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Ex-Goldman director Rajat Gupta may face more allegations: US

Rajat Gupta, a former director of Goldman Sachs and Procter & Gamble who is the highest-ranking executive charged in a U.S

Reliance in talks with airlines for fuel supply

Reliance Industries is in talks with India's major airlines to provide jet fuel infrastructure and transport services, the company said on Wednesday, a day after a government panel approved

Maldives president quits after police mutiny

Male: President Mohamed Nasheed of the Maldives resigned on Tuesday after weeks of protests erupted into a police mutiny, leaving the man widely credited with bringing democracy to the paradise

Iran agrees on part payment in rupees for oil

India will pay 45 per cent of its nearly $ 12 billion annual crude import bill to Iran in rupees. The two countries would work out other methods for

Slowdown wakes up govt to reforms

When the Indian finance minister, Pranab Mukherjee, flew to Chicago recently to address a group of American executives, it was to deliver an urgent message: India is still open for

Industry opposes CTT proposal on commodity futures, options

Commodity transaction tax (CTT) a levy on commodity futures and options, is unlikely to be imposed in the forthcoming budget as industry bodies mounted pressure against it saying this would

Assocham moots amnesty scheme for black money

Even as black money stashed in tax havens abroad continued to hog the headlines, trade body Assocham has mooted an amnesty scheme for six months to bring back illegal funds.

Financial regulators turn more stringent: Survey

Indian financial regulators have become more stringent in their outlook to money laundering and have become a member of the Financial Action Task Force (FATF) in late 2010, said a

Foreign companies permitted to bid for semi-conductor procurement

The government has permitted foreign companies to make bids for component procurement through the subsidiary route in direct competition with domestic companies for supply of semi-conductor products.
The preferential market

With paid-up capital raised, Nabard to give direct loans

The National Bank for Agriculture and Rural Development (Nabard) is getting a wider role that will let it offer direct loans to the farm sector, SMEs, state and multi-state cooperatives

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  • It is well known that Ray-Ban sunglasses were originally developed for the United States air force. Here is the story.

  • Foreign shippers seek level-playing field
    0206SHIP.jpg

    Foreign ship owners have asked the directorate general of shipping for a level-playing field and a “rethink” on its latest order banning overseas vessels, which are over 25 years old

  • National pharmaceutical policy to be out soon
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    The controversial National Pharmaceutical Policy may finally see the light of the day with the health ministry and chemicals ministry sorting out differences over some proposals in the policy.

  • India, Pak agree to inspect water projects
    0206-RIVER.jpg

    India and Pakistan have agreed to allow their experts to inspect two major water projects in the Kashmir region,

  • WTO deal still elusive
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    The WTO has finally created unity among its 152 members — but unfortunately for head Pascal Lamy, the only thing all states agree on is that the prospect of a new trade deal is still far away.

  • Plea to extend crop insurance

    Andhra wants cut-off date for crop insurance of non-loanee farmers to be extended to September.

  • Healthcare needs Rs 3,70,000cr

    India will need investments of Rs 3,70,000 crore for healthcare facilities, a study said.

  • Sugar price may go up

    Sugar prices may rise to an unreasonable level if the sale of buffer stock quantum is kept voluntary.

  • NMCE starts new series in metals

    NMCE will start new series for future contracts in non-ferrous metals from August 1.

  • Do call register

    The Supreme Court has suggested introduction of a new ‘do call register’ facility to curb the telemarketing menace.


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Goldman Sachs

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