Anil Ambani hits at Oil Ministry for volte-face on gas price; moves PM
Industrialist Anil Ambani has virtually accused the oil ministry of doing a volte-face on gas pricing, saying its stand in the Supreme Court was in total variance with what it had said in Parliament, reports PTI.

Seeking protection against what he called the overt and covert attempts and ‘partisan and biased approach’ of the petroleum ministry to intervene in a commercial dispute...

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The big news of this fortnight is the seemingly miraculous jump in the share prices of most automobile companies in India. However, if one analyses slightly deeper, this should not have sounded as amazing as it does. Most analysts seem to be looking only at balance sheet numbers and domestic sales to enliven their research. They would be well advised to also look at shipping figures for export...
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Few takers for the new pension scheme
Lack of tax incentives and inadequate awareness about the New Pension System (NPS) has largely turned unappealing for the investors. The scheme barely could attract 1,109 subscribers toll 31st July, reports PTI.

Pension Fund Regulatory Development Authority (PFRDA) rolled out NPS for all citizens from 1st May. Till 31st July, barely 1,109 forms were collected by the 22 points of...

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