Business

June 11, 2014 12:05 PM

Economists suggest wide-ranging tax reforms in pre-budget meet with FM

Finance Minister Arun Jaitley has said that his Government is committed to bringing the economy back on track. In his opening remarks during his Pre-Budget consultations with economists in New Delhi yesterday, Mr Jaitley said that economic growth cannot be compromised at any cost. Economists gave va...

June 11, 2014 11:51 AM

Russia, Ukraine resume EU-brokered talks on gas deliveries

Russia and Ukraine are resuming their European Union - brokered gas talks in Brussels today. The media reports say that an agreement could be reached despite the original deadline having already passed. The two sides disagree on the price for gas deliveries.

June 11, 2014 11:29 AM

WB revises down developing world growth to 4.8%

The World Bank has revised down its forecast for economic growth in the developing world this year, from 5.3 percent down to 4.8 percent. It would be the third consecutive year of growth below 5 percent for this group of countries. The Bank says that developing nations need to make economic reforms ...

June 11, 2014 9:33 AM

ARAI officials to conduct surprise checks at Maha RTOs

The Bombay High Court has ordered action against Regional Transport Office-RTO officials who did not follow the Central Motor Vehicles Rules when renewing fitness certificates of transport vehicles. While hearing a public interest litigation filed by Shrikant Karve, the court also asked the Automoti...

June 11, 2014 9:13 AM

American airliner to reward elite fliers who shell out more

Travellers who fly the most and pay the most will soon earn more miles on United Airlines' frequent-flier programme. The change will help elite members of United's loyalty programme those who fly at least 25,000 miles a year on the airline. It will be far less-rewarding for people ...

June 11, 2014 9:12 AM

Production targets likely to remain unchanged at OPEC meet

All is not well within OPEC as the oil cartel focuses on how much crude to pump for the rest of the year.Kurds in Iraq are defying the central government and selling their oil directly abroad. Nigeria is hurting due to shale oil production in the United States, its most important customer.While worr...

June 11, 2014 9:09 AM

Greens celebrate Chile decision to reject biggest energy project

In Chile, the government has rejected what would have been the biggest energy project in the country's history. The HidroAysen project would have seen five huge dams built on two rivers in a beautiful part of Patagonia. This project has many aspects that were poorly thought out, said Energy...

June 11, 2014 9:06 AM

Merkel announces support for Juncker as EC President

German Chancellor Angela Merkel has restated her support for Jean-Claude Juncker to take over as president of the European Commission, at a mini summit in Sweden. The chancellor said that while she was happy to say she wanted Mr Juncker for the top job, it was not the main topic of the two-day talks...

June 11, 2014 8:56 AM

US opens new commercial office in Ahmedabad

The United States says it is committed to promoting trade and investment ties with India as it opened a new commercial office in Ahmedabad. The US Consul General Peter Haas inaugurated a new commercial office in Ahmedabad yesterday, a step aimed at enhancing the presence of the American government i...

June 10, 2014 9:11 PM

Govt committed to bring economy back on track: FM Jaitley

Finance Minister Arun Jaitley has said that his Government is committed to bring the economy back on the track. In his opening remarks during his Pre-Budget Consultations with economists in New Delhi today the Mr Jaitley said that economic growth cannot be compromised at any cost. The Minister said ...

Most Read

View All arrow-right

No posts found.