A report by Bridge to India suggests that the Indian government had unnecessarily wasted time and money on pursuing a protectionist policy and its repeal by the WTO may in fact be helpful in the long-term.
On September 1, petrol price was hiked by Rs 3.38 per litre and diesel by Rs 2.67 per litre which was followed by another price revision yesterday, where petrol was up Rs 0.58 per litre and diesel saw a marginal cut of Rs 0.31 paise.
World's fifth largest wind turbine maker Suzlon plans to list its German subsidiary Senvion on the London Stock Exchange through an initial public offer which is likely to garner close to Rs 7,000 crore.
The Supreme Court on Monday declared all captive coal blocks allocated since 1993 as illegal.