Australia's jobless rate falls to 6.2%

Last Updated: Thursday, September 10, 2015, 09:31

A total of 17,400 jobs were added to the economy last month, 11,500 full-time and 5,900 part-time, the figures from the Australian Bureau of Statistics showed.

Adani loses key customer for Carmichael mine in Australia

Last Updated: Thursday, September 3, 2015, 12:21

LG issued a statement yesterday saying, "The LoI concluded by and between LG International Corp and Adani Mining Pty Ltd was non-binding and is invalid as of July 21, 2015 in accordance with the expiration of the LOI".

Sun Pharma completes acquisition of GSK Australia opiates biz

Last Updated: Tuesday, September 1, 2015, 13:01

The company has started the integration of opiates business after completion of the deal, which would strengthen its position in global market and expand its narcotics raw material (NRM) market share.

Australia keeps interest rates at record low

Last Updated: Tuesday, September 1, 2015, 12:41

"The board on Tuesday judged that leaving the cash rate unchanged was appropriate at this meeting," RBA governor Glenn Stevens said in a statement.

Australia's Fortescue profits dive 88%

Last Updated: Monday, August 24, 2015, 08:37

Fortescue, one of the world`s big four iron ore exporters along with Australia`s BHP Billiton and Rio Tinto, and Brazil`s Vale, made a profit of $316 million for the 12 months to June 30, down from $2.74 billion a year earlier.

Australia moves to reduce legal challenges to mining projects

Last Updated: Wednesday, August 19, 2015, 19:47

Australia plans to change the law to stop environmental groups from launching "endless legal sabotage" against developments, Prime Minister Tony Abbott said Wednesday after a court this month blocked a massive India- backed mine.

Adani hits out at activists after Standard Chartered exit

Last Updated: Tuesday, August 11, 2015, 15:44

Indian firm Adani Tuesday accused environmental activists of exploiting legal loopholes to stall a massive Australian coal mine, after Standard Chartered bank withdrew as a financial adviser to the project.

Adani's mine project: India conveys disappointment to Australia

Last Updated: Tuesday, August 11, 2015, 15:11

India has conveyed its disappointment to Australia over the derailing of mining giant Adani's controversial 16.5 billion dollar project in Queensland on issues relating to environment.

Another blow for Adani! Australian bank ends adviser role

Last Updated: Thursday, August 6, 2015, 07:23

Commonwealth Bank of Australia (CBA), the country's largest lender, said it's advisory role has concluded.

Australian court revokes environmental approval for Adani's Carmichael coal mine

Last Updated: Wednesday, August 5, 2015, 07:15

Australia`s Federal court on Wednesday overturned government environmental approval for the Carmichael coal mine under construction in the Australian outback by Indian conglomerate Adani Mining .

FDI inflows rose in 2014-15 from 3 countries visited by Modi

Last Updated: Thursday, July 30, 2015, 19:59

FDI inflows increased in 2014-15 from three countries out of four major investing nations visited by Prime Minister Narendra Modi last fiscal with Australia showing a decline, government said Thursday.

After Valcambi acquisition, Rajesh Exports eyes Australian gold market

Last Updated: Tuesday, July 28, 2015, 11:06

"We are very very seriously looking ... We have a lot of interest coming from (Australia], we have made a list of interesting assets there and we will be taking that forward," said Rajesh Mehta, the company's chairman.