually to $161 billion.
Being one of the early commentators to flag economic slowdown and caution investors on corporate earnings, Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction.
Imports of gold and silver in February 2013 stood at $5.24 billion. In January this year, they were $1.72 billion.
Woefully inadequate infrastructure is just one of the many reasons why a case is not settled within 180 days and even 270 days as envisaged by the law, says Tamal Bandyopadhyay.
This development can strengthen the case for interest rate cut by the RBI.
The government shouldn't hide behind the veil of making a domestic giant out of the HPC-ONGC deal, rather it should just say it needs cash from this divestment exercise, says Sudhir Bisht.
The Wholesale Price Index-based inflation was (-)4.54% in Sep.
Indian indices fell more than those of most other emerging markets.
This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
Inflation in food articles inched up to 0.69 per cent in September.
How Raipur's District Collector Om Prakash Choudhary ensures that poor children study at good schools.
On a day the United Progressive Alliance government was voted out of power, it committed a gaffe by withdrawing a railway tariff hike within hours of announcing it.
The industry has stepped up its demand for a rate cut
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The Indian rupee touched record low of 65.52/dollar on Thursday and is down 16 per cent so far this year despite efforts by policymakers to prop it up.
RBI unsure whether to cut rates or not in its next monetary policy.
Investors' confidence has been revived in recent weeks on the likelihood the elections will usher in a new government.
Should you buy the recently-launched Hero Splendor iSmart 110 for Rs 58,000? Narendra Sharma reviews the all-new 110cc Splendor iSmart.
RBI had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above.
The RBI has made serious attempts to improve fiscal deficit.
For August, CRISIL core inflation indicator stood at 3.6 per cent, a tad higher than RBI's measure.
The use of Section 7 is fraught with risks to the autonomy of the central bank, the credibility of the government and the smooth functioning of the financial markets, says A K Bhattacharya.
Fresh dollar demand from banks and importers amidst volatile equities triggered the fall
Big challenge to garner sizeable additional resources.
42 terrorists, 7 civilians and 15 security personnel have lost their lives since May 15.
These numbers show overall exposure and are not a reflection that all loans are going to be impacted.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
Finance Minister Arun Jaitley last month pointed to the high cost of capital for India's businesses as a key factor behind a manufacturing slowdown.
Fed seen holding rates steady as investor confidence shakes
While the government had in June approved a new formula for pricing of all domestically produced natural gas, the Cabinet yesterday allowed the same principles to also be applied to Reliance Industries' currently producing fields in KG-D6 block subject to certain conditions.
Food prices are also expected to move up due to the poor monsoons.
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
Retail inflation crossed the RBI's comfort level and rose to 5.21 per cent in December on increase in prices of food items.
Curfew-like restrictions have been imposed in the area, which is the headquarters of the Dera Sacha Sauda sect.
