Around 400 districts in the country will be covered city gas distribution (CGD) networks in the next 2-3 years, taking India closer to realising a gas-based economy, Prime Minister Narendra Modi said on Thursday. ....

Chinese venture capital (VC) funds are likely to invest around $30 million in eight Indian start-ups, the Ministry of Commerce and Industry said after the 2nd Startup India Investment Seminar held in Beijing on Tuesday. ....

Jet Airways on Monday reported a net loss of Rs 1,297.46 crore for the second quarter ended September, against a net profit of Rs 49.63 crore a year ago. ....

Finance Minister Arun Jaitley on Sunday termed the Goods and Services Tax as a 'monumental' reform, emphasising that the implementation of the indirect tax had impacted economic growth for only two quarters. ....

A Gujarat court on Thursday declared fugitive diamantaire Nirav Modi as a "proclaimed absconder" in a customs duty evasion case filed in March and ordered him to appear in person on November 15. ....

The Enforcement Directorate on Tuesday said that it has arrested from Kolkata a director of a shell company of fugitive diamentaire Mehul Choksi in the Rs 13,500 crore Punjab National Bank (PNB) fraud case. ....

Finance Minister Arun Jaitley on Tuesday held the central bank responsible for the mountain of bad loans, saying the Reserve Bank looked the other way when banks lent indiscriminately during 2008-14 to keep the economy humming. ....

The Reserve Bank of India (RBI) on Tuesday said there was no liquidity crisis in the non-banking financial companies, assuaging the government's concerns that a cash crunch in the shadow banking space could have a ripple effect through the wider economy. ....

India and Japan will start a 2+2 Ministerial Dialogue involving their respective foreign and defence ministers to work for peace and stability in the world, Indian Prime Minister Narendra Modi Narendra Modi said on Monday. ....

The Enforcement Directorate on Tuesday filed chargesheet under the anti-money laundering law against Sandesara brothers and their Gujarat-based pharmaceutical company Sterling Biotech Limited (SBL) in the fraudulent Rs 8,100-crore loan from domestic as well as offshore branches of Indian banks during 2004-2012. ....