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Cattle trade ban to halt beef exports, lead to job losses

NEW DELHI The Indian government's ban on the trade of cattle for slaughter threatens $4 billion in annual beef exports and millions of jobs if the government does not revoke the stoppage decreed last week, according to two industry officials.

Recent Business News

Coal India March-quarter profit falls 38 percent, misses estimates

State-run Coal India Ltd reported a lower-than-expected fourth-quarter consolidated profit, hurt by higher costs.

Top News, Budget 2017, 29 May 2017

Reliance Communications' shares and bonds plunge as losses and debt woes mount

MUMBAI Indian mobile carrier Reliance Communications' shares and bonds resumed their slide on Monday as concerns over its heavy debt load were reignited after a fourth-quarter loss that sent the company to its first full-year loss.

Budget 2017, Top News 29 May 2017

India's BHEL fourth-quarter profit falls 57 percent, misses estimates

State-run power equipment maker Bharat Heavy Electricals Ltd reported a 57 percent fall in fourth-quarter net profit on Monday, missing analysts' estimates.

Budget 2017, 29 May 2017

Monte dei Paschi says in exclusive talks over bad loan sale

MILAN Monte dei Paschi di Siena said on Monday it was in exclusive talks with a domestic fund and a group of investors over the sale of its bad loan portfolio, which it needs to offload before it can be taken over by the state.

Budget 2017, 29 May 2017

ANALYSIS - New Russian jet heralds carbon manufacturing shake-up

PARIS Russia's new jetliner, which conducted its maiden flight on Sunday, may have a hard time challenging the sales duopoly of Boeing and Airbus, but it does point the way to radical changes in how they could be building jets in the future.

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