- Jul 28, 2015 04:41 IST
Debt-ridden Greece and the global pharmaceutical industry are not getting along well. The Greek government has recently accused more than 50 pharmaceutical firms, globally, of cutting off supplies of key drugs.
- Jul 28, 2015 03:17 IST
Secretary, department of electronics and information technology RS Sharma was on Monday appointed chairman of the Telecom Regulatory Authority of India (Trai).
- Jul 28, 2015 03:09 IST
Consumers can expect a reduction in petrol and diesel prices on August 1 when oil marketing companies review rates, thanks to falling global prices.
- Jul 28, 2015 02:56 IST
Shweta Reddy, 31, working with a startup in the Delhi, recently bought a house In Dwarka. Reddy has taken a 20-year home loan at an EMI (equated monthly instalment) of Rs 65,000.
- Jul 27, 2015 18:38 IST
Jeweller Rajesh Exports Ltd is ready to buy Swiss company Valcambi, the world's largest gold refiner, for $400 million (about Rs 2,560 crore) to secure raw material supplies at lower prices and add technological expertise to expand operations at home.
- Jul 27, 2015 10:38 IST
Market again took a beating on Monday, with the benchmark BSE Sensex crashing over 551 points to 27,561.38, its weakest closing in over five weeks, on concerns that stricter norms for participatory notes may hit foreign investments and a major slump in Chinese stocks.
- Jul 27, 2015 15:27 IST
Bullion lost more than 3% last week after a rout on Monday accompanied by big volume in New York and Shanghai that sparked more sell-offs and pulled the price as low as $1,077 on Friday, its cheapest since February 2010.
- Jul 27, 2015 14:54 IST
The draft proposed taking away RBI chief's authority to veto the interest rate decision of the central bank's monetary policy committee and talks of 'RBI Chairperson' and not 'RBI Governor'.
- Jul 27, 2015 15:29 IST
Shanghai stocks plunged 8.48% on Monday, their biggest fall for more than eight years and defying government efforts to prop up the market.
- Jul 27, 2015 10:11 IST
Extending losses for the fourth trading session, the rupee on Monday fell by another 12 paise to close at a new 6-week low of 64.16 per dollar on persistent demand for the US currency from banks and importers amid a massive plunge in equities.
- Jul 26, 2015 22:37 IST
When communications and information technology minister Ravi Shankar Prasad visited Bangalore soon after taking charge last year, a number of young people, many of them from Bihar and Uttar Pradesh, approached him and said: “Ravi Bhaiya, please do something.” They wanted Prasad to help the educated young people in small towns and villages.
- Jul 26, 2015 23:31 IST
The controversial taxi service, Uber, has been in the news for safety-related issues, but there is no doubt that it has revolutionised the business by bringing in "ride sharing" - the business of linking unused taxi capacity with passengers through a mobile app that becomes an online marketplace.
- Jul 26, 2015 23:45 IST
As the government begins rolling out contracts worth Rs 1,08,000 crore for power transmission this year, a breakdown of the numbers shows that state-owned Powergrid Corporation India Ltd (PGCIL) will get a lion’s share of the contracts.
- Jul 26, 2015 22:47 IST
Foreign portfolio investors (FPIs) will likely wait and watch, as the government readies its case before the Supreme Court hearing on the applicability of tax on these foreign investors.
- Jul 26, 2015 15:30 IST
Gold prices are expected to drop to a low of Rs 23,000 per 10 gram on continuing worries over interest rate hike by Federal Reserve and a stronger US dollar, analysts say.