Mumbai: Falling for the fourth week in a row, India's foreign exchange reserves went down by USD 1.415 billion to USD 314.181 billion in the week to September 26 on account of a hefty drop
Moscow: Russia will adhere to an open market economy despite restrictions and sanctions imposed by other countries, President Vladimir Putin said Thursday."We will seek to make sure that Russia economy develops based on the open
Washington: International Monetary Fund (IMF) chief Christine Lagarde said Thursday that the global economy was at an inflection point with weaker than expected recovery momentum, as he called for bolder policies and multilateral efforts to
Mumbai: Life Insurance Corporation (LIC) has received more than Rs 11,500 crore in income tax refunds and a big chunk of the amount would be passed on to policyholders, an official said."We received I-T refunds
New Delhi: As top executives picked up brooms on Prime Minister Narendra Modi's call to rid the country of litter and rubbish, Reliance Group Chairman Anil Ambani Thursday said he is dedicating himself to the
New Delhi: After registering a huge decline in the recent past, foreign direct investment in the telecom sector grew manifold to $2.33 billion in the first four months of 2014-15.During the entire 2013-14 fiscal, the
New Delhi: India's growth is expected to accelerate to 5.6 per cent in the current fiscal and further to 6.5 per cent in 2015-16, buoyed by strong investments and political certainty, rating agency Fitch said
New Delhi: Asserting that India is on the move to becoming a country with a business-friendly environment, Prime Minister Narendra Modi has exhorted top US corporates to establish and expand their base in India before
New Delhi: United Nations Economic and Social Commission for the Asia and the Pacific (UN ESCAP) expects a stronger growth momentum of 5.5 per cent for India in 2014-15 on account of economic expansion, likely
New Delhi: Petrol price was on Tuesday cut by 65 paise a litre, but the first reduction in diesel rates in over five years was put off until the return of Prime Minister Narendra Modi
New Delhi: Microsoft today said it will offer commercial cloud services from local data centres in India by 2015 as the tech giant gears for competition for the estimated USD 2 trillion domestic market opportunity
Mumbai: Banks have opened a whopping five crore accounts under the Jan Dhan scheme till September 25 and collected over Rs. 3,500 crore in deposits, a top Finance Ministry official said here today.Led by state-run
New Delhi: Diesel price is likely to be cut by about Re 1 per litre, the first reduction in rates in over five years, while petrol price may be slashed by Rs 1.75. State-owned oil
New Delhi: Mumbai: Reserve Bank Governor Raghuram Rajan today left all key rates unchanged citing continued risks to inflation and difficult external situation especially on the geopolitical front.This is the fourth consecutive time that the
Mumbai: Reserve Bank Governor Raghuram Rajan is widely expected to hold the key rates citing high inflation at the fourth bi-monthly monetary policy announcement on Tuesday, even though the pro-growth lobby has been wishing for
New York: Ahead of his meeting with US President Barack Obama, Prime Minister Narendra Modi on Monday made it clear that agreement on food security and trade facilitation will have to go hand-in-hand."Agreement on food
Mumbai: Claiming that RBI's concerns have been allayed, a top finance ministry official today said banks have opened 5.1 crore new accounts under the flagship Jan Dhan programme and collected Rs 3,600 crore in deposits.Rs
New York: Asserting that trade and commerce leads international relations in today's age, Prime Minister Narendra Modi assured the Indian-American community here that his government is determined to put the economy on an upward trajectory
New Delhi: Net direct tax collection so far in the current fiscal stood at Rs 2.60 lakh crore, said a senior finance ministry official.The gross direct tax collection till September 26, 2014-15 fiscal, was at
Mumbai: With retail inflation continuing to remain at elevated level, the Reserve Bank of India (RBI) is unlikely to cut interest rates in its upcoming monetary policy review this week.The RBI will unveil its fourth
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