Global crude oil prices fall to over 11-year low

Global crude oil prices fell to an over 11-year low, today. So Brent crude oil futures dropped 2 percent, to 36.05 dollars a barrel--its weakest since July 2004. The price of oil has halved over the past year. Plunging oil has shred the finances of oil producers such as Nigeria, which faces its wors...

Deploy advanced tech to fight pollution: NTPC

NTPC today said the challenge before the power sector is to deploy advanced technology with an objective to decrease carbon intensity and provide power at competitive rates.According to the company's release, addressing the 30th Indian Engineering Congress in Guwahati, NTPC CMD A K Jha said...

Govt to introduce bankruptcy bill in Parliament tomorrow

Government will introduce the bankruptcy bill in Parliament on Monday. Economic Affairs Secretary Shaktikanta Das informed this in his tweet on Sunday.The bill when enacted will improve ease of doing business in India. Shaktikanta Das further tweeted the legislation on Goods and Services Tax (GST) w...

42 mega food parks to be set up in country: Harsimrat

Union Food Processing Minister, Harsimrat Kaur Badal has said that 42 mega food parks worth Rs. 2,000 crore would be set up in the country.Addressing a function after inaugurating the Centre for Learning Resources Development at Behra village near Lalru in Mohali district she said out of these food ...

Government will introduce the bankruptcy bill in Parliament on Monday. Economic Affairs Secretary Shaktikanta Das informed this in his tweet on Sunday.The bill when enacted will improve ease of doing business in India. Shaktikanta Das further tweeted the legislation on Goods and Services Tax (GST) w...

BSNL slashes mobile rates by up to 80 % for new customers

To speed up customer acquisition, state-owned telecom firm BSNL has slashed mobile rates by up to 80 percent for the first two months under a scheme for new customers.The call rates have been reduced both per minute and per second billing plan, and will be valid only for the first two months of a cu...

Foreign funds pulled out over Rs. 2,600 cr from Indian capital markets

Foreign funds pulled out over Rs. 2,600 crore from Indian capital markets between December 14 & 18.Foreign funds sold off a net of over Rs. 554 crore from Indian equities during the week gone by.While they sold a net of Rs. 2,080 crore from domestic debt market, taking the total withdrwal du...

US Senate passes IMF reform in budget bill

US Senate has adopted long awaited reforms to give emerging economies a greater say in how the International Monetary Fund is managed. China's voting rights will rise to 6 per cent from 3.8 per cent and IMF resources will double to about 660 billion dollars. This is the biggest shake up sin...

US Senate passes IMF reform in budget bill

US Senate has adopted long awaited reforms to give emerging economies a greater say in how the International Monetary Fund is managed. China's voting rights will rise to 6 per cent from 3.8 per cent and IMF resources will double to about 660 billion dollars. This is the biggest shake up sin...

RBI launches quarterly 'Inflation Expectations Survey of Households' for December 2015<br/>

Reserve Bank of India, RBI, has launched the quarterly &apos;Inflation Expectations Survey of Households&apos; for December 2015. Making the announcement Friday, the RBI said that results of the survey will provide useful inputs to policy formulation. The RBI has been regularly conducting th...