The rupee continued to rule at a one-month high, firming up another 30 paise to 61.75 against the dollar today, after exit polls predicted a strong showing by the BJP in the recently concluded assembly elections.
India on Wednesday rejected a proposal at the World Trade Organisation (WTO) conference that can potentially harm the country’s small farmers as ministers battled to end a deadlock over negotiations to set up a rule-based global trade regime.
Battling sliding sales and a stagnant market share in India, Europe’s largest car maker Volkswagen plans a second coming of sorts with a renewed multiple-product offensive by 2015, including a sub-4 metre sedan and a car smaller than the Polo. Inside India's Autobahn
In a landmark shift of priorities that marks the passing of an era, IT giant Wipro said on Wednesday that it will no longer make computers and focus instead on systems integration, IT solutions and services.
Yeshwant Moreshwar Deosthalee is the chairman and managing director of L&T Finance Holdings, a subsidiary of engineering and construction giant Larsen & Toubro
British telecom giant Vodafone Group Plc on Wednesday said it would invest $3 billion (`19,000 crore) in Indian networks over the next two years.
Politics breathed some fresh momentum into the stock market on Thursday with the Sensex surging 457 points to an intra-day high of 21,166, before erasing initial gains to close up 249 points, or 1.2%, to 20,958. Can Narendra Modi be the game-changer for BJP?
Gold smugglers are adopting methods of drug couriers to sidestep a government crackdown on imports, stashing gold in imported vehicles and using mules who swallow nuggets to try to get them past airport security.
The rupee recovered from early losses and gained 31 paise to close at a one-month high of 62.05 against the dollar today on fresh selling by exporters and banks, amid foreign capital inflows into local stocks.
The benchmark S&P BSE Sensex extended losses for the second day by slipping another 57 points in the morning trade on mild selling pressure mainly in capital goods, banking, FMCG and refinery sectors.
India said Wednesday it could not accept a WTO proposal on food security, casting a gloom over a high-stakes conference tasked with salvaging the body's faltering efforts to liberalise world trade.
India's services sector activity witnessed a moderate improvement in November over the previous month, even while indicating the fifth successive monthly contraction, an HSBC survey said on Wednesday.
Prime Minister Manmohan Singh, whose UPA government has come under criticism for exercising controls on energy pricing, on Tuesday said that market-based pricing and technology were essential to meet India’s growing energy needs, underlying a reformist intent. Feeding energy-hungry India
A day after finance minister P Chidambaram said that the Indian economy would clock a growth rate of 5% in 2013-14 in the backdrop of a sharp fall in the current account deficit (CAD), industry chambers CII and Ficci echoed the sentiment. Rosy talks on green shoots
The Indian rupee has swung between two extremes over the last six months. Its value against the dollar during this period broadly resembles the shape of a V, with steep fall for the first four months followed by a gradual climb during the later part of the curve. Money in a maze