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A file picture of Bajaj four-wheeler RE60.
A file picture of Bajaj four-wheeler RE60.

India saves $7 b outgo in Iran crude oil imports

Crude oil import from Iran took $7 billion pressure off on the rupee in the last 13 months, said Arun Kaul, CMD of UCO Bank, here on Wednesday. UCO Bank is the only Indian designated ban... »

Heavy rain disrupts hydro power generation in North; many States face outages

Heavy rains and the flooding in North India have switched off nearly 4,000 MW of hydro power generation. The power stations run by NHPC, SJVN and Jaiprakash Power Ventures across Jammu an... »

Climate change can hit India hard, says World Bank study

Onno Ruhl, Country-Director-India, The World Bank South Asia, with India right in the centre, as well as South-East Asia and Sub-Saharan Africa are likely to face the worst heat from climate change, a study released by the World Bank predicts.&nb... »

EPFO mulls claims settlement in 3 days

Retirement fund body EPFO is planning to settle all claims like transfer and withdrawal of provident fund within three days, a move that will benefit over one crore such claimants every year.<... »

News

Coal scam: CBI registers fresh case against Rathi Steel

The Central Bureau of Investigation on Thursday registered a fresh case against Rathi Steel and Power Ltd. “A fresh case has been filed in the coal allocation probe against Rathi Steel an... »

Industry

Textile export target set at $50 billion this fiscal: Rao

The new Textile Minister K. S. Rao today said the Government has set an ambitious export target of $50 billion this fiscal, hoping realisation of the target will help in containing the high curren... »

International

Chopper Scam: Bribery trial of former Finmeccanica CEO opens

The former head of the Italian aerospace and defense giant Finmeccanica goes on trial in a case involving alleged bribes to win a 560 million euro ($ 670 million) helicopter contract in India. »

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