10247 post available under category "Business"
In a bid to sell India story and lure overseas investments, Finance Minister P Chidambaram today embarked on a three-nation tour to UK, France and Qatar. During the 5-day tour, Chidambaram will hold a meeting with his UK counterpart George Osborne and address investor conferences. He...
Air India is set to replace all its eight Boeing B-777 (LR) aircraft with the help of the US aircraft manufacturer and make the B-787 Dreamliners its workhorse over the next few years. The announcement by Air India CMD Rohit Nandan came on a day when...
Oil rebounded from recent falls in Asian trade on Wednesday after upbeat US data boosted confidence in the world's largest economy, analysts said. New York's main contract, light sweet crude for delivery in June gained 14 cents to $94.35 a barrel and Brent North Sea crude...
The rupee on Wednesday rose by five paise to 54.76 against the dollar in early trade at the Interbank Foreign Exchange on selling of the US currency by exporters. Besides, a higher opening in the domestic equity market and strengthening of euro against the dollar overseas...
The BSE benchmark Sensex on Wednesday rose by a massive 491 points to close at 27-month high at 20,213 on buying mainly in banking and interest-senstive stocks, after RBI said low inflation numbers will be taken into account in its next monetary policy on June 17....
Declining price of food items, including fruits and vegetables, pulled down inflation to nearly a three-and-a-half-year low of 4.89% in April, which may present a case for further monetary policy easing. Inflation based on the Wholesale Price Index (WPI) stood at 5.96% in March. In April,...
The BSE benchmark Sensex on Tuesday closed 31 points up on funds buying mainly in banking and healthcare stocks as inflation eased to over three years low. After a better start, the Sensex fell to the day's low of 19,652.69 before ending with a gain of...
The Reserve Bank has unearthed various discrepancies, including non-compliance of KYC norms and fictitious PAN, in its probe following the Cobrapost expose that alleged money laundering by banks. "There were definitely violations of KYC norms by banks," said a senior finance ministry official when asked whether...
When Joseph Schumpeter described capitalism as a process of creative destruction more than 70 years ago, he couldn’t have conceived of the miracle that is 3D printing. Yet this hair-raising technology is about to tear apart existing structures in a way that would undoubtedly have shocked...
After reports that users of the company's financial terminals were investigating potential leaks of confidential information, Bloomberg LP CEO Daniel Doctoroff said that the company had made a "mistake" by giving journalists access to data on clients' terminal usage. The financial information and news company sought...
