Coal-gate: CBI questions key PM aide TKA Nair

The Central Bureau of Investigation has questioned TKA Nair, advisor to Prime Minister Manmohan Singh, in connection with alleged irregularities in allocation of coal blocks, which included......

Naveen Patnaik may be questioned by CBI in coal scam case

Odisha Chief Minister Naveen Patnaik may be questioned by CBI for writing a letter of support in favour of Hindalco, an Aditya Birla group company, after its bid for coal mines was rejected by coal......

India's Big Guns Firing On Capex Front

'Interim Budget has ignited the entrepreneurial spirit.' Illustration: Dominic Xavier/Rediff.com Is private capex picking up? In the Interim Budget speech, Union Finance Minister Nirmala......

FPIs may return to Indian equities soon

'The more foreign investors become convinced of the durability of the economic cycle, the more likely foreign flows into Indian equities resume.' IMAGE: The Bombay Stock Exchange. Photograph: ANI......

High coal price to weigh on steel cos' Q2 earnings

Rising prices of international coal – both coking and thermal - used in the making of ferrous and non-ferrous metals, respectively, are expected to have an impact on margins of metals......

How foreign portfolio investors view the 'India story'

IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors, discovers Subhomoy Bhattacharjee. Illustration: Uttam Ghosh/Rediff.com Long before the pandemic, foreign......