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  • Economic growth can end banks' NPLs in next 3 yrs: Experts Jul 23, 2015 09:27 PM IST

    Economic growth can end banks' NPLs in next 3 yrs: Experts

    Dr Charan Singh, Professor of economics, IIM Bangalore and Mr Sharad Sharma, Managing Director, State Bank of Mysore talk about resolving the worry for banks, augmenting NPAs.

  • China dumping, weak demand hurting volumes: Kalyani Steel Jul 22, 2015 05:28 PM IST

    China dumping, weak demand hurting volumes: Kalyani Steel

    If the government does not support the industry where there is disproportionate advantage in one country vis-à-vis India, the industry will die over a period of time, says management of Kalyani Steels.

  • India staring at banking crisis, remedial step needed: Cong Jul 07, 2015 08:09 PM IST

    India staring at banking crisis, remedial step needed: Cong

    Former Maharashtra chief minister Prithviraj Chavan, who was also MoS in the PMO, said the mounting NPAs was an indication to this effect

  • Subdued demand hits NMDC; cuts iron ore rates by 30% Jul 05, 2015 01:38 PM IST

    Subdued demand hits NMDC; cuts iron ore rates by 30%

    State-owned NMDC has slashed the prices of lumps or higher grade of iron ore by as much as 30 per cent since January to Rs 2,950 per tonne for the current month on the back of subdued demand in the domestic market.

  • US created 223,000 jobs in June; unemployment rate at 5.3% Jul 02, 2015 08:43 PM IST

    US created 223,000 jobs in June; unemployment rate at 5.3%

    Economists polled by Reuters had expected the number of new jobs to total 230,000 in June, with the unemployment rate at 5.4 percent.

  • Govt to introduce sustainable sand mining policy: Javadekar Jun 28, 2015 02:19 PM IST

    Govt to introduce sustainable sand mining policy: Javadekar

    The plan to keep vigilance on contractors through web-based application stems from a model implemented in Maharashtra's Solapur district to curb illegal mining.

  • India among top 10 countries to attract high FDIs: UNCTAD Jun 25, 2015 09:39 AM IST

    India among top 10 countries to attract high FDIs: UNCTAD

    Pramila Nazareth, Policy Analyst & Consultant at UNCTAD told CNBC-TV18 says that main challenges for India are reluctance of FDIs in natural resource based sectors and red-tapism.

  • Truck biz shining; getting orders from mining cos: Eicher Jun 05, 2015 10:27 AM IST

    Truck biz shining; getting orders from mining cos: Eicher

    Vinod Aggarwal, chief executive officer- commercial vehicles, Eicher Motors, says the company has seen a 25 percent growth in bus business in the first five months of the year.

  • Iran keen to invest in AP's mining, agri & allied sectors Jun 02, 2015 08:13 AM IST

    Iran keen to invest in AP's mining, agri & allied sectors

    Ali Akbar called on Andhra Pradesh chief minister N Chandrababu Naidu at Secretariat. While reflecting on the potential areas of collaboration between Iran and India, he said Iran is keen on working with the Government of Andhra Pradesh in mining, marine, agriculture, horticulture, petro-chemicals and IT, an official release stated.

  • New legal challenge to Adani's Aus coal mine project May 29, 2015 12:03 PM IST

    New legal challenge to Adani's Aus coal mine project

    Issuing a statement, the Wangan and Jagalingou (W&J) people, indigenous landowners, said they have vowed to stop the Carmichael mine project and that if it goes ahead their vast traditional lands and ancient connection to the country would "disappear" forever.

  • China to invest nearly $900 billion in Silk Road projects May 29, 2015 08:29 AM IST

    China to invest nearly $900 billion in Silk Road projects

    China will invest nearly USD 900 billion in economic corridors along the mega Silk Road and Maritime Silk Road initiatives with funds including from the newly-floated AIIB bank.

  • RBI likely to cut rates by 25 bps to 7.25% on June 2: poll May 27, 2015 10:25 AM IST

    RBI likely to cut rates by 25 bps to 7.25% on June 2: poll

    That would put India on a different path to the United States, where the Federal Reserve is widely expected to begin tightening policy later this year. The RBI has taken the precaution of building up currency reserves in case markets turn volatile amid the impending divergence.

  • Will import up to 10 MT coal in FY16: MMTC CMD May 25, 2015 02:37 PM IST

    Will import up to 10 MT coal in FY16: MMTC CMD

    The company's EBITDA loss was due to substantial reduction in gold imports, said CMD Ved Prakash.

  • Expect revenue growth to pick up to 5-7% in FY16: Ceat May 25, 2015 10:20 AM IST

    Expect revenue growth to pick up to 5-7% in FY16: Ceat

    The company is planning a two-wheeler expansion in Nagpur, adding almost 10 lakh tyres per month.

  • Govt mulls policy to set VAT, entry tax on import of sand May 22, 2015 03:52 PM IST

    Govt mulls policy to set VAT, entry tax on import of sand

    The revenue and finance department will come together and frame a policy that will prevent illegal smuggling of sand and increase revenue of the state ex-chequer, Revenue Minister Eknath Khadse said yesterday.

  • China confident of meeting 2015 GDP target of 7%: Premier May 21, 2015 07:52 AM IST

    China confident of meeting 2015 GDP target of 7%: Premier

    Premier Li Keqiang said he was confident China has the ability to meet its 2015 economic growth target of around 7 percent, the official news agency Xinhua said on Thursday.

  • India announces $1 bn credit line to Mongolia May 17, 2015 11:35 AM IST

    India announces $1 bn credit line to Mongolia

    India today announced a credit line of USD 1 billion to Mongolia to expand its economic capacity and infrastructure, as they decided to upgrade their relationship from Comprehensive to "Strategic Partnership".

  • India, China sign 24 key agreements May 15, 2015 12:33 PM IST

    India, China sign 24 key agreements

    India and China today signed a record 24 agreements in key sectors, including in railways and education, on day two of Prime Minister Narendra Modi's first visit to the communist neighbour.

  • Com Min to soon seek Cabinet nod on national offset policy May 11, 2015 06:16 PM IST

    Com Min to soon seek Cabinet nod on national offset policy

    The draft policy proposes that foreign firms selling goods worth over Rs 300 crore to the government or public sector units will have to source part of their supplies from domestic manufacturers.

  • Arun Pudur tops Asia's wealthiest under-40 list May 11, 2015 12:52 PM IST

    Arun Pudur tops Asia's wealthiest under-40 list

    The global wealth intelligence and prospecting company said Pudur, the owner and president of software firm Celframe, topped the list with a personal fortune of USD 4 billion.

  • FIPB can recommend FDI proposals up to Rs 3,000 cr May 07, 2015 08:02 AM IST

    FIPB can recommend FDI proposals up to Rs 3,000 cr

    The Foreign Investment Promotion Board (FIPB) recommended proposals are cleared by the Finance Minister and any investment beyond the new ceiling of Rs 3,000 crore will go to Cabinet Committee on Economic Affairs (CCEA) headed by the Prime Minister.

  • Another 25 bps rate cut by RBI expected in CY15: Sources Apr 13, 2015 02:01 PM IST

    Another 25 bps rate cut by RBI expected in CY15: Sources

    A spurt in mining, which has a high weightage of 14 percent in IIP, and falling rates is expected to push the Index of Industrial Production to 7 percent this year.

  • Will hold margins in FY16 despite DMF contribution: NMDC Apr 08, 2015 10:34 AM IST

    Will hold margins in FY16 despite DMF contribution: NMDC

    In an interview with CNBC-TV18 Latha Venkatesh and Sonia Shenoy, CMD Narendra Kothari said that may have to contribute about Rs 1000 crore to the DMF in this fiscal.

  • Adani defends Queensland mine project in Australian court Apr 07, 2015 03:45 PM IST

    Adani defends Queensland mine project in Australian court

    The Land Court heard that the burning of coal would risk the climate to a dangerous level while its extraction would not directly affect the Great Barrier Reef - a world heritage site.

  • Bitcoin technology startup hires Morgan Stanley manager Apr 07, 2015 10:29 AM IST

    Bitcoin technology startup hires Morgan Stanley manager

    Dienelt co-founded the paper bitcoin wallet company Lazzerbee while working at Morgan Stanley, where he had been for almost a decade. He most recently managed a team of futures specialists in the bank's private wealth business.

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