In a bid to safeguard interests of ailing aviation sector, a Group of Ministers will meet later this week to give final touches on allowing investments in Indian carriers by foreign airlines, direct import of jet fuel by Indian carriers and Air India's

The Reserve Bank has asked banks to set up dedicated verticals to help small and medium businesses to deal with financial matters.

The Department of Telecom will study the legal implications of the Supreme Court order cancelling 122 2G telecom licences before deciding on the future course of action.

The Corporate Affairs Ministry is unlikely to yield to pressure from some political parties to make 2% CSR spending mandatory for corporates under the new Companies Bill, which is currently being scrutinised by a parliamentary committee.

The Finance Ministry is likely to reduce Securities Transaction Tax (STT) on equity trade in the forthcoming Budget in a bid to boost the capital market despite pressure to improve revenue collection.

Amid severe fuel shortages, the Coal Ministry has sought central assistance of Rs 544 crore to augment output in FY13 and said the three PSUs under its control have proposed investments worth Rs 14,683 crore to enhance production and make acquisitions

As Hong Kong's outgoing leader Donald Tsang looks ahead to retirement, an unusually toxic public debate over the burden placed by a flood of mainland Chinese visitors has struck at the heart of Hong Kong's often rocky transition from British colony to

Treasuries declined after the US jobless rate unexpectedly fell to the lease in three years, raising skepticism about Federal Reserve Chairman Ben S Bernanke's extended low-rate policy and limiting demand for the safety of US debt.

Investors grew more optimistic about most emerging Asian currencies in the last two weeks, adding bets on the Indian rupee and the South Korean won to the largest in more than 15 months, a Reuters poll showed on Thursday.

After what seemed like an unending wait, Special CBI judge O P Saini read out the verdict that the world was waiting for.

US President Barack Obama on Saturday pressed lawmakers to pass his proposal to provide up to $10 billion in aid to struggling homeowners, saying a failure to address the housing crisis would put the rest of the economy at risk.

After a blockbuster January for both equities and bonds — rallies that caught many in the market by surprise — investors will be paying keen attention to the world’s central banks in the coming week for signs of continued easy money.

After two judicial setbacks — the Supreme Court order cancelling 122 telecom licences and criticising procedures; and the apex court’s criticism of the government’s handling of the Army chief’s retirement age — the

From having high profile visitors like Prime Minister Manmohan Singh and Arnold Schwarzenegger, corporates and institutions such as Asian Development Bank, the three-day sustainability summit organised by The Energy and Resources Institute (Teri),

Greece’s seven-month effort to win a second bailout from international creditors resumed on Saturday after negotiations overnight failed to clinch an agreement, with the country’s stability hanging in the balance.

The Reserve Bank of India (RBI) on Saturday said it was looking to revise the definition of ‘sick units’ to help those units regain financial health.

Oil gained for the first time in six days, paring a weekly decline, after the U.S. jobless rate fell to the lowest level in three years.

Agriculture and food processing minister Sharad Pawar has ordered a stay on allottment of food parks to states. The department secretary will now work on a new mechanism whereby a committee headed by a retired judge would approve the allotment.

Muslim religious organisations are up in arms against the Direct Taxes Code (DTC) Bill, alleging the UPA government wanted to “tax the house of god – temple, church, masjids and imambaras&".

Coal India's move to roll back price rise made effective from January 1 following opposition from coal consumers has triggered debate for the establishment of regulatory mechanism for the sector.