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Sensex closes 85 points higher on Obama win

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A benchmark index for Indian equities markets closed 85 points higher in Wednesday's trade on hopes of more foreign institutional investment after US President Barrack Obama won a second term in offic

Service sector boosts State GDP in q1

The state’s economy has expanded by 6.5 per cent in the April-June quarter surpassing the national GDP growth rate of 5.45 per cent.

But for the better performance of the service sector, the state GS

Chidambaram sees 2012 GDP growth of 5.5-6.0 pct

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India's economy should expand by 5.5 percent to 6.0 percent this year and return to 7 percent growth in 2013, Finance Minister P. Chidambaram told Reuters on Sunday, although he said inflation was at

Foreign companies not needed to revive economy: Hazare to PM

Criticising Prime Minister Manmohan Singh for inviting foreign companies to the country to prop up
the economy, social activist Anna Hazare on Sunday reminded him of Mahatma Gandhi's idea of first imp

Sensex up 161 points in early trade

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The rupee on Friday rose by 10 paise to 53.60 against the US dollar in early trade, extending gains for the fourth straight session at the Interbank Foreign Exchange market on the back of increased ca

Rupee up 10 paise

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The rupee on Friday rose by 10 paise to 53.60 against the US dollar in early trade, extending gains for the fourth straight session at the Interbank Foreign Exchange market on the back of increased ca

CRR cut: Growth more important than inflation, says Montek

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Terming the decision of the Reserve Bank of India to cut cash reserve ration a step in the right direction, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Tuesday said the need to push

Rupee loses 52 paise ahead of RBI meet

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The rupee on Monday plunged by a hefty 52 paise to slip below Rs. 54-mark for the first time in five weeks on month-end dollar demand from importers and corporates, amid the much-awaited RBI monetary

India ranks 132nd in ease of doing biz among 185 economies: WB

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India continues to be a tough place for doing business even as the country has improved regulator processes for starting enterprises and trading across borders, according to World Bank and IFC.

In te

Sensex closes 172 points up on strong global cues

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A benchmark index of Indian equities markets closed 172 points higher on Thursday on robust global cues.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,6

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.