Economy News

Aishwarya Rai Bachchan Sizzles in Off-Shoulder Black Gown [PHOTOS]

Aishwarya Rai Bachchan has become the brand ambassador of realty developer Lodha Group. After endorsing a jewelry group, watch brand and cosmetics company among others, the Bollywood actress and former Miss World will now be the new face of a realty group.

Aug 20, 2013

Will Govt Relinquish Gold Investment with Rising Consumer Demand?

Despite an import duty hike and gold prices climbing an eight-month high on Saturday at ₹31,000 per 10 grams at the domestic bullion market, there still remains a strong consumer appetite in India for gold.

Aug 18, 2013

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Mamata Banerjee Wants a World Trade Centre in West Bengal

West Bengal Chief Minister Mamata Banerjee and her state finance minister Amit Mitra met top business leaders in Mumbai on Friday. She briefed them about her ambitious plan to build the next World Trade Centre in the Kolkata capital of the state.

Aug 2, 2013

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IT Placements to Slump Despite Boost in Jobs

Campus placements have been on an all-time low for IT job seekers, but experts claim that the industry will generate at least 1.20 lakh jobs within a year. However, they also said that campus hiring will be reduced by 30 percent in 2013 as compared to last year.

Jul 28, 2013

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India-US Trade Relations: Joe Biden Urges India to Remove Obstacles Faced by American Companies

United States Vice President Joe Biden has urged India to create an investment-friendly environment and remove trade obstacles faced by American companies, be it restriction in foreign direct investment (FDI) or local tax treatment.

Jul 25, 2013

US Vice President Joe Biden Leaves for India to Boost Economic Ties

US Vice President Joe Biden left today for a four-day visit to India to discuss a wide range of bilateral issues on economy, trade, defence and energy.

Jul 22, 2013

Andhra Pradesh Caretaker Chief Minister N Kiran Kumar Reddy

China to Invest $160 Billion in Andhra Pradesh

China is gunning for the top spot among the countries investing in India with the proposed $160 billion investment in Andhra Pradesh.

Jul 21, 2013

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Govt to Clear Additional Funds for Railways, Power Sectors in North-East Region

Prime Minister Manmohan Singh chaired a meeting on the progress of infrastructure development in the north-eastern region.

Jul 20, 2013

RBI Imposes Penalties on 22 Banks with Fines Upto ₹30 Million

The Reserve Bank of India (RBI) has imposed penalties on 22 banks, including State Bank of India (SBI), Bank of Baroda and Canara Bank, for violating rules of customer identification and anti-money laundering. The banks have been fined ranging from ₹5 million to ₹30 million for the offence.

Jul 15, 2013

Indo-Pak Conflict May Shift to Afghanistan, Says Former US Envoy

India and Pakistan's conflict could soon go beyond the borders and shift to Afghanistan, as the latter's military policy towards the former has not changed over the years, said Robert Blackwill, former US Ambassador to India.

Jul 12, 2013

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India Seeks French Investment in Infrastructure, Transport and Energy Sectors

India on Tuesday sought investment support from France in infrastructure, transport high technology and energy sectors. Commerce and Industry minister Anand Sharma met his French counterpart Nicole Bricq and reiterated PM Manmohan Singh's plan to boost investor sentiment in these key industries.

Jul 10, 2013