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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 »

Baba Ramdev’s MNC-bhagao plan incl...

Baba Ramdev’s MNC-bhagao plan includes Patanjali fast food chain; Ram...

Baba Ramdev, the yoga guru and promoter of home-grown FMCG company Patanjali Ayurveda, has in the past been vocal about taking the deep-pocketed multinational foreign companies operating in India head on. Not just that, the company, with over Rs 10,000 crore in revenue registered last fiscal... read more »

Top NRI Realty Investment Destinations
Top NRI Realty Investment Destinations

Top NRI Realty Investment Destinations

The Nonresident Indian`s (NRI) investment in real estate is a big boost to the struggling reality sector. In the past, the NRI population primarily bought homes, where they would eventually settle down after returning to their home grounds. However, since the last decade, there is a change in the... read more »

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Strong U.S. job growth, rising wages set...

Strong U.S. job growth, rising wages set stage for Fed rate hike

WASHINGTON (Reuters) – U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to raise interest rates next week despite slowing economic growth. ... read more »

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Economy

Rupee down 12 paise on dollar demand

Rupee down 12 paise on dollar demand

The rupee on Thursday weakened by 12 paise to 61.91 against the dollar in early trade at the Interbank Foreign Exchange market due to demand for the U.S. currency from importers. Forex dealers said... read more »

Bharatiya Mahila Bank to open four branches in northeast

Bharatiya Mahila Bank to open four branches in nor...

Agartala – The Bharatiya Mahila Bank (BMB) will open four more branches in four capital cities of the northeastern states, officials said here... read more »

Sensex closes flat; IT stocks down

Sensex trades flat in pre-noon session

Mumbai – A benchmark index of Indian equities markets ended! Monday’s trade flat, as foreign institutional investors (FIIs) continued to be net... read more »

Sensex trades flat during pre-noon session

Sensex trades flat in pre-noon session

Mumbai – A benchmark index of Indian equities markets was trading flat at 68.42 points or 0.32 percent up during the pre-noon trade Monday. Good buying... read more »

Government failed to defend policies: Praful Patel

Government failed to defend policies: Praful Patel

New Delhi – Minister of Heavy Industries & Public Enterprises PrafulPatel Saturday said the government has failed to defend its own policies, which... read more »

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Investing

Gold demand up 2% in Dec quarter, down 15% in 2014

MUMBAI, FEB 12: Gold demand in the December quarter was up two per cent at 223 tonnes, largely due to pent up demand from jewellers during the festival season on the back of drop in prices. In value... read more »

Swiss gold exports to India cross Rs 1.2 lakh cror...

Switzerland’s gold exports to India crossed Rs 1.2 lakh crore in 2014 even as concerns persist over bullion being used to channel illicit funds... read more »

Gold Prices Fall as Traders Lock In Gains

Gold And Silver : 2014

Gold prices retreated from five-month highs as some investors locked in profits ahead of the weekend. The most actively traded gold contract, for February... read more »

PRECIOUS-Gold rebounds to 5-month high after ECB launch...

Gold turned higher and touched a five-month high above $1,300 per ounce on Thursday, after the European Central Bank (ECB) launched a multi-billion euro... read more »

Gold regains Rs 28,000 mark on seasonal demand, global ...

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Continuing its rising streak for the third consecutive day, gold crossed the Rs 28,000 level after over four months by gaining Rs 100 at the bullion market in... read more »

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Gold & Metals

Gold, silver prices rise on brisk buying, global cues

NEW DELHI: Any revision in gold import duty is unlikely to take place before the Budget and there is no proposal as of now to reduce the 10 per duty, a finance ministry official said. “On... read more »

With gold prices falling, jewellers increase inven...

Trying to tap the falling gold prices, lakhs of jewellers across the country are increasing their inventory levels. Around 225 tonne of gold was... read more »

Appetite for jewellery boosts India gold demand: WGC

Indian appetite for gold jumped by more than a third in the last quarter, in sharp contrast to the rest of the world, boosted by jewellery demand for the... read more »

Gold, silver at multi-year lows on overseas cues

NEW DELHI: Gold and silver prices slumped to their multi-year lows to trade at Rs 25,800 per 10 grams and Rs 34,900 per kg, respectively in the national... read more »

Gold, silver likely to trade lower; copper may rise

Global markets traded mixed in the last fortnight as the US Fed’s decision to wind up its bond buying programme acted as a boost for equities wherein the... read more »

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State-owned carrier Air India understated losses – CAG

NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March 2015, the federal auditor said... read more »

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India’s Avenue Supermarts IPO oversubscribed 106 times

MUMBAI (Reuters) – The last day of bidding for an initial public offering (IPO) by India’s Avenue Supermarts Ltd saw investors clamouring for the shares, tempted by the... read more »

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India’s industrial output up 2.7 percent in January

NEW DELHI (Reuters) – India’s industrial output rose 2.7 percent in January from a year earlier, government data showed on Friday. ... read more »

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Volkswagen, Tata Motors plan to cooperate in India

NEW DELHI/FRANKFURT (Reuters) – German carmaker Volkswagen said on Friday it had signed a memorandum of understanding to explore a partnership with Tata Motors to jointly develop auto... read more »

Crude oil futures plunge Rs 68 on weak Asian cues

NEW DELHI: Crude oil futures fell sharply by Rs 68 to Rs 2,990 per barrel on Thursday as speculators reduced bets amid a weakening trend in Asian trade. At Multi Commodity Exchange, crude for... read more »