Global oil prices fall to fresh lows in nearly six years

Oil prices fell 5 percent to its lowest in nearly six years yesterday, extending the second-deepest rout on record, after Goldman Sachs warned that prices will fall further and Gulf oil producers showed no sign of cutting output. An unusual spate of major refinery glitches across the U.S.East and Mi...

Air India slashes fares on domestic flight by up to 50%

National carrier Air India has slashed its fare on all its domestic flights nearly 50 percent to attract more passengers during the lean season. The new scheme by the state-run airline has rolled out for limited period, starting at Rs 1,557 across its domestic network. The sale is on from yesterday ...

Air India slashes fares on domestic flight by up to 50%

National carrier Air Indian has slashed its fare on all its domestic flights nearly 50 percent to attract more passengers during the lean season. The new scheme by the state-run airline has rolled out for limited period, starting at Rs 1,557 across its domestic network. The sale is on from yesterday...

India most favoured investment destination: Arun Jaitely

Union Finance Minister Arun Jaitely has said that India became most favoured investment destination following new initiatives by Government of India in program, policies and fast decision making. Addressing the Vibrant Gujarat Summit in Gandhinagar, he said that Government is implementing new progra...

Retail inflation up at 5% in Dec on higher food prices

Retail inflation moved up marginally to 5 percent in December, as prices of some food items, including fruits and vegetables increased. In November, retail inflation based on the Consumer Price Index was at 4.38 percent. In December 2013, retail inflation was at 9.87 percent. Food inflation rose to ...

Govt to sell stake in more than one PSU by March-end: Jaitley

Finance Minister Arun Jaitley today said, the divestment programme would be pursued on priority and involve more than one PSU during current fiscal. The comments follow media reports that the government is looking to sell 10 per cent stake in Coal India to raise Rs 24,000 crore. While terming the re...

Vibrant Gujarat country's principle economic summit: Arun Jaitley

World Bank projects 6.4% economic growth in India

World Bank President Jim Yong Kim said we are the first human generation which can eliminate extreme poverty and India should be the leader in eliminating poverty. Stating that he is looking forward to a Vibrant India along with Vibrant Gujarat, Mr. Kim said India's economy is expected to g...

World Bank President projects 6.4% economic growth in India this year

World Bank President Jim Yong Kim said we are the first human generation which can eliminate extreme poverty and India should be the leader in eliminating poverty. Stating that he is looking forward to a Vibrant India along with Vibrant Gujarat, Mr. Kim said India's economy is expected to g...

Consumer Interest Protection Authority to be established soon, says Paswan

A strong Consumer Interest Protection Authority will be established in the country to protect the interest of the consumers. This was disclosed by Union Minister for Consumer Affairs, Food and PDS Ram Vilas Paswan at Kochi in Kerala Friday night. He said, it would not be parallel to the existing con...