Business News Headlines

In order to increase urea production, the government is considering reviving closed units and has drawn up a new investment policy to attract investments in this sector, the Rajya Sabha was told Friday.

Construction major Gammon Infrastructure has bagged a highway project worth Rs.850 crore from National Highways Authority of India (NHAI), the company said Friday.

A late rally by banking and energy stocks Friday helped a benchmark index close above the 17,000-mark, up 1.47 percent, after languishing in the negative terrain for most part of the day.

Sugarcane stems and broken dustbins at Janpath market in the heart of the capital Friday bore testimony to the vandalism by farmers, a day after nearly 30,000 of them descended here from Uttar Pradesh to protest the new sugarcane pricing policy.

The government's allocation for the natural rubber sector is not enough for expanding the area under cultivation or enhancing production, according to Rubber Board of India chairman Sajen Peter.

Malaysian low-cost carrier AirAsia is planning to make Bangkok a hub next year to expand connectivity to Indian cities, a senior company official said Friday.

India must set an export target of $300 billion by 2014 as global economies would recover by then, says the Associated Chambers of Commerce and Industry of India (Assocham).

Bihar's per capita energy consumption is the lowest in the country and the government's rural electrification campaign is a "failure", according to a report by the Greenpeace India Society.

A benchmark index of the Indian equities markets was trading on a volatile note a little after Friday noon and was down 0.61 percent from its previous closing figure.

After ending nearly 215 points down a day before, a key Indian equities index opened on a weak note yet again Friday in line with the mood in other Asian markets on concerns over the short-to-medium term global economic outlook.