ECONOMY & NATION


Moneylife Digital Team 11 February 2015
RIL said the October 2013 order breached its right to retain the fields and the time for approving these discoveries 'never expired' as the Management Committee, had agreed to a phased approach for their development   Reliance Industries Ltd (RIL) has slapped an arbitration notice...

Read More



Moneylife Digital Team 11 February 2015
The I-T department's notice refers to the allegations from a break-away group, AVAM, that AAP had received funding from dubious companies in March last year   Arvind Kejriwal-led Aam Aadmi Party (AAP) on Wednesday said it has received a notice from the Income Tax (I-T) department over...

Read More



Both the iron ore mining and steel industries are at cross roads. It is hoped that the Union Budget will provide the much needed relief to both industries   For months now, the iron ore exporters have been seeking help from the Indian government to assist them in reviving mining...

Read More



Moneylife Digital Team 10 February 2015
According to Nomura, the sharp upward revision in India’s growth rate is due to a change in the estimation methodology. If the data is correct, then this suggests robust consumption and no need for any policy accommodation   Indian growth data continue to confound. Following the...

Read More



Moneylife Digital Team 10 February 2015
The BSP had urged the EC to postpone a decision on its national party status till the outcome of the Delhi Assembly elections, which turned out to be poor for the Mayawati-led party   Barring a few seats, the Bahujan Samaj Party (BSP), which fielded candidates in all the 70...

Read More



During the visit by Sri Lanka’s new President Sirisena, India must ensure that it enjoys the most favoured treatment, by keeping the Chinese dragon, preferred by former President Rajapakse, at bay!   Sri Lanka’s newly elected President Maithripala Sirisena is expected to visit India...

Read More



Moneylife Digital Team 10 February 2015
While domestic passenger car sales rose to 1.7 lakh units, two-wheeler sales declined about 6% to 8.7 lakh units in January, SIAM says   Domestic passenger car sales increased 3.14% to 1.69 lakh units in January 2015 compared with 1.64 lakh units in the year-ago...

Read More



Moneylife Digital Team 10 February 2015
Arvind Kejriwal-led AAP clean swept Delhi elections by winning 67 out of 70 seats, relegating BJP to a long-distant second position with just three seats and completely wiping out Congress   Arvind Kejriwal-led Aam Admi Party (AAP) on Tuesday clean swiped Delhi Assembly elections by...

Read More



Moneylife Digital Team 09 February 2015
All the exit polls have given AAP a decisive edge with one of them giving it as high as 53 seats in the 70-member House. The BJP, however, rejected the exit polls and exuded confidence of wresting power in Delhi after a gap of 16 years   Counting of votes for the high-profile Delhi...

Read More



Moneylife Digital Team 06 February 2015
Jaitley said the Budget will focus on reforms in power, energy, railways and ports and also hinted at more public investment into these sectors   Ahead of the Union Budget, Finance Minister Arun Jaitley Friday hinted at more reforms for faster economic growth and rationalisation of...

Read More



Moneylife Digital Team 06 February 2015
Leaked emails by Amy Pascal included at least one racially-insensitive one referring to President Barack Obama, while another called Angelina Jolie a spoiled brat   Amy Pascal, the Sony executive whose emails were leaked during the North Korean movie hacking saga, is stepping down,...

Read More



Moneylife Digital Team 05 February 2015
After the end of the campaign marked by bitter political attacks and allegations and counter allegations, workers of the major parties fanned out on a door-to-door canvassing in 70 constituencies   Curtains came down on Thursday on the high-decibel campaign in one of the most-fiercely...

Read More



Moneylife Digital Team 05 February 2015
According to a report from Liases Foras, despite improvement in sales in the residential market during the December quarter, overall growth continues to fall as it witnesses a 1.1% decline since FY14    The latest quarterly report released by Liases Foras reveals that the realty...

Read More



Moneylife Digital Team 04 February 2015
Rahul Gandhi also alleged that Natrajan, who quit the Congress recently, has been put up by PM Modi and his government to target the Congress party   Breaking his silence over Jayanthi Natarajan's allegations against him over green clearances, Rahul Gandhi on Wednesday said his...

Read More



Moneylife Digital Team 03 February 2015
Big companies like Reliance, Airtel, Vodafone and Aditya Birla Nuvo are eyeing payment banks just when Modi Jan Dhan scheme claims to have brought everyone into the formal banking fold   A clutch of hopefuls, ranging from the biggest to smaller make up the list of 113 applications, 72...

Read More



The government gets going on tax treatment, disinvestment and spectrum sales   On 28th January, immediately after bidding goodbye to US president Barak Obama, the government got down to business and announced three big decisions. Of these, the most sensible was the decision not...

Read More



Moneylife Digital Team 03 February 2015
Jaitley said AAP has to answer who were behind the companies that donated Rs2 crore the Kejriwal-led party and what was their source of income    Union Finance Minister Arun Jaitley on Tuesday said Arvind Kejriwal-led Aam Admi Party (AAP) was caught red-handed in receiving funds...

Read More



The Railways is in dire need of funding, while Coal India is unable to supply adequate coal as there are not enough rakes. Why not allow Coal India to invest in Railway to ensure that it gets all rakes required to transport coal to its customers and power producers    For the first...

Read More



Moneylife Digital Team 03 February 2015
While keeping key rates unchanged, the RBI Governor expressed displeasure that despite a generalised fall in the cost of funds, banks have not yet passed these effects and benefits of policy rate cut from 15th January, into the spectrum of lending rates   The Reserve Bank of India...

Read More



Moneylife Digital Team 02 February 2015
These allegations have come up at a time when there are just five days to go for the Delhi assembly polls, and closely follow AAP-leader Arvind Kejriwal's statement about his plans to file a complaint against the Bharatiya Janata Party (BJP) to the Election Commission (EC)   In a...

Read More

Free Helpline
Legal Credit
Feedback