Business news

India is fourth biggest exporter of illicit capital; China leads, says report

With an average annual outflow of $51.03 billion, India is the fourth biggest exporter of illicit capital.

Dec 9, 2015

PF deposits may earn more interest this fiscal: Report

EPFO has kept the interest rate on PF deposits unchanged at 8.75 in the past two financial years.

Dec 9, 2015

Without GST we effectively divide our own country: Mahindra Group chairman

"In a fragile world, India's Brahmastra is its huge domestic market," he said.

Dec 9, 2015

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Mexico: Brutal cartels fight over conflict-free gold revenues

Heroin traffickers linked to the abduction and disappearance of 43 students a year ago are battling over millions of dollars paid by Canadian mining giant Goldcorp to a village in Mexicos southern gold belt, leading to a wave of murders.

Dec 8, 2015

Netgear to launch faster, premium router with better features for WiFi access

Nighthawk X8 AC5300 Smart WiFi Router (R8500), delivers amazing internet performance with combined WiFi speeds up to a blistering 5.3Gbps-plus.

Dec 8, 2015

Vodafone to roll out 4G services in Kochi from 10 December

It will be the first telecom operator in Kerala to offer 2G/ 3G/ 4G services on its own radio.

Dec 8, 2015

Gold traders raise bets prices will soon drop to $1,000

Gold has already lost 9% this year.

Dec 8, 2015

Larsen & Toubro wins orders worth Rs 1,960 crore

The orders span Tamil Nadu, Odisha and Andhra Pradesh.

Dec 8, 2015

Indian industry group to launch first physical gold exchange

A dedicated physical gold exchange could lead to standard gold pricing in India.

Dec 8, 2015

Sensex, Nifty continue losing streak, oil, realty stocks fall sharply

Many public sector bank stocks plunged to a new 52-week low during the day.

Dec 8, 2015

Karnataka to incubate 20,000 start-ups by 2020: CM Siddaramaiah

The effort is expected to create six lakh direct and 12 lakh indirect jobs.

Dec 8, 2015

Tata Group market cap tumbles $24 billion in 8 months

The Group has 29 listed companies.

Dec 8, 2015

Indian Navy set to negotiate purchase of multi-role Sikorsky helicopters

Although the helicopters were selected in December 2014, there were some issues over cost escalations.

Dec 8, 2015

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Oil Prices: Why Ryanair and Royal Mail will benefit from the collapse of crude

Falling oil prices are set to benefit airlines and logistics companies this Christmas.

Dec 8, 2015

Digital commerce market in India to triple by 2017: Report

The market is expected to triple to a whopping $128 billion in 2017 from $42 billion.

Dec 7, 2015

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