Business

Government’s effort to boost manufacture sector: CII

Dec 8 : Industry body Confederation of Indian Industry (CII) Monday said that the government’s efforts to bolster investments in manufacturing will take the sector on a high growth trajectory.

Hurdle cleared for Navi Mumbai International Airport

Dec 8: The central government has cleared a major hurdle in the development of the country’s largest Greenfield Airport coming...

Iran and Pakistan to focus on boosting bilateral economic ties

Dec 8: An Iranian delegation will visit Pakistan Monday to boost bilateral economic ties.

Sensex trades flat; IT stocks plunge

Dec 8: A benchmark index of Indian equities markets Monday traded flat at 9.80 points or 0.03 percent down as IT stocks plunged.

East Africa looks to more trade with India

Dec 7 : East African businesses are set to trade more with India by learning how to take advantage of the country’s duty-free market access scheme...

Not asked to refund bookings: SpiceJet

Dec 6 : Budget passenger carrier SpiceJet Saturday refuted reports that it has been asked by the regulator to refund bookings made beyond 30 days.

Northeast to be made commercial hub of Southeast Asia: Centre

Dec 6 : Union Minister of State for Home Kiren Rijiju said Saturday India’s northeast region would be made a "trading and commercial hub of Southeast Asia".

India’s forex reserves up $1.43 bn

Dec 6 : India’s foreign exchange reserves grew by $1.43 billion to $316.31 billion for the week ended Nov 28, Reserve Bank of India (RBI) data showed.

UP fast-tracks solutions for industrialists’ problems

Dec 6 : The Uttar Pradesh government has directed its principal secretaries and secretaries to resolve issues raised by entrepreneurs during a state-level meet within a fortnight.

New oil deal between Russia and Slovakia signed

Dec 6 : Russia and Slovakia signed a new oil supply deal Friday, which provides for an annual pumping of up to six million tonne of oil to Slovakia through the Druzhba pipeline.

Reliance Comm signs $1 bn managed services deal with Ericsson

Dec 5 : Reliance Communications (RCom) has signed a seven-year full-scope managed services agreement worth $1 billion with Ericsson to operate and manage their wireline and wireless networks across India...

Afghan reform agenda hailed at London conference

Dec 5 : The international community welcomed Afghan President Ashraf Ghani’s reform agenda for his country at a conference in London.

Sensex up 45 points; capital goods stocks gain

Dec 5 : A benchmark index of Indian equities markets Friday was trading 44.86 points or 0.16 percent up as capital goods stocks gained.

Reliance Industries inks pact with Mexico’s Pemex

Dec 5 : Mexico’s state-run oil company Pemex has signed a pact with Mukesh Ambani-led Reliance Industries for exchange of experience and technology in the hydrocarbons sector, news reports said Friday.

Sensex closes 120 points up; FMCG stocks rise 

Dec 4: A benchmark index of Indian equities markets provisionally closed Thursday’s trade at 28,562.82, up 120.11 points or 0.42 percent from its previous close.

OPEC daily basket price closes lower

Dec 4: The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $67.31 a barrel Wednesday, compared to $68.13 Tuesday, the OPEC Secretariat said.

Coal India has planned output of 1 bn tonnes by 2020: Goyal

Dec 4: State-miner Coal India (CIL) has been given a gross output target of one billion tonnes of coal by 2019-20, which is around double the current production, Coal and Power Minister Piyush Goyal said Thursday.

Current regulations not helping Indian aviation: Minister

Dec 4 : Civil Aviation Minister Ashok Gajapathi Raju said Thursday the current business environment is tough for doing aviation business in India and that the current regulations are not helping the sector.

Kerala duck food festival to win tourists’ confidence

Dec 4 : Left opposition legislator Thomas Chandy will organise a ’Duck food festival’ in Kerala’s Alappuzha district to instil confidence in tourists to have poultry products after the bird flu outbreak is fully under control and has been contained.

ASM

Indian growth story attracts American metals society

Dec 4 : Lured by the growth potential of the Indian market, the American Society for Metals (ASM) International, the world’s largest association dealing in metal-centric materials scientists and engineers...

NMDC to increase production, explore mining

Dec 4 : The National Mineral Development Corporation (NMDC) aims to increase its production by 70 percent within the next 10 years and has received approval from the central government to explore mining in India.

Indonesia export exhibition sees large Indian participation

Dec 4 : As part of the Indian government’s initiatives to raise engineering products’ export to Indonesia, 45 Indian companies are participating in an ongoing four-day manufacturing exhibition here.

Obama impressed with Modi shaking up bureaucrats

Dec 4 : US President Barack Obama is very much impressed with the way Indian Prime Minister Narendra Modi has shaken up the bureaucratic inertia inside India to improve the business climate in the country.

Sensex surges 208 points; Nifty touches record high

Dec 4: A benchmark index of Indian equities markets Thursday was trading 208.40 points or 0.73 percent up...

Modi convenes CMs meet on new plan panel

Dec 3: Prime Minister Narendra Modi has convened a meeting of chief ministers in...

President applauds successful test-firing of Agni IV

President Pranab Mukherjee Wednesday congratulated the Defence Research and Development Organisation (DRDO) for successfully test-firing the Agni-IV strategic missile.

’Japan should participate in Make in India initiative’

India and Japan are natural partners in information and communication technology (ICT) and Japanese companies should take part in Prime Minister Narendra Modi’s Make in India initiative...

Committee formed to fast-track US investment proposals

Dec 3 : The government said Wednesday it has constituted an inter-ministerial committee to fast-track investment proposals from US and to address the issues related to their implementation.

CII submits reports on improving ease of doing business

Dec 3: Industry body Confederation of Indian Industry Wednesday submitted an action plan to the government for improving India’s ranking on the parameters measured by the World Bank in its ease of doing business report.

Sensex trades flat; auto stocks gain 

Dec 3: A day after the central bank decided against cutting key interest rates, a benchmark index of Indian equities markets was trading flat in last afternoon trade session Wednesday up 31 points or 0.11 percent.

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