The Centre has decided to delink the amendments required in the Life Insurance Corporation of India Act 1956 from the Insurance Laws Bill 2006, recently cleared by the GoM, chaired by external affairs minister Pranab Mukherjee.

India has dropped in its global competitiveness ranking to the 50th place, while neighbouring China has improved its ranking to the 30th spot in the latest list compiled by the World Economic Forum.

The financial bailout package in the US, supposed to calm global markets, has produced exactly the opposite results.

For the first time India will be participating in the Asia-Europe Meeting summit in Beijing later in October.

ArcelorMittal, the world's biggest steel group, confirmed on Thursday its outlook for the second half of the year, despite the financial crisis and expected economic slowdown.

Inorbit Malls (India) Pvt Ltd, a wholly owned subsidiary of K Raheja Corp, is currently in talks with Trent - the retail company of the Tatas - to set up Trent's Star Bazaar hypermarkets and Landmark book stores within the

Without getting into definitions, the micro, small and medium sector accounts for a significant segment of the economy.

DTH & cable operators can look forward to a lighter tax burden. The I&B ministry is examining the options to end the multiple taxation of these companies through central and state levies.

A month after the Prime Minister lamented the poor quality of official govt data, especially in the industrial sector, the DIPP has decided to re-engage the agency it had parted ways with last year, to help it compile the IIP.

International Finance Corporation is likely to make an investment of $74 million in United Phosphorus Ltd, a listed entity with an interest in manufacturing agrochemicals, industrial and specialty chemicals with plants in Gujarat.

The Federal government of the United States has seldom taken an equity interest in private companies, although this has been proposed sometimes, especially as a way to get higher returns on social security assets.

Federal Reserve chairman Ben S. Bernanke and treasury secretary Henry Paulson are discovering both the leeway and limits they have as policy makers as they struggle to combat the 14-month-old credit crisis.

Despite the induction of 568 new low-floor buses to its existing fleet of 3,100 buses recently, the DTC is suffering a loss of Rs 6 crore a month.

US stocks rose and the Standard & Poor's 500 Index rebounded from its worst six-day plunge since 1987 as better-than-estimated profit at International Business Machines Corp spurred speculation earnings will weather the financial crisis.

Global food commodity prices could come down by up to 32% if crude oil falls to $65 a barrel in 2010-half the average of $130 a barrel this year, a UN body has said.

The Rs 3,200 crore branded chocolate sector in India will soon witness a major tussle between Indian and foreign players. To take on multinational rivals, homegrown brand Amul is focussing on distribution network, mass-market brands and traditional advertising plans.

Markets recognise desperation when they see it. That's the best analysis of shareholders' reaction to the $700 billion rescue law. Ripping open the package Treasury Secretary Henry Paulson offered, investors sought reform.

NHAI will complete the financial bidding for 21 projects worth around Rs 20,000 crore under National Highways Development Programme, Phase III, by the end of November.

At a time when retail investors in not just stocks but also equity mutual funds feel devastated, debt seems to be a good option.

Haryana has surpassed Punjab in terms of exports figures this year. Also, on most economic parameters, be it per capita income, FDI flow or the annual Plans of the two states, Haryana holds the lead.