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  • airbus to increase india sourcing to 2 bn by 2020

    Airbus to increase India sourcing to $2 bn by 2020

    June 19, 2015 7:06 IST

    Paris: Bullish on India as a market place as well as a manufacturing hub, leading aircraft maker Airbus yesterday said it has begun sourcing components for almost all its jets from the country and aims

  • russian railways seeks tie up on indian high speed plans

    Russian Railways seeks tie-up on Indian high-speed plans

    June 19, 2015 6:59 IST

    St Petersburg:  Russian officials are in talks with their Indian counterparts to help the country set up high-speed railways projects, a top railway official said here.Vladimir Yakunin, president of Russian Railways, said they were keen

  • india invites french investment in aviation sector

    India invites French investment in aviation sector

    June 18, 2015 20:46 IST

    Paris:  India today sought French by PriceMinus investment  in its aviation sector while asking aerospace companies from France and other nations to manufacture their products in the country.In a series of meetings with top French

  • indian money in swiss banks falls by over 10 to rs 12 615 cr

    Indian money in Swiss banks falls by over 10% to Rs 12,615 cr

    June 18, 2015 16:11 IST

    Zurich:  Money held by Indians in Swiss banks fell by over 10 per cent last year to 1.8 billion Swiss franc (about Rs 12,615 crore), amid an enhanced clampdown against the famed secrecy wall of

  • india to sign free trade agreement with eurasian economic

    India to sign free trade agreement with Eurasian Economic Union

    June 18, 2015 15:52 IST

    Moscow : India has confirmed it will sign a free trade agreement with the Eurasian Economic Union (EAEU) on June 18 at the St. Petersburg International Economic Forum (SPIEF-2015)."We are definitely signing this agreement", Amit

  • arun jaitley assures global investors on expediting reform

    Arun Jaitley assures global investors on expediting reform process

    June 18, 2015 12:11 IST

    New York: Finance Minister Arun Jaitley has assured the global investors that efforts are being made to allay their concerns on expediting reform process, tax regime and policy stability by the Narendra Modi government.Jaitley, who

  • india able to do much better than 7.5 pc growth rate arun

    India able to do much better than 7.5 pc growth rate: Arun Jaitley

    June 18, 2015 11:46 IST

    New York: India's 7.5 per cent economic growth rate is not its "best potential growth rate" and there is "restlessness" in the Narendra Modi-led government to boost economic growth and set higher GDP targets in

  • rupee rallies 25 paise against dollar

    Rupee rallies 25 paise against dollar

    June 18, 2015 11:03 IST

    Mumbai:  The rupee appreciated 25 paise to trade at 63.87 against the dollar in early trade today at the Interbank Foreign Exchange after the American currency weakened overseas amid sustained selling of the greenback by

  • government forms two committees to implement gst

    Government forms two committees to implement GST

    June 18, 2015 9:02 IST

    New Delhi: The central government on Wednesday announced the setting up of two committees to facilitate the rollout of the goods and services tax (GST) regime from April 1 next year and to propose the

  • india needs to project its new image its stability says us

    India needs to project its new image, its stability, says US business leader

    June 17, 2015 22:56 IST

    New York: Recent changes in China has made it less predictable and this gives India a big opportunity to project its stability, a leading US business leader said Tuesday.While the conditions for doing business in

  • violence cost india s economy 342 billion in 2014 report

    Violence cost India's economy $342 billion in 2014: Report

    June 17, 2015 15:53 IST

    New Delhi:  Violence hit India where it hurts the most—it impacted the economy to the tune of USD 341.7 billion in 2014, according to the Institute for Economics and Peace (IEP).The country has been ranked

  • business delegation to propel indian agenda in us

    Business delegation to propel Indian agenda in US

    June 16, 2015 18:05 IST

    New Delhi:  Finance Minister Arun Jaitley will be accompanied by a high-powered business delegation on his ten-day visit to the US to propel the nation's agenda, a business chamber said on Tuesday.As many as eight

  • modi government plans selling 3 stake in bpcl to raise rs 1

    Modi government plans selling 3% stake in BPCL to raise Rs 1,800 crore

    June 16, 2015 17:30 IST

    New Delhi: The government plans to sell 3% stake in Bharat Petroleum Corp Ltd, the nation's second largest state oil firm, this fiscal to raise around Rs 1,800 crore.Finance Ministry has moved a Cabinet note

  • nirmala sitharaman to lead indian delegation to st.

    Nirmala Sitharaman to lead Indian delegation to St. Petersburg

    June 16, 2015 17:04 IST

    New Delhi : Commerce Minister Nirmala Sitharaman will lead an Indian delegation for the St. Petersburg International Economic Forum (SPIEF) 2015, to be held at St. Petersburg between June 18-20, a Confederation of Indian Industry (CII)

  • turkey keen to invest in make in india envoy

    Turkey keen to invest in Make In India: Envoy

    June 16, 2015 13:03 IST

    Kolkata:  Turkish Ambassador Burak Akcapar said on Tuesday his country is keen to invest in Prime Minister Narendra Modi's Make In India campaign, particularly in the manufacturing and construction sectors."We are looking into the possible

  • mobile data to get costlier for vodafone mts users in delhi

    Mobile data to get costlier for Vodafone, MTS users in Delhi

    June 16, 2015 13:16 IST

    After the March spectrum auctions, telecom analysts and experts were predicting a hike in the call and data charges, and boy, they were so right.While Bharti Airtel and Idea Cellular were the first ones to

  • exports contract 20.19 in may trade deficit shrinks

    Exports contract 20.19% in May, trade deficit shrinks

    June 16, 2015 11:49 IST

    New Delhi: Continuing its declining trend, India's exports shrank by about 20.19 per cent in May to USD 22.34 billion, marking a fall for the sixth straight month.  The slump in exports is mainly due

  • slight deceleration in trade restrictive steps in g 20 wto

    Slight deceleration in trade restrictive steps in G-20: WTO

    June 16, 2015 7:14 IST

    Geneva: The G-20 economies witnessed a "slight deceleration" in application of new trade-restrictive measures, with average number of such steps imposed per month falling to the lowest since 2013, a WTO report said on Monday.However,

  • petrol price hiked by 64 paise diesel cut by rs 1.35

    Petrol price hiked by 64 paise; diesel cut by Rs 1.35

    June 15, 2015 20:59 IST

    New Delhi:  Petrol price was today hiked by 64 paise a litre, but diesel price was cut by Rs 1.35 per litre in line with trend in global oil rates.This is the third increase in

  • india s wholesale inflation still negative but tad up

    India's wholesale inflation still negative, but tad up

    June 15, 2015 14:00 IST

    New Delhi: India's annual wholesale inflation continued to be in the negative in May but moved up slightly to (-)2.36 percent from (-)2.65 percent in April, mainly on account of a rise in prices of

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