Category: Economy
CCI relaxes commitment norms, extends filing window to 60 days
NEW DELHI: The Competition Commission of India (CCI) on Wednesday relaxed its commitment regulations, allowing longer time-frames for filing and reviewing such applications, and wrapping…
Consultants of faulty detailed project reports culprits: Nitin Gadkari
NEW DELHI: Consultants involved in preparing defective detailed project reports (DPRs) are “culprits” behind accidents and deaths on highways, road transport and highways minister Nitin…
National Highway builders bat for BOT annuity model to avoid zero-bid scenario
NEW DELHI: Highway concessionaires have urged the road ministry to use the build-operate-transfer (BOT) annuity model for upcoming projects until key concerns holding back private…
I-T unearths Rs 1.29 lakh cr foreign remittances
NEW DELHI: The income tax department has uncovered a massive overseas remittance trail involving 6,422 newly identified entities that collectively sent Rs 1.29 lakh crore…
MPC flags possibility of policy tightening
Kolkata: India’s monetary policy makers flagged possibility of policy rate tightening in the third quarter if the higher food and fuel prices lead to second…
Commerce minister Piyush Goyal leads 70-member business delegation to Singapore
New Delhi: Commerce and industry minister Piyush Goyal is leading a 70-member business delegation to Singapore to strengthen trade and investment ties between the two…
RBI Governor Sanjay Malhotra flags inflation risks; says rate recalibration needs greater clarity, MPC Minutes show
Reserve Bank of India Governor Sanjay Malhotra said he would prefer greater clarity on the persistence and trajectory of inflation before considering any recalibration of…
India’s crop insurers seek data protection law to expedite farm innovation
New Delhi: Five of India’s largest crop insurers have jointly asked the government to include a provision for the protection of regulatory data in the…
India’s July crude oil imports rise over 9% month-on-month
India’s crude oil imports in July rose more than 9% from the previous month to 21.41 million metric tons, government data showed on Wednesday. On…
‘India should not rush into US trade deal, must protect national interests’: EAC-PM Member Sanjeev Sanyal
New Delhi: India should not rush to finalise a trade agreement with the United States and must ensure that the pact protects the country’s long-term…