The Reserve Bank of India has rejected a government proposal to auction external commercial borrowings to Indian companies.

Shares of ABG Shipyard, which is locked in a takeover battle with Bharati Shipyard for Great Offshore, on Wednesday fell 3.69% on the Bombay Stock Exchange on news that income tax authorities were carrying out search operations at various establishments

Tata Steel has registered a 21% rise in its sales at 28.75 lakh tonne in the first half of the current fiscal on the back of robust demand from the construction sector.

Google confirmed today that passwords for Gmail service had been harvested by hackers, but downplayed the phishing attack as involving just a "small number" of accounts.

With just six months left for the introduction of the goods and services tax, the empowered committee of state finance ministers is scheduled to meet on Thursday.

Punjab paddy growers are bearing the brunt of standoff between rice millers and the Centre over lifting of stocks and are forced to sell paddy at rate lower than the Minimum Support Price because of low procurement by state-run procurement

With a view to ensuring an equitable stream of power flow across the country, a CII-KPMG research report calls for a national guideline to ensure uniformity in awarding hydro power generation projects.

European Union regulators said on Wednesday they were preparing to settle a long and costly antitrust battle with Microsoft Corp with a deal to give Windows users a choice of web browsers.

Reliance Industries Ltd has strongly refuted allegations by Reliance Natural Resources (RNRL) that the Mukesh Ambani-controlled firm is motivated by commercial greed and was attempting to back out of the gas supply obligation to the Anil Ambani-led company.

The high-tech industry has been working itself into paroxysms of excitement lately over an idea that is not exactly new: tablet computers.

The government will shortly propose an increase in the minimum support price for jute to prevent price fluctuation.

Everywhere you look, there's uncertainty. Uncertainty plays a key role in central bankers' policy deliberations. The Fed says there's "considerable uncertainty" about the strength of the recovery.

The turnover in the currency future segment in the MCX'SX touched a record high of Rs 10,798 crore on Wednesday. Currency dealers attributed this sharp spike in volume to high amount of volatility in over-the-counter market.

Government agencies in the telecom sector seem poised to take several 'game-changing' decisions. Telecom Regulatory Authority of India (Trai) might soon require operators to offer consumers the option of being billed in units of second instead of the current typically

Indian visa rules have been set on a par with the global best practices. The government has tightened the employment visa rules to distinguish these from the liberal rules for the business visa. This has been done primarily to prevent

Vijay Mallya-owned Kingfisher Airlines has returned 19 leased aircraft in the past 10 months owing to mounting losses. Of these, 16 are Airbus and three ATR are turbo-prop aircraft, according to official data.

Barely a week after talks with South Africa's MTN failed, the country's largest telecom operator Bharti Airtel on Wednesday said it may bid to acquire Luxembourg-based telecom firm Millicom's operations in Sri Lanka.

The father of India's communications revolution, Sam Pitroda, has been appointed advisor to the Prime Minister on infrastructure, innovation and information. Pitroda will have the rank of a Cabinet minister.

Chinese dissidents are leading the odds of winning the Nobel Peace Prize this year, the 20th anniversary of the Tiananmen Square massacre and the 60th since the establishment of the People's Republic of China.

With plans to invite bids for 126 road projects in the next twelve months, the minister of road transport and highways Kamal Nath is keen to ease funding norms for road developers. The projects are estimated at Rs 1lakh crore.