India News

Demonetisation to pour cold water on Monte Carlo Fashions during peak season

The October-December quarter accounts for almost 55 percent of total revenues for Monte Carlo Fashions; demonetisation is bad news.

Dec 1, 2016

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Indian economy cools down to 7.1% in September quarter

The GDP growth rate for H1, FY2017 is also 7.1 percent, as disclosed by Commerce and Industry Minister Nirmala Sitharaman on Monday.

Nov 28, 2016

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FIIs on a selling spree on Indian stock markets; Sensex ends week on cheerful note

For the week ended November 25, foreign institutional investors (FIIs) sold Indian stocks worth Rs 5,421 crore.

Nov 26, 2016

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Demonetisation won't affect India's lead against China: Fitch Ratings

The perceived slowdown in Indian economy caused by demonetisation won't ensure neighbouring China taking a lead over its rival.

Nov 25, 2016

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India's spices exports fall 11.42% in volume, jump 12% in value for 2015-16

The government said it is addressing concerns of the trade in other ways but ruled out the formation of additional boards to promote the export of spices.

Nov 23, 2016

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Demonetisation effect: Retail inflation to fall further, says Nomura analyst

Perishable and non-perishable food items show divergent trends since demonetisation; overall, it's bound to reduce inflation.

Nov 23, 2016

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Switzerland will soon cease to be haven for tax-evading Indians

India and Switzerland sign an agreement whereby Indian tax authorities will be accessing data on money stashed in Switzerland.

Nov 22, 2016

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Indian Army gets 5,000 bullet proof jackets, 7 years after planning to procure 3.54 lakh sets

In 2009, the defence ministry approved buying of 3,53,765 bullet proof jackets (BPJs) but quality-related issues hit procurement.

Nov 22, 2016

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Indian rupee falls to hit 9-month low; foreign investors turn net sellers on stock markets

The rupee has been falling steeply to the US dollar since demonetisation even as FIIs are on a selling spree on stock markets.

Nov 18, 2016

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Demonetisation decision by PM Modi 'worst mistake of his career': The Economist

PM Narendra Modi's move to demonetise high-value currencies evokes different views from the Economist and the Financial Times.

Nov 18, 2016

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India's exports rise sharply in October, gold imports spurt; trade deficit widens

External trade data for October shows exports rise almost 10 percent and imports increase 8 percent; gold imports up 108 percent, YoY.

Nov 15, 2016

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Sensex loses 1,200 points in two days over global cues, demonetisation woes

Benchmark indices BSE Sensex and NSE Nifty lose heavily over demonetisation chaos, global headwinds, despite fall in retail inflation.

Nov 15, 2016

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India witnesses heightened activity in currency, banking, stocks, forex

Select currencies demonetised, chaos in banking system; stock markets crash on global worries over likely interest rate hike by US Fed.

Nov 12, 2016

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Sensex, Nifty end with gains ahead of crucial US election results

Sensex, Nifty gain tracking Asian equities on FBI's decision not to pursue probe into Hillary Clinton's emails.

Nov 7, 2016

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GreenSignal Bio Pharma IPO: Price band, issue date and other details

GreenSignal Bio Pharma is a vaccine making company promoted by P Sundaraparipooranan, P Murali and Mallika Murali.

Nov 5, 2016

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India factory output rises to 22-month high in October

The Nikkei/Markit Manufacturing Purchasing Managers' Index shot up to 54.4 in October from September's 52.1.

Nov 1, 2016

India vs New Zealand: Sunil Gavaskar compares Virat Kohli's mind to computer

Kohli has the special ability to pierce gaps at will to hit boundaries.

Oct 24, 2016

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World's fastest-growing economy sees buoyancy in exports amid global gloom

Exports rise 4.6 percent even as imports shrink 13.77 percent in September, India's trade data shows.

Oct 15, 2016

India vs New Zealand: Proud moment for Indore to host a Test match, says Virat Kohli

The India captain is not worried about his lack of runs in the series.

Oct 7, 2016

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India earns $15 billion from foreign tourist arrivals in 2016

During January to August this year, 5.59 million foreign tourists visited India, spending $14.92 billion, shows government data.

Sep 20, 2016

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