In order to control food inflation, the Centre has called a meeting of state food ministers on Friday to discuss other possible ways to rein in prices effectively in the backdrop of poor monsoon this year. The day-long conference will be chaired by Finance Minister Arun Jaitely and presided over by both Food Minister Ram […]
The Supreme Court has directed BSES Yamuna Pvt Ltd to clear its outstanding bills to power generating companies by July 15. The apex court said the company shall also continue to pay the recurring monthly demand to power generating and transmitting companies on the same basis of figure indicated in its order of May 6, […]
Cracking down further on hoarding, the Centre on Wednesday put onion and potato under purview of the Essential Commodities Act and imposed stock holding limits in a bid to improve availability and rein in prices. The decision was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), presided over by Prime Minister […]
The benchmark BSE Sensex gained over 83 points to hit another record-high of 25,924.25 in opening trade on Tuesday on strong rally in FMCG, metal, consumer durable, PSUs and oil & gas stocks amid sustained capital inflows. Hitting a new peak for the second straight session, the 30-share barometer surged 83.04 points, or 0.32 percent, […]
The Defence Ministry has suggested raising the cap in FDI in defence sector to 49 percent from 26 percent now to help in developing partnerships between Indian and foreign military hardware manufacturing firms. The Ministry is in favour of allowing 49 percent FDI in defence sector through the approval route, Defence Ministry officials said. The […]
As the debate over the definition of poverty continues, Reserve Bank of India Governor Raghuram Rajan on Wednesday said descriptions don’t matter when it comes to financial services, which are unavailable for a large number of people. “It doesn’t matter that we have a precise definition. There’s so much demand for financial services in the […]
Finance Minister Arun Jaitley has said high fiscal deficit and inflation are major challenges for India. He indicated that fiscal prudence and reforms would be the twin watchwords in his upcoming budget. He also said that mindless populism in policy making needed to be checked. Listing out the challenges before the country, he said […]
The Sensex and Nifty on Wednesday hit new life-time highs and closed at record levels after Finance Minister Arun Jaitley’s comments added to optimism that the Union Budget next week would outline strong steps to pursue fiscal prudence and revive economic growth. The BSE Sensex intra-day hit life high of 25,864.53 and settled at a […]
TVS Motor Company recorded 23% growth in sales during the month of June 2014, with total primary sales increasing from 164,128 units recorded in the month of June 2013 to 202,177 units in the month of June 2014. Exports The company’s total exports grew by 24% with sales increasing from 26,047 units in the month […]
Mumbai : Standard Chartered Bank today announced that it has entered into a strategic bancassurance partnership with ICICI Prudential Life Insurance Company Ltd (ICICI Prudential Life). This is part of a larger agreement between Standard Chartered Plc and Prudential Plc to expand the term and geographic scope of their pan-Asian bancassurance partnership. The new 15 […]
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1. Aloft Bengaluru Outer Ring Road elevates Haramohan Bora as Director of Food & Beverage
2. Acer’s first AI Powered Gaming laptops – Predator Helios 16 and Neo launched starting at Rs. 149999