New Delhi: GAIL (India), under a petroleum ministry directive, has decided to buy a third of the LNG ships it plans to acquire to ferry the fuel from the US to India, from Indian…
New Delhi: The government will come up with a new Bill to regulate the micro-finance institutions after consultation with states, finance…
The power sector is one of the biggest concerns in terms of potential non-performing loans of banks given the host of…
Hindustan Petroleum Corporation Limited (HPCL), a major stakeholder in the proposed refinery cum petrochemical complex at Pachpadra, may give in to…
BEIJING: In a sign of expanding military-to-military engagement between India and China, permanent representatives of the Indian Air Force (IAF) and…
New Delhi: The Union Cabinet on Thursday cleared a Bill to raise the foreign investment ceiling in private insurance companies from…
NEW DELHI: Power plants in India are not importing coal despite global prices of the fuel slumping to decade-low levels. Power…
New Delhi: The National Democratic Alliance (NDA) government plans to do away with the limit of one subsidized cooking gas cylinder…
BANGALORE: Indigenous military projects such as missiles have shown consistently shorter development cycles over the years thanks to deft planning and…
NEW DELHI: Rebutting the department of industrial policy and promotion’s (DIPP) contention that import surges due to bilateral free trade agreements…
Mumbai: The Reserve Bank of India (RBI) has raised the foreign institutional investors’ (FIIs’) sub-limit in government bonds by $5 billion,…
NEW DELHI: The subsidy burden for distribution utilities of 16 states is estimated at Rs 72,000 crore, 17% higher than the…
MUMBAI: The state-run oil marketing companies (OMCs) plan to revive branded petrol such as IndianOil’s XtraPremium and Bharat Petroleum’s Speed, backed…
When Finance Minister Arun Jaitley kept the FDI cap in defence at 49 per cent, he said: “Our assessment of the…
MUMBAI: The Reserve Bank of India has said that up to six banks will be designated as systemically important, or SIBs,…
NEW DELHI: Consumers of Tata’s ultra mega power project (UMPP) and Adani’s power plant at Mundra in Gujarat might not see…
NEW DELHI: The government plans to tweak the system of calculating fuel subsidies to make ONGC’s public offer more attractive for…
Russian-Indian international naval drills Indra-2014 ended in Russian far eastern city of Vladivostok. “Russian and Indian naval sailors fulfilled all tasks…
Venture capitalist Chamath Palihapitiya, the former Facebook VP of growth for mobile and international, has criticized Apple’s strategies, saying the company…
Let’s analyze what we should be careful about in the midst of the recent eBay hacking scandal. There are many lessons…
Apple’s blockbuster acquisition of Beats Electronics isn’t for technology. It’s for the talent. Apple reportedly wants music industry heavyweights Jimmy Iovine…
Islamic finance has been one of the fastest-growing sectors in global finance but the industry has yet to shake off perceptions…
|By TAP Staff|The much-awaited Dubai benchmark government sukuk is expected soon. The issue, which will have a life span of 15…
New York’s highest state court has ruled that a lawsuit by the Algosaibi family conglomerate, claiming that a Saudi billionaire who…
India’s Sun Pharmaceutical Industries Ltd said it will buy generic drug maker Ranbaxy Laboratories Ltd, which has hit regulatory snags in…
Pricing guidance for a $500 million sukuk issue by Dubai’s DAMAC Real Estate was tightened to the midswaps plus 325 basis…
Ahmad Hamad Algosaibi & Brothers Co. invited creditors including BNP Paribas SA (BNP) and Standard Chartered Plc to discuss claims on…
Dubai refinanced $20 billion at a quarter of the original cost, freeing cash to service liabilities and fund expansion plans. The…