New Delhi: Indian Council of Agricultural Research (ICAR) should focus on the development of intellectual properties for promoting entrepreneurship among farmers, Planning Commission member Abhijit Sen said on Saturday.“Today knowledge and technology are becoming the
Mumbai: RBI Governor Raghuram Rajan on Saturday said the new real time gross settlement (RTGS) system for fund transfers will improve the efficiency of the country's financial markets.“With its advanced liquidity and queue management features,
Mumbai: Crisis-hit Financial Technologies Group has had another top-level exit, with the flagship Multi Commodity Exchange of India (MCX) on Saturday saying Managing Director and Chief Executive Officer Shreekant Javalgekar has resigned.“Javalgekar has submitted his
New Delhi: Retail inflation for farm and rural workers eased to 12.78 per cent and 12.44 per cent in September, respectively from 13.21 per cent and 12.89 per cent in August this year.“Point-to-point rate of
KOCHI: NRI businessman M A Yusuffali has acquired 4.99 per cent share in Kerala-based Dhanalaxmi Bank after purchasing stakes in two other lenders in the state earlier this year.Yusuffali had earlier acquired close to five
New Delhi: The Prime Minister's Office today defended the controversial decision to allocate coal block to Hindalco in 2005. It said the Prime Minister, Manmohan Singh, was satisfied that final decision on Hindalco was “entirely
Mumbai: A SEBI commissioned study has suggested lowering of Securities Transaction Tax (STT) to boost the capital market.The study, conducted by independent experts for SEBI's Development Research Group, found that spot-market has been dominating the
MUMBAI: British financial giant HSBC today said it will be shutting its struggling retail brokerage and depository business in the country, five years after it entered the segment by pumping in over $290 million.Nearly 300
Mumbai: The Economic Offences Wing (EOW) of the Mumbai Police on Thursday arrested former National Spot Exchange (NSEL) Managing Director and Chief Executive Officer Anjani Singh who is facing Rs 5,600 crore payment crisis, in
Mumbai: The rupee had its biggest gain in two weeks, rising 60 paise to 61.23 against the dollar today, after US lawmakers reached a deal to end the government shutdown and temporarily avoid a debt
New Delhi: India's steel consumption in the first six months of the current fiscal remained flat, showing just 0.8 percent year-on-year growth due to poor offtake by construction and automobile sectors.The consumption of finished steel,
New Delhi: Planning Commission will soon take a view on the controversial report of the Raghuram Rajan panel, which made a case for ending the special category status for poorer states, Deputy Chairman Montek Singh
New Delhi: Close on the heels of the IMF, the World Bank on Wednesday slashed India's economic growth forecast for the current financial year to 4.7 percent from an earlier projection of 6.1 percent.“The report
New Delhi: The government reduced the import tariff value of gold and silver to $418 per 10 gram and $699 per kg, respectively, in line with global rates of the precious metals. The tariff value,
Mumbai: With inflation expected to remain at an elevated level on account of pass through of rupee depreciation and supply side bottlenecks, the Reserve Bank is likely to maintain status quo in its upcoming monetary
Mumbai: Despite favourable impact of monsoon, the sharp decline in overall inflation is unlikely in near future, rating agency India Ratings & Research said on Tuesday.Headline inflation, on y-o-y basis, increased to 6.5 percent in
Washington: Ruling out takeover of the crisis -ridden NSEL, Finance Minister P Chidambaram has said that its parent group Financial Technologies and another related entity MCX-SX are under watch and persons responsible for the alleged
Washington: With a "little bit of euphoria" surrounding him with the arrest of the Indian rupee's slide, RBI's new governor, Raghuram Rajan, has sought to temper expectations saying, "I am not a superman."Portraying himself as
New Delhi: Tata Power's 1,050 Megawatt power station in Jharkhand is a textbook case of the absurd results that India's 1970s-era coal supply laws can produce, and why power utilities are lobbying the government to
New Delhi: The Wholesale Price Index (WPI) for the month of September rose to an eight-month high of 6.46% as against 6.1% in August. This is higher than an ET Now Poll estimate of 6%.
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