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All foreign bank accounts will be assessed by March 2015 AG

All foreign bank accounts will be assessed by March 2015: AG

NEW DELHI: With the Centre submitting a list of 627 account holders in foreign banks to Supreme Court in the black money case, Attorney General Mukul Rohatgi today said that… Read more »

US prosecutor recognised for probing case against Infosys

US prosecutor recognized for probing case against Infosys

WASHINGTON: A US prosecutor who successfully investigated a precedent-setting work visa fraud case against Infosys, resulting in the Indian IT giant paying a whopping USD 34 million in fine, has… Read more »

The Automation Rate of Body Shop at the newly inaugurated Jaguar Land Rover plant in China’s Changshu town

Tatas launch Land Rover factory in China

CHANGSHU, China: Tata’s Jaguar Land Rover rolled out its premium Range Rover Evoque at colorful ceremony here formally inaugurating its over USD 1.7 billion factory where it is set to… Read more »

Blackmoney Cong dares Jaitley to come out with full info

Black money: Cong dares Jaitley to come out with full info

NEW DELHI: Congress today launched a blistering attack on Finance Minister Arun Jaitley over his remarks that disclosure of names of those holding illicit foreign accounts will embarrass the Opposition… Read more »

Satya Nadella

Satya Nadella gets USD 84 mn compensation in 2014

NEW YORK: Microsoft CEO Satya Nadella earned USD 84.3 million this year, according to the salary details coming days after the India-born chief executive was criticized for suggesting that women… Read more »

'Gas pricing will ensure profit, not windfall profit'

‘Gas pricing will ensure profit, not windfall profit’

NEW DELHI: Days after approving lower than demanded gas price increase, Finance Minister Arun Jaitley has said the USD 5.61 per mmBtu rate will ensure explorers make profit but not… Read more »

Swiss agrees to provide details of black money: Jaitley  

NEW DELHI: Finance Minister Arun Jaitley today claimed a breakthrough saying the Swiss government has agreed to share information on Indians stashing illicit money there in certain cases, but blamed… Read more »

India forex reserves up USD 1.309 bn to USD 312.737 bn

MUMBAI: After falling for five straight weeks, the country’s reserves rose by whopping USD 1.309 billion to USD 312.737 billion in the week to October 10, on account of rise… Read more »

India must simplify rules for expat investorsLord Paul

India must simplify rules for expat investors: Lord Paul

LONDON: India needs to simplify its rules to make the expat community feel welcome in their homeland and encourage them to invest in the country to help shape its future,… Read more »

Mayaram transferred from Finance Ministry, made Tourism secy

Mayaram transferred from Finance Ministry, made Tourism secy

NEW DELHI: In first major Secretary-level shuffle by the Narendra Modi-government, Finance Secretary Arvind Mayaram has been transferred out of the Finance Ministry to a low profile Tourism Ministry. Mayaram,… Read more »

IndiGo to acquire 250 Airbus A-320 neos

IndiGo to acquire 250 Airbus A-320 neos

NEW DELHI: In the largest global aircraft order, no-frill carrier IndiGo on Wednesday signed a MoU to acquire 250 of the latest Airbus A-320 neo aircraft worth over USD 25.5… Read more »

Economic recovery in India still uneven Rajan

Economic recovery in India still uneven: Rajan

NEW YORK: Stating Indian economic recovery is still uneven, RBI governor Raghuram Rajan has exuded optimism that the country will be “solidly” in the 5 per cent growth bracket during… Read more »

IL&FS

IL&FS mulling USD 1 billion clean tech fund for India

HELSINKI: India’s leading infrastructure company, IL&FS is mulling a USD 1 billion fund to bring in clean technologies from Nordic nations to the country to support the new government’s huge… Read more »

India eyes Finland for tech cooperation to boost manufacturing

India eyes Finland for tech cooperation to boost manufacturing

HELSINKI: With the new government keen on making the country a global manufacturing hub, India is seeking to engage with Finland, known for its knowledge-based economy and clean technology, official… Read more »

We have political will to undertake Financial reform RBI Gov

We have political will to undertake Financial reform: RBI Gov

NEW YORK: Underscoring the need for financial sector reforms, Reserve Bank of India Governor Raghuram Rajan has stressed that the “time to deliver begins now” and there is political will… Read more »

Govt will look into Nokia plant suspension Nirmala

Govt will look into Nokia plant suspension: Nirmala

NEW DELHI: With global giant Nokia announcing suspension of its Chennai mobile plant operations, the Centre on Wednesday said it will look into the issue and make efforts to ensure… Read more »

'Indian biotech industry on cusp of new era'

‘Indian biotech industry on cusp of new era’

WASHINGTON: India’s biotechnology industry is on the cusp of entering a new era as it already has many of the necessities required to grow its bio economy such as a… Read more »

Indian consulate launches app to guide Haj pilgrims

Indian consulate launches app to guide Haj pilgrims

JEDDAH: A free smartphone application launched this year by the Indian mission here that guides Indian Haj pilgrims to their accommodations has become a huge hit with even the Saudi… Read more »

S&P

S&P betters India’s credit outlook to stable from negative

NEW DELHI: Standard & Poor’s today improved India’s outlook to stable from negative saying the new political formation at the Centre has the capacity to push reforms and put the… Read more »

India invites countries invest in its ambitious projects

India invites countries invest in its ambitious projects

UNITED NATIONS: India has invited countries like the UK, Norway and Greece to invest in ambitious projects and proposals unveiled by the new government to boost the economy. External Affairs… Read more »