Finance

Higher Gold Imports Widen CAD to $10.1 bn in Q2; Rupee to Remain Stable in 2015

India's CAD had widens due to rise in gold imports driven by falling gold imports and relexation in import norms. Lower oil import bill and higher capital inflows to provide comfort, keeping the rupee stable.

Dec 9, 2014

SpiceJet Cancels 1,800 Flights For December 2014; Viability Turns Foggy

SpiceJet sees no end to its cancellations, 1,800 flights cut for the month. Capital infusion refuses to emerge.

Dec 9, 2014

Gold sellers announced special discounts for Dhanteras 2014.

Gold Prices Fall for 3rd Straight Day On Poor Demand, Global Cues

Gold, silver prices continue to fall in India, reflecting global sentiments.

Dec 8, 2014

India to Grow Fastest in 'Dollar Nominal Growth' Globally in 2015, Says Credit Suisse

The Swiss bank says that indicators point to India emerging the fastest growing economy in USD nominal growth terms.

Dec 8, 2014

Uber Ride Gets Bumpier With Ban in New Delhi: Death of Ride Share Model in India?

Uber faces an existentialist crisis as government bans it in the capital after one its driver is found to be a serial sex offender

Dec 8, 2014

N.R. Narayana Murthy, Chairman Emeritus of Infosys

Infosys Plunges on Promoters' Share Sale News: Where is a Billion Dollar to be Invested?

Four promoters of Infosys to raise $1.1 billion. No word yet on where the funds are going to be reinvested.

Dec 8, 2014

Centre Clears Long Pending Defence Proposals, Indigenous Companies allowed Foreign Partners For Tech Transfer

Many proposals for local production and import of defence equipment see light of day after years of wait.

Dec 6, 2014

White Label ATM Operators can Serve International Customers, Says RBI

RBI allows white label ATMs to offer services to holders of international debit, credit and prepaid cards and these ATMs are free to choose any bank to partner with.

Dec 6, 2014

2015 US Housing Market Outlook: Steady Economic Recovery to Fuel Real Estate Growth

The U.S. housing market is expected to grow significantly in 2015 as the economy adds more jobs and wage improve for most households.

Dec 6, 2014

World Bank Team Visits India to Help Improve Country's 'Doing Business' Ranking

A team of experts from the World Bank Group are visiting India, to study and offer suggestions to help improve the business climate in the country and suggest macroeconomic reforms.

Dec 6, 2014

SBI To Raise $300 million Through Bond Issue: Coupon Set at 3.95%

SBI to issue $300mn worth bonds through its London branch; to list at SIX Swiss Exchange

Dec 6, 2014

Disinvestment: SAIL Stake Sale Fetches ₹ 1,715 Crore; ONGC, Coal India in Line

The Narendra Modi government's maiden disinvestment initiative is a success, 5% stake sale in state-run SAIL nets ₹1,715 crore. Prospects for offloading stakes in other PSUs brighten.

Dec 6, 2014

SpiceJet Denies Being Put on Cash-and-Carry Mode by AAI

SpiceJet Denies its Credit Facility Revoked by AAI

Dec 5, 2014

India Poised to Grow Faster Than China From 2016, Says Goldman Sachs

Goldman Sachs chief India economist Tushar Poddar expects India's growth to overtake China starting 2016. Structural reforms could provide further impetus.

Dec 5, 2014

Uber Raises $1.2 Billion in Fresh Funding, Firm Now Valued at $40 Billion

Uber, the San Francisco-based ride-sharing service, has raised $1.2 billion in its latest round of funding, which pegs the value of the company at $40 billion.

Dec 5, 2014

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Finance

Higher Gold Imports Widen CAD to $10.1 bn in Q2; Rupee to Remain Stable in 2015

SpiceJet Cancels 1,800 Flights For December 2014; Viability Turns Foggy

Gold Prices Fall for 3rd Straight Day On Poor Demand, Global Cues

India to Grow Fastest in 'Dollar Nominal Growth' Globally in 2015, Says Credit Suisse

Uber Ride Gets Bumpier With Ban in New Delhi: Death of Ride Share Model in India?

Infosys Plunges on Promoters' Share Sale News: Where is a Billion Dollar to be Invested?

Centre Clears Long Pending Defence Proposals, Indigenous Companies allowed Foreign Partners For Tech Transfer

White Label ATM Operators can Serve International Customers, Says RBI

2015 US Housing Market Outlook: Steady Economic Recovery to Fuel Real Estate Growth

World Bank Team Visits India to Help Improve Country's 'Doing Business' Ranking

SBI To Raise $300 million Through Bond Issue: Coupon Set at 3.95%

Disinvestment: SAIL Stake Sale Fetches ₹ 1,715 Crore; ONGC, Coal India in Line

SpiceJet Denies Being Put on Cash-and-Carry Mode by AAI

India Poised to Grow Faster Than China From 2016, Says Goldman Sachs

Uber Raises $1.2 Billion in Fresh Funding, Firm Now Valued at $40 Billion

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]