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Marico Q3 profit rises by 79.63 Percent
Mumbai, Jan 30: Leading consumer products group Marico Ltd on Saturday said its standalone profit in third quarter of 2015-16 grew by 79.63 percent, to Rs.236.87 crore as against Rs.131.86 crore posted in the same quarter of 2014-15.…
Weak dollar strengthens India’s Forex reserves: Experts
Mumbai, Jan 30: Weakness in the US dollar slightly buoyed India's foreign exchange (Forex) reserves during the week ended January 22, experts said on Saturday.
However, the Forex coffers would have been heavier had it not been for the…
France’s GDP grows 1.1 percent in 2015
Paris, Jan 30: France expanded its gross domestic product (GDP) by 1.1 percent in 2015 in line with the government's target, compared to the 0.2 percent rise a year earlier, Insee figures showed.
Last year, France saw household…
Bank of Japan to introduce negative interest rate
Tokyo, Jan 30: The Bank of Japan (BOJ) surprised markets by announcing that it would introduce a negative interest rate to show resolution in the fight against prolonged deflation.
The proposed remedy, however, may hold few substantial…
Facebook bans selling guns on website, Instagram
New York, Jan 30: Taking a cue from President Barack Obama's stand on curbing gun violence in the US, social networking giant Facebook has banned private gun sales on its site and mobile photo and video-sharing app Instagram.
The Mark…
Surprised at GST objections, but haven’t lost hope: Jaitley
New Delhi, Jan 30: Finance Minister Arun Jaitley on Saturday said he was surprised when the Congress party voiced its objections to the goods and services tax bill after initiating it, but hoped it will see a passage in parliament…
Government set to ‘transform’ banking sector, says Jayant Sinha
Mumbai, Jan 30: The government's reform agenda for the banking sector was to "transform" the sector itself, union Minister of State for Finance Jayant Sinha said on Friday.
Addressing the 11th ASSOCHAM Annual Banking Summit here, he said…
US stocks surge after BOJ’s surprise move
New York, Jan 30: The US stocks posted solid gains on Friday as the Bank of Japan (BOJ) unexpectedly decided to implement a negative interest rate policy.
The Dow Jones Industrial Average leapt 396.66 points, or 2.47 percent, to…
Japan offers support to Kerala IT firms
Thiruvananthapuram, Jan 30: The Japanese city of Minami Uonuma (MU) has expressed its desire to support small and medium sized information technology (IT) companies from Kerala to expand operations in the Japanese market by offering office…
FDI to India increased 39 percent in 18 months: PM Modi
New Delhi, Jan 29: Prime Minister Narendra Modi on Friday said the foreign direct investment (FDI) to India has increased by 39 percent in the last 18 months even while falling globally.
"The FDI to India increased by 39 percent in the…