• Arun Jaitley
    Sep 01, 2015 20:29 IST

    No retrospective MAT on FIIs; govt accepts Shah panel report

    Finance minister Arun Jaitley had in his Budget for 2015-16 exempted FIIs from the levy from April 1. FIIs had argued that MAT is applicable only to domestic companies that had their base in India. By virtue of not being established in India, they should be "exempted".

  • Car assembly factory
    Sep 01, 2015 14:38 IST

    Factory output growth slips in Aug; all eyes on RBI for rate cut

    Manufacturing sector grew at a slower pace in August as order flow turned sluggish and forced the companies to cut prices, a business survey showed on Tuesday, adding to the clamour for interest rate cut by RBI.

  • Jet Airways
    Sep 01, 2015 13:11 IST

    Prices of jet fuel ATF, non-subsidised LPG slashed

    ATF or jet fuel price was slashed by a steep 11.7% on Tuesday, while rates of non-subsidised cooking gas LPG were reduced by Rs 25.5 per cylinder in line with dip in international prices.

  • Gold bangles
    Sep 01, 2015 12:10 IST

    Gold prices rise by Rs 175 in futures trade on global cues

    Gold prices rose by Rs 175 to Rs 26,857 per 10 gram in futures trade after speculators widened positions amid a better trend overseas.

  • Bombay stock exchange
    Sep 01, 2015 09:44 IST

    Sensex plummets 587 points to over 1-year low on slowing growth

    Indian market lost ground on Tuesday again as the benchmark BSE Sensex plummeted 587 points to close at over one-year low of 25,696.44 on intensified selling triggered by weak domestic and global macroeconomic data.

  • rupee
    Sep 01, 2015 10:08 IST

    Rupee closes 26 paise higher at 66.22 against US dollar

    The rupee recovered by 10 paise to 66.38 against the US dollar in early trade Tuesday on increased selling of the American currency by exporters.

  • growth, base year, economics
    Sep 01, 2015 09:06 IST

    June quarter GDP data out: Here's what the numbers tell us

    If the preferred yardstick is growth in gross value-added, growth has perked up sharply from 6.1% in Jan-Mar to 7.1% in the April-June quarter.

  • Indian economy
    Aug 31, 2015 17:55 IST

    GDP growth slows to 7% in April-June quarter

    India's economic growth slowed to 7% in the three months through June from 7.5% in the previous quarter, government data showed on Monday.

  • Petrol
    Aug 31, 2015 19:04 IST

    Petrol price cut by Rs 2 per litre, diesel by 50 paise

    Petrol price was cut by Rs 2 per litre and diesel by 50 paise on Monday evening, the third reduction in rates this month following global cues.

  • Arun Jaitley
    Aug 31, 2015 23:45 IST

    I hope RBI takes into account low inflation: Arun Jaitley

    Pushing for an interest rate cut, Finance Minister Arun Jaitley said on Monday that inflation is under control and that oil and commodity prices are also low, while expressing hope that the Reserve Bank of India (RBI) would consider all of these factors in its monetary policy review.

  • RBI
    Aug 31, 2015 23:44 IST

    SBI, ICICI Bank are ‘too big to fail’, says RBI

    The Reserve Bank of India on Monday listed India’s largest lender State Bank of India and ICICI Bank, the country’s largest private sector bank, as India’s two domestic systemically important banks (D-SIBs).

  • Another Gurgaon in the making?
    Aug 31, 2015 18:07 IST

    Infrastructure sector growth slows to 1.1% in July

    Infrastructure sector growth slowed to 3-month low of 1.1% in July as output of crude oil, natural gas and steel contracted, making a case for a further rate cut by the Reserve Bank.

  • Algo trading, depressed trader, sad trader
    Aug 31, 2015 19:03 IST

    Asia stocks suffer fresh losses, further volatility expected

    Chinese stocks sank again on Monday, dragging most other Asian bourses lower amid uncertainty over US interest rates, reviving fears of a broader global economic slowdown that has rocked the world's financial markets.

  • Ratan Tata
    Aug 31, 2015 20:13 IST

    Ratan Tata invests in Infinite Analytics

    Chairman emeritus of Tata Sons, Ratan Tata, has invested in Infinite Analytics, a predictive technology firm. He has been aggressively investing in startups, ranging from eCommerce firms to cab aggregators, like Snapdeal, Kaaryah, Urban Ladder, Bluestone, CarDekho, Xiaomi and Ola.

  • Economy, Power plant, Industry, Industrialisation, Environment, Air pollution,
    Aug 31, 2015 23:49 IST

    Economic growth slows to 7%, but govt eyes ratings upgrade

    India made a strong pitch for a sovereign ratings upgrade to Standard and Poor’s (S&P), on a day when latest national income data showed that gross domestic product (GDP) growth has slowed to 7% in April-June from 7.5% in the previous quarter, dragged down weak growth in most sectors.