Reports
Attributing the slide in rupee value to various domestic and global factors, Union Finance Minister Pranab Mukherjee on Sunday said the Reserve Bank was taking steps to arrest the currency's depreciation.Sun, 27 May 2012 02:11:52 +0530
Amid persisting global uncertainties, Finance Minister Pranab Mukerjee on Saturday said that India's domestic demand, high savings rate and regulatory mechanisms make it a resilient economy.Sat, 26 May 2012 10:48:50 +0530
Amid raging protests by parties cutting across the political spectrum for a partial rollback on the petrol price hike, Chief Economic Advisor Kaushik Basu has said that a rollback of any kind will hurt India's fiscal deficit target badly, leading to price increase in general.Sat, 26 May 2012 08:10:44 +0530
Taking a tough stand on insider trading and other serious offences, market regulator SEBI on Friday decided to exclude these violations from the consent order, a window available for settling disputes on payment of a fee.Sat, 26 May 2012 07:06:54 +0530
Prime Minister Manmohan Singh on Friday reviewed the sharp decline in rupee value and its impact on the economy with RBI Governor D Subbarao and Planning Commission Deputy Chairman Montek Singh Ahluwalia.Sat, 26 May 2012 03:53:33 +0530
Citigroup Inc's Automated Trading Desk had trading losses of about $20 million from Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's US exchange, a source with knowledge of the situation said on Friday.Sat, 26 May 2012 12:24:36 +0530
Chief Economic Advisor Kaushik Basu has said that a partial rollback in petrol prices will hit India's fiscal deficit target adversely.Fri, 25 May 2012 10:28:33 +0530
Analysts at Goldman Sachs and Bank of America-Merrill Lynch cut their growth forecasts for India, following up on a Morgan Stanley downgrade earlier this week that had sparked much concern in domestic markets.Fri, 25 May 2012 05:24:33 +0530
Amid speculation that a partial rollback of petrol prices is likely due to political pressure, Chief Economic Advisor Kaushik Basu has said that a rollback of any kind will adversely affect the fiscal deficit target leading to price increase in general.Fri, 25 May 2012 04:28:32 +0530
Essar promoters Ravi and Anshuman Ruia, and Loop Telecom's Kiran Khaitan and IP Khaitan have been charged with conspiracy while Essar's Director for Strategy and Planning Vikash Saraf has been charged with cheating and conspiracy in the 2G spectrum allocation scam. The Special Central Bureau of Investigation (CBI) court also granted them bail on a surety bond of Rs 5 lakh each while charging them.Fri, 25 May 2012 04:22:02 +0530
A truce between Air India management and striking pilots may be on the cards after Union Civil Aviation Minister Ajit Singh on Friday met the pilots. Sources told CNN-IBN that the sacked pilots may be taken back on the case-to-case basis.Fri, 25 May 2012 01:55:39 +0530
In these times, it is very easy not to be confronted by opinions differing from your own.Fri, 25 May 2012 01:14:06 +0530
Instead of rushing into more regulations, politicians and regulators should focus on removing ambiguity and advocating transparency.Fri, 25 May 2012 12:55:28 +0530
A Delhi Court will pronounce its order on Friday on farming of charges against Essar group and Loop Telecom promoters for allegedly committing offences of cheating and criminal conspiracy for obtaining the 2G spectrum licences from government.Fri, 25 May 2012 11:53:00 +0530
The UPA government came under intense pressure on Thursday from within the ruling coalition and protesters to roll back the steepest petrol price hike in the country's history, less than 24 hours after it took the unpopular decision cheered by investors.Fri, 25 May 2012 11:19:42 +0530
The rupee depreciated by 27 paise to Rs 55.92 against the American currency in early trade on Friday on stronger dollar against euro and Asian currencies.Fri, 25 May 2012 10:45:37 +0530
Politics
The RJD supremo also accused the Nitish Kumar government of failing on all fronts.
The family members resorted to a sit-in in front of the Dilkusha guest house in Hyderabad protesting Jagan's arrest.
Mamata went to the Eden Gardens to watch the first match of KKR against Delhi Daredevils on May 5.
India
Prime Minister Manmohan Singh reached Myanmar on Sunday evening in a first visit by an Indian PM since Rajiv Gandhi's visit 25 years ago.
A large number of police personnel have been deployed all over the city to prevent any untoward incident.
Lt Gen Avadesh Prakash is the senior-most officer to have been awarded this punishment by the Army.
Tech
India's mobile advertising market is expected to reach Rs 144 crore by 2013.
Incidents of suicides have been on the rise inside Delhi Metro premises for the past few months.
Cyber security agencies have also asked Internet users to deploy adequate firewalls and security measures.
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