DGCA seeks fresh public objections after clearing AirAsia for take-off

In a move considered unprecedented, the government has asked the public to raise fresh objections, if any, to granting licence to low-fare airline AirAsia India to start commercial operations in the c......read more

Yes Bank ties up with Teri to Promote Sustainable Development in India

Private sector bank, Yes Bank, and Teri BCSD, an independent CEO-led industry body mainstreaming sustainability in business, signed a memorandum of understanding (MoU) to accelerate momentum for susta......read more
Indian Economy

Govt must slash spending by Rs 1 trillion to meet fiscal target: Barclays

Barclays.jpg The government will have to cut expenditure by up to Rs 1 lakh crore in the remaining part of the fiscal if it is to meet the budgeted fiscal deficit target of 4.8 per cent, foreign brokerage Barclays......read more

Amit Mitra takes charge of Dept of Commerce and Industries, offers 'relationship managers' services to entrepreneurs

Amit.jpg After getting the charge of Department of Commerce and Industries Amit Mitra, who, earlier, held the portfolio of finance and excise today came with some offers for industrialists. At a seminar at Ben......read more
Inflation in India

Inflation in India to moderate in coming months: Arvind Mayaram

Arvind.jpg Inflation in India will moderate in the coming months but the country would need to bridge the demand-supply gap of essential food items to keep prices under check in the long run, said Economic Affai......read more
CAD India

CAD in India will come down to $50 bn in 2013-14: Arvind Mayaram

Arvind.jpg Encouraged by rise in exports and decline in gold imports, Economic Affairs Secretary Arvind Mayaram said the current account deficit (CAD) in India will come down to about USD 50 billion in the curre......read more
Singapore Airlines

Tata Sons, Singapore Airlines joint venture orders Airbus A320s

Singapore Airlines.jpg Singapore Airlines has chosen Airbus's A320 to launch its new Indian joint venture with Tata Sons, scoring a victory over rival Boeing as the airline market in Asia's third biggest economy shows sign......read more
BSE Sensex

BSE Sensex trading flat; Realty, FMCG, banking sector major losers

BSE Sensex.jpg The benchmark BSE Sensex failed to maintain initial gains and was quoted lower by 19 points in the morning trade due to mild selling pressure mainly in banking, realty and FMCG counters tracking weak ......read more

SC asks if Centre intends to cancel coal blocks allocated after 2005

Allocation.jpg Putting the government in a tight spot, the Supreme Court on Wednesday asked if it was ready to cancel coal blocks allotted after 2005 and also consider calling off such allocations where either lease......read more

Banks as insurance agents: Irda to meet CEOs to frame rules

Insurance policy.jpg The Insurance Regulatory Authority of India (Irda) has convened a meeting of the chief executives of all insurance companies next week to put the necessary framework and facilitate the smooth entry of......read more

Facebook's first acquisition in India: Little Eye Labs

Facebook has acquired Bangalore-based start-up Little Eye Labs, a company that develops a tool that helps Android app developers to measure, analyse and optimise their apps, making it the social netwo......read more

Despite high-profile Ranbaxy alerts, US FDA finds India okay

Ranbaxy.jpg Has the US Food and Drug Administration (FDA) become fastidious in its scrutiny of Indian pharmaceutical plants registered with it? Information received by FE from the USFDA making use of that country......read more
Mumbai terminal

Only budget airlines at Mumbai airport's 1A, 1B terminals once T2 takes off

Mumbai airport terminal.jpg Mumbai's Santa Cruz terminal, which currently hosts all domestic flights, will cater only to low-cost carriers such as Indigo, SpiceJet and GoAir once full-service carriers start operating from the ne......read more
Business confidence

Business confidence in India improves in Q1 2014: Dun & Bradstreet survey

Business optimism.jpg Business optimism in India saw a significant rise in the first quarter of 2014 mainly on sales volume, net profit and new orders on the hope of better political stability, a Dun & Bradstreet report sa......read more