Archive for October, 2010

State Bank of India has directed its overseas branches to stop transactions with Iranian entities. An internal circular issued by India’s largest bank to its branches last month shows India has also tacitly joined international sanctions against the ... Full story

Morgan Stanley chief executive James Gorman wasn't going to miss his chance. It didn't matter that he was on holiday. Full story

Money continued to be in short supply on Wednesday as the overnight call rate moved up marginally to 6.8% and the 365... Full story

The rupee declined to the lowest level in two weeks as Asian stocks dropped and on speculation overseas investment will.. Full story

Barely a day after his Cabinet colleagues advocated allowing foreign direct investment in multi-brand retail, food and... Full story

The road transport and highways ministry has demanded Rs 3,400 crore from the finance ministry for repairing roads... Full story

State road transport corporations, some of which are incurring losses in crores of rupees every year, may soon be... Full story

The petroleum ministry will take a final view on the $8.46 billion-Cairn-Vedanta deal by the end of this calender year. Full story

Railway minister Mamata Banerjee expressed opposition to forcible acquisition of land. Full story

Soon, passengers will not need to buy ticket every time for travelling. Instead of ticket, one can purchase a rechargeable smart card that can be swapped to board a train. Full story