Business

Gold-obsessed India falls for platinum

India has emerged as the fourth largest consumer of platinum jewellery in the world and a trade expert noted that…

10 years ago

Sensex surges by 402 points during pre-noon trade

A benchmark index of Indian equities markets on Thursday surged by 401.53 points or 2.16 percent during pre-noon trade after…

10 years ago

The Raghuram Rajan effect pushes rupee 2 percent upward.

The Indian currency jumped over 2 percent against the U.S. dollar and the BSE Sensex surged around 550 points after…

10 years ago

Indian economy is fundamentally strong: Rajan

The recent 'œgloom and doom' in India is overdone as the medium-term fundamentals of the economy remain strong, Reserve Bank…

10 years ago

India’s ratings downgrade warning crystal gazing

The Indian economy does not have to fear a downgrade, as warned by some ratings agencies, since some key domestic…

10 years ago

RBI to issue new bank licences by January 2014

The Reserve Bank of India (RBI) will issue new bank licences by January 2014, Raghuram Rajan said on Wednesday after…

10 years ago

Economic slowdown affecting auto sector: Praful Patel

Union Heavy Industries and Public Enterprises Minister Praful Patel on Wednesday said the automobile industry was facing turbulent times due…

10 years ago

Sensex gains 333 points as rupee rebounds

A benchmark index of Indian equities markets gained 333 points or 1.83 percent on Wednesday as the rupee stopped slipping…

10 years ago

Internet giant Google turns 15

Internet search giant Google, which initially set shop in a garage but now has more than 70 offices in more…

10 years ago

Raghuram Rajan takes over as 23rd governor of RBI

Raghuram Govind Rajan on Wednesday took over as the 23rd governor of the Reserve Bank of India (RBI).

10 years ago

Sensex gains 354 points during pre-noon trade

After plunging 650 points a day ago, a benchmark index of Indian equities markets on Wednesday surged by 354.32 points…

10 years ago

Unconventional monetary policies need to go: PM

Prime Minister Manmohan Singh on Wednesday called for an "orderly exit from unconventional monetary policies" in developed countries, so that…

10 years ago

Cabinet nod to plan to reduce urban poverty

Aiming to reduce poverty and vulnerability of urban poor, the Cabinet Committee on Economic Affairs on Tuesday approved restructuring of…

10 years ago

Sensex crashes, rupee slips as Middle East tensions grow

The Indian rupee and stock markets plunged on Tuesday, with benchmark Sensex crashing by 650 points on reports that missiles…

10 years ago

Raghuram Rajan to take over as RBI governor

Raghuram Govind Rajan, chief economic advisor in the finance ministry, is scheduled to take over as governor of the Reserve…

10 years ago

Indian stocks, currency sink as Syrian tension worsens

Indian rupee and stock markets plunged today, with bechmark Sensex sliding by 650 points on reports that missiles were fired…

10 years ago

Sensex sheds 129 point in pre-noon trade

A benchmark index of Indian equities markets was trading down by 129.37 points or 0.69 percent during pre-noon trade today.

10 years ago

Diesel under-recovery rises sharply to Rs.12.12/litre

The under-recovery, or revenue loss, applicable on diesel for the first fortnight effective from September 1st has been pegged sharply…

10 years ago