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Korean firms are now more keen to invest in India, upbeat about the country's investment climate after the new government led by Narendra Modi unveiled its economic vision, the country's Ambassador on Thursday said.
Thu, 30 Oct 2014 20:02:01 +0530
As the BJP is set to form the next government in Maharashtra on Friday, industry experts want the new chief minister to expedite the delayed infrastructure projects in the state and revive investment in key sectors by removing bureaucratic bottlenecks.
Thu, 30 Oct 2014 19:41:33 +0530
Luxury brands are finding new patrons from small towns who have both money as well as taste. This is an evident change since non-metro regions today account to nearly 45 per cent of lucrative growth opportunities for the luxury segment players in India.
Thu, 30 Oct 2014 12:56:20 +0530
The benchmark Sensex on Thurdsday surged about 248 points to end at record closing peak of 27,346.33 on across-the-board buying by investors after government eased rules for FDI in construction sector and US Federal Reserve reiterated its plan to keep interest rates at record lows.
Thu, 30 Oct 2014 16:44:22 +0530
Moving in opposite direction to stocks, the rupee on Thursday fell for the fourth day, dipping 10 paise to close at two-week low of 61.45 against the Greenback after US Federal Reserve kept in place its plans to maintain record low interest rate for some more time.
Thu, 30 Oct 2014 18:13:54 +0530
A day after the Centre submitted its list of 627 Indians who have accounts in HSBC bank, Geneva for tax probe for suspected black money to Supreme Court, India has pulled out of multilateral information sharing agreement.
Thu, 30 Oct 2014 10:25:48 +0530
India has the capacity to grow at 8-9 per cent and good governance would make economic expansion "more exuberant", Arun Jaitley said.
Thu, 30 Oct 2014 00:15:59 +0530
The government has raised the price it will pay to buy new-season wheat from local farmers by 3.57 per cent to 1,450 rupees per 100 kg, encouraging the crop even though supply has exceeded demand for eight years.
Wed, 29 Oct 2014 23:29:15 +0530
In a boost to cash-starved real estate industry, government today relaxed rules for FDI in the construction sector by reducing minimum built-up area as well as capital requirement and easing the exit norms.
Wed, 29 Oct 2014 20:52:52 +0530
Air charter operators have come attacked a DGCA proposal to bar them from commercial flying if they do not have a three-aircraft fleet within a year of operations, saying the move made "very little business sense" and would retard connectivity to remote areas.
Wed, 29 Oct 2014 19:17:27 +0530
The rupee strengthened by seven paise to 61.25 against the dollar in early trade on at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks.
Wed, 29 Oct 2014 09:40:39 +0530
The benchmark Sensex on Wednesday surged 217 points to end at five-week high of 27,098.17 powered by gains in interest rate sensitive stocks, tracking rally in global markets ahead of the outcome of US Federal Reserve's policy meeting.
Wed, 29 Oct 2014 17:42:35 +0530
The Cabinet may on Wednesday decide on relaxing foreign direct investment (FDI) norms in construction sector.
Tue, 28 Oct 2014 19:41:19 +0530
The trend of consumers staying with a company on account of good service experience is picking up in India, says a survey. Also, out of 10 Indian consumers 7 have used social media for customer service response, the study said.
Tue, 28 Oct 2014 19:29:11 +0530
Finance Minister Arun Jaitley will hold a high-level review-cum-strategy meeting of top Income Tax (I-T) commissioners on Thursday to bolster revenue collection work and chart a roadmap to achieve the target.
Tue, 28 Oct 2014 19:02:45 +0530
The development comes following Shipping Minister Nitin Gadhkari's calculation which placed river transportation as the most cost-effective.
Tue, 28 Oct 2014 16:14:45 +0530
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Politics

"News reports of my speech at the CAG conference do not accurately reflect the spirit of my speech," Jaitley said in a Facebook post.
After meeting Uddhav Thackeray, Sena MP Vinayak Raut said that as the party MLAs feel that BJP did not give them due respect, they will not attend the oath-taking ceremony.
Special Judge OP Saini had earlier reserved for October 31 his order on framing of charges in the case.
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India

In a bizarre explanation for the rise in rape cases in the state, the Uttar Pradesh Police have now blamed mobile phone culture, bad influence of western culture and indecent dressing sense among women as reasons behind it.
Switzerland, long accused of being a safe haven for illicit funds, has promised to extend assistance to India and reply to requests for information in a "time-bound" manner.
Who are the children who go missing? What happens to them? And why does the administration fail to help them?
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Tech

"Certain reviews are going on at the moment, we expect by December first half we should be able to have the launch," ISRO Chairman K Radhakrishnan said.
Apple Chief Executive Tim Cook publicly came out as gay in an article he wrote in Bloomberg Businessweek.
Google acquired the iconic smartphone brand and its prized patent portfolio in 2012 for $12.5 billion but struggled to reverse Motorola's years-long decline.
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