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Mobile Industry contributes $1.1 tn to Asia Pacific Economy
The mobile industry in Asia Pacific contributes more than $1 trillion per year to the region's economy, fuelled by rising mobile broadband and smartphone penetration, a new report by GSMA said.
GSMA (Groupe Speciale Mobile Association)…
Eurozone reaches agreement; 3rd Bailout for Greece
Eurozone leaders on Monday reached a "unanimous" agreement after marathon talks over a third bailout for Greece, European Union (EU) President Donald Tusk said.
He said that a bailout programme was "all ready to go" for Greece, "with…
Greece deal buoys investors, BSE Sensex gains 300 Points
A barometer index of the Indian equity markets provisionally closed 300 points up on Monday, as investors' sentiments were buoyed on account of Greece reaching an agreement for a new bailout package.
The wider 50-scrip Nifty of the…
SC rejects Liquor Baron Vijay Mallya’s Plea against ED
In a setback to liquor baron Vijay Mallya, the Supreme Court on Monday rejected his plea challenging the criminal proceedings for wilfully disobeying an Enforcement Directorate summons relating on payment of $200,000 to a British company…
BSE Sensex gains 86 Points in Early Session
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Monday was trading 86.25 points or 0.31 percent up during the morning session.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also…
Better Monsoon this year will help check Inflation: Arun Jaitley
Mumbai, July 12: With rains this year having advanced well into the country, Finance Minister Arun Jaitley on Sunday said a better monsoon would help check food inflation.
"It appears that the rain gods may be kinder this year to us than…
‘Iron ore only blot on Vedanta Metal Production performance’
Iron ore was the only blip on Vedanta Ltd's performance as far as metals are concerned but company chairman Naveen Agarwal expressed confidence in future prospects of copper, zinc, lead and aluminium production.
Speaking during Vedanta's…
Sitharaman meets stakeholders on FDI in e-commerce
With retail store operators going to court seeking parity between online and offline retailers, Commerce Minister Nirmala Sitharaman met industry representatives from both e-commerce and retail companies on Friday to discuss opening up the…
Xiaomi to develop E-Commerce Business Model
Xiaomi, the world's third-largest smartphone maker, is developing a full-fledged e-commerce business model for its phones and other devices which it plans to introduce soon in the Indian market.
Xiaomi India head Manu Kumar Jain told…
India’s Index of Industrial Production slows in May 2015
A retarded growth in manufacturing output slowed India's overall industrial production expansion to 2.7 percent for May -- against 4.1 percent in April, official data showed on Friday.
As per the quick estimates of the Index of…