FinMin asks PSUs to consider share buybacks

Japanese Finance Minister Taro Aso said on Tuesday that he wants the Bank of Japan to have a thorough dialogue with markets in the wake of volatility in the government bond market. "Governor Kuroda is communicating with the market in a thorough way ...

The new launches in the affordable category could just be another marketing gimmick to push sales and mop up money A check on greed in the iron age The Lokayukta report in Karnataka exposed illegalities, irregularities and crime by mining mafia in connivance ...

International rating agency Standard & Poor's (S&P) move to reaffirm a negative outlook and rating of BBB (minus) for India has not gone down well with the Finance Ministry, which feels the country deserves a stable outlook now. S&P has missed an ...

By Andrey Ostroukh MOSCOW--Russia will seek a better sovereign debt rating from an international agency visiting Moscow this week, the country's deputy finance minister said Tuesday. Sergei Storchak said the agency can confirm or revise Russia's ...

A senior government official confirmed the development, explaining that the decision not to consult with RBI was taken to avoid what he described as a "conflict of interest". "It was not a good corporate governance practice," the official said. A detailed ...

Aimed at widening its revenue base from indirect tax collections, the finance ministry has implemented a one-time amnesty scheme for service tax defaulters to pay their dues without any penalty or late payment charges. The Voluntary Compliance Encouragement ...

Not really. Its bigger fleet, comparable aircraft technology and better connectivity give it a huge advantage Capgemini takes India route to growth Besides having Indians in top management, the IT major is working to make the country an innovation hub to ...

Upbeat over pick-up in industrial growth, finance ministry on Friday expressed confidence that with the current trend continuing, the economic growth rate would cross 6% in 2013-14. "We are happy to see IIP numbers. This is exactly the trend we are ...

Air India's plan to trim its 27,000 bloated workforce by offering a voluntary retirement scheme (VRS) is stuck in the North Block. MUMBAI: Air India's plan to trim its 27,000 bloated workforce by offering a voluntary retirement scheme (VRS) is stuck in the ...