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Updated: Jul 2, 2015 01:31 PM
The Modi Government intends to spend Rs 50,000 crore in five years (2015-16 to 2019-20) to provide irrigation facilities in all agricultural lands. This will be part of a new scheme, the ‘Pradhan Mantri Krishi Sinchayee Yojana,’ approved by th
Updated: Jul 2, 2015 02:04 PM
RBI Governor Raghuram Rajan today said that the Indian economy was picking up and there were some signs of capital investments. He added that, "we continue to do spade work for sustainable growth." "News on monsoon front good so far; policy stance con
Updated: Jul 2, 2015 01:36 PM
Amidst looming fears of the monsoon session being washed out completely, Finance Minister Arun Jaitley expressed the hope that the Constitutional Amendment Bill for GST and Land Bill would get passed in the forthcoming session. “We hope t
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16 minutes ago
Retail chain V-Mart is gearing up to join the fast growing e-commerce sector by next year with a mobile app-based platform to sell products.It has 108 stores and plans to use its existing outlets as delivery hubs for online customers in the initial stage.
19 minutes ago
Peerless Financial Services Ltd (PFSL), a new NBFC with a current loan book of Rs 44 crore, has planned to borrow around Rs 100 crore. PFSL, which completed its first full year of operations in 2014-15, has planned to raise additional funds gradually. S
19 minutes ago
The dollar was near a three-week high on Thursday and world stock markets had a delicate feel, as the implication of US jobs data later for a possible Fed rate hike added to Europe’s uncertainty over Greece. Chinese shares also remained in focus a
21 minutes ago
Bihar Chief Minister Nitish Kumar today began the JD(U) campaign for the upcoming Assembly elections through a programme called ‘Har Ghar Dastak’ to seek feedback about the work done by the state government in the past. As part of the progra
29 minutes ago
Chinese stocks closed down sharply on Thursday after another wild trading day as investors shrugged off regulators’ intensified efforts to put a floor under the sliding market.The CSI300 index of the largest listed companies in Shanghai and Shenzhen
Jul 2, 2015 10:18 AM
Uncertainty over Greece's debt situation following a sovereign rating cut to two notches above default saw the markets trading flat in the mid-session on Thursday. The 30-share BSE index Sensex was trading down 0.07 point or 0.00 per cent at 28,020.80 a
Jul 2, 2015 09:45 AM
Recovering from its initial losses, the rupee was trading higher by 5 paise at 63.56 against the American currency in the afternoon session amid bouts of dollar selling by banks and exporters as well as stronger equities. Earlier, the rupee opened weak
Jul 2, 2015 02:31 PM
Gold fell to a four-week low on Thursday, extending losses into a third straight session due to a strong dollar and the prospect of higher US interest rates, with the market eyeing US economic data due later in the day for further trading cues. Spot gold
Jul 1, 2015 10:01 PM
The copper futures contract traded on the Multi Commodity Exchange (MCX) has been consolidating between ₹364 and ₹375 per kg over the past week. The contract is currently trading near ₹372. The bias and the price action on the chart sugg
Jul 2, 2015 01:44 PM
Tata Motors-owned luxury carmaker Jaguar Land Rover today said it has signed a contract manufacturing agreement with Austrian automotive firm Magna Steyr in another step to enhance its worldwide production line and build global footprint.Magna Steyr, an o
Jul 2, 2015 01:46 PM
Arvind Lifestyle Brands Ltd, a subsidiary of denim and branded apparel major, Arvind Ltd, has entered into a licence agreement with the US-based Aeropostale Inc, the speciality retailer of casual and active apparel for young women and men. The licence a
Jul 2, 2015 01:23 PM
Bajaj Auto today reported an eight per cent increase in total sales in June at 3,31,317 units against 3,05,465 units in the same month of 2014. Motorcycle sales during the month rose 10 per cent to 2,87,582 units from 2,62,202 units in June last year, t
Jul 2, 2015 08:46 AM
Global rating agency Fitch has lowered India’s economic growth projections to 7.8 per cent for the current fiscal from 8 per cent on pick up in demand. Fitch, however, said it expects that India’s GDP growth rate this year to surpass China&#
Jul 1, 2015 10:35 PM
Open border making Champhai nerve centre of informal India-Myanmar commerce With a population of 20,000, the district town of Champhai has a disproportionately large and thriving marketplace dotted with stores selling a wide range of household appliance
Jul 1, 2015 10:43 PM
Nations working on other areas, too Ten years after ratifying a bilateral comprehensive economic partnership agreement (CEPA), India and Singapore have signed their first mutual recognition agreement (MRA) in services, which will allow nurses trained fro
Jul 1, 2015 09:52 PM
Rising fund costs in India could hurt the investor experience over the long run. Both industry and SEBI must act to check this trend The SEBI chief could not have picked a better time to warn the Indian mutual fund (MF) industry on exercising self-restra
Jul 1, 2015 09:30 PM
The new Kindle Paperwhite gets closer to reading like a real book, with many small but important upgrades With a single-use device like Amazon’s Kindle, the things that make a difference are the really tiny ones. It would almost seem like nitpickin
Jul 1, 2015 03:05 PM
Putting an end to speculation, online home search portal’s co-founder and CEO Rahul Yadav was shown the door on Wednesday. The realty portal’s board said the company had “released” the CEO with immediate effect, after
Jul 1, 2015 10:26 PM
NSSO survey finds over 80% of the country’s population has no medical insurance As much as 86 per cent of the rural population and 82 per cent urban is still not covered under any health support scheme. Also, over 70 per cent people (72 per cent i
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