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Cognizant to hire more in US, optimise w...

Cognizant to hire more in US, optimise workforce

Chennai: US-headquartered Cognizant Technology Solutions (CTS), which has over a third of its workforce in India, has said it will rationalise its cost structure by bringing the employee base in line with demand. The company intends to ramp up hiring in the US while reducing dependence on the H-1B... read more »

View: Indian diplomacy rises above the s...

View: Indian diplomacy rises above the stratosphere

With imaginative use of India’s low-cost space capability, Prime Minister Narendra Mod has improved India’s none-too-smooth relations in the South Asian neighbourhood, with the Indian Space Research Organisation delivering on the prime minister’s promise of a South Asia Satellite (SAS),... read more »

NPA framework: Ordinance to empower RBI ...

NPA framework: Ordinance to empower RBI actually gives more teeth to govt

The Presidential Ordinanceempowering the Reserve Bank of India (RBI) to enforce expeditious resolution of non-performing assets (NPAs) of banks should hardly come as a surprise. For several past weeks, Finance Minister Arun Jaitley has been hinting at this legal empowerment of the central bank to... read more »

President Pranab Mukherjee signs ordinan...

President Pranab Mukherjee signs ordinance empowering RBI to act directly a...

President Pranab Mukherjee has approved an ordinance to amend the Banking Regulation Act, empowering the Reserve Bank of India to act directly against top loan defaulters. With the promulgation of the Banking Regulation (Amendment) Ordinance by the President, which empowers the Reserve Bank of... read more »

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Economy

Sensex down 36 points in early trade

Sensex up 70 points in early trade on GDP data

Mumbai – Continuing its rising streak for the third straight day, the BSE benchmark sensex rose over 70 points in early trade on Monday on sustained buying by funds as the economy grew by a... read more »

Positioning Nano as world’s cheapest car a mistake: Mr. Ratan Tata

Positioning Nano as world’s cheapest car a mistake...

Tata Motors’ Nano may have been a flop in India, but Ratan Tata, the former chairman of parent and conglomerate Tata Group still has hopes for the... read more »

Why no rate hike, The Reserve Bank of India asks banks

RBI buying dollars in spot market & selling it in forward market to stabilise rupee

Mumbai – The Reserve Bank of India has asked banks why they have not raised interest rates despite the central bank hiking policy rates twice since... read more »

Inflation: No quick fix, will take time to fix it, says...

Finance Minister P Chidambaram takes a dig at Gujarat Chief Minister Modi for giving lesson in economy

Finance Minister P. Chidambaram said that there are changes in the global perception about India, its tax policies and tax administration. He also asserted... read more »

Sensex surges 233 points during pre-noon session

Sensex surges 233 points during pre-noon session

Mumbai – A benchmark index of Indian equities markets surged 232.92 points or 1.13 percent in the pre-noon session Friday. All the sectors were trading... read more »

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Investing

Gold dips below Rs 28K level on weak global cues

Continuing its losing streak for the fourth straight day, gold prices dipped below the Rs 28,000-level by falling Rs 70 to hit over two-month low of Rs 27,950 per 10 grams in New Delhi on Wednesday... read more »

Gold gains 230 on global cues, seasonal demand

Snapping its nine-day losing streak, gold prices recovered by Rs. 230 to Rs. 28,260 per 10 grams in the national capital on Tuesday on a firming... read more »

Gold trading outlook: futures lower as dollar rises, da...

Gold futures were lower during early trade in Europe today, as investors look towards economic data to further strengthen speculation for an earlier than... read more »

Gold remains weak on sluggish demand; silver ends lower

NEW DELHI: Continuing its losing streak for the eight straight session, gold prices shed Rs 40 to close at almost one-month low of Rs 28,100 per 10 grams in... read more »

Gold futures decline to Rs. 28,420 per 10 gm; silver do...

NEW DELHI, AUG 18:   Gold prices fell 0.82 per cent to Rs. 28,420 per 10 grams at the futures trade today amid a weak trend overseas and profit-booking by... read more »

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Gold & Metals

Gold Prices Drop to 16-Week Low

Gold prices sank to their lowest level in 16 weeks as worries about political friction in Eastern Europe subsided and amid signs that the U.S. economy continues to recover from a winter... read more »

Gold prices slipped by Rs. 30 to Rs. 30,725 per 10 gm.

Gold demand in India to rise in H2 as import curbs...

India’s gold demand is likely to pick up in the second half of the year as curbs on bullion imports are expected to be eased by the... read more »

Gold price plunges by Rs 500 to Rs 29,600 per 10 grams

Gold steady after two-day fall, economic optimism weighs

New Delhi – Gold prices plunged by Rs 500 to Rs 29,600 per 10 grams in the national capital Friday due to low demand from jewellers and retailers amid a... read more »

Gold rebounds on wedding season buying

Gold regained its glitter to trade Rs. 150 higher at Rs. 30,100 per 10 grams in the national capital on Thursday on increased buying by stockists and... read more »

Gold down by Rs 100 on weak global cues; silver recover...

Gold And Silver : 2014

NEW DELHI: Gold prices on Monday fell by another Rs 100 to Rs 30,240 per 10 grams in the national capital on selling by stockists in tandem with a weak global... read more »

More from Business

Idea gets shareholders nod to raise up to Rs 10,000 crore

Idea Cellular said its shareholders have approved to raise up to Rs 10,000 crore through issue of non-convertible securities on private placement basis in one or more tranches The... read more »

Uber a good brand, but its products not tuned to Indian customers’ needs: Ola’...

While Uber is a good brand with good products, competitor Ola’s Co-Founder and CEO Bhavish Aggarwal feels it trails in India because its products are not tuned to the needs of the... read more »

Antrix told to pay Devas $672 million

The International Court of Arbitration upheld the Deutsche Telekom-funded Devas’s argument that the cancellation of the deal six years after an agreement in this regard was arbitrary An... read more »

Global stocks touch two-year low

In Dublin, the ISEQ index of Irish shares was down a hefty 2.68pc to 6055.96. That rout meant only a hand full of names escaped the general slide lower – among them Aminex. Datalex... read more »

India Up 16 Places to 55th on Global Competitiveness Index

Geneva: In a big jump, India has moved up 16 positions to rank 55th on a global index of the world’s most competitive economies, where Switzerland remains on top. The jump in India’s... read more »