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Korean firms keen to invest in India, says Ambassador
30 Oct 2014 at 7:32am
Korean firms are now more keen to invest in India, upbeat about the country's investment climate after the new government led by Narendra Modi unveiled its economic vision, the country's Ambassador on Thursday said.


Industry hopes new Maharashtra government will fast-track infra projects
30 Oct 2014 at 7:11am
As the BJP is set to form the next government in Maharashtra on Friday, industry experts want the new chief minister to expedite the delayed infrastructure projects in the state and revive investment in key sectors by removing bureaucratic bottlenecks.


Rupee drops to 2-week low vs US dollar after Fed sticks to low rates
30 Oct 2014 at 5:43am
Moving in opposite direction to stocks, the rupee on Thursday fell for the fourth day, dipping 10 paise to close at two-week low of 61.45 against the Greenback after US Federal Reserve kept in place its plans to maintain record low interest rate for some more time.


Sensex, Nifty hit new highs on reforms, Fed rate stance
30 Oct 2014 at 4:14am
The benchmark Sensex on Thurdsday surged about 248 points to end at record closing peak of 27,346.33 on across-the-board buying by investors after government eased rules for FDI in construction sector and US Federal Reserve reiterated its plan to keep interest rates at record lows.


Sensex hits record high; IT, realty & oil stocks surge
30 Oct 2014 at 1:32am
A benchmark index of Indian equities markets on Thursday was trading flat at 16.96 points or 0.06 percent up as IT stocks gained.


Global brands imbibing Indian values to boost luxury consumption
30 Oct 2014 at 12:26am
Luxury brands are finding new patrons from small towns who have both money as well as taste. This is an evident change since non-metro regions today account to nearly 45 per cent of lucrative growth opportunities for the luxury segment players in India.


Black money case fallout: India pulls out of multilateral information sharing...
29 Oct 2014 at 9:55pm
A day after the Centre submitted its list of 627 Indians who have accounts in HSBC bank, Geneva for tax probe for suspected black money to Supreme Court, India has pulled out of multilateral information sharing agreement.


Sensex trades flat; IT stocks gain
29 Oct 2014 at 9:53pm
A benchmark index of Indian equities markets on Thursday was trading flat at 16.96 points or 0.06 percent up as IT stocks gained.

Rupee down 19 paise against dollar in early trade
29 Oct 2014 at 9:39pm
The rupee depreciated by 19 paise to 61.54 against the US currency in early trade at the Interbank Foreign Exchange today due to the dollar's gain against other currencies overseas.


India can grow at 8-9 per cent; good governance key: Arun Jaitley
29 Oct 2014 at 11:45am
India has the capacity to grow at 8-9 per cent and good governance would make economic expansion "more exuberant", Arun Jaitley said.


India lifts domestic wheat purchase price by 3.6 per cent
29 Oct 2014 at 10:59am
The government has raised the price it will pay to buy new-season wheat from local farmers by 3.57 per cent to 1,450 rupees per 100 kg, encouraging the crop even though supply has exceeded demand for eight years.


Government relaxes FDI norms for construction, real estate sector
29 Oct 2014 at 8:22am
In a boost to cash-starved real estate industry, government today relaxed rules for FDI in the construction sector by reducing minimum built-up area as well as capital requirement and easing the exit norms.


Very little sense in DGCA's new proposal for commercial flying: Air charter o...
29 Oct 2014 at 6:47am
Air charter operators have come attacked a DGCA proposal to bar them from commercial flying if they do not have a three-aircraft fleet within a year of operations, saying the move made "very little business sense" and would retard connectivity to remote areas.


Sensex soars 217 points to five-wk high ahead of Fed meet outcome
29 Oct 2014 at 5:12am
The benchmark Sensex on Wednesday surged 217 points to end at five-week high of 27,098.17 powered by gains in interest rate sensitive stocks, tracking rally in global markets ahead of the outcome of US Federal Reserve's policy meeting.


Rupee up 7 paise against dollar in early trade
28 Oct 2014 at 9:10pm
The rupee strengthened by seven paise to 61.25 against the dollar in early trade on at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks.



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