After China's market slowdown sent jitters across the economies worldwide, ministers and central bank chiefs of the top 20 economies sought to bolster market confidence in the global economy on Saturday.
A compromise deal on reforms aimed at granting emerging markets greater influence at the International Monetary Fund (IMF) is increasingly likely, a key official said on Friday, weeks before the deadline for US action expires.
Volatility remained the flavour of the season on the stock markets, with key on BSE and NSE falling by over 2.1% on Friday, the lowest in nearly 14 months.
Air India said it has put Mysuru on the air map with the introduction of six days a week flight from Bengaluru to the palace city.
Union telecom minister Ravi Shankar Prasad has asked operators to end the menace of dropped calls, saying voice services must not suffer because of their emphasis on improving the more profitable mobile internet service among the world’s second largest subscriber base.
Pharmaceutical major Cipla Ltd said on Friday its UK arm Cipla EU has entered into definitive agreements to acquire two US-based companies - InvaGen Pharmaceuticals Inc and Exelan Pharmaceuticals Inc - in an all-cash deal valued at $550 million, as it looks to scale up its generic drugs business in America.
After burgers, the food war in India may be moving to sandwiches. Canadian sandwich maker Mr Sub is set to foray into the country. Mr Sub will bring its popular submarine sandwich across India.
Plagued by the problem of call drops, telecom regulator TRAI on Friday proposed that service providers should compensate mobile subscribers for call drops and poor quality of services.
The rupee strengthened by 14 paise to 66.10 against the dollar in early trade on Friday on fresh selling of the US currency by exporters and banks.
Oil and Natural Gas Corp (ONGC) paid just over $1.25 billion for a 15% stake in Russian oil major Rosneft's Vankor oil field, a source with direct knowledge of the deal said on Friday.
Extending the weak trend in global market and fall in demand from jewellers, gold remained weak for the second straight day and prices fell by another Rs 190 to Rs 26,810 per ten grams at the bullion market on Thursday.
The benchmark BSE Sensex plunged over 521 points and the NSE Nifty fell below 7,700-mark in early trade on Friday as retail investors booked profits after amid sustained capital outflows by foreign funds.
National Australia Bank (NAB) has ruled out funding for Adani Group’s $12 billion mining project in the Galilee Basin of Queensland.
Asia's falling stocks have triggered an exodus of funds from the region, but some investors say the sell-off has been indiscriminate and that certain stocks offer compelling buying opportunities.
Slower growth in China, rising market volatility and rising downside risks to the global economy could severely cut the outlook, International Monetary Fund staff warned on Wednesday.