MUMBAI: The Reserve Bank has relaxed norms for refinancing of infrastructure loans which banks want to be tagged as standard assets. From April 2015, the moment a loan is restructured, banks will have to…
New Delhi: Global defence equipment majors such as BAE Systems and Lockheed Martin could set up manufacturing units in India and…
NEW DELHI: Through a quick series of notifications, the Union environment ministry has eased rules for mining, roads, power and irrigation…
NEW DELHI: The government will bring a Bill, amending the Central Electricity Act, in winter session of Parliament to improve the…
MUMBAI: The Adani Group and Indian Oil Corporation are in talks to build a Rs 30,000-crore joint venture refinery at Mundra,…
NEW DELHI: The Obama administration will push for the stalled mega deals for M-777 ultra-light howitzers and Javelin anti-tank guided missiles…
The finance ministry is likely to put out a note soon, detailing its road map to capitalise state-run lenders while explicitly…
NEW DELHI: The central government’s worries on the Insurance Bill aggravated on Tuesday with Congress accusing it of adopting double standards…
NEW DELHI: The power ministry plans to create a fund to provide long-term finances to hydropower developers, and aims to play…
JAIPUR: The Rajasthan government while censuring previous Congress government for ignoring state’s interests while signing memorandum of understanding (MoU) with Hindustan…
NEW DELHI: The government is working on developing a bankruptcy framework to offer easier exit routes to sick companies while helping…
New Delhi: Finance Minister Arun Jaitley on Monday said the government was open to accommodating minor modifications to the Insurance Laws…
NEW DELHI: In a move aimed at ensuring India’s energy security, the Narendra Modi-led government plans to import huge volumes of…
The government is proposing a major overhaul of its foreign direct investment (FDI) policy as part of the Narendra Modi-led administration’s…
NEW DELHI: The Centre is looking to move amendments to the Atomic Energy Act, 1962 to enable the licensing of three…
NEW DELHI: Stung by Reliance Industries’ alleged bid to “influence” the foreign third arbitrator appointed by the Supreme Court in the…
NEW DELHI: The government is formulating a policy package aimed at infusing life into 26,489 MW of gas-starved power plants. The…
New Delhi: The government is likely to start selling its stake in public sector banks (PSBs) in November. It is also…
NEW DELHI: A visiting US team has told Indian negotiators it would link pacts on the power sector to the agreement…
NEW DELHI: Petrol became cheaper by Rs 1.09 per litre in Delhi from Friday after state oil companies slashed the price…
NEW DELHI: Outgoing Army chief General Bikram Singh on Thursday said that India has given a befitting reply to Pakistan after…
NEW DELHI: Under fire for sitting on foreign investment proposals for singlebrand retailing, the department of industrial policy and promotion has…
NEW DELHI: Gautam Adani plans to acquire power plants with a total capacity of 5,000 mw, but he will avoid aggressive…
Mumbai: State-run Hindustan Petroleum Corporation Limited may go solo on its plans to build its second underground liquefied petroleum gas (LPG)…
Bangalore: Electronics production in the country’s Defence sector touched Rs. 13,800 crore during 2013-14 and is expected to grow over 15…
MUMBAI: India’s banking sector may be getting ready for a wave of consolidation as the country tries to build institutions of…
New Delhi: Finance minister Arun Jaitley will address the board of the Reserve Bank on August 9 amid expectations that the…
NEW DELHI: In a big push to 31,000-MW of electricity generation plants stranded without fuel, the power ministry has proposed a…