Business
India on the brink of 'quantum leap', PM Modi tells investors at Vibrant Gujarat Summit
Eight months into Modi's rule, his failure to lift the economy from its longest growth slowdown has raised questions his promise of "red carpet, not red tape".
Global leaders praise PM Modi's development initiatives
Japanese auto giant Suzuki Corp's chairman Osamu Suzuki said Gujarat is superior in terms of infrastructure and administration.
SC allows Sahara group's proposed loan transaction from abroad for raising funds
In a relief for Subrata Roy, the Supreme Court on Friday allowed the Sahara Group to go ahead with its proposed loan transaction from abroad for raising funds to ensure release of Subrata Roy from jail.
Sensex, Nifty rebound from 3-week lows on strong global cues
Rebounding from three-week lows, the benchmark Sensex on Thursday jumped 365.89 points to 27,274.71 and Nifty rose 132.50 points to 8,234.60 on value-based buying in bluechips amid positive global cues on strong US data and fresh Eurozone stimulus hopes.
Rupee falls 16 paise Vs US dollar to over one-week low on weak stocks
At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced better at 63.37 a dollar from previous close of 63.41.
Government splits Chairman & MD post, names chiefs for 4 PSU banks
"The procedure for selection of part-time Chairman would be announced shortly," said a Finance Ministry statement.
Nifty ends below 8250, Sensex up 154 points; banks in red
About 1616 shares have advanced, 1312 shares declined, and 117 shares are unchanged.
India working to fix e-commerce payments post-Uber case: RBI Governor
After the RBI order, Uber changed its payment method and partnered with local virtual wallet provider, Paytm.
Cabinet approves easing FDI norms for medical devices business
The move is expected to help attract more investments and boost the domestic manufacturing.
Rupee up 40 paise against dollar in early trade
On Wednesday, the rupee had lost 8 paise to close at 63.61 against the dollar due to persistent capital outflows.
Gold prices soar by Rs 840 in biggest single-day gain in 2014
Silver also recorded a significant gain of Rs 2,700 to Rs 37,000 per kg.
Excise duty on petrol, diesel raised; no impact on prices
The hike in excise duty is expected to yield an additional Rs 4,000 core in the remaining part of the current fiscal.
Rupee rallies further 14 paise Vs dollar to end at 61.88
The dollar index was up by 0.27 per cent against its six major global rivals.
Non-subsidised LPG price cut by Rs 113 per cylinder
A 14.2-kg cylinder of non-subsidized LPG will now cost Rs 752, down from Rs 865 previously, in Delhi, oil companies announced on Monday.
India eases gold import rule in surprise move
The rule change was a relief to jewellers facing difficulties in sourcing gold during the key festival and wedding season that started in October.
