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Government is expected to earn a revenue of over Rs 6,700 crore after Chhattisgarh successfully conducted mine lease auction for two large limestone blocks.

A senior Chinese government official met Friday with a representative of the Spanish embassy in Beijing to express a "high level of concern" over a money-laundering and tax-fraud probe of China's ICBC bank in Madrid that has led to six arrests.

The World Bank has decided to lend support to the Rajasthan government on energy reforms and a detailed project report has been prepared in this regard. The decision was taken at a meeting between World Bank's country director in India, Onno Ruhl, and Rajasthan chief minister Vasundhara Raje in Jaipur.

India's mines ministry wrote to the finance ministry on Friday, proposing a cut to the export duty on high-grade iron ore to 10 percent from the present 30 per cent, mines secretary Balvinder Kumar said. He said prices are so low now that exports are not viable.

Iran has indicated that it wants to settle payments for its new and outstanding oil sales in euros and not in dollars or any other currencies.

India's oil imports from Saudi Arabia and Iraq hit the highest in over a decade last month as Opec's top producers gained at the expense of Latin American oil — a validation of the Opec policy of maintaining output and fighting for market share. Saudi Arabia was the top supplier ...

India's oil imports from Saudi Arabia and Iraq hit the highest in over a decade last month as Opec's top producers gained at the expense of Latin American oil — a validation of the Opec policy of maintaining output and fighting for market share. Saudi Arabia was the top supplier ...

The head of Japan’s state-backed corporate turnaround fund said Friday its proposal to help Sharp Corp. compares favorably with a rival offer from a Taiwanese company. Toshiyuki Shiga, chairman and chief executive officer of the Innovation Network Corporation of Japan, stressed that its plan goes beyond Sharp’s revival and involves ...

The dollar dropped to under ¥113 in Tokyo trading on Friday, as a fallback in Japanese stock prices fueled a risk-averse mood. At 5 p.m., the dollar was at ¥112.94-95, down from ¥113.93-94 the same time Thursday. The euro was at $1.1117-1118, down from $1.1127-1127, and at ¥125.57-58, down from ...