September 19, 2014 23:26 (IST)
Despite weakness in overall business sentiment across Asia after the slowdown in China and Singapore, India Inc is still riding high on optimism, according to findings of a survey.
September 19, 2014 21:29 (IST)
He said people could open accounts in different banks using different identity documents like PAN card, Aadhar among others in the lure of getting insurance cover of Rs 1 lakh from all the banks.
September 19, 2014 16:36 (IST)
India, the world's top rice exporter, is preparing to import the grain for the first time in nearly a quarter of a century to feed its remote and hilly northeastern region where rail freight is being disrupted due to a track overhaul.
September 19, 2014 16:05 (IST)
India's foodgrain production is projected to drop 7 per cent to about 120 million tonnes in this year due to poor monsoon rains.
September 18, 2014 21:11 (IST)
In a note released ahead of the G20 meeting of Finance Ministers and central bank governors at Cairns in Australia, IMF said India needs to take more steps to reduce stubbornly high inflation and the large fiscal deficit.
September 18, 2014 19:42 (IST)
Making an intervention during the G20 Deputies Meeting here, Mr Mayaram said the Indian Government announced a slew of policy reforms and Budget reflected this in full measure.
September 18, 2014 01:04 (IST)
The following are highlights of Federal Reserve Chair Janet Yellen's remarks at a press conference on Wednesday following the conclusion of the US central bank's two-day policy meeting.
September 17, 2014 22:49 (IST)
The Federal Reserve on Wednesday renewed a pledge to keep interest rates near zero for a "considerable time" and repeated concerns over slack in the labour market, standing firm against calls to overhaul its policy statement.
September 17, 2014 20:30 (IST)
Once implemented, measures proposed by the Organisation for Economic Cooperation and Development (OECD) to curb tax avoidance activities would have "far reaching implications" in India's transfer pricing landscape as well as a significant impact on US multinationals with overseas operations, according to experts.
September 17, 2014 20:04 (IST)
Easing foreign direct investment (FDI) norms, the Reserve Bank of India (RBI) has allowed companies to issue equity shares to residents outside India against any type of fund subject to certain conditions.
September 17, 2014 19:45 (IST)
US consumer prices fell for the first time in nearly 1-1/2 years in August and underlying inflation pressures were muted, potentially reducing the urgency for the Federal Reserve to raise interest rates.
September 17, 2014 15:37 (IST)
Chinese President Xi Jinping is in India for a three-day visit as the two Asian giants take steps to boost commercial ties.
September 16, 2014 23:29 (IST)
Growth of the infrastructure and construction as well as metals and mining sectors is likely to remain stressed in FY15 as high leverage levels may constrain the ability of some corporates to access credit, India Ratings and Research, a Fitch Group company, said in a report on Tuesday.
September 16, 2014 22:28 (IST)
New international tax rules proposed on Tuesday could eliminate structures that have allowed companies such as Google Inc and Amazon.com Inc to shave billions of dollars off their tax bills.
September 16, 2014 21:57 (IST)
The International Economic Association (IEA) has appointed Kaushik Basu, who is Chief Economist and Senior Vice President of the World Bank, as its president-elect.
September 16, 2014 20:36 (IST)
Foreign direct investment (FDI) flows into India more than doubled to $3.5 billion in July, data from the Department of Industrial Policy and Promotion showed on Tuesday.
September 16, 2014 19:34 (IST)
India's unrestricted category of government bond debt limit worth $25 billion is 98.98 percent exhausted, triggering hopes that it would be relaxed soon.
September 16, 2014 17:58 (IST)
Efforts being taken by the Narendra Modi government to boost the real estate sector are in the right direction, a senior official of Crisil Ratings said.
September 16, 2014 16:40 (IST)
The government may decide on ending government control on diesel pricing after elections in two states next month, Reuters reported, citing an oil ministry source. Deregulation would empower state-owned oil firms to change rates in tandem with cost like they do for petrol.
September 16, 2014 14:46 (IST)
India has the potential to become the world's fifth largest exporter of goods by 2030 in value terms, according to HSBC Trade Forecast.