NEW DELHI: The ministry of power and the Bureau of Energy Efficiency (BEE) announced a revision to the Energy Conservation Act of 2001 on Wednesday, setting ambitious renewable energy consumption benchmarks for specified consumers until the financial year...

NEW DELHI: India and some other nations, including Switzerland, Brazil, China, Japan, Korea and Russia, have criticised the EU for deciding against terminating its safeguard measure on imports of certain steel products after carrying out a review. Most ar...

MUMBAI: Investment in the Indian capital markets through participatory notes rose over a six-year high at Rs 1.33 lakh crore at September-end, making it the seventh consecutive monthly increase, on the back of robust macroeconomic fundamentals. This is th...

MUMBAI: The Reserve Bank of India is likely to meet with banks next week to discuss the key issues of liquidity in the banking system and developments in sovereign debt yields, which serve as benchmarks for pricing corporate borrowing. “There are meetings...

NEW DELHI: State-run oil marketing companies (OMCs) have the capacity to absorb the global crude price shocks as they have made large profits (in the previous quarters) due to high prices, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri to...

NEW DELHI: The United States has decided to withdraw its support for an initiative at the World Trade Organisation on free cross-border data flows without localisation, a move that strengthens India’s approach on retaining control over its data. Washingto...

Global consumer goods major Unilever says the India market, its second-largest in the world, may see a deflation in pricing within skincare and fabric cleansing, as commodity inflation moderates. The India unit of the London-headquartered company reported...

Mumbai: Air India on Friday announced the appointment of Klaus Goersch as the Executive Vice President and Chief Operations Officer, as well as various other senior level appointments. In the newly-created position at the airline, Mr Goersch will oversee...

The government has decided to offload 0.3 million tonnes (MT) under the open market sale scheme (OMSS) by the Food Corporation of India (FCI) in its weekly e-auction from next month, against 0.2 MT currently being offered for the bulk purchaser to cool do...

The Election Commission of India (ECI) on Thursday issued a show-cause notice to Assam Chief Minister Himanta Biswa Sarma for allegedly making communal remarks during an election campaign in Chhattisgarh. Attacking the lone Muslim minister and Congress ML...

The Election Commission of India (ECI) on Thursday asked the Central government not to conduct any activities related to the proposed ‘Viksit Bharat Sankalp Yatra’ in the five election-bound states and Nagaland’s Tapi constituency till December 5 as provi...

The Election Commission of India (ECI) on Thursday issued a show-cause notice to Congress leader Priyanka Gandhi Vadra over her “envelop” remarks related to Prime Minister Narendra Modi’s temple visit. The party general secretary has been asked to respond...

Bengal Minister Jyotipriyo Mallick was arrested by the Enforcement Directorate (ED) in connection with an alleged case of corruption in rationing distribution early Friday morning. Meanwhile, Kolkata is decked up for the grand gala pujo carnival today, wh...

NEW DELHI: The Union Cabinet on Wednesday revised the per kilogramme subsidy under the nutrient-based regime, lowering it for nitrogen, phosphorus, potassium, and sulphur for the October-March period compared to the April-September period. The cost to the...

MUMBAI: In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime directors. Lenders that do not meet the requiremen...