RBI puts brake on banks to import gold

MUMBAI With gold imports putting pressure on the current account deficit, the Reserve Bank of India on Monday imposed restrictions ...

Diesel costlier by Re 1 per litre from Saturday

NEW DELHI State oil firms have raised diesel price by Re 1 per litre from Saturday, which is double than ...

Domestic car sales on worst sales streak in history

NEW DELHI India‘s car market is enduring its worst sales decline in history after sales in April fell for a ...

March industrial output expands by 2.5%

NEW DELHI India’s industrial production growth rose at a pace of 2.5 per cent in March, after its moderate growth ...

Gold price up in futures trade on global cues

NEW DELHI Buoyed by a firm global trend, gold prices rose by 0.28 per cent to Rs 27,168 per 10 ...

4,000 towns to be brought under ‘Urban Amenities in Rural Areas’: Jairam Ramesh

VIJAYWADA Union Minister for Rural Development Jairam Ramesh today said that 4,000 towns from different parts of the country are ...

Government announces major changes to Foreign Worker Program

  OTTAWA Facing withering criticism over the abuse of the temporary foreign worker program, the government is now making it ...

Wynne’s budget aims to keep Liberals in power

TORONTO At the end, Premier Kathleen Wynne’s government designed the budget to keep their minority government in power, meeting many ...

Bharti to sell 5 percent stake to Qatar Foundation Endowment for $1.26 billion

NEW DELHI/DUBAI Gulf state Qatar has bought a 5 percent stake in telecoms firm Bharti Airtel Ltd(BRTI.NS) for $1.26 billion, ...

Gold prices bounce back by Rs 255 on low-level buying, global cues

NEW DELHI Snapping a three-day losing streak, both the precious metals, gold and silver, recovered sharply in the national capital ...

Chidambaram hopeful on insurance, pension reforms

GREATER NOIDA Notwithstanding the logjam in Parliament, Finance Minister P Chidambaram on Friday exuded confidence that the government would be ...

Govt examining all possibility to raise FDI ceiling: Rajan

GREATER NOIDA Chief economic advisor Raghuram Rajan on Friday said the government is examining all possibility of raising foreign direct ...

SUV tax will compel modifying products to meet new norm: M&M

NEW DELHI Faced with higher excise duty on its SUV models, homegrown auto major Mahindra & Mahindra today said it ...

Sensex declines 160 points on RBI’s “hawkish” policy stance

MUMBAI In a highly volatile trade, the BSE benchmark Sensex on Friday fell by 160 points on profit-booking in interest-sensitive ...

CAD biggest risk to Indian economy, cautions RBI

MUMBAI Describing high Current Account Deficit (CAD) as the biggest risk to Indian economy, the RBI today said any further ...

Bharti Airtel Q4 profit halves to Rs. 509 crore, stock falls

NEW DELHI Bharti Airtel reported a 50 percent fall in quarterly profit that capped the third straight year of declining ...

Hindustan Unilever’s $5.4 bn deal 5th largest inbound M&A transaction

NEW DELHI Hindustan Unilever’s (HUL) $5.4 billion deal with parent Unilever Plc is the largest Asia-Pacific cross border inbound merger ...

Sensex on firm foot; HUL, ITC, Sterlite, Sun Pharma up

MUMBAI The S&P BSE Sensex extended gains after a positive start on Tuesday and climbed past 19,600 level led by gains in ...

HUL surges 16%, nears Rs 600 as Unilever announces open offer

MUMBAI Shares of Hindustan Unilever surged higher on huge volumes on Tuesday as investors rush to buy the stock after ...

China, 15 other Asian nations to start trade talks

BANDAR SERI BEGAWAN Officials say China and 15 Asia-Pacific nations will next month start the first round of talks to ...

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