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  • shivinder mohan singh of fortis renounces business to join

    Shivinder Mohan Singh of Fortis renounces business to join spiritual sect

    September 25, 2015 19:01 IST

    New Delhi: The co-founder of Fortis Healthcare, Shivinder Mohan Singh, has sprung a surprise by renouncing the corporate world and joining a spiritual organisation. The 40-year-old responded to a higher calling and will soon be

  • india s foreign reserves rise to 352 billion rbi

    India's foreign reserves rise to $352 billion: RBI

    September 25, 2015 18:16 IST

    Mumbai: India's foreign exchange (Forex) reserves rose by $631.5 million to $352.02 billion in the week ended September 18, official data showed on Friday.The reserves gained by $2.35 billion to rise to $351.38 billion in

  • rate hike likely by year end us fed chief

    Rate hike likely by year end: US Fed chief

    September 25, 2015 10:28 IST

    Washington: An increase in the US Federal Reserve's benchmark interest rate is probable "sometime later this year", Fed chief Janet Yellen has said."Most of my colleagues and I anticipate that it will likely be appropriate

  • india s 100 richest includes only 4 women

    India's 100 richest includes only 4 women

    September 24, 2015 17:18 IST

    Singapore: Four women feature in this year's Forbes list of 100 richest Indians including O P Jindal group Chairperson Savitri Jindal and generic drugs maker USV Pharma Chairperson Leena Tewari.Wife of Havells founder, Vinod Gupta

  • make in india dominates modi s first full day in us

    'Make in India' dominates Modi's first full day in US

    September 24, 2015 14:55 IST

    New York : When Thursday dawns here, Prime Minister Narendra Modi is scheduled to launch a full day of economic diplomacy, cajoling titans of industry, finance and media to invest in his hallmark "Make in

  • barack obama to work with pm modi to expand economic ties

    Barack Obama to work with PM Modi to expand economic ties

    September 24, 2015 9:57 IST

    Washington: As Prime Minister Narendra Modi arrived in the US to woo American investors, the White House said President Barack Obama would work closely with him to expand economic opportunity for both Americans and Indians"There

  • oil prices plunge us production gains

    Oil prices plunge, US production gains

    September 24, 2015 7:10 IST

    New York: Oil prices dived on Wednesday as a government report showed that the US crude production increased last week.US crude production added 19,000 barrels to 9.136 million barrels a day last week, according to

  • india to invest heavily in iran mega projects to cost rs 1

    India to invest heavily in Iran, mega projects to cost Rs 1 lakh crore

    September 23, 2015 21:35 IST

    New Delhi: Iran has offered to supply natural gas at $2.95 per million British thermal unit for a urea plant that India will set up at Chabahar port on the Persian Gulf, but New Delhi

  • drdo seeks enhanced budget says china spending more on r d

    DRDO seeks enhanced budget, says China spending more on R&D than India

    September 23, 2015 16:33 IST

    New Delhi: DRDO, the premier defence research organisation, on Wednesday sought enhanced budget saying that China was spending close to 20 percent of its defence outlay on R&D as compared to a mere 5-6 percent

  • india us increase trade five fold to 500 billion

    India, US increase trade five-fold to $500 billion

    September 23, 2015 16:25 IST

    New Delhi: Ahead of Prime Minister Narendra Modi's meeting with US President Barack Obama next week, the two countries have decided to further deepen their security and economic cooperation and increase bilateral trade five-fold to

  • rbi to issue draft report on relaxing external borrowings

    RBI to issue draft report on relaxing external borrowings

    September 23, 2015 16:01 IST

    New Delhi: Economic affairs secretary Shaktikanta Das on Wednesday said the Reserve Bank of India would soon issue a draft report on liberalising External Commercial Borrowings (ECBs) on which the government was holding discussions with

  • bilateral trade between thailand india likely to reach 12bn

    Bilateral trade between Thailand, India likely to reach $12bn

    September 22, 2015 22:52 IST

    Hyderabad: The bilateral trade between Thailand and India is expected to touch USD 12 billion during the current year, Somsak Triamjangarun, Consul General of the Royal Thai Consulate General said today."The Bilateral trade between Thailand

  • finance ministry seeks public comments for budget 2016 17

    Finance ministry seeks public comments for Budget 2016-17

    September 22, 2015 20:06 IST

    New Delhi: The finance ministry has decided to invite suggestions from the public for 2016-17 Budget in its bid to make the exercise more broad-based.The suggestions can be posted on http://mygov.nic.in portal."The ministry of finance

  • adb lowers india s growth forecast for 2015 16 to 7.4

    ADB lowers India's growth forecast for 2015-16 to 7.4%

    September 24, 2015 15:59 IST

    New Delhi: The Asian Development Bank (ADB) today lowered growth projections for India for the current fiscal to 7.4 per cent, from the 7.8 per cent earlier, citing weak monsoon, poor external demand and inability

  • india invites us firms to invest in energy sector

    India invites US firms to invest in energy sector

    September 22, 2015 11:18 IST

    Washington: India has invited US companies to invest in the Indian energy sector as India-US collaboration offered great potential, in view of India's enormous energy needs and the US resources, capabilities and technology.The invitation was

  • air india to operate world s longest non stop commercial

    Air India to operate world's longest non-stop commercial flight soon

    September 21, 2015 9:44 IST

    New Delhi: Air India will soon be operating the world's longest non-stop commercial flight.Times of India reported that the state-run airline is planning to link up the major IT hotspots of India and US (Bengaluru

  • arun jaitley promises more reforms sees better growth this

    Arun Jaitley promises more reforms; sees better growth this fiscal

    September 21, 2015 9:32 IST

    Hong Kong: India's economic growth is expected to improve despite unfavourable global winds as the government continues with several reform programmes, Finance Minister Arun Jaitley said today.Emphasising that India has the potential to be the

  • sebi widens black money probe offshore trading under lens

    SEBI widens black money probe; offshore trading under lens

    September 21, 2015 9:31 IST

    New Delhi: Widening its probe into suspected tax evasion and laundering of black money through stock markets, regulator SEBI is looking into illicit 'arbitrage' through derivatives trading from offshore locations.Also under the scanner are manipulation

  • india will give better returns on investments finance

    India will give better returns on investments: Finance Minister

    September 21, 2015 21:32 IST

    Hong Kong:  Pitching for more foreign investments, Finance Minister Arun Jaitley said on Sunday India would give better returns than many other countries. He also assured the government was working to expeditiously resolve tax disputes

  • rbi will act responsibly on rate cut arun jaitley

    RBI will act responsibly on rate cut: Arun Jaitley

    September 21, 2015 7:03 IST

    Hong Kong: Finance Minister Arun Jaitley on Sunday said monetary policy plays an important role in economic growth and hoped the Reserve Bank of India (RBI) would act appropriately with a sense of responsibility in

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