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Economy News

SC orders Sahara chief Subrata Roy to remain in jail

The court also rejected Sahara's latest proposal to pay, in installments, the 100 billion rupees

CNG prices in Delhi hiked by Rs.2.95 a kg

The prices of PNG also increased by Re.1 per scm due to a rise in input cost

Sensex ends lower for fifth straight session

BSE index ends Friday at 22,403.89 points, down 0.06 percent or 13.91 points

Govt returns RIL's bank guarantee for new gas price

RIL had, last week, furnished a bank guarantee to avail of the new gas price

Akshaya Tritiya: Jewellers expect 20 percent higher gold sales

The gold price hovers around Rs.28,557 per 10 grams on Friday

Air India likely to join Star Alliance by July

Formed in 1997, Star Alliance is a consortium of 26 airlines

India’s GDP growth may rise to 6 percent in 2014-15: Chidambaram

The Indian economy registered below five percent expansion in the previous two years

Bharti Airtel to cut discounts on call rates

The company may also look at raising its headline tariff to offset rising input costs

Congress cites World Bank report, hits back at Modi

According to the report, India replaced Japan as the third largest economy in 2011

Sensex closes flat; capital goods stocks down

This was the fourth straight session of fall in markets

SC appoints third arbitrator in RIL gas dispute case

Australia's Justice McHugh to chair the proceedings, Justice V.N. Khare and S.P.Barucha other two arbitrators

RIL asks govt to implement new gas price on May 13

Last month, the Election Commission had asked the government to defer announcing the new rates

Ukraine to get one bn euro loan from EU

The new Macro-Financial Assistance is part of the package approved by the EU on April 14

Apex chamber condemns EU ban on Indian mango, vegetables

EICC alleges EU of unbalanced attitude towards the existing negotiation on a FTA

Madras High Court asks Nokia to pay Rs.240 crore of tax

It is 10 percent of the Tamil Nadu government's tax claim of around Rs.2,400 crore

Nokia names Indian-origin Rajeev Suri as new CEO

Siilasmaa would continue as chairman; Suri would take office May 1

Sensex closes 165 points down; metal stocks fall

Nifty too ends in the red; closes 43.65 points or 0.65 percent down

Manmohan Singh to hold his last plan panel meet

Singh has ruled himself out of the race to head the new govt, even if UPA wins the Lok Sabha battle

Air India starts upgrade scheme

Economy class passengers can get upgraded to executive class on payment of a fixed minimum amount

Honda launches 125 cc automatic variant of Activa scooter

Priced between Rs.52,456 and Rs.58,196, the two-wheeler gives mileage of 59 km per litre


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