Browsing Category
Business
Piyush Goyal sees One trillion Dollar investment in Power Sector by 2030
Shri Piyush Goyal, Union Minister of State(IC) for Power, Coal and New & Renewable Energy said that the government is committed to ensure that the poorest of the poor, the person at the bottom of the pyramid, is duly served first with…
BSE Sensex surges 559 points in afternoon trade
Mumbai, Feb 15: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Monday surged 559.21 points or 2.43 percent during the afternoon session.
The wider 50-scrip Nifty of the National Stock Exchange…
India’s wholesale inflation marginally down in January
New Delhi, Feb 15: Thanks to the seasonal softening in the food prices and a sharp drop in fuel costs, India's annual wholesale rate of inflation declined marginally to (-)0.90 percent for January from (-)0.73 percent for the month before,…
Indian corporate leaders laud conglomerate business model
Mumbai, Feb 15: Indian corporate leaders on Sunday made a pitch for the Indian business model of conglomerates in a context where globalisation is increasingly calling for speed in corporate decision-making.
"We have focused companies…
Indian economy to be more attractive, stable: KPMG
Mumbai, Feb 15: India is expected to progress into a stable and more attractive investment destination owing to favourable macroeconomic policies and conditions, leading business consultancy firm KPMG said in a report.
"With favourable…
Snapdeal raises $200 mn from various investors
New Delhi, Feb 15: Online marketplace Snapdeal said on Monday it raised $200 million from investors led by Canada's Ontario Teachers' Pension Plan and funds advised by Iron Pillar.
"We see these investments as a continuing endorsement of…
Japanese economy shrinks annualised in Q4 2015
Tokyo, Feb 15: The Japanese economy, the third largest in the world, shrank annualised 1.4 percent in the fourth quarter of 2015 due to weak private consumption and slow wage growth, data released on Monday showed.
The decrease in…
Toyota resumes production at domestic plants
Tokyo, Feb 15: Japanese auto giant Toyota Motor on Monday resumed production at its domestic plants after a week-long suspension of operations due to a shortage in steel, caused by an accident in a subsidiary's factory.
In a statement,…
Japan shares end sharply high
Tokyo, Feb 15: Japan shares ended the trading on Monday sharply higher with its benchmark Nikkei stocks index surging over 1,000 points and rebounding over the 16,000 line.
Sentiment here was boosted by a weaker yen, the upbeat US retail…
Seoul’s money supply posts fastest growth in five years
Seoul, Feb 15: Money supply in South Korea posted its fastest growth in five years in 2015 due to record low interest rates, central bank data showed on Monday.
The country's M2, or broad money, averaged 2,182 trillion won (about $1…