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Bombay HC decision eases interest pressure for telcos: experts

New Delhi, June 9 -- Bombay High Court'sdecision to quashone-time spectrum charges for telcos is materially positive on an accounting level, particularly with the dismissal of the 16 per cent compound... Read More


Editorial. Set to fly

New Delhi, June 9 -- In a timely move to shield airlines from soaring fuel costs and protect state-owned oil marketing companies (OMCs) from mounting losses, the Union Cabinet last week announced a Rs... Read More


Bombay HC refuses asset freeze plea in Rs.19,500-crore EuroChem-Tecnimont dispute

New Delhi, June 9 -- The Bombay High Court has dismissed an application by Russia-based EuroChem North-West-2 seeking an interim injunction to restrain Italian engineering company Tecnimont from deali... Read More


A strong case for D2C in India's general insurance

New Delhi, June 9 -- Despite the growth in India's general insurance industry, it has not translated into healthy underwriting profitability, according to Praxis Global Alliance's recent report. The i... Read More


'$55-65 billion expected to flow into the country on RBI measures on FCNR (B) deposits, ECBs

New Delhi, June 9 -- The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai About $55-65 billion is expected to flow into the country due to the RBI move to bear the ful... Read More


Electricity bills set for reset, CEA proposes roadmap for fixed charges from users

New Delhi, June 9 -- Emphasising that current retail tariffs fail to reflect actual utility expenses, the CEA has come out with a comprehensive report highlighting a severe mismatch in how power infra... Read More


Jet fuel prices hiked by 10 per cent

New Delhi, June 9 -- Mumbai: State oil marketing companies have revised aviation turbine fuel pricesforscheduled domestic operationsby 10 per centto around Rs.115perlitrein Delhi. The move signals li... Read More


NCDEX likely to relaunch pepper futures by end-June

New Delhi, June 9 -- The National Commodity and Derivatives Exchange (NCDEX) is preparing to relaunch pepper futures by the end of June, with the contract likely to emerge as an early beneficiary of t... Read More


BOI sets up specialised branch to strengthen partnership-led lending ecosystem

New Delhi, June 9 -- Bank of India (BOI) has inaugurated a dedicated Strategic Business Branch (SBB) to focus on digital and partnership-led financing business including Pool Buyout, Co-Lending, TReDS... Read More


Crude oil futures decline after Iran, Israel agree to stop attacks

New Delhi, June 9 -- Crude oil futures traded lower on Tuesday morning after Iran and Israel agreed to stop attacks on each other. At 9.13 am on Tuesday, August Brent oil futures were at $93.27, down... Read More