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Hyderabad’s IT Exports grow by 15.7 Percent
Hyderabad, June 2 (IANS): Hyderabad has achieved Information Technology exports of Rs.66,276 crore during 2014-15, a growth of 15.7 percent over the previous year, a minister said on Tuesday.
Telangana's Information Technology Minister…
Government, India Inc. welcome RBI’s Third Policy Rate Cut
New Delhi/Mumbai, June 2 (IANS): Major stakeholders of the Indian economy, especially the government, India Inc. and investment funds, welcomed the third policy rate cut announced by the apex bank on Tuesday.
The Chief Economic Adviser to…
BSE Sensex provisionally closes 660 Points down
Mumbai, June 2 (IANS): A less-than-expected easing of the monetary policy by the Reserve Bank Of India and the hawkish outlook given by it, subdued investor sentiments and led a barometer index of the Indian equities markets to…
Twitter launches Official Partner Programme for Advertisers
New York, June 2 (IANS): Taking its partnership with IBM for delivering better insights on customer data a step further, Twitter has announced the launch of the Official Partner Programme.
The new programme is a consulting tool that…
Hyundai to launch its New SUV by Second Half of 2015
New Delhi, June 2 (IANS): Automobile major Hyundai Motor India on Tuesday said the global roll-out of its new SUV (sports utility vehicle) 'Creta' will start from the second half of 2015 in India.
Acording to the company, the “Hyundai…
Some New Banking Licences by August, says RBI Governor
Mumbai, June 2 (IANS): The first set of new banking licences will be issued by August, taking the number of such private financial institutions operating in the country to more than 12.
"I hope to announce at least one set of bank licence…
BSE Sensex down 170 Points, Interest Sensitive Stocks hit
Mumbai, June 2 (IANS): Investor anxiety -- over whether the apex bank would cut key lending rates led a barometer index of the Indian equities markets to trade deep in the red during the pre-noon session on Tuesday.
The benchmark index…
RBI marginally lowers Repo Rate by 25 bps at 7.5 Percent
Mumbai, June 2 (IANS): Giving in to overwhelming demands for an easing of the monetary policy, the Reserve Bank of India (RBI) on Monday lowered its short-term lending rate by 25 basis points in a move that could potentially reduce the cost…
Indian Stock Market down ahead of Monetary Policy update
Mumbai, June 2 (IANS): Ahead of the monetary policy update by the central bank later in the day, key Indian stock market on Tuesday opened slightly higher, but immediately lost ground, as uncertainty remained over a possible cut in interest…
Dharmendra Pradhan to address 6th OPEC International Seminar
New Delhi, June 2: Shri Dharmendra Pradhan, Minister of State (Independent Charge) of Petroleum and Natural Gas is visiting Vienna, Austria from June 2 – 4, 2015. During the official visit, he will be addressing the 6th OPEC International…