Common approach must at UN & OECD by BRICS for protecting tax base:Pranab

Oil mixed in Asian trade

Oil was mixed in Asian trade today. New York's main contract crude for delivery in May, was up 21 cents to 102.48 dollar per barrel while Brent North Sea crude for June shed five cents to 117.95 dollar in morning trade.

Sensex trading in negative territory at 17,644pts; Rupee up 7p against $

The Sensex at the Bombay Stock Exchange fell 20 points, or 0.1 percent, to 17,484 in morning trade, today, on mild profit- booking by investors, amid weak global bourses. Later, the Sensex remained slightly weak, and stood 40 points, or 0.2 percent in negative territory, at 17,464 in afternoon trade...

Govt approves FDI proposals worth Rs586cr

The government has approved 22 Foreign Direct Investment, FDI, Proposals amounting to over 586 Crore rupees. The proposals have been approved on the recommendations of Foreign Investment Promotion Board. According to an official release issued in New Delhi today, these include proposals from Electro...

45 airports to offer AI's travel upgrade scheme for economy class passengers

State-owned Air India has extended its offer of upgraded travel in executive class on its domestic network to 45 airports. Earlier the offer was available only in 17 airports.A press release of Air India in Mumbai said the offer is open to all passengers holding economy class tickets including APEX ...

Ailing aviation industry can raise funds through ECBs: Fin Min

In a move to help the ailing aviation sector of its immediate financing concerns, the Government has allowed aviation sector to raise one billion dollars to manage its working capital through External Commercial Borrowing, ECB route.However, the limit for individual companies has been fixed at 300 m...

Ailing aviation industry can raise funds through ECBs: Fin Min

In a move to help the ailing aviation sector of its immediate financing concerns, the Government has allowed aviation sector to raise one billion dollars to manage its working capital through External Commercial Borrowing, ECB route.However, the limit for individual companies has been fixed at 300 m...

Sensex in the red; trading down 23 at 17,480pts

Indian equities were ruling in the red intra-day today after a key index opened lower, after rising more than 400 points this week.The Sensex) at the Bombay Stock Exchange opened at 17,459.72 points, against the previous close at 17,503.71 points. After moving to an intra-day high of 17,507.90 point...

Brazil demands more power for emerging ecys as condition for lending to IMF

The International Monetary Fund has hit a roadblock as it seeks to double its resources, with Brazil demanding more power for emerging economies as a condition for lending extra cash. IMF Chief, Christine Lagarde, wants the Fund's power boosted to 800 billion US dollars. As the IMF and Worl...

45 airports to offer AI's travel upgrade scheme for economy class passengers

State-owned Air India has extended its offer of upgraded travel in executive class on its domestic network to 45 airports. Earlier the offer was available only in 17 airports.A press release of Airindia in Mumbai said the offer is open to all passengers holding economy class tickets including APEX f...