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December 29, 2015 5:37 PM
Secretary in the Department of Industrial Policy and Promotion, (DIPP) Amitabh Kant has said, FDI will grow by 40-45 per cent in 2016 in the country despite the global slowdown. Speaking to a News agency in New Delhi, Mr Kant said number of policy measures taken by the government this year would hel...
December 29, 2015 4:07 PM
Finance Minister Arun Jaitley today said early formalities for formation of National Investment and Infrastructure Fund, NIIF, initial appointment of advisers to the Fund, and registration with SEBI have been completed. He was interacting with the media after the first meeting of the governing counc...
December 29, 2015 11:42 AM
Oil Minister Dharmendra Pradhan had asked Indian Oil, BPCL and HPCL to get ready to set up the largest refining and petrochemicals complex in the public sector before 2017 end in costal Maharashtra. He was talking to reporters during an event to dedicate the fourth crude distillation unit of BPCL se...
December 29, 2015 7:07 AM
Asian stocks were subdued today, with Japanese and South Korean equities slipping, after crude oil prices resumed their slide and cooled investor sentiment. Japan's Nikkei lost 0.3 percent and South Korea's KOSPI fell 0.4 percent. Australian stocks bucked the trend and rose 0.4 per...
December 28, 2015 6:20 PM
Finance Minister Arun Jaitley has said, structural reforms including the Goods and Services Tax, GST, rationalising direct taxes and ease of doing business are among top priorities for the New Year. Talking to a news agency, Mr Jaitley said, the government has responded well to challenges posed by g...
December 28, 2015 5:45 PM
As the search continues for next chief of the markets regulator Sebi, the government has reconstituted the search-cum-selection panel which would now include a representative from the Prime Minister's Office.An official order said that members of the revamped panel will accordingly include ...
December 28, 2015 2:14 PM
The government has further relaxed rules for selling natural gas produced from small and isolated fields by waiving-off time stipulation for fields located in the North East India.The Oil Ministry had in July 2013 allowed pricing freedom for gas produced from small, isolated fields and given marketi...
December 28, 2015 1:04 PM
Oil prices fell in Asia today, giving up some of last week's sharp gains as concerns of a global supply glut weighed on prices ahead of fresh US stocks data. US benchmark West Texas Intermediate (WTI) for delivery in February was down 27 cents, at 37.83 dollars a barrel and Brent crude for ...
December 28, 2015 9:58 AM
Finance Minister Arun Jaitley has said, structural reforms including the Goods and Services Tax, GST, rationalising direct taxes and ease of doing business are among top priorities for the New Year. Talking to a news agency, Mr Jaitley said, the government has responded well to challenges posed by g...
December 26, 2015 8:06 PM
The Indian Patent Office has put in abeyance new guidelines on examination of computer-related inventions (CRIs) such as software programmes till discussions with stakeholders are completed and contentious issues are resolved.After the guidelines amending relevant provisions were out in August, seve...
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