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There is no proposal to raise debt limits for foreign investors: RBI deputy

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RBI repurchased just $2.09 billion of government bonds

Vodafone, government agree to extend date for selection of third arbitrator

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The extension in the deadline may resolve the Rs 20,000 crore tax dispute case

OECD unveils proposals to curb corporate tax avoidance

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It may eliminate structures that have allowed firms to shave billions of dollars off their tax bills

US safety chief raps GM’s recall culture

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GM put its own reputation ahead of customer safety: Friedman

Merge NSEL with FTIL: Forward Markets Commission

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Stating that crisis-hit NSEL is “bereft of any credibility”, regulator FMC on Tuesday said it has recommended the government consider merger of the spot commodity exchange with its promoter Financial

Uday Kotak says Jan Dhan is difficult

Kotak Mahindra Bank vice chairman and managing director Uday Kotak said on Tuesday that ‘Jan Dhan’ scheme may be visionary but there is a challenge in execution.

Railways earnings up by over 10 per cent

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Railways has generated Rs 40,358.24 crore from freight traffic during April-August 2014

Gold, silver prices decline on sluggish demand

Reliance Industries Limited

Gold prices fell by Rs 60; silver shed Rs 110

Coal stock position at thermal plants likely to stabilise soon

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Land acquisition problems and bottlenecks in coal transportation will also be improved

Market Wrap

GMR infra gets US equity firm KKR’s $175m deal for financing

US private equity firm KKR & Co has agreed to provide about $175 million in financing to India’s GMR Infrastructure Ltd in a debt and equity deal, a source with direct knowledge of the matter said.

Chanakya believed that the unfolding present will cast its shadow on the configuration of the future. That is why he believed that analysing the situation as it exists today, provides the material for devising the strategy that must be shaped for the morrow. There is a causal continuity between the past, present and the future.

The Bharatiya Janata Party is desperate to form a government in Delhi, but its attempts to cobble together the requisite numbers keep hitting a roadblock.