Oct 24, 2014 11:41 PM
If forewarned is forearmed, Norway has a pretty big arsenal.Oil discovery in the 1960s made the country one of the richest in the world with high wages and free education. In fact, it is still very much a part of the oil age with about 70 per cent of its
Oct 24, 2014 04:55 PM
Acknowledging that private investment is stifled in India due to “lots of regulations” and also scarcity of coal and electricity, new Chief Economic Adviser Arvind Subramanian has said that removing these bottlenecks will be key to kick start
Oct 24, 2014 06:51 PM
The Finance Ministry has cleared 20 FDI proposals including 6 in the pharma sector envisaging a total inflow of Rs 988.3 crore. The proposals of Fresenius Kabi Oncology for Rs 119 crore and Amneal Pharmaceuticals Company’s for up to Rs 205 crore h
Oct 24, 2014 12:09 AM
Sensex closes at 26851.05 with a gain of 63.82 points Welcoming the Hindu calendar year Samvat 2071, stock indices surged ahead on Thursday, as broader indices galloped smartly to gain more than the benchmark indices. The benchmark Bombay Stock
Oct 24, 2014 12:01 AM
U.S.-based catastrophe modelling firm AIR Worldwide has estimated that insurance companies may take a hit of around Rs.2,400 crore due to Cyclone Hudhud, which recently battered Andhra Pradesh and Odisha coasts. AIR Worldwide’s insured loss estima
Oct 23, 2014 11:58 PM
The online retailers are taking the smartphones route to tap the market opportunity offered in Tier-II and Tier-III cities. Most leading players expect 90 per cent of their online shopping to come through smartphones and tablets within the next few years.
Oct 23, 2014 11:50 PM
“There has been shift towards in-sourcing by U.S. firms over the past three years in the manufacturing sector and also in specific areas of high intellectual property value in companies.” In a reversal of trend, major firms are now looking t
Oct 21, 2014 05:14 PM
International rating agency Moody’s Investors Service, which has a Baa3 stable rating on the country, on Tuesday said the diesel price deregulation announced over the past weekend is “credit positive”. In a note issued from Singapore,
Oct 21, 2014 03:26 PM
Finance Minister Arun Jaitley on Tuesday said the revised Constitution Amendment Bill to roll out GST would be introduced in the forthcoming Winter Session of Parliament. He also said the first “tranche” of compensation to states for their r
Oct 21, 2014 10:00 AM
Extending its rising streak for the third straight day, the rupee appreciated by 8 paise to 61.28 against the dollar in early trade at the Interbank Foreign Exchange on Tuesday on sustained selling of the U.S. currency by exporters and banks. Forex dealers
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