Business
Canada Files WTO Complaint Over 'Illegal' US Steel Tariffs
Canada will coordinate its WTO case with the EU, which also filed a challenge. It also requested a review of the US measures under the North American Free Trade Agreement Chapter 20 trade dispute mechanism.
Sensex Trades Flat in Late Morning Trade
The 30-share index was trading higher at 35,339.49, showing a gain of 17.11 points, or 0.05 per cent at 1100 hrs. The broader Nifty-50 index was trading at 10,735.65, up 0.50 points, or 0.00 per cent.
India Inc Cheers Q4 GDP Numbers, Expects Trend to Improve Further
Robust performance by manufacturing, construction and service sectors and good farm output pushed India's January-March 2018 GDP growth to a seven-quarter high of 7.7 per cent, helping it retain the fastest growing major economy tag.
Cyrus Mistry Hits Back at Air Asia Director for Dragging His Name Into Case
Mistry, who was ousted from Tata Group after an acrimonious boardroom fight and is engaged in a long-running legal battle with Tatas since then, said the board of Tata Sons and the Tata Trustees should concern themselves over the decline in governance sta...
Case Against Air Asia Officials Result of Cyrus Mistry’s Revenge on Tata, Says Director
The CBI has alleged that Air Asia officials colluded with unknown government officials during the UPA rule and tried to lobby with civil servants later to have the 5/20 rule on international flying licence amended.
IndiGo to Levy up to Rs 400 Surcharge to Offset Fuel Price Hike, Fares to Rise
IndiGo is the first local carrier to announce passing on the burden of spiralling jet fuel prices to the passengers.
Petrol, Diesel Rates Move up for 15th Straight Day, Govt Mulls Bringing Petroleum Products Under GST
Every rupee cut in excise duty on petrol and diesel will result in a revenue loss of Rs 13,000 crore.
GAIL Says Split the Company When Gas Market Matures
The Petroleum Ministry is looking at splitting GAIL into two firms to resolve the conflict of interest in it being both the transporter and marketer of natural gas.
States Have Capacity and Must Cut Duty on Petrol, Says NITI Aayog VC
The rising crude prices in the international market prompted state-owned oil companies to raise domestic prices for 11th day in a row. Petrol costs Rs 77.47 a litre in Delhi and diesel Rs 68.53 a litre.
Cabinet Clears Ordinance For Amendments To Bankruptcy Code
The amendment comes months after a new Section 29A was added into the bankruptcy code in November, introducing four layers of ineligibility for potential bidders.
Govt May Not Sell Air India If It Does Not Get Adequate Pricing: Aviation Secy
The government also made it clear that it would have the rights of a "minority shareholder" with 24 per cent stake in Air India post disinvestment.
Sensex Up 126 Points on Asian Cues
The 30-share barometer recovered 125.65 points, or 0.36 per cent, at 34,973.95. It had lost 708.41 points in the previous four sessions largely on political uncertainty in Karnataka.
UAE to Allow 100 Percent Foreign Ownership of Businesses by Year-End
The decision is part of a wider change to the system that would grant residency visas of up to 10 years to investors and specialists in scientific, technical, medical and research fields, the agency said.
Pakal Dul Hydro Power Project to Provide 12 Per Cent Free Power to J&K
In a statement issued in the national capital, the ministry said all clearances have been obtained for the Pakal Dul project, which aims to generate 3,330.18 million units of electricity annually.
Govt Begins Search for Next Competition Commission of India Chief
The CCI has gained importance in recent years with all major deals requiring its approval, while it has also been keeping a close vigil for any attempts at cartelisation or other unfair trade practices in various sectors, including real estate, automotive...
NITI Aayog Invites French Investments in India
Following the visit of French President Emmanuel Macron, 20 of the biggest French venture capital and private equity funds are coming to India to explore investment opportunities.