EU, Vietnam seal free trade deal

Last Updated: Tuesday, August 4, 2015, 19:03

The EU and Vietnam on Tuesday announced a free trade deal removing nearly all tariffs, with Brussels calling it a "milestone" on the way to a region-wide agreement with Southeast Asia.

S&P downgrades outlook for EU after Greece crisis

Last Updated: Tuesday, August 4, 2015, 09:15

Standard & Poor`s has changed the outlook for the European Union from stable to negative after the bloc`s support for Greece and following Britain`s decision to vote on leaving the EU, S&P reported Monday.

Reasonable rates are key to success of GST: Government

Last Updated: Thursday, July 30, 2015, 15:50

As union cabinet approved changes to the GST Bill suggested by a Rajya Sabha committee, the government on Thursday said it is currently working on the rates to be implemented for the proposed reforms to India`s indirect tax regime.

Cabinet approves Rs 20,000-crore infra investment fund

Last Updated: Wednesday, July 29, 2015, 21:38

The Union Cabinet on Wednesday approved creation of a Rs 20,000-crore National Investment and Infrastructure Fund (NIIF), a sort of sovereign fund, for development of infrastructure projects, including the stalled ones.

Cabinet approves foreign investment in AIFs

Last Updated: Wednesday, July 29, 2015, 21:31

To attract more overseas money into the country, the Union Cabinet on Wednesday cleared a proposal allowing foreign entities to invest in Alternative Investment Funds (AIFs).

Cabinet okays new Consumer Protection Bill

Last Updated: Wednesday, July 29, 2015, 20:37

The Cabinet on Wednesday approved a new Consumer Protection Bill 2015 that seeks to replace a 29-year-old law and proposes to set up a regulatory authority which will have powers to recall products and initiate class class suit against defaulting companies, including e-tailers.

Cabinet likley to approve new Consumer Protection Bill today

Last Updated: Tuesday, July 28, 2015, 23:37

The Cabinet is likely to approve Wednesday a new Consumer Protection Bill 2015, that seeks to replace the existing law and proposes setting up a regulatory authority to curb unfair trade practices.

Union Bank Q1 net dips 22% to Rs 519 cr

Last Updated: Tuesday, July 28, 2015, 13:12

The bank had a net profit of Rs 664.11 crore in the April-June quarter of 2014-15 fiscal.

EU suspends sale of 700 generic drugs made in India

Last Updated: Monday, July 27, 2015, 23:55

European Union nations have until August 20 to suspend the sale of some 700 generic drugs made in India, the EU`s executive confirmed on Monday.

Pharmexcil sees $1.2 billion export hit from EU ban

Last Updated: Monday, July 27, 2015, 18:39

India's business loss arising from the European Union's ban on 700 generic drugs is likely to be around USD 1.2 billion, says industry body Pharmexcil.

EU bans 700 generic drugs for manipulation of trials by GVK

Last Updated: Saturday, July 25, 2015, 14:26

The European Union has banned the marketing of around 700 generic medicines for alleged manipulation of clinical trials conducted by India's pharmaceutical research company GVK Biosciences.

EU-IMF team due in Athens `in coming days`

Last Updated: Friday, July 24, 2015, 23:34

Representatives from Greece`s international creditors are due in Athens in the coming days, the European Commission said, with sources saying logistical issues had pushed back an expected arrival date of Friday.