Yearender 2014

Steel sector stares at tough times in 2015, but hope afloat

With an above-global average output growth, India has retained its position as the world's fourth-largest steel producer this year but faces tough times ahead in 2015 amid growing imports and other concerns.

Dec 24, 2014, 12:44 PM IST

CCI packs punch for fairness; slaps Rs 2,700 cr fine in 2014

Wielding its powers for fairness, the Competition Commission of India (CCI) clamped down on violators and slapped penalties worth about Rs 2,700 crore this year, with its ruling in the USD 4 billion Sun-Ranbaxy deal becoming a watershed moment.

Dec 23, 2014, 14:49 PM IST

India's ties with S-E Asia gained momentum in 2014

The year 2014 turned out to be a turbulent one for South East Asia with two plane tragedies and a coup hitting global headlines, even as India's ties with the key region gained momentum with the new Indian government turning the 'Look East' policy into an 'Act East' strategy.

Dec 23, 2014, 13:38 PM IST

Rising from near-death in 2014, Aadhaar eyes 100-cr milestone

It was billed as just another identity number at the start and critics were seen writing its epitaph in 2014, but Aadhaar laid a strong foundation for itself and is set to be a preferred tool for various people- focussed initiatives of the government in the new year.

Dec 23, 2014, 13:37 PM IST

After pitch-dark 2014, coal aims to discard scam taint in 2015

In an urgent need for its image makeover, the scam-tainted coal sector will require mammoth efforts in 2015 from the government and the corporates, after a year full of adversities and stuck projects undermined investments totalling billions of dollars.

Dec 23, 2014, 12:30 PM IST

EPFO set for major overhaul in new year

EPFO could not do much about expanding its investment options to maximise the returns for providing higher interest rate to its subscribers during 2014, and fresh attempts can be made in the new year in this regard.

Dec 22, 2014, 12:39 PM IST

Indian debt sells like hot cake abroad; fetches $19-bn in 2014

Across all investment grade categories, the Indian companies and banks mopped up a record high amount of USD 19 billion in 2014 -- led by corporate giant Reliance Industries that grossed up a hefty USD 3.3 billion in forex debt.

Dec 22, 2014, 12:16 PM IST

Retail grows to $560-bn in 2014; FDI hopes hang in balance

While the previous UPA government had allowed up to 51 per cent FDI in multi-brand retail, no foreign retailer apart from Tesco had approached the government for permission to set up stores to sell multiple brands under one roof.

Dec 21, 2014, 13:28 PM IST

Raghuram Rajan fights for RBI autonomy amid rate cut rants

Rajan seems to have followed the principle laid out by former US Federal Reserve chief Ben Bernanke, who had famously said that "the central bank needs to be able to make policy without short term political concerns".

Dec 21, 2014, 12:49 PM IST

Small scrips fetch bigger returns on Dalal Street in 2014

The spectacular rally on Dalal Street has brought cheers for the minnows of the equity market, helping smaller stocks outperform their large blue-chip peers with a bumper surge of up to 60 percent this year.

Dec 21, 2014, 12:34 PM IST

Deal Street witnesses $29-bn M&As in 2014; eyes $40 bn in '15

Albeit muted for most part of the year, Deal Street in India has clocked M&As worth USD 29 billion in 2014 and expects the size to get larger with transactions worth over USD 40 billion in the new year.

Dec 19, 2014, 14:14 PM IST

After a topsy-turvy 2014, automakers eye smoother 2015 ride

Even as the year was drawing to a close, the sales figures remained disappointing with close to 10 per cent decline in the number of cars sold during the first eleven months of 2014 and festival seasons failing to bring any cheer.

Dec 19, 2014, 14:04 PM IST

Nokia exit brings Tamil Nadu back to drawing board

It may have taken years for Tamil Nadu to emerge as a major industrial hub, but it's just one deadly blow served by global giant Nokia's exit that has sent it back to the drawing board to regain its lost glory.

Dec 19, 2014, 12:57 PM IST

After US deal, India to push for Doha agenda at WTO in 2015

It is always a clinical surgery at WTO where a patient can die if you miss the target, says its Chief Roberto Azevedo, which probably explains why the 20- year-old global body could seal its first major trade pact in 2014 after a never-seen-before deal between India and the US.

Dec 18, 2014, 16:58 PM IST

Commodity trading turnover halves to Rs 65-trillion in 2014

Grappling with its biggest ever scam running into Rs 5,600 crore, it appears to be a journey down the hill for the commodity markets with total exchange traded turnover halving to almost Rs 65 lakh crore in 2014.

Dec 18, 2014, 14:20 PM IST

Planning Commission is dead, long live the new Plan!

It has commissioned 12 five-year plans and six annual plans involving fund outlays of over Rs 200 lakh crore in its 65-year-history, but the fabled Planning Commission is itself set to be history as the government gears up to replace it with a new-age institution in the new year.

Dec 17, 2014, 11:24 AM IST

Govt eyes fatter share sale kitty in next year; gets Rs 18K crore in 2014

A top banker, who has advised on some PSU share sales, said the government's disinvestment programme in 2014 began on the right note, but lost track within a few months.

Dec 16, 2014, 14:04 PM IST

After sluggish 2014, India awaits 'promising' 2015 for exports

The overall exports during the first ten months of calendar year 2014 stood at about USD 270 billion.

Dec 15, 2014, 11:13 AM IST