Business

  • China yuan devaluation Economy
    Aug 28, 2015 23:17 IST

    As China falters, foreign investors put bets on India

    The slowdown in the Chinese economy has shifted focus of foreign investor attention to India, with macro stabilities such as comfortable fiscal position, low inflation and adequate forex reserves coming in India’s favours.

  • Drugs medicine
    Aug 28, 2015 23:22 IST

    HIV, cancer, diabetes drugs likely to cost less

    Medicines used for the treatment of life-threatening diseases such as HIV, tuberculosis, diabetes and cancer are set to get cheaper. The Department of Pharmaceuticals is in the process of drafting a supplementary list of life-saving formulations.

  • Sanjeev Khanna
    Aug 28, 2015 21:43 IST

    Brookfield bags road, power deals in Indian infrastructure foray

    Canada's Brookfield Asset Management made its first significant investment in Indian infrastructure, buying six road and three power projects on Friday from India's Gammon Infrastructure Projects Limited.

  • investment adviser
    Aug 29, 2015 01:47 IST

    Firm truths: Investing in start-ups is almost a science

    It is established that seven out of 10 – some say nine -- will fail. But the three that work – all right, one -- will make you very rich.

  • nationwide strike
    Aug 29, 2015 00:04 IST

    Payments banks can unlock Rs 14 lakh crore funds

    With the setting up of 11 new payments banks in the country, an incremental amount of at least Rs 14 lakh crore per annum may be freed up for funding the infrastructure sector, an internal study by the State Bank of India (SBI) said.

  • Renault-Nissan Alliance
    Aug 28, 2015 22:59 IST

    Renault-Nissan puts on hold Rs 5,000 cr India plan

    At a time when the government is pulling out all the stops to attract investments under its Make in India campaign, automobile major Renault-Nissan India has put on hold its plans to invest Rs 5,000 crore in the country.

  • Hot Brand award
    Aug 29, 2015 00:19 IST

    Airtel, Dabur among top 50 Hot Brands

    Bharti Airtel, HCL Technologies, Snapdeal, Coca-Cola, Dabur, Samsung and Sony India were among the companies that bagged Top 50 Hot Brand awards, at the second edition of the Delhi NCR Brand Summit and Hot 50 Brands.

  • Aamir Khan
    Aug 28, 2015 13:11 IST

    RBI likely to cut interest rates in September policy meet

    There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on Sept. 29 thanks to inflation striking a record low, according to a Reuters poll, marking a shift in expectations from earlier.

  • Sensex
    Aug 28, 2015 10:13 IST

    Sensex climbs 161 points as Sept F&O series begin

    The benchmark BSE Sensex surged 161 points to settle above the 26,000 level as investors got down to creating fresh long positions in the new derivatives series amid a firming global trend following upbeat US data.

  • Rupee
    Aug 28, 2015 10:06 IST

    Rupee falls 10 paise to 66.14 against US dollar

    The rupee recovered marginally by two paise to 66.02 against the US dollar in early trade on Friday amid gains in stock markets.

  • Raghuram Rajan
    Aug 27, 2015 23:20 IST

    Reforms cannot be shots in dark, lead to uncertainties: Rajan

    Uncertainty and slow pace of economic reforms can come in the way of India's economic growth potential, Reserve Bank of India (RBI) governor Raghuram Rajan has warned, while listing out a raft of policy priorities which needed immediate attention.

  • China, stock market
    Aug 28, 2015 00:12 IST

    Talent exodus at China’s market regulator led to Monday crash?

    At the height of the 2008 financial crisis, as Wall Street slashed jobs, Beijing took advantage of the disarray to poach top Chinese financial talent. The idea was to reform its stock markets.

  • Members of labour union holding a protest against Punjab government in Patiala.
    Aug 28, 2015 00:14 IST

    Govt proposes graded minimum wage hike, unions stand by strike

    In an attempt to break the impasse with the central trade unions (CTU’s) protesting against the government’s unilateral move to amend labour reforms, the finance minister Arun Jaitley-led inter-ministerial panel on Thursday offered a graded hike in the minimum wages of workers.

  • Uncomfortable seats
    Aug 27, 2015 23:06 IST

    PM 'concerned' over predatory pricing by domestic airlines

    Prime Minister Narendra Modi has expressed concern over predatory pricing by domestic airlines, which is giving a bad name to the industry, minister of state for aviation Mahesh Sharma has said.

  • Jan Dhan Yojana
    Aug 27, 2015 23:01 IST

    Year of Jan Dhan: Targets met, focus now on inactive accounts

    As the Narendra Modi government's flagship scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) completes one year on Friday with 174.5 million accounts and a total deposit of Rs 20,769.33 crore, the goalpost for banks is now likely to shift.