Wooing investors in the US, Indian Finance Minister Arun Jaitley has said that the Indian economy is revving up under Prime Minister Narendra Modi, offering them "a lot of potential" for gains....
The Supreme Court on Friday gave 18 months to Sahara to repay Rs.36,000 crore of the investors money which its two companies, SIRECL and SHFCL, had collected in 2007-08....
A day after it surged more than 280 points, a barometer index of the Indian equities markets continued its upward trajectory and provisionally closed more than 200 points up during the trade session on Friday. ...
A benchmark index for Indian equities, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), on Friday opened higher and was trading at 27,258.85 points some 15 minutes after the opening bell....
A day after the US Federal Reserve decided to further postpone its rate hike, bullish sentiments prevailed at the Indian equities markets on Thursday and a barometer index close the day's trade ...
The Federal Reserve, America's central bank, has decided not to raise interest rates in June, but signalled that the long-awaited rate hike could come in September...
But Yellen sang in the same old dovish tune, repeatedly emphasising on the fact that market participants should not worry too much about when the monetary tightening will begin but rather on the pace or path of these rate hikes. On the latter she said that US monetary policy will remain highly accommodative and totally data dependent. ...
Over the next five years, money to rural local governments (panchayats) will rise nearly three times, from Rs.63,051 crore to Rs.200,292 crore, on the recommendations of the 14th Finance Commission - a constitutional body that recommends sharing of financial resources between the centre and the states....
Four top executives are leaving tech giant Microsoft, including former Clinton advisor Mark Penn and ex-director of Nokia Stephen Elop, in a leadership shuffle announced by the firm's CEO Satya Nadella, Efe news agency reported....
Moscow, June 18 : India has confirmed it will sign a free trade agreement with the Eurasian Economic Union (EAEU) on June 18 at the St. Petersburg International Economic Forum (SPIEF-2015). "We are definitely signing this agreement", Amit Telang, first secretary in the Indian embassy in Russia, told TASS news agency on Thursday. ...