FTA talks may figure in Sitharaman’s London meetings

Issues related to the proposed free trade agreement (FTA) and bilateral investment treaty between India and the UK are expected to figure during the three-day visit of Finance Minister Nirmala Sitharaman to London from April 8-10, official sources said. Photograph:

Renault to buy out Nissan’s stake in Indian JV

French auto major Renault on Monday said it will buy out its Japanese partner Nissan’s stake in their Indian joint venture — Renault Nissan Automotive India Private Ltd. Renault Group would own 100 per cent of Renault Nissan Automotive India

Pipeline tariffs: CNG, piped gas to be charged lowest rate

In a significant change to regulations, oil and gas regulator PNGRB has proposed a new policy of how tariffs for pipelines carrying gas to users will be determined, and proposed charging city gas entities selling CNG and piped cooking gas

Not All Need Subsidies: Finance Secy

‘If in our cities, all urban bus transport services are free, then taxpayers are paying for it, or if electricity were to be made free, that’s a huge cost to the rest of the people.’ IMAGE: Finance Secretary Ajay Seth.

Factors that will guide the markets this week

The implication of April 2 reciprocal tariffs on global trade, trends in overseas markets and trading activity of foreign investors would dictate equity investors’ sentiment in a holiday-shortened week ahead, according to analysts. Stock markets would remain closed on Monday

After cement, Adani and Birla to compete in wire & cable industry

After cement, billionaire Gautam Adani’s group and Kumar Mangalam Birla’s Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into the high double-digit growth sector. In less than a month,

Haldiram inks pact with Temasek as strategic investment partner

Haldiram has entered into an agreement with Temasek as part of which the Singapore-headquartered global investment firm will “acquire an equity stake from the existing shareholders” of India’s largest packed snack and sweets company and restaurant operator, according to a

Rupee’s Best Gain in 6 Years!

‘I don’t see 88 per dollar now.’ Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Free stock photos from www.rupixen.com/Pixabay.com   The rupee logged its highest monthly gain this March in over six years

Upstream oil companies return to Andaman Sea, dig offshore wells

In a significant move, state-run oil producer Oil India Limited (OIL) has finished drilling its first well in the Andaman sea while Oil and Natural Gas Corporation (ONGC) has just started drilling operations in the area, said officials. Photograph: Lucy

India, US decide to hold sector-specific talks for proposed trade pact

India and the US have decided to hold sector-specific talks in the coming weeks to finalise the structure of the proposed bilateral trade agreement (BTA), the government said on Saturday. Photograph: Lucy Nicholson/Reuters The engagement between the two countries came