Business News
Utkarsh AnandJun 5, 2014
The bench declined to modify the bail order passed by the previous bench.
ENS Economic BureauJun 5, 2014
Six leading PSUs that have over 75% govt holding could unlock R48,000 crore at Wednesday’s price.
Jaitley seeks detailed update on R5,500-cr NSEL payment scam Subscriber Only
Based on the presentation MoF to decide on mergers of regulators.
Press Trust of IndiaJun 4, 2014
Govt considering plan to form company to take over bad loans Subscriber Only
FinMin is considering a proposal to set up a National Asset Management Company.
Press Trust of IndiaJun 4, 2014
BSE Sensex retreats from record levels; IT exporters hit Subscriber Only
In choppy trade, the BSE Sensex today retreated from record levels to close down by 52 points as investors booked profits in IT, oil & gas and FMCG shares. The 30-share barometer had opened on
ReutersJun 4, 2014
FDI in e-commerce will pave the way for global majors like Amazon, eBay to expand their business.
ReutersJun 4, 2014
HSBC Services PMI rose to 50.2 in May, driven by a surge in new business.
Jun 4, 2014
The concerns raised by the USFDA are similar to those found at its facilities in India in the past.
ReutersJun 4, 2014
Apple did not provide details on the approved virtual currencies. Apple spokeswoman Kristin Huguet did not immediately respond to an email seeking more information.
ENS Economic BureauJun 4, 2014
The broader Nifty, too, rose by 0.7 per cent to close at a new high of 7,415.9.
Mihir MishraJun 4, 2014
Restarting talks with FAA top priority Subscriber Only
A senior DGCA official explained that they need to complete the procedure of hiring 58 FOIs before they could write a letter to the FAA asking them to initiate an audit.
Amitav RanjanJun 4, 2014
OilMin had asked for tax holiday for offshore blocks or exemption from royalty payments.
Nandagopal RajanJun 4, 2014
Intel announces smaller processor, SoC aimed at cheaper phones Subscriber Only
It is estimated that globally there will be over 50 billion connected devices by 2017 .
Mihir MishraJun 4, 2014
Carrier was to charge R199 for baggage weighing up to 15 kg.
Sandeep SinghJun 4, 2014
Govt to bring bill to ratify Sebi’s extended powers Subscriber Only
The ordinance now in place gives Sebi the right to go after companies like Sahara for instance, which ran collective investment schemes without obtaining the regulator’s approval.
ENS Economic BureauJun 4, 2014
In his first bi-monthly monetary policy review on Tuesday after the new government took charge at the Centre, RBI Governor Raghuram Rajan kept the repo rate, the benchmark rate at which RBI lends funds to
Press Trust of IndiaJun 3, 2014
Bankers rule out lending rate reduction after SLR cut Subscriber Only
The decision to hold the rates reflects the current level of inflation.
Press Trust of IndiaJun 3, 2014
Retail inflation, excluding food, fuel, still elevated, target is 6 pct, says Raghuram Rajan Subscriber Only
If disinflation is faster than currently anticipated, it will provide headroom: Raghuram Rajan
ReutersJun 3, 2014
BSE Sensex index rose 0.7 percent to a record closing high of 24,858.59.
Press Trust of IndiaJun 3, 2014
Raghuram Rajan’s RBI keeps repo rate unchanged at 8%, reverse repo at 7%, slashes SLR by 0.5% Subscriber Only
The Reserve Bank of India was expected to leave the key interest rate unchanged...
Press Trust of IndiaJun 3, 2014
India slips to seventh spot on FDI confidence index Subscriber Only
India has slipped to its lowest position in over a decade in the foreign direct investment confidence index
ReutersJun 3, 2014
NSE index futures traded on the Singapore Exchange up 0.32 percent
Press Trust of IndiaJun 3, 2014
Jet fuel price cut by 1.8%, non-subsidised LPG by R23.50 Subscriber Only
The price of non-subsidised LPG was cut by Rs 23.50 per cylinder.
Shruti SrivastavaJun 3, 2014
Semi-column: What biz chambers should not ask the FM Subscriber Only
This includes asking for continuing with the fiscal stimulus, which if accepted will stymie the movement towards a goods and services tax.
ENS Economic BureauJun 3, 2014
The tariff value on imported gold stood at $424 per 10 grams and silver at $650 per kg in May.
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