All stories by BS Reporter
40% projects stuck due to environmental issues
Rediff.com1 Feb 2014The Prime Minister's Project Monitoring Group (PMG) chairman Anil Swarup said 40 per cent of the 419 stalled large investment projects in his hand were struck due to environmental clearances.
Chidambaram-Jaitley verbal duel over Modi's economic knowledge
Rediff.com31 Jan 2014The war of words between Finance Minister P Chidambaram and Arun Jaitley, leader of opposition in the Rajya Sabha, refuses to die.
New NPA norms: RBI offers some breather
Rediff.com31 Jan 2014The Reserve Bank of India (RBI) has offered some leeway to banks for early detection and resolution of bad loans. Under the new regime kicking off from April 1, lenders can finance 50 per cent of the outstanding loan value, RBI said in Framework for Revitalising Distressed Assets in the Economy, released on Thursday.
Major rejig at Airtel; CEO Vittal becomes more powerful
Rediff.com29 Jan 2014Within a year of Gopal Vittal becoming the joint MD and CEO of Bharti Airtel's India operations, the company has elevated him as the MD and CEO for Bharti Airtel's operations in India and South Asia.
Personal loan grows up in December
Rediff.com24 Jan 2014Credit growth in the industrial sector has slowed down due to sluggish economic growth.
Taxation, infra hurdles will hurt FDI: EY survey
Rediff.com24 Jan 2014The 2014 survey, which polled 502 global executives from companies with international presence, showed the majority of respondents were considering increasing their presence in India.
Railway unions vote for indefinite general strike
Rediff.com24 Jan 2014About a million railway employees participated in the strike ballot of NFIR. In December, 800,000 employees participated in the strike ballot conducted by another leading union, the All India Railwaymen Federation, with 96 per cent voting in favour of a strike.
Hyderabad Metro eyes 55% revenues from real estate
Rediff.com24 Jan 2014The over Rs 15,000-crore Hyderabad project comprises 72 kilometre of elevated metro rail line and six million sft of transit-oriented development.
New Sensex record fails to spread cheer
Rediff.com24 Jan 2014Analysts say lack of strong moves in stocks or sectors contributed to markets moving indecisively.
Truck driver standoff on LoC continues
Rediff.com24 Jan 2014On Wednesday, the Pak government had asked Delhi to 'immediately release' the driver, along with his seized consignment.
GDP grows 5.4% in Nov, says ZyFin
Rediff.com24 Jan 2014GDP growth in November is the second-highest since January 2012 when it had expanded 5.7%.
Bleak outlook for auto parts suppliers
Rediff.com24 Jan 2014The auto component sector grew at 5-6 per cent last year against a 13 per cent growth in 2012.
RBI panel wants retail inflation as new policy benchmark
Rediff.com22 Jan 2014The Urjit Patel committee on monetary policy framework has proposed setting up of a monetary policy committee (MPC) that will be headed by the Reserve Bank of India (RBI) governor and accountable for achieving inflation target set by it.
Govt launches portal to better biz climate
Rediff.com21 Jan 2014Sharma says efforts on to bring dissenting ministries on board eBiz platform.
Rail Tariff Authority gets nod
Rediff.com21 Jan 2014In August 2013, the Cabinet had given an in-principle nod to set up the authority and sent a draft note to the railways, to be discussed with the law ministry.
Wipro earnings meet expectations
Rediff.com18 Jan 2014The company's net profit went up 27% in December quarter, sequentially better than peers; core IT services up 33%..
FoodMin asks states to open more grain procurement centres
Rediff.com18 Jan 2014India's foodgrain requirement is expected to rise to around 61.2 million tonnes against the average procurement of last five years at 51.4 million tonnes.
Government names companies selected for coal blocks
Rediff.com17 Jan 2014SC judges suspected a lack of objective criteria in the selection.
Pak still dicey over granting MFN status to India
Rediff.com17 Jan 2014Over a year after the deadline to grant Most Favoured Nation (MFN) trading status to India, the Pakistani government on Thursday declined to specify any time limit to meet the long-pending demand from here.
House panel raps FinMin over dated NPA data
Rediff.com17 Jan 2014RBI will make a presentation on January 24 before the panel on the state of NPAs and stressed loans.