‘All we look for – bare necessities’
Bengaluru: As perception grows that the Congress government is focused wholly on the rest of Karnataka to the neglect of Bengaluru and the urban middle class, worried industry captains in the city ar
Forbes unveils top Indian business honchos in UAE
Dubai: The inaugural Forbes list of 'Top 100 Indian leaders in the UAE' has been topped by Lulu Group's Yusuff Ali, followed by Landmark Group Chairman Micky Jagtiani and BR Shetty of NMC group.
Othe
Rupee down 4 paise vs dollar in late morning deals
Mumbai: Erasing all its early gains, the rupee on Tuesday fell by four paise in the late morning trade due to fresh dollar demand from banks and importers on the back of firm global cues.
The rupee
Sensex falls 233 points, volatility index at 1-year high
Mumbai: The BSE Sensex fell on Monday to its lowest close in more than two months, with blue chips such as ITC Ltd declining as foreign investors remained sellers for nine consecutive sessions, spark
Worried jewellers to tap idle gold
New Delhi: Gold jewellers, who are hit by gold curbs, have been asked by the finance ministry to design a “gold scheme” which would help in recycling of the yellow metal to them.
Earlier during the s
US Fed stimulus intact; Re may rise
Washington/New Delhi: The US Federal Reserve on Wednesday said that it would keep buying $85 billion in bonds per month and gave no explicit indication that it was close to scaling back the program,
CAD rises in May on yellow fever
New Delhi: India’s exports contracted by 1.1 per cent in May to $24.5 billion after growing for four consecutive months. However, imports jumped by seven per cent to $44.65 billion in May.
This has p
Facebook, Microsoft begin releasing surveillance info after deal with U.S. govt
San Fransisco: Facebook and Microsoft have struck agreements with the U.S. government to release limited information about the number of surveillance requests they receive, a modest victory for the c
Apple plans phablets next year
San Fransico: Apple Inc is exploring launching iPhones with bigger screens, as well as cheaper models in a range of colours, over the next year, said four people with knowledge of the matter, as it t
Factory growth slips in April
New Delhi: Showing no signs of recovery, the industrial output slipped further to a ‘disappointing’ two per cent in April increasing the clamour for rate cut by the RBI and speedy clearances of proje