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ADB projects India’s Growth rate to 7.8% in 2015-16
The Asian Development Bank, ADB, on Tuesday projected India's growth rate to surpass China and improve to 7.8 per cent in 2015-16. It also forecast in 2016-17, India's growth rate would be 8.2 percent.
India's growth and investor…
AirAsia offers 3 million seats at low-cost Fare
In one of the biggest discounted sale offers, Malaysian carrier AirAsia on Monday put three million (30 lakh) seats up for grab for destinations including India.
As part of promotional offer, AirAsia has rolled out fares as low as…
Govt rejects Bids of Jindal Power, Balco for Four Coal Blocks
The government has decided not to accept the bids made for four coal blocks but decided to go ahead with five others that were among those put to scrutiny following the two rounds of e-auctions conducted for 33 mines over February and March…
India’s Foreign Exchange Reserves down $2.06 billion
India's foreign exchange reserves decreased by $2.06 billion to $335.72 billion for the week ended March 13, Reserve Bank of India (RBI) data showed. According to analysts, the Indian reserves fell on the back of a rally in the US dollar…
Unicef inks agreement with CII to set up CSR Hub in Kolkata
With the objective to sensitise the corporate sector in eastern India about their social commitments, Unicef on Friday signed a preliminary agreement with industry body CII to set up a hub in Kolkata.
"The hub will cover Bihar,…
Indian Techies in US Highly Trained: Nasscom
Thousands of Indian techies working in the US on H-1B visa are highly trained and skilled, the IT industry's apex body Nasscom said Friday, refuting claims by former Infosys staffer Jack B. Palmer that they had "minimal skills and little…
BSE Sensex closes 209 Points down; Auto Stocks plunge
A benchmark index of Indian equities markets, the 30-scrip BSE Sensex, closed Friday's trade 208.59 points or 0.73 percent down as auto stocks plunged. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed the day's…
Ratan Tata to head Indian Railways’ Kaya Kalp council
Renowned industrialist Ratan Tata will head a new innovative council of Indian Railways, called 'Kaya Kalp', to suggest ways to turn around the ailing state-run rail network.
Apart from Tata Group's Chairman Emeritus, the Kaya Kalp…
Spectrum Auction:Govt gets Rs1.07lakh crore on 12th day
The Union Government has garnered bids worth of Rs 1.07 lakh crore from telecoms operators at the end of 12th day of Spectrum auction. Till now, 74 rounds of bidding have taken place.
An official release said, there is aggressive bidding…
IMF Chief appreciates Pradhan Mantri Jan Dhan Yojana
International Monetary Fund chief Christine Lagarde has said that India is a bright spot in the global economy and by 2019 India will be more than double in size than in 2009.
Speaking to the students at Lady Shri Ram College in New Delhi,…