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ADB to increase India lending to $12 bn by 2018
Asian Development Bank president Takehiko Nakao on Tuesday said the bank is looking to increase exposure in India, especially in infrastructure, skill development and urban services, and proposes to increase lending to the country by almost…
BSE Sensex surges 123 Points in Early Trade
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Wednesday was trading at 123.53 points or 0.46 percent up during the morning session.
The wider 50-scrip Nifty of the National Stock Exchange (NSE)…
BSE Sensex ends 100 Points up; Tata Power gains 2.57%
A benchmark index for Indian equities, the sensitive index (Sensex) of the Bombay Stock Exchange, rebounded and closed 99.96 points -- or 0.38 percent -- up after volatile trading on Tuesday.
The wider Nifty of the National Stock Exchange…
India’s Trade Deficit falls by 8 percent at $10.41 billion in May
India's trade deficit in May registered a three-month low at $10.41 billion -- nearly 8 percent lower than the figure for the same month last year at $11.24 billion, commerce ministry data showed on Tuesday.
Exports shrank by over 20…
India’s Wholesale Inflation still negative, but tad up to – 2.36%
India's annual wholesale inflation continued to be in the negative in May but moved up slightly to (-)2.36 percent from (-)2.65 percent in the previous month, mainly on account of a rise in prices of food articles, official data showed on…
Petrol Prices hiked by 64 Paise/Litre, Diesel cut by Rs 1.35
Citing a fall in international diesel rates, state-run Indian Oil (IoC) on Monday cut the fuel price by Rs.1.35 per litre, while increasing that of petrol by 64 paise a litre effective midnight. Both rates include state levies in Delhi, the…
BSE Sensex sheds 38 Points in Early Trade
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), was on Monday trading at 38.08 points or 0.14 percent down during the morning session.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was…
Selection of Chief Executives at 5 State-Run Banks from Today
As many as 26 shortlisted candidates, including executives from private sector banks, are to appear for interviews in New Delhi for two days from Monday, for the posts of chief executive and managing director at five major banks.
A…
$2.3 bn All-Share Deal: Cairn India to merge with Vedanta
Industrialist Anil Agarwal on Sunday announced the merger of two of his group companies -- the oil and gas exploration major Cairn India with the natural resources arm Vedanta Ltd. Cairn shareholders will get one equity and one redeemable…
Arun Jaitley to embark on 10-Day US Visit from Tuesday
Union Finance Minister Arun Jaitley will leave here on Tuesday on a 10-day US visit during which he will meet US Secretary of Treasury Jacob Lew, foreign institutional investors (FIIs) and US industry leaders.
An official source here…