Finance

RBI Tightens Regulatory Norms for Asset Reconstruction Firms

Additionally the apex bank has also asked these companies to disclose the recoveries made under each asset that they acquire.

Aug 7, 2014

Gold for Bitcoin? Global Chase for Virtual Currency Takes Roots in India Too

'Gold for Bitcoin' is emerging as a new trend in the world of online transactions.

Jul 28, 2014

Gujarat Government Favoured Reliance and Adani, Reveal CAG Reports

The Comptroller and Auditor General has slammed Gujarat government for mismanagement of the state's financial resources for the financial year ended 31 March 2013.

Jul 26, 2014

a-woman-counts-u-s-dollars-at-a-money-changer

Cabinet Clears 49% FDI in Insurance

The union cabinet on Thursday cleared FDI cap hike in insurance from 26 percent to 49 percent, to ease FDI limit in the domestic insurance sector.

Jul 25, 2014

Thailand Regains Spot as Top Rice Exporter due to Delayed Monsoon in India

Thailand's exports volume has breached India's exports volume this year.

Jul 21, 2014

What Does Indian Defence Get in Military Projects Worth ₹34,260 Crore?

In a meeting of Defence Acquisitions Council on Saturday, Arun Jaitley cleared military projects worth ₹34,260 crore.

Jul 20, 2014

Minerals Council of Australia Extends Help to Indian Mining Companies

Minerals Council of Australia (MCA) is keen to help Indian mining companies, in the area of sustainable mining.

Jul 19, 2014

Industrial Output Grows 19-Month High of 4.7 % in May 2014

Industrial production grew 4.7 percent in May 2014, according to the data released by Central Statistics Office on Friday.

Jul 12, 2014

Indian security personnel stand guard near sacks containing the papers of the federal budget for the 2014, 2015 fiscal year, at the parliament in New Delhi

How People Responded to Budget 2014?

Read responses from individuals and organisations on Twitter about Union Budget 2014.

Jul 11, 2014

A man looks at a screen across the road displaying the election results on the facade of the BSE building in Mumbai

Market Falls After Heavy FII Sales, Rail Stocks Plunge on Budget Day

Indian stock indices on Tuesday traded lower after surging during early trade on Railway budget presentation day.

Jul 8, 2014

Nifty Hits all Time High Ahead of Budget, Sensex Opens Higher with Surge in IT Stocks

At 10:30 am on Monday BSE Sensex and NSE Nifty surged by 0.44 percent and 0.25 respectively ahead of budget.

Jul 7, 2014

Rupee Gains 0.1% in Early Hours but Falls to Thursday's Closing Later

The Indian currency gained 9 paise during early trade at 59.64 per dollar, but it regained its Thursday's closing price of around 59.73 a dollar at 10:30 am on Friday.

Jul 4, 2014

Rupee Weakens, Shares Fall after Touching Record High amid BSE Network Outage

The Indian markets settled lower on Thursday after opening on a record high.

Jul 3, 2014

Sensex Surges, Nifty Declines as BSE Resumes Trading after Halt

While the index was recorded 25844.83 points at 1:07 pm, which surged by 3.62 points and 0.01 percent after resumption, it plunged by 3.30 points at 25837.91 points at 1:10 pm. Nifty too fell by 7.20 points at 7717.95 points.

Jul 3, 2014

Rupee Gains, Market Records High on Finance Minister's Optimism

The Indian stock market on Wednesday opened on bullish note, following Finance Minister Arun Jaitley inaugurated digital banks across the nation on Tuesday. The stocks of banking sector plunged higher, but BSE Information Technology stocks declined during trading hours.

Jul 2, 2014