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Gold prices remained steady at Rs. 26,320 per 10 grams at the bullion market on Friday on scattered buying by jewellers and retailers even as the precious metal strengthened overseas.Silver...
Britain has applied to join a proposed Chinese-led Asian regional bank that Washington worries will undercut institutions such as the World Bank. The British Treasury said on Thursday it wi...
A sudden bout of selling washed out the benchmark BSE Sensex’s initial gains and the index fell by 102 points in late morning trade despite firm Asian cues and fresh capital inflows.The 30-...
The Income Tax Department has slapped a Rs. 20,495-crore tax demand on Cairn India for failing to deduct withholding tax on alleged capital gains made by its erstwhile promoter, Cairn Energy. ...
The benchmark BSE Sensex regained the 29,000-mark by soaring 253 points and the NSE Nifty again breached the 8,800-level in opening trade on Friday on foreign capital inflows and buying by investor...
The rupee appreciated by seven paise to 62.43 against the U.S. dollar in early trade on Friday at the Interbank Foreign Exchange on fresh selling of the American currency by exporters and banks.
International Monetary Fund (IMF) chief Christine Lagarde would travel to India and China next week to hold talks with the two important global economic powers.“The visit (to India) present...
Income tax (IT) authorities have slapped prosecution notice on Naresh Goyal-promoted Jet Airways for TDS (Tax Deduction at Source) payments default, official sources said on Thursday. ...
Rocket Internet buys stake in Foodpanda  (13 March 12:48 am) 
A leading investor in start-ups, Rocket Internet, has acquired 52 per cent stake in Foodpanda by heading a 104 million euro (about Rs.688 crore) funding round in the online food ordering site.
Orient launches premium fans  (13 March 12:48 am) 
Orient Electric, part of the CK Birla group, has launched a new range of ceiling fans with a promise of 50 per cent less energy consumption when compared with other fans.The new range, whic...
Lukewarm response to its Rs.470-crore IPO forced the company to revise the offer price downwards besides extending the date of closure
Give a miss, hurt a dream  (13 March 12:48 am) 
It is most probably during the mid career stage (between the ages of 30 and 40) that women have the greatest share of family responsibilities.
Within minutes of Parliament approving higher foreign investment in the insurance sector, a number of insurers, including from Bharti, Reliance, Max India and SBI groups, said their overseas partn...
Assuring UK that no new retrospective taxation cases will be invoked, India on Thursday told visiting British Foreign Secretary Philip Hammond that the tax case involving Cairn has to follow due p...
The new range boasts of superior engineering, all-new safety and comfort features and improved fuel efficiency.
he retail inflation rose to 5.37 per cent in February on higher prices of food items, including vegetables and beverages.
Industrial production grew 2.6 per cent in January mainly on account of improvement in manufacturing activity and better offtake of capital goods.The growth in factory output, as measured b...
Rupee rebounds 28 paise  (12 March 06:49 pm) 
A weak dollar overseas also helped the rupee recover from two-month lows,
Online marketplace Snapdeal is in talks with e-commerce giant Alibaba for upto USD 700 million investment, which will expand the Chinese firm’s footprint in India, sources said. The global...
Sensex closes 264 points up  (12 March 04:47 pm) 
Breaking a streak of three consecutive losses, a benchmark index of Indian equities markets — the 30-scrip BSE Sensitive Index (Sensex) — made healthy gains during Thursday’s closing session.
The Union government has advised PSU banks to step up lending to minorities with a view to ensuring that they get loans in proportion to their population.The decision to increase lending to...
Questioning India’s GDP figures  (12 March 01:46 pm) 
A post-Budget survey of 189 CEOs and CFOs has found that a majority of them find the Central Statistical Organisation’s new growth estimate of over 7 per cent for 2014-15 to be too optimistic and
The gauge had lost 790 points in the previous three sessions.
Calling for a whole set of structural reforms, the International Monetary Fund has said there is no reason why India could not resume an eight or nine per cent or even higher growth rate in the com...
The rupee strengthened by 11 paise to 62.67 against the dollar in early trade on Thursday at the Interbank Foreign Exchange on fresh selling of the U.S. currency by exporters and banks.Fore...