Economy News

Richest Indian Mukesh Ambani has $18.6 Billion; Richest Man on Earth Bill Gates has $76 Billion

Mukesh Ambani, the chairman of India's Reliance Industries has emerged as the richest Indian with a net worth of $18.6 billion.

Mar 4, 2014

Forbes 2014 Billionaires List: Sheryl Sandberg, Sara Blakely, Oprah Winfrey Join Global Super Rich Club

A record number of women have made it to the 28th annual Forbes billionaires list.

Mar 4, 2014

Ink Attack: Black Ink Splattered on Sahara Chief Subrato Roy; Attacker Shouts 'He Robs the Poor'

Sahara Chief Subrato Roy was attacked as he arrived at the Supreme Court and the attacker is said to be splattered him with black ink.

Mar 4, 2014

PM Calls Upon Indian MSME Sector to Promote Exports

Indian Prime Minister Manmohan Singh on 1 March called upon the country's micro, small and medium enterprises (MSME) sector to promote exports by utilizing the globalization process unleashed by the government.

Mar 1, 2014

Samsung Galaxy S5 Metal Variant aka Galaxy F Tipped to Debut in May: Report

Samsung Galaxy S5 Metal Variant aka Galaxy F - During the lead up to the Galaxy S5 unveiling, numerous rumors indicated that the phone would come in metal body.

Feb 28, 2014

Canada Pension Plan Investment Board to Invest ₹1,000 Crore in L&T Unit

Canada Pension Plan Investment Board (CPPIB) is set to invest ₹1,000 crore ($161.4 million) in L&T Infrastructure Development Projects (L&T IDPL), a unit of Larsen and Toubro Ltd (L&T).

Feb 25, 2014

SpiceJet, GoAir, IndiGo Slash Fares by 75 Percent; Will Other Carriers Follow Suit?

SpiceJet on Monday triggered a fare war by slashing its ticket prices by a massive 75 percent, a move which soon forced its rivals GoAir and IndiGo to bring down their prices.

Feb 25, 2014

Facebook Buys WhatsApp: $19 Billion Shocker Investment is Equal to Total Annual Lending by World Bank

Facebook's investment of $19 Billion in WhatsApp messaging service is equal to the total annual lending by World Bank.

Feb 20, 2014

Arvind Kejriwal at CII: AAP Chief Explains Dynamics of ‘Aapnomics’, Says Party is Only Against ‘Crony Capitalism’ [Reactions]

Aam Aadmi Party chief Arvind Kejriwal on Monday said that he is only against 'crony capitalism' not business.

Feb 18, 2014

Mumbai Monorail News: India's First Monorail Service Inaugurated [Latest Reactions]

The service will be open to the public on Sunday making Mumbai the first Indian city to ever use such a transport facility.

Feb 1, 2014

Reserve Bank of India to Withdraw all Currency Notes Prior to 2005; When and How to Exchange Old Banknotes

In what appears to be an attempt to curb black money and fake currencies, the Reserve Bank of India (RBI) on Wednesday decided to withdraw all currency notes, including ₹500 and ₹1000 issued prior to 2005.

Jan 23, 2014

American Bazaar Business Conclave 2014 to Focus on US Visa Problems Post Recession

American Bazaar Online will be hosting its inaugural conclave in Bengaluru, India, focusing on the opportunities and challenges of Information Technology in the United States, especially in the post-recession period.

Jan 22, 2014

US-India Row: New Delhi Cancels Energy Dialogue as US Judge Refuses to Extend Devyani Khobragade's 13 January Hearing

India has indefinitely postponed an energy dialogue with the United States that was set to take place next week, after a federal judge denied Devyani Khobragade's request to extend the 13 January deadline for a preliminary hearing, the date she will be indicted.

Jan 9, 2014

CES 2014: Innovative Technology Trends to Watch Out For

The countdown for the 2014's first and one of the year's biggest electronics trade fair, International CES (Consumer Electronics Show) has already begun. The event is scheduled to run for four days straight (7- 10 January) at Las Vegas Convention Centre, Nevada hosting industry's top-notch companies like Samsung Asus, LG as well as new upcoming start-up firms like Innovega and others to show case their innovative technology.

Jan 5, 2014

China's Unmanned Spacecraft Chang'e-3 Lands on Moon [PHOTOS]

China successfully soft-landed it's lunar probe Chang'e-3 on the moon on Saturday night, becoming the third country to accomplish such a feat after the US and former Soviet Union.

Dec 15, 2013