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India seeks to speed up foreign deals with 'one-stop shop'
Mon, 18 May 2015 21:40:31 +0530
The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.

Why auctions for power projects don?t work in India
Mon, 18 May 2015 15:48:53 +0530
In the last 10 years, India has discovered auctions for itself. All kinds of public resources (such as 3G spectrum) or contracts (such as power purchase agreements, PPAs) are auctioned off.

Rupee ends 21 paise lower vs US dollar; snaps 3-day winning run
Mon, 18 May 2015 18:21:42 +0530
The rupee snapped its three-day winning spree against the American currency by falling 21 paise to 63.72 on fresh dollar demand from banks and importers in view of a firm dollar in the overseas market.

Late surge drives Nifty above 8,350, Sensex ends up 363 points
Mon, 18 May 2015 16:21:19 +0530
After consolidating for second straight day, late surge drove market on higher levels. The Sensex was up 363.30 points or 1.3 per cent at 27687.30 while the Nifty ended up 111.30 points or 1 per cent at 8373.65.

CNG price to be increased by 45 paise per kg in Delhi, piped cooking gas in NCR
Sun, 17 May 2015 22:11:51 +0530
The applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs 27.05 per scm, which is being increased from existing Rs 26.55 per scm.

Jaitley outlines economic road map of Modi government; reasonable taxation top priority
Sun, 17 May 2015 20:08:32 +0530
Making taxation more reasonable and improving ease of doing business will be among his top priorities going ahead, Finance Minister Arun Jaitley said on Sunday, as he outlined the economic road map of the Modi government for its second year.

Modi government scores 7 on 10 for first year's performance: Assocham
Sun, 17 May 2015 14:34:33 +0530
Giving the Modi government 7 out of 10 for its first year's performance, Assocham on Sunday said it still needs to cover some ground on tax issues and a lot more needs to be done on improving ease of doing business.

Business News Headlines - Yahoo! News India

Metro ridership touches 18 lakh, sets new record
2011-08-02T12:00:59Z
New Delhi, Aug 2 (IANS) Within six days of registering its highest ever ridership, the Delhi Metro again surpassed the earlier record as over 18 lakh commuted in its trains Monday, an official said Tuesday.

Financial assistance for setting up food processing units: Mahant
2011-08-02T11:40:13Z
New Delhi, Aug 2 (IANS) The government Tuesday said it would provide financial assistance to entrepreneurs for setting up food processing industries to avoid wastage of perishable products.

Polaris Software eyes $100 mn revenue by 2016
2011-08-02T11:22:21Z
Chennai, Aug 2 (IANS) Financial technology company Polaris Software Lab Ltd. hopes to earn $100 million in five years by offering its core banking solution (CBS) and other software on a cloud computing basis, said a company official Tuesday.

Tata Motors considering Nano assembly plant abroad
2011-08-02T10:38:19Z
New Delhi, Aug 2 (IANS) Indian automobile giant Tuesday said that it was considering to set up an assembly plant in a foreign country for its entry-level passenger car Nano.

Sensex closes 204 points down amid negative global cues
2011-08-02T11:20:04Z
Mumbai, Aug 2 (IANS) Indian equities markets closed 204 points lower Tuesday as traders sold off stocks amid negative global cues and worries of a global economic slowdown.

Tata Motor's launches Aria 4x2
2011-08-02T10:35:28Z
New Delhi, Aug 2 (IANS) Automobile major Tata Motors Tuesday launched its crossover car Aria's new variant - Aria 4x2 - priced at Rs.11.61 lakh onwards (ex-showroom, New Delhi).

New system of LPG subsidy disbursal soon: Mukherjee
2011-08-02T10:24:27Z
New Delhi, Aug 2 (IANS) The government will soon introduce a new system for distribution of liquefied petroleum gas (LPG), under which it will provide direct cash subsidy to the poor, said Finance Minister Pranab Mukherjee.

Reuters: Money News

WPP to splash out to reboot world's biggest ad group
Tue, 11 Dec 2018 16:15:59 +0530
WPP will invest to hire new creative staff and reduce costs by cutting offices and jobs under a plan by new boss Mark Read to steer the world's biggest advertising group back to growth.


German economic sentiment improves but Brexit, trade risks weigh
Tue, 11 Dec 2018 16:15:21 +0530
German economic sentiment picked up in December, the ZEW research institute said on Tuesday, but it warned that fourth quarter growth was set to be subdued and cautioned of the risks to exports from Brexit and the international trade dispute.


New RBI chief announcement likely on Tuesday - ET Now
Tue, 11 Dec 2018 15:54:42 +0530
The Indian government is likely to appoint the new Reserve Bank of India Governor later on Tuesday, ET Now television channel said citing a report by local news agency Cogencis.


IMF warns storm clouds gathering for global economy
Tue, 11 Dec 2018 15:52:12 +0530
One of the International Monetary Fund's top officials warned on Tuesday that storm clouds were gathering over the global economy and that governments and central banks might not be well- equipped to cope.


Global Markets: Tentative rebound masks unease over Brexit, trade and growth
Tue, 11 Dec 2018 15:52:09 +0530
Stocks rose tentatively on Tuesday as investors picked through the rubble of conflagrations in some of the world's top economies amid uncertainty over Brexit, a China-U.S. trade war, and French protests.


Huawei CFO back in Canada court as bail hearing set to wrap
Tue, 11 Dec 2018 15:50:32 +0530
A top executive at Chinese telecoms giant Huawei Technologies is set to return to a Vancouver courtroom on Tuesday, as the judge weighs final issues in determining whether she should be freed on bail while awaiting extradition proceedings.


Exclusive: Hyundai Motor's two R&D vice chairmen offer to resign - sources
Tue, 11 Dec 2018 15:37:58 +0530
Hyundai Motor's two vice chairmen in charge of research and development, Yang Woong-chul and Kwon Moon-sik, have offered to resign, three people familiar with the matter said on Tuesday.


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Mizoram Election Results 2018 LIVE: MNF wins majority in 40-seat assembly, Congress loses only bastion in Northeast
Tue, 11 Dec 2018 16:30:15 +0530
Mizoram Election Results 2018 LIVE: MNF wins majority in 40-seat assembly, Congress loses only bastion in Northeast Live updates of the 2018 Mizoram Assembly election results. The Mizo National Front is hoping to oust CM Lal Thanhawla-led Congress government in the state

Rajasthan Election Result 2018 LIVE: Congress gets comfortable lead, newly elected MLAs to meet in Jaipur tomorrow
Tue, 11 Dec 2018 16:30:05 +0530
Rajasthan Election Result 2018 LIVE: Congress gets comfortable lead, newly elected MLAs to meet in Jaipur tomorrow Live updates of the 2018 Rajasthan Assembly election results. Congress is hoping to oust CM Vasundhara Raje-led BJP government in the state

Russia security chief Alexei Navalny sues opposition leader over graft claims
Tue, 11 Dec 2018 16:30:04 +0530
Russia security chief Alexei Navalny sues opposition leader over graft claims Security chief Viktor Zolotov, an ally of President Vladimir Putin, is seeking one million rubles (USD 15,000) in damages in a suit to "defend his honour, his dignity and his professional reputation."

Telangana Assembly Elections 2018 constituency-wise results LIVE: Check trends, leads, seat wins
Tue, 11 Dec 2018 16:25:49 +0530
Telangana Assembly Elections 2018 constituency-wise results LIVE: Check trends, leads, seat wins Constituency wise live updates of the trends and results from Telangana

Mizoram Assembly Elections 2018 constituency-wise results LIVE: Check trends, leads, seat wins
Tue, 11 Dec 2018 16:25:22 +0530
Mizoram Assembly Elections 2018 constituency-wise results LIVE: Check trends, leads, seat wins Constituency wise live updates of the trends and results from Mizoram

Rajasthan Assembly Elections 2018 constituency-wise results LIVE: Check trends, leads, seat wins
Tue, 11 Dec 2018 16:25:12 +0530
Rajasthan Assembly Elections 2018 constituency-wise results LIVE: Check trends, leads, seat wins Constituency wise live updates of the trends and results from Rajasthan

Madhya Pradesh Assembly Elections 2018 constituency-wise results LIVE: Check trends, leads, seat wins
Tue, 11 Dec 2018 16:24:17 +0530
Madhya Pradesh Assembly Elections 2018 constituency-wise results LIVE: Check trends, leads, seat wins Constituency wise live updates of the trends and results from Madhya Pradesh

Udayan@Moneycontrol | Market may not appreciate coalition government in 2019 elections
Tue, 11 Dec 2018 16:24:10 +0530
Udayan@Moneycontrol | Market may not appreciate coalition government in 2019 elections In medium term, there could be far bigger headwinds for the market, said Udayan Mukherjee, Consulting Editor, CNBC-TV18

Chhattisgarh Assembly Elections 2018 constituency-wise results LIVE: Check trends, leads, seat wins
Tue, 11 Dec 2018 16:24:04 +0530
Chhattisgarh Assembly Elections 2018 constituency-wise results LIVE: Check trends, leads, seat wins Constituency wise live updates of the trends and results from Chhattisgarh

Madhya Pradesh Election Result 2018: Trends show Congress leading with a slim margin
Tue, 11 Dec 2018 16:22:06 +0530
Madhya Pradesh Election Result 2018: Trends show Congress leading with a slim margin As of 4:00 pm, Congress is leading in 117 seats and BJP is ahead in 102 seats. Others including independent candidates are leading in 11 seats.