Business

The survey picture was mixed in the euro zone, where seven countries were now pointing towards a positive change.

The ministry has suggested an additional one per cent subsidy on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other can get crop loans at seven per cent interest rate.

The company would finalise its strategy after looking at the base price and the reserve price for the spectrum.

Growth in current fiscal year likely to be between 7 and 7.5 per cent due to global economic uncertainty, said Singh.

The Supreme Court on Thursday revoked 122 telecoms licences issued under a scandal-tainted 2008 sale.

The apex court has given four months' time to the country's telecom regulator to look into the matter.

Lawyer Majid Menon said that those companies who were not even involved in the scam will have to suffer.

Although no specific reason was given for not allowing sharing of spectrum, sources said this may be allowed in case of two operators having similar frequency bands.

The Reserve Bank of India had raised rates 13 times between March 2010 and October 2011.

Iran is India's second largest supplier of crude oil after Saudi Arabia.

RIL would buy back from the open market at a maximum price of Rs 870 apiece in its first share buyback since 2005.

TCS' operating margin in the third quarter was up 218 basis points at 29.2 per cent.

The telecom tribunal has set aside all penalties imposed on new telecom operators for delay in rolling out services.

The Tata Sons chairman however admitted that the company wasted an early opportunity on the car.

The swap agreement will provide emergency liquidity in case the European debt crisis reaches emerging economies.

The cash will be used by a newly-created fund manager to buy stock in state-run companies.