GMR Group plans to buy 100-150 million tonne capacity coal mine in Indonesia to feed 1,500 mw power generation capacity for 20 years.

President-elect Barack Obama is set to wrap up his Cabinet choices by naming U.S. Representative Hilda Solis of California as his pick for labor secretary and former Dallas Mayor Ron Kirk as trade representative, according to Democratic officials and people

Samajwadi party leader and Rajya Sabha member Amar Singh, steel tycoon Lakhmi Mittal and eminent businessman Tusli Tanti are among those who paid $1 to 5 million to the Clinton foundation, according to a list of donors released on Friday.

The Haryana government has decided to bring 5,000 acre under organic farming in the state.

The last decade has witnessed a dramatic increase in employment within the organised and semi-organised sectors in India. Most of this employment-generation is happening in people-intensive sectors.

There is widespread dissatisfaction with Growth National Product as a country's overarching goal. It has major conceptual flaws.

Releasing the first ever survey of corporate India's environment consciousness, RK Pachauri, chair of the Nobel prize winner Inter Governmental Panel on Climate Change, said on Friday, "If we want to succeed economically, we have to move towards low carbon

Describing militant groups operating in Pakistan as a "threat" to the world, the US has asked Islamabad to cooperate with India in probing the Mumbai attack and try to get to the bottom of the terror network to dismantle them

Borrowing from international markets could now be opened for the real estate companies, the only industrial sector that has so far not been allowed to tap the route.

With the third largest Japanese drug maker Daiichi Sankyo completing the acquisition of Ranbaxy Laboratories Ltd, the two companies in question on Friday jointly announced the reconstitution of Ranbaxy's board of directors.

As steel companies worldwide witness a slump in demand from user industries like automobile and construction amid the economic crisis, the World Steel Association has noted that global steel output fell by 19% to 89 million tonne in November against

The rupee retreated from a one and half month high on Friday as the euro's fall against the dollar raised expectations of a stronger US currency, but hopes of capital inflows checked losses, traders said.

In an effort to prevent land disputes among farmers and to benefit them through welfare schemes, the Uttar Pradesh government has roped in the services of Remote Sensing...

The Bank of Japan cut its key policy rate to 0.10 percent on Friday, the lowest since 2006, and moved to pump funds into the market to ease a corporate credit crunch as the yen's rise and crumbling demand batter

Even as infrastructure companies go slow on their expansion plans amid the economic downturn, GMR Group is bullish on the power sector and is looking at setting up a greenfield power project in Europe.

Inflation is falling faster than expected because global food prices fell quickly and global fuel prices are now falling fast.

Minister for minority affairs AR Antulay, who caused considerable embarrassment for the Congress with his controversial comments on the killing of Mumbai ATS chief Hemant Karkare, is set to lose his job.

Technological convergence could be key differetiator in retailing in the coming decade to such an extent that the customer gets the Gandhi-charka-khadi personal involvement in the product he buys, say experts.

The largest mortagage lender, Housing Development Finance Coroporation, has reduced its retail prime lending rate by 50 basis points, effective from December 22.

The UPA's top economy managers have pointed to more aggressive monetary measures and interest rate cuts to prevent India's growth slowdown from snowballing, especially in light of the rapid decline in inflation in recent weeks.