A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Wednesday touched a new record high of 30,024.74 points as India's central bank, the Reserve Bank of India, cut its key lending rates by 25 basis points, expecting inflation to soften further in the coming fiscal....
In a surprise development that sent stock markets soaring, India's central bank cut its key lending rates by 25 basis points on Wednesday, expecting inflation to soften in the coming fiscal even as it expressed concern over the postponement of fiscal consolidation by a year. ...
The finance ministry is expected to closely watch the e-auction of radio frequency spectrum, our airwaves, for telecom operators that commences Wednesday, seen as crucial for the government to be able to meet its fiscal deficit target of 4.1 percent of GDP....
Over 1.7 billion females in low-and middle-income countries do not own mobile phones and women on average are 14 percent less likely to own a mobile phone than men -- creating a gender gap of 200 million fewer women than men owning mobile phones, a report said here on Tuesday....
Continuing with the post-budget euphoria, the wider 50-scrip Nifty of the National Stock Exchange (NSE) breached the 9,000-point mark for the first time on Tuesday....
Car maker Ford India said on Tuesday it closed its sales book last month at 12,576 units, with exports driving up the growth....
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), was trading 75 points or 0.26 percent up in Tuesday's late afternoon trade session....
Finance Minister Arun Jaitley on February 28 delivered a budget that will go down as one of the best since liberalization began in 1991. It took stock of India’s present set of challenges and accordingly adjusted the priorities and solutions. Six salient points reflect the government’s economic thinking and strategy....
As per the government's monetary policy framework agreement with the Reserve Bank of India published on Monday, the RBI will aim to bring retail inflation below 6 percent by January 2016, and to around four percent by fiscal 2016-17....
India's largest passenger car manufacturer Maruti Suzuki Monday reported a sales growth, including exports, of 8.7 percent in February at 118,551 units from 109,104 units sold in the corresponding period of last year....
