Janet Yellen gave a classic US Federal Reserve talk when she addressed a press conference after a globally-awaited meeting of the policy committee on Wednesday. "Just because we removed the word patient from our statement doesn’t mean we will be impatient," the chairwoman said....
The insurance regulator must come out with proper norms to ensure that private players invest in long-gestatation projects like infrastructure deveopment since this was one of the underlying reasons for hiking foreign equity cap in the sector, experts maintain....
The Delhi High Court on Thursday ordered the civil aviation regulator to de-register six aircraft of SpiceJet for non-payment of dues to some of its lessors -- an issue which the budget carrier said is being resolved....
Social networking site Facebook is soon going to add a new feature in its Messenger app that will help people send money directly to friends or members of the family....
The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $49.17 a barrel on Wednesday, compared to $48.76 on Tuesday, the organisation's secretariat said....
The government received commitments of Rs.108,000 crore from telecom operators at the end of bidding on Wednesday, the 13th day of radio frequency spectrum e-auctions....
The central government, even as it races against time to get legislative sanction for the auction of cancelled coal blocks before parliament goes into recess on Friday, is "re-examining" nine winning bids out of the 33 blocks auctioned so far but India Inc. has expressed concern at the move....
The Kerala government is seeking investment from its large diaspora for the upcoming fourth international airport in the state at Kannur....
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), provisionally closed Wednesday's trade down 114 points or 0.40 percent....
The central government will name and shame state governments that do not ease up the process of doing business, a top official said on Wednesday. ...
