Seven years after it was first introduced by the UPA, a bill seeking to raise FDI cap in insurance sector from 26% to 49% was finally approved by Indian Parliament with the consideration of the Upper House

The Supreme Court of India gave Sahara another three months to come up with a final proposal to raise funds against its assets to secure bail for its founder Subrata Roy.

Tata Sons chairman emeritus Ratan Tata has been appointed as the head of an innovation council of Indian Railways called 'Kayakalp', the government said.

The Life Insurance Corporation (LIC) has agreed to invest Rs 1,500 billion in Indian railways for modernization and upgradation of its infrastructure over the next five years.

Foreign direct investment (FDI) in India more than doubled to USD 4.48 billion in January, the highest inflow in last 29 months

India has overtaken the US to become the third-biggest steel producer in the world with a production of 14.56 million tonnes (MT) in first two months of the year.

The Narendra Modi government unveiled a set of stringent provisions, including a 90% penalty on those who have undisclosed foreign assets and income overseas as it introduced a Bill to deal with black money stashed abroad

India's income tax department has slapped a Rs 102.47 billion ($1.6 billion) tax demand on Cairn Energy, which termed the action as “very disappointing” and said it would contest the order