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FPIs remain Bullish on India; Equity Investments up 40 %
Buoyed by the recent government-backed reforms and hopes of a strong revival in India's economic growth, foreign players increased their investments in the Indian equities markets by 39.67 percent by pumping Rs.111,333 crore during 2014-15.…
India’s Hindu Population to fall by 2.8 % by 2050: PRC
Hindus in India are projected to grow to almost 1.3 billion by 2050 in a total population of nearly 1.7 billion even though their percentage in the nation's population is expected to decline by 2.8 percent -- from 79.5 percent in 2010 to…
India’s Foreign Exchange Reserves increase by $1.4 bn
India's foreign exchange reserves increased by $1.38 billion to $341.37 billion for the week ended March 27, the Reserve Bank of India (RBI) data showed on Friday.
According to analysts, the Indian reserves are being build up by the…
Coal India Ltd misses 2014-15 Target by Three percent
State owned Maharatna company Coal India Ltd's (CIL) production fell short of its target by three percent for the 2014-15 fiscal as total output was logged at 494.23 million tonnes.
The world's largest coal producer, in a regulatory…
Mixed Bag for Luxury Automobile Manufacturers in 2014-15
Luxury automobile manufacturers on Friday reported mixed-bag results for the 2014-15 fiscal as the industry struggled with high base, fuel and interest costs.
The sales of German luxury car manufacturer Audi India soared by 11.51 percent…
Woman Director: 180 Companies Failed to Comply
As many as 180 companies listed on the National Stock Exchange (NSE) have not inducted a woman director so far as required by the Companies Act and officials expect the market regulator to come out with its views and penalties for…
India’s Largest Bank SBI to soon disburse Loans in 10 Days
To improve customer experience, India's largest bank State Bank of India (SBI) is planning to shorten the home loan disbursal period from the current 17 days' time-frame to 10 days, a senior official said in Kolkata on Friday.
"We are…
Audi India’s Sales up 11.5 Percent in 2014-15
German luxury automobile manufacturer Audi India on Friday reported an increase in sales of 11.51 percent during 2014-15 -- 11,292 units sold, up from 10,126 in 2013-14.
According to the company, in 2014-15 it introduced the most powerful…
New Lower Gas Price to cut Urea Subsidy by Rs.930 crore
The cut in gas prices from $5.05 per million British thermal unit to $4.66 from April 1 reflects the reduced international hub prices.
"Natural gas, which forms a majority of the raw material cost for urea production in India, is a pass…
16 Coal Mines up for Third Round Auction: Anil Swarup
The coal ministry will put up 16 mines in the third round of auction starting third week of April, of blocks whose earlier allotments were cancelled by the Supreme Court.
"Third tranche of coal block auction, 11 in regulated and five in…