Singapore: India would have the fastest economic expansion among Asian countries and its gross domestic product is expected to grow by 6.3 per cent in 2015, according to Morgan Stanley forecasts of global economies.The rupee's
Nay Pyi Taw: The Indian economy is expected to see an average annual growth of 6.7 per cent over the 2015-19 period and a further boost would depend on reform plans of the government, says
New Delhi: State-run oil marketer Indian Oil Corp (IOC) Thursday reported a net loss of Rs.898 crore for the second quarter ended September from massive inventory losses caused by the sustained fall in international oil
New Delhi: Delhi Metro, Yamuna expressway and Tata Power's Mundra ultra mega power project in Gujarat are among the six ventures that have figured in the list of world's most innovative, impactful infrastructure projects prepared
New Delhi: In order to boost revenues and contain budget borrowing, the government on Thursday increased excise duty on both petrol and diesel by Rs 1.50/litre. The hike would bring in additional revenue of about
New Delhi: The Consumer Price Index (CPI) has cooled to 5.52% from 6.46% reported in September, triggered by lower food prices and fuel costs. This is the slowest pace of price rise since retail inflation
New Delhi: The United Forum of Bank Unions (UFBU), an umbrella body of some nine bank unions in the public sector banking industry (and in some old generation private banks), is on all India strike
Nay Pyi Taw: The 12th ASEAN-India summit kicks off on Wednesday with Prime Minister Narendra Modi expected to make a strong pitch to step up engagement with the 10-nation bloc by improving regional connectivity to
New Delhi: In a major relief for the common man, petrol prices may be cut by Rs 1.50 per litre this week.If this happens, it would be the seventh reduction in a row since the
Mumbai: In the wake of public investors increasingly being defrauded in the name of non-banking financial services, RBI today tightened its norms for NBFCs by requiring them to have a much stronger capital base, failing
Mumbai: Indian Inc expects a 23 per cent increase in hiring next year, according to a survey."Indian employers across the major sectors forecast an overall increase of 23 per cent in hiring outlook for the
Chennai: With failure of the wage talks in the banking sector, around one million bank employees will go on strike on November 12 bringing the banking operations to a grinding halt, said a union official."We
New Delhi: The Oil Ministry has sought over Rs 8,183 crore cash subsidy to make good one-third of the losses that retailers like IOC incurred on selling diesel and cooking fuel below cost in the
New Delhi: Echoing the sentiments of India Inc, the Confederation of Indian Industry (CII) Sunday congratulated the new members of Prime Minister Narendra Modi's ministerial council and said the ministry-expansion will help improve the focus
New Delhi: India made it clear that a few nations cannot move ahead with WTO trade pact without resolving the crucial food security issue and the matter needs consensus.WTO Director General Roberto Azevedo recently said
New Delhi: Hinting that amendments to the Goods and Services Tax (GST) may be introduced in the ensuing Winter session of Parliament, Finance Minister Arun Jaitley today said that the government was in the final
New Delhi: Finance Minister Arun Jaitley today expressed hope that the long-pending Insurance Laws Amendment Bill, which seeks to raise the FDI cap in the sector to 49 per cent, will get the Parliament approval
Mumbai: Bullish over robust fundamentals and improving macroeconomic conditions, industry leader Deepak Parekh today said India currently has "exceptionally good conditions" in place to aspire for 10 per cent economic growth but much needs to
Mumbai: Warning against "early celebrations" over recent fall in inflation print, RBI Deputy Governor HR Khan yesterday said there are structural issues affecting prices which are complicating the fight against price rise, but expressed optimism
New Delhi: Employees in India will see their salaries increase by an average of 10.9 per cent in 2015, the third highest pay rise in Asia after Pakistan and Vietnam, says an ECA International report.According
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