The government may soon decide whether you actually need the subsidy on your cooking gas cylinder by drawing a line on who deserves it.
As India and the US moved towards resetting their business relationship, markets are keenly watching for cues on specifics on a host of sectors such as nuclear power, defence production and renewable energy.
Finance minister Arun Jaitley on Tuesday said there is huge curiosity and interest especially among domestic and foreign investors regarding India and the opportunity cannot be missed.
India and the US will identify priority sectors for attracting investments and technology, union commerce and industry minister Nirmala Sitharaman said after her meeting with her American counterpart Penny Pritzker on Tuesday.
Dabur's Burman seeks stay on I-T department's case
Extending their winning run to the eighth straight session, the benchmark Sensex on Tuesday jumped 292.20 points to end at new closing high of 29,571.04 and Nifty surpassed the 8,900-mark for the first time on optimism over Indo-US nuclear deal amid sustained foreign fund inflows.
The rupee depreciated by 9 paise to 61.51 in early trade on Tuesday at the Interbank Foreign Exchange market on fresh demand for the American currency from importers.
RBI likely to ease rates further, says Subramanian
In your 30s with Rs 50,000 surplus? Invest in equities
Microsoft on Monday reported that its quarterly profit dipped but revenue increased in a sign that it is adapting to lifestyles centered on mobile devices and cloud services.
Indian carriers set to fly into profit zone in Oct-Dec quarter
Samsung Electronics recently offered to buy BlackBerry Ltd for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate market, according to a person familiar with the matter and documents seen by Reuters.
Ahead of President Barack Obama and Prime Minister Narendra Modi’s two crucial back-to-back meets on Monday with top CEOs from India and the US, Ajay Banga, chairman of the US India Business Council and president and chief executive officer MasterCard spoke to HT on a range of issues including India’s image as an investment destination and key areas of concern. Excerpts:
Indian stock, debt and currency markets are closed on Monday on the occasion of Republic Day. Trading will resume on Tuesday.