The SJM says that in preparation of the budget, the Union Government should not remain fixated with reducing fiscal deficit.

Arun Jaitley is away in New York for treatment and would come back to Delhi before the Budget presentation on February 1.

India hopes that with land access, trade via Chabahar can jump from $2 billion now to $70 billion in just a few years

Both solar and wind tariffs have fallen steeply in recent years, but excessive emphasis on lowering tariffs is now threatening India's renewable energy success story.

DBT scheme draft requires states to share burden 70:30, but states are in no mood to bear the burden.

According to the Central Electricity Authority, CEA, the state could not match the peak demand of 20,274 MW of electricity in fiscal 2017/18.

The new governor said that the autonomy of the central bank would be preserved, along with constructive dialogue.

Doha's exit announcement came just a few days before a crucial OPEC meet.

Most economists expect corrections in the implementation of farmer oriented schemes; this includes working out farm debt waivers and improvement in procurement methods.

The new governor will not only have the challenge of meeting the government's expectations but will also have to accept the supremacy of the board.  The appointment, however, may take some time as sources told BT that the government may come up with an advertisement seeking applications

Urjit Patel's resignation from his post as the governor of the Reserve Bank of India, comes just days before the meeting of the central bank's board on December 14

Qatar's Minister of State for Energy Affairs Saad al-Kaabi has announced the country's decision to quit the OPEC. More than the decision, it is the timing of the announcement that raised eyebrows.

The finance ministry earlier said companies should not have to seek prior approval for royalty payment repatriation.

The changed business environment had hit the once-monolithic BHEL hard. It is trying to move with the times, but pitfalls remain.

The last two meetings - on October 23 and November 19 - are indicators that the RBI board from now on will play a more active role in the workings of India's central bank.

Prime Minister Narendra Modi may have shown commitment to quickly conclude the discussion around Regional Comprehensive Economic Partnership, or RCEP, but this partnership agreement can derail his yet to take off Make in India programme.

Will the future of the port depend on a further reduction? Washington, it seems, isn't comfortable enough to respond as yet.

Finance ministry officials said the autonomy of the RBI is within the framework of the RBI Act and is not absolute.

The presence of S. Gurumurthy and Satish Marathe in its central board may not be sitting well with RBI.

The US has only offered replacement of cargoes from Saudi Arabia to Indian refiners.