When we took over the economy a year ago, it was like a train that has derailed and what we have been able to do in the last year is not just put it back on track but we have been able to take a passenger train and make it like a Rajdhani. Hopefully we will make it a bullet train as well.
With the erosion in value of the rupee and the rising cost, the average education loan size has gone up 33%, from `4.5 lakh to `6 lakh, within a period of a few months.
Hindalco Industries, the flagship company of the Aditya Birla group, on Thursday said its consolidated revenue crossed the `1 lakh-crore mark, while high interest costs and exceptional items brought down the net profit.
Coming of the red after seven quarters, SpiceJet posted a Rs 22.51 crore net profit in the January-March period of FY15, helped by a Rs 650 crore funding by the new promoter, renegotiated contracts with its vendors and provisioning for re-delivery expenses.
China wants Indian IT companies to open shop in a sprawling tech-city being built in one of its least developed regions in the southwest of the country, in a move that reflects the effort to strengthen economic cooperation between the two countries at state levels.
The government will release the national income estimates for 2014-15 on Friday amid a raging debate over a new formula that was unveiled earlier this year.
Latest market news; as the dollar rises, Shanghai plummets and Japan enjoys it's most successful run in a quarter of a century.
This information is expected to help the tax department ramp up its database and get kicking once the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Bill, 2015, comes into effect.
The rupee snapped its 3-day losing streak against the US dollar by ending 21 paise higher at 63.80 on fresh selling of the greenback by banks and exporters.
The benchmark BSE Sensex Thursday slipped by 57 points to close at 27,506.71 points due to across the board selling mainly in pharma, banking and oil stocks as the monthly derivatives contracts expired Thursday.
Corporate sentiment towards Indian business climate and future expectations have fallen to pre-Narendra Modi levels according to a Deutsche-Borse survey.
The Confederation of Indian Industry cited lack of domestic demand and subdued global economic conditions as two key problems plaguing the industry though, it said, the government wouldn’t be able to do much about either of these.
India is the new hunting ground for cash-rich Gulf carriers who have been hiring pilots, cabin crew and engineers in droves to cater to their ever increasing fleets.Sources said Gulf carriers – primarily Etihad and Qatar Airways – have poached over a 100 pilots
Petroleum minister Dharmendra Pradhan spoke to HT on a range of issues from excise duty hikes to a new exploration policy.
State-owned gas utility GAIL India today reported a 53 % drop in March quarter net profit as it sold less gas.Net profit in January-March at Rs 510.75 crore, or Rs 4.03 a share