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RBI Keeps Rates Unchanged to Maintain Financial and Price Stability

Consumer price index-based retail inflation eased to 7.8 percent in August from 8.59 percent in April. Wholesale price index (WPI) inflation has also eased to 3.74 percent in August from 5.55 percent at the start of the current fiscal.

Sep 30, 2014

BSE and Bank of New York Mellon to Provide Security Bonds to Foreign Investors

BSE Ltd and Bank of New York Mellon have signed an agreement enabling foreign investors to provide AAA rated sovereign bonds traded outside of India as collateral for trades done on the domestic exchange

Sep 27, 2014

Govt Picks Morgan Stanley, Standard Chartered, Axis Capital and Others to Manage Share Sale

Among them are Morgan Stanley, Standard Chartered, JM Financial, Avendus, SBI and Axis Capital.

Sep 27, 2014

ADB Sells 5.2% Petronet Stake to Citigroup and HDFC

ADB sold over 39 million shares of Petronet LNG on BSE in various block deals, at an average price of ₹183.2 a share.

Sep 27, 2014

China Imports Gold Ahead of National Day; Demand in India to Surge this Festive Season

Demand in India - the second biggest buyer of the metal - is also set to pick up as the festival and wedding season kicked off this week.

Sep 26, 2014

Monsoon to Withdraw from North-west India Next Week

Although possible rainfall in its central and southern regions could still help summer crops

Sep 26, 2014

Alibaba's Blockbuster Debut Creates History, Shares Surge 38% on Massive Demand

IPO of this Chinese e-commerce firm is likely to rank as the largest in the history

Sep 20, 2014

Gold Imports to Rise, Premiums may Double Ahead of Diwali

After and during the Indian festive season, Indian gold premiums to the global benchmark are also expected to surge by ₹731 to ₹912 for 30 grams, from the current rate of ₹426 to ₹609 an ounce.

Sep 18, 2014

De Beers Warns of Rise in Price as Diamonds Become Even Rarer

Global diamond sales stood at $79 billion (₹4.7 lakh crore) in 2013 rising 3% compared to 2012.

Sep 18, 2014

How Scottish Independence Could Affect Scotch Prices

If Scotland succeeds in winning the elections against UK, their Whiskey exports to India could become costlier

Sep 17, 2014

Govt to Deregulate Diesel after State Polls, Oil Companies Make Hay

By holding the prices, state oil companies will make huge amount of profits.

Sep 16, 2014

Mining Curbs Force India, a Former Leading Exporter, to Turn Importer

India turns into a big importer due to a cutback in domestic production as mine closures create major setback in domestic supply

Sep 16, 2014

August Inflation Drops to 5-Year Low of 3.74 %; Market Dips

The August Wholesale Price Index inflation is the lowest since October 2009 when it stood at 1.8%.

Sep 15, 2014

Yellow Metal Loses Sheen: India's Gold Obsession may Finally be Over

Gold prices fall due to low demand and weak global trend. Investment in gold declined by 67% in June quarter

Sep 12, 2014

Mega Disinvestment Drive: Govt to sell ₹44,000-crore stakes in CIL, ONGC and NHPC

Cabinet hopes to target fiscal deficit as the share sale is likely help the government meet the budget target

Sep 11, 2014

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