• GDP
    May 29, 2015 21:57 IST

    India Inc says GDP figures point to recovery

    India Inc described the GDP figures released on Friday as encouraging, saying these confirmed industry's assessment that the economy is showing signs of recovery.

  • American Centre in New Delhi
    May 29, 2015 23:28 IST

    US economy shrinks 0.7% in first quarter

    The US economy contracted 0.7 % in the first quarter of 2015, with the impact of a ports slowdown and cautious consumer spending worse than originally estimated.The Commerce Department's revised estimate of confirmed the stall in the first three months of the year

  • Economy
    May 29, 2015 18:00 IST

    GDP grows 7.3%; data shows revival but questions over new formula

    The economy grew at 7.3% in 2014-15, up from 6.9% a year ago, government data showed on Friday.

  • SpiceJet
    May 28, 2015 22:25 IST

    SpiceJet comes out of red, posts net profit of Rs 22.51 cr

    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.

  • Alibaba
    May 25, 2015 23:01 IST

    Alibaba ‘fighting fakes’ by fostering local brands

    Chinese e-commerce giant Alibaba is working with 17 shoe manufacturers here to cultivate home-grown brands online after being criticised and even sued by luxury brand Gucci for facilitating the fake-goods trade.

  • SpiceJet
    May 25, 2015 00:36 IST

    SpiceJet gives Bombardier pilots a salary hike to keep poachers at bay

    Budget airline SpiceJet, in the middle of a turnaround, has decided to bring the salaries of its Bombardier Q400 pilots on par with those who fly Boeing 737 planes.

  • start up, startup
    May 25, 2015 00:19 IST

    From hikes to freebies: Start-ups go all out to retain talent

    From team holidays to adventure trips to freebies including laptops, washing machines and even bikes, start-ups are pulling out all stops to retain employees this appraisal season.

  • Naina Lal Kidwai, former president, Ficci and country head and CEO, HSBC India.
    May 25, 2015 00:06 IST

    ‘Before a firm gets into ICU, you need to address the situation’

    I believe what we have is a pretty decent report card. On the global stage India features among the top two. One year is too short to brand India as an attractive investment destination, but the build-up has happened and now we need to maintain it. To improve the ease of doing business, states must also chip in and respond.

  • Indian currency notes
    May 20, 2015 10:49 IST

    Rupee loses ground, down 11 paise against dollar

    The rupee depreciated by 11 paise to 63.78 against the US dollar in early trade today at the Interbank Foreign Exchange due to appreciation of the American currency overseas riding on strong economic data.

  • Bombay stock exchange
    May 20, 2015 10:31 IST

    Sensex rallies 206 pts, Nifty above 8,400

    The benchmark BSE Sensex gained over 206 points and the NSE Nifty reclaimed the 8,400-mark in early trade today on across-the-board buying by funds and retail investors amid a mixed trend in other Asian markets.

  • A security personnel
    May 19, 2015 14:57 IST

    Gov subsidies have forced US airlines out of India: Delta CEO

    Government subsidies have forced major US airlines out of the Indian market, a top airlines executive has said.

  • Arun Jaitley
    May 19, 2015 13:15 IST

    BJP never in favour of FDI in multi-brand retail: Jaitley

    "Let's be very clear. What the DIPP (Department of Industrial Policy and Promotion) did was publish the existing policy and so far what was decided by the UPA is continuing, the fact that the BJP was never in favour of this decision is publicly known," Jaitley told PTI in an exclusive interview.

  • Abe
    May 19, 2015 12:49 IST

    Japan to earmark $100 bn for Asian infrastructure

    In the latest twist of a tussle for influence in the fast-growing region, Prime Minister Shinzo Abe is set to unveil the five-year public-private partnership this week, Jiji Press reported.

  • china banks, ICBC
    May 19, 2015 12:26 IST

    Cashing out: millions 'disappear from China bank accounts'

    Wang Li was one of several victims of a scam, involving millions of dollars, at a branch of the state-owned Industrial and Commercial Bank of China (ICBC) in Shijiazhuang, highlighting increasingly sophisticated financial crime.

  • Indian Rupee
    May 19, 2015 11:51 IST

    Rupee bounces back by 5 paise against dollar to 63.67

    Extending losses for the second day, the rupee weakened by 8 paise to 63.80 against the US dollar in early trade today due to appreciation of the American unit against other currencies overseas.