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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

India's July-September current account deficit more than doubles
Wed, 13 Dec 2017 18:13:52 +0530
MUMBAI (Reuters) - India's July-September current account deficit more than doubled from a year earlier after imports accelerated while crude prices surged, data published by the Reserve Bank of India showed on Wednesday.


Inflation spike hits bonds, spurs rate policy and fiscal worries
Wed, 13 Dec 2017 17:53:06 +0530
MUMBAI/NEW DELHI (Reuters) - India's benchmark 10-year bond hit its lowest in more than 16 months on Wednesday, as investors saw surging inflation as a potential threat to a still-struggling economy and a daunting challenge to policymakers.


Supreme Court halts government takeover of Unitech management
Wed, 13 Dec 2017 16:21:56 +0530
NEW DELHI (Reuters) - India's Supreme Court halted on Wednesday a government takeover of the management of realty firm Unitech Ltd, while it was dealing with dozens of petitions over the company's failure to deliver apartments and honour its deposits.


India delays deadline to link Aadhaar details to bank, phone services
Wed, 13 Dec 2017 16:24:22 +0530
MUMBAI (Reuters) - India on Wednesday dropped a December 31 deadline for citizens to link Aadhaar details to facilities such as bank accounts and telephone numbers, saying it would announce a fresh date later.


India's tax department considers tax on virtual currencies
Wed, 13 Dec 2017 18:35:13 +0530
NEW DELHI (Reuters) - India's central tax authority is investigating bitcoin exchanges to try and find a way to tax transactions, an official said on Wednesday, even as the Reserve Bank of India (RBI) has warned against dealing in virtual currencies.


Fed raises interest rates, keeps 2018 policy outlook unchanged
Thu, 14 Dec 2017 01:05:41 +0530
WASHINGTON (Reuters) - The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, as anticipated, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in U.S. economic growth.


European shares close lower; U.S. Treasury yields fall
Thu, 14 Dec 2017 01:15:49 +0530
NEW YORK (Reuters) - European shares closed lower as U.S. stock indexes advanced on Wednesday ahead of a widely expected interest rate increase by the Federal Reserve, while U.S. Treasury yields fell on disappointing inflation data.


Moneycontrol Latest News

US Fed hikes rates by 25 bps, raises growth outlook for economy
Thu, 14 Dec 2017 00:38:54 +0530
US Fed hikes rates by 25 bps, raises growth outlook for economy The central bank policymakers mostly followed the script, though they did indicate that one less hike is on the way for 2019.

Jaya#39;s niece Deepa tells panel her aunt may have been attacked
Wed, 13 Dec 2017 22:20:19 +0530
Jaya#39;s niece Deepa tells panel her aunt may have been attacked Deepa Jayakumar also said that all employees at the former chief minister#39;s Poes Garden residence, including long time cook Rajamma, should be questioned.

Actor molestation case: Man sent to judicial custody till December 22
Wed, 13 Dec 2017 22:20:17 +0530
Actor molestation case: Man sent to judicial custody till December 22 The police sought his further custody, saying statements of passengers and the victim were yet to be recorded.

Max case: Cops seek opinion of Delhi Medical Association
Wed, 13 Dec 2017 22:08:17 +0530
Max case: Cops seek opinion of Delhi Medical Association The case was transferred from the district police to the Crime Branch for a detailed probe last week after the baby boy, who was born on November 30 at Max Hospital, died at a nursing home in Pitampura on December 6.

Mutual Funds industry AUM stands at Rs 22.79 tln in Nov: ICRA
Wed, 13 Dec 2017 22:07:18 +0530
Mutual Funds industry AUM stands at Rs 22.79 tln in Nov: ICRA The Mutual fund industry#39;s asset under management (AUM) rose to a record high of Rs 22.79 lakh crore (Rs 22.79 trillion) in November, helped by positive investor sentiment after Moody#39;s upgraded the country rating, says a report.

Google India#39;s top trends: Top searches on Bollywood cricket
Wed, 13 Dec 2017 22:01:36 +0530
Google India#39;s top trends: Top searches on Bollywood  cricket How to link the Aadhaar with your pan card: that#39;s the most asked question from Google. Google India has announced its 2017 year-end search results and CNBC-TV18#39;s Megha Vishwanath gave us a recap of the top trends and searches in India.

New MDRs: Reserve Bank of India says all stakeholders consulted
Wed, 13 Dec 2017 21:54:17 +0530
New MDRs: Reserve Bank of India says all stakeholders consulted RBI also clarified that no merchant will at any level will charge MDRs to consumers and the new rates are applicable only on debit card transactions and not credit cards.

Winter session of UP legislature to begin tomorrow
Wed, 13 Dec 2017 21:54:16 +0530
Winter session of UP legislature to begin tomorrow peaker Hriday Narain Dixit today held an all-party meeting in which he requested members to cooperate in the smooth functioning of the House.

BJP, Congress spar over Rahul TV interview; EC notice to Rahul Gandhi
Wed, 13 Dec 2017 21:52:16 +0530
BJP, Congress spar over Rahul TV interview; EC notice to Rahul Gandhi As per the EC guideline for the media, electronic media, including TV channels, can#39;t broadcast anything related to the elections after 5.00 pm of December 12.

Winter session of parliament: 25 pending and 14 new bills to be placed
Wed, 13 Dec 2017 21:50:16 +0530
Winter session of parliament: 25 pending and 14 new bills to be placed The winter session, beginning from December 15, will have 14 sittings. The session will come to an end on January 5.