Economy News

Budget 2015: Indian Economy to Record 5.5% Growth in 2015, Says Report

A research report sees the Indian economy expanding by 5.5% in 2015, owing to the fall in crude oil prices and interest rates.

Jan 30, 2015

Coal India OFS Scrapes Through, Oversubscribed By 1.04 Times Minutes Before Closure

Retain investor segment saw just 42.5% subscription, while non-retail portion was oversubscribed by 1.2 times.

Jan 30, 2015

all-efforts-on-to-make-india-open-for-business-jayant-sinha

India Poised to Become $5 Trillion Economy by 2025: Jaitley Deputy

It's a great time to invest in India, according to him.

Jan 30, 2015

Olacabs to Buy Rival TaxiForSure for $200 mn to Take on Uber

Taxi aggregator Olacabs bought rival TaxiForSure to help take on the might of US-based Uber and also to rationalise costs.

Jan 29, 2015

Coal India: 10% Stake Sale on Friday to Raise ₹24,000 Crore; Shares Slide by 5%

The government has decided to divest almost 10% of its share holding in Coal India, to help mop-up almost ₹24,000 crore to help manage the fiscal deficit at 4.1%

Jan 29, 2015

Govt to Sell Stake in ONGC this Fiscal: Oil Minister Dharmendra Pradhan

The Narendra Modi government is going ahead with the stake sale of ONGC in the current fiscal, said oil minister Dharmendra Pradhan.

Jan 28, 2015

Mr. H.E. Joon-gyu Lee, Ambassador of the Republic of Korea to India, Mr. Hyun Chil Hong, President & CEO, Samsung India Electronics Ltd and Shri Akhilesh Yadav, Hon'ble Chief Minister, Uttar Pradesh unveiling the expansion of Samsung India Electronics Pv

Samsung Invests ₹517 Crore to Expand Noida Plant

The Tizen-based Smasung smartphone Z1 will be manufactured at the Noida plant.

Jan 27, 2015

Spice Group To Set Up Mobile Making Unit for ₹500 crore in UP, India

Signs MoU with Government of UP to set up the plant in the state

Jan 27, 2015

'Everything is Going Well With India' Says Jaitley; Sensex Closes at Record High

The Finance Minister said the fiscal targets are likely to be met for the year and noted that the manufacturing sector is witnessing a turnaround.

Jan 27, 2015

IBM Denies Forbes Massive Layoff Report, Confirms 'Workforce Rebalancing' but on Smaller Scale

The IT firm dismissed rumours surrounding a Forbes report claiming the company is to cut about 1,12,000 jobs.

Jan 27, 2015

India's Swiss Gold Imports Cross ₹1.2 Lakh Crore in 2014; Illicit Funds Being Routed Back Through Bullion?

The government suspects bullion and diamonds are being used to bring back illicitly stashed money from foreign shores.

Jan 27, 2015

Obama, Modi to Address CEO Forum Meeting

Prime Minister Narendra Modi's "Make in India" campaign is said to be the top agenda of the meeting.

Jan 26, 2015

Budget 2015 : No Increase in Tax Rates, Incentives for Manufacturing Sector

Jaitley indicates that Budget 2015 will not witness a rise in tax rates.

Jan 24, 2015

Govt Likely to Sell 5% Stake in PFC Next Week; Lines Up Dredging Corp, NMDC, IOC and NALCO

In a bid to limit the fiscal deficit to 4.1 per cent, the government is looking to sell stakes in key organisations.

Jan 24, 2015

King Abdullah's Death: Oil Price Increase Unlikely To Continue Amid Excess Supply

The new King will continue to use the services of Oil Minister Ali al-Naimi, read the royal decree.

Jan 24, 2015

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Economy News

Budget 2015: Indian Economy to Record 5.5% Growth in 2015, Says Report

Coal India OFS Scrapes Through, Oversubscribed By 1.04 Times Minutes Before Closure

India Poised to Become $5 Trillion Economy by 2025: Jaitley Deputy

Olacabs to Buy Rival TaxiForSure for $200 mn to Take on Uber

Coal India: 10% Stake Sale on Friday to Raise ₹24,000 Crore; Shares Slide by 5%

Govt to Sell Stake in ONGC this Fiscal: Oil Minister Dharmendra Pradhan

Samsung Invests ₹517 Crore to Expand Noida Plant

Spice Group To Set Up Mobile Making Unit for ₹500 crore in UP, India

'Everything is Going Well With India' Says Jaitley; Sensex Closes at Record High

IBM Denies Forbes Massive Layoff Report, Confirms 'Workforce Rebalancing' but on Smaller Scale

India's Swiss Gold Imports Cross ₹1.2 Lakh Crore in 2014; Illicit Funds Being Routed Back Through Bullion?

Obama, Modi to Address CEO Forum Meeting

Budget 2015 : No Increase in Tax Rates, Incentives for Manufacturing Sector

Govt Likely to Sell 5% Stake in PFC Next Week; Lines Up Dredging Corp, NMDC, IOC and NALCO

King Abdullah's Death: Oil Price Increase Unlikely To Continue Amid Excess Supply

J&K's IAS aspirant tops class 12 exams; mother visits son's grave to congratulate [details]

"Women belong in kitchen": Burger King's clickbait attempt to promote scholarship backfired

Bigg Boss Kannada 8: Nirmala, Divya, Geetha, Nidhi, Vishwanath, Chandrakala Nominated in 2nd Week

NIA takes over Ambani security scare case as the mystery continues [details]

India Seeks Funds From Quad To Match China's Vaccine Push: Report