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Rupee ends 21 paise lower vs US dollar; snaps 3-day winning run
18 May 2015 at 5:51am
The rupee snapped its three-day winning spree against the American currency by falling 21 paise to 63.72 on fresh dollar demand from banks and importers in view of a firm dollar in the overseas market.






Late surge drives Nifty above 8,350, Sensex ends up 363 points
18 May 2015 at 3:51am
After consolidating for second straight day, late surge drove market on higher levels. The Sensex was up 363.30 points or 1.3 per cent at 27687.30 while the Nifty ended up 111.30 points or 1 per cent at 8373.65.






Why auctions for power projects don?t work in India
18 May 2015 at 3:18am
In the last 10 years, India has discovered auctions for itself. All kinds of public resources (such as 3G spectrum) or contracts (such as power purchase agreements, PPAs) are auctioned off.






Rupee gains momentum, up 4 paise against dollar
17 May 2015 at 9:32pm
The rupee appreciated by another 4 paise to 63.47 against the US dollar in the early trade on Monday, extending its winning streak for the fourth day on continued selling of the American currency by exporters.






Markets open on positive note, Sensex up by over 79 points at 27,403, Nifty a...
17 May 2015 at 9:08pm
The market has kick-started the week on a positive note. The Sensex is up 79.82 points or at 27403.82 and the Nifty is up 22.90 points at 8285.25.






CNG price to be increased by 45 paise per kg in Delhi, piped cooking gas in NCR
17 May 2015 at 9:41am
The applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs 27.05 per scm, which is being increased from existing Rs 26.55 per scm.






Jaitley outlines economic road map of Modi government; reasonable taxation to...
17 May 2015 at 7:38am
Making taxation more reasonable and improving ease of doing business will be among his top priorities going ahead, Finance Minister Arun Jaitley said on Sunday, as he outlined the economic road map of the Modi government for its second year.






Reasonable taxation, ease of doing business government's priority: Finance Mi...
17 May 2015 at 4:15am
Making taxation more reasonable and improving ease of doing business will be among his top priorities going ahead, Finance Minister Arun Jaitley said on Sunday, as he outlined the economic road map of the Modi government for its second year.






Modi government scores 7 on 10 for first year's performance: Assocham
17 May 2015 at 2:04am
Giving the Modi government 7 out of 10 for its first year's performance, Assocham on Sunday said it still needs to cover some ground on tax issues and a lot more needs to be done on improving ease of doing business.






One year of Modi government, not much to cheer about for aviation sector: Exp...
17 May 2015 at 12:23am
With the Narendra Modi government set to complete a year in office, aviation industry experts say the sector hasn't had much to cheer about during this period as the much-needed reforms have either been in a go-around mode or in holding pattern.






New income tax return forms to be far more simplified, says FM Arun Jaitley
16 May 2015 at 7:12am
The controversial new income tax return forms, which had been put on hold, will be "far more simplified", Finance Minister Arun Jaitley said on Saturday, but kept the suspense on if the requirement of disclosing all bank accounts and foreign travels will be retained.






ICICI bank opens first branch in China
16 May 2015 at 5:09am
ICICI Bank Ltd (ICBK.NS), India's biggest private sector lender by assets, on Saturday opened its first branch in China as trade between Asia's two key economies flourishes.






Switzerland agrees to cooperate in Modi government's fight against black money
15 May 2015 at 11:06pm
Extending support to the Narendra Modi government's fight against black money, Switzerland has now committed to cooperate. Switzerland's Economic Affairs Minister Johann Schneider Ammann said the Swiss Parliament will consider changes in laws to facilitate the sharing of information in cases being probed on the basis of data stolen from swiss bank accounts.






Narendra Modi promotes 'Make in India' campaign, 21 deals signed between Indi...
15 May 2015 at 9:22pm
On the third day of his visit to China, Prime Minister Narendra Modi met CEOs of top Chinese companies in Shanghai on Saturday. Taking ties to a new level, 21 Memorandum of Understandings were signed between Indian and Chinese companies.






List of Chinese companies CEOs who met Narendra Modi
15 May 2015 at 7:59pm
Prime Minister Narendra Modi met CEOs of top Chinese companies in Shanghai on Saturday. Twenty one Memorandum of Understandings have been signed between Indian and Chinese companies. Representatives from top Chinese companies such as Alibaba, Xiaomi and Huawei attended the meeting.







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