Net claims by non-residents up at $332 bn

"This change in the net position reflected a USD 37.8 billion increase in the value of foreign-owned assets in India vis-a-vis a USD 24.9 billion increase in the value of Indian residents' financial assets abroad," RBI said. Net claims by non-residents...

23.08 | 0 komentar | Read More

ICICI to open branches in Australia, SA, Mauritius: Kochhar

The country's largest private sector lender  ICICI Bank Monday said it plans to open branches in Australia, South Africa and Mauritius. The city-headquartered bank has received the regulatory clearances to open the branches and will also upgrade...

23.08 | 0 komentar | Read More

External debt up over 7% on higher non-resident deposits

In terms of major components, the share of external commercial borrowings (ECBs) continued to be the highest at 33.3 percent (USD 146.5 billion). Higher non-resident deposits led to a rise of 7.6 percent in India's external debt at USD 440.6 billion...

23.08 | 0 komentar | Read More

Nasscom for special measures in Budget on startups, others

In its pre-budget proposal, IT-BPO industry body Nasscom has pitched for special measures to foster the eco-system for entrepreneurs, startups and innovation. "There are few important issues that we have flagged to the Finance Minister in the context...

23.08 | 0 komentar | Read More

Govt hikes import tariff value on gold, silver

The import tariff value- base price at which customs duty is determined to prevent under-invoicing- is revised on a fortnightly basis, taking into account the volatility in global prices. The government today hiked the import tariff value on gold...

23.08 | 0 komentar | Read More

Petrol price hiked by Rs 1.69/litre, diesel by Rs 0.50

Petrol in Delhi will cost Rs 73.58 per litre, up Rs 2.02 from Rs 71.56 at present. Diesel rates will go up by 56 paise to Rs 57.84 per litre. Petrol price was today hiked by a steep Rs 1.69 per litre and diesel by 50 paise a litre as the crisis in...

23.08 | 0 komentar | Read More

Sebi passes consent order in Gemini Communications case

Market regulator Sebi today settled charges of non-compliance of takeover norms against foreign institutional investor Merrill Lynch International after the company paid over Rs 40 lakh in settlement fees. While passing the consent order, Securities...

23.08 | 0 komentar | Read More

Religare Invesco Growth: For those with risk appetite

The fund is suitable for those investors who want an exposure to large as well as mid caps in their portfolio with a time horizon of more than 3 years. Nature: Equity oriented open ended Inception: August 2007 Assets under Management: Rs 30 crore...

23.08 | 0 komentar | Read More

Top ten rainiest cities in India on Sunday

According to the latest weather update by Skymet Meteorology Division in India, torrential rain occurred in many parts of Sub Himalayan West Bengal and Northeastern states in the last 24 hours. Monsoon performance will continue to be at its best in...

23.08 | 0 komentar | Read More

All info about black money will be made public: Centre

The latest request was made by the Finance Ministry after a Swiss government official recently said that his country was ready to co-operate proactively with India to share details on a "spontaneous" basis about persons and entities suspected to have...

23.08 | 0 komentar | Read More

SAIL likely to surrender Rs 35k-cr Sindri revival project

Aspiring to have a 50-million-tonne (MT) steel capacity, Steel Authority of India (SAIL) came out with a plan to set up a new 1.15 MT per annum (MTPA) fertiliser plant, a steel mill of 5.6 MTPA capacity and a 1,000 MW power plant with a total of Rs 35,000...

23.07 | 0 komentar | Read More

Top ten hottest places in India

According to the latest weather update by Skymet Meteorology Division in India, Palam in Delhi was the hottest place in India on Sunday with a maximum of 41.8°C. Lack of rain in Rajasthan also pushed up the day temperature in the state. Rentachintala...

23.07 | 0 komentar | Read More

'Textile exports set to touch USD 50 bn mark this fiscal'

Textile exports are set to touch USD 50-billion mark in the current fiscal, Union Textiles Minister Santosh Kumar Gangwar said today. "With 40 billion dollars in textile exports, the country has moved up to the second position from the fourth position...

23.07 | 0 komentar | Read More

GST implementation will help narrow fiscal deficit: CRISIL

Implementation of goods and services (GST) tax could help government raise tax revenues and reduce fiscal deficit, which has been around 4.5 percent in the last three years, a CRISIL report said. Fiscal deficit, the gap between government's expenditure...

23.07 | 0 komentar | Read More

Airtel likely to be world's third largest telco soon: Kohli

At the end of April, Airtel had over 297 million customers across 20 countries. The latest global ranking and subscriber numbers were not immediately available. Bharti Airtel  Monday said it is likely to become the world's third largest telecom...

23.07 | 0 komentar | Read More

ICVL team in Mozambique to tap coal assets for acquisition

ICVL had earlier evinced interest to acquire Riversdale Mining's coal mines in Mozambique owned by Rio Tinto. A senior level delegation from the International Coal Ventures (ICVL) is currently touring Mozambique to assess some of the coal assets which...

23.07 | 0 komentar | Read More

Vodafone doubles Net rates for 2G, 3G subscribers

The new rates for pay-as-you-go (PAYG) pre-paid and post paid users are 4 paisa per 10 KB, as compared to 2 paisa per 10 KB charged earlier. The company had in November last year reduced the rates by up to 80 per cent to 2 paisa per 10 KB, from 10 paisa...

23.07 | 0 komentar | Read More

Varma appointed as an Onshore Director at ONGC

"Ministry of Petroleum & Natural Gas, Government of India vide letter dated June 19, 2014, has appointed Ashok Varma, as Director (Onshore), ONGC," the company said in a filing to the stock exchange. In first oil PSU appointment by the new NDA...

23.07 | 0 komentar | Read More

RBI to banks, FIs: Give information to SIT on black money

The SIT under the chairmanship of former Justice MB Shah was constituted by the Narendra Modi-led government on its first day in office, in pursuance of a July 2011 Supreme Court. The Reserve Bank of India today directed all banks and financial institutions...

23.07 | 0 komentar | Read More

DoD meets SteelMin, merchant bankers on SAIL disinvestment

The sale of 5 percent stake or about 20.65 crore shares at the current market price would fetch the exchequer about Rs 1,900 crore. Kick starting the process of 5 percent stake sale in Steel Authority of India ( SAIL ), the Disinvestment Department...

23.07 | 0 komentar | Read More

Strong, prosperous India in interest of neighbours: Modi

Prime Minister Narendra Modi today concluded his "extremely successful" first foreign visit since assuming office with a message to Bhutan and other neighbouring countries that a strong and prosperous India was in their interest.The upshot of the two-day...

23.08 | 0 komentar | Read More

HSBC Making It Big: Here's how Medanta was built

Watch how Medanta the Medicity was built. Watch how Medanta the Medicity was built. kill_source=true; kill_footer=true; kill_header=...

23.08 | 0 komentar | Read More

Here's how we can bring India back on track

India Back on Track is based on a book published by the Carnegie Endowment which has essays written by leading Indian thinkers on how the new government can reinvigourate the country's economic and foreign policies. India Back on Track is based on...

23.08 | 0 komentar | Read More

Watch Bangalore Finals of Tata Crucible Campus Quiz 2014

Watch Bangalore Finals of Tata Crucible Campus Quiz 2014. Watch Bangalore Finals of Tata Crucible Campus Quiz 2014. kill_source=true...

23.08 | 0 komentar | Read More

AirAsia India adds Kochi to its network

The airline will start daily flights from Bangalore to Kochi and vice versa, effective July 20, AirAsia said, offering limited promotional seats for all-inclusive-fare Rs 500 from Bangalore to Kochi and vice versa. Four days after breaking into the...

23.08 | 0 komentar | Read More

RBI to sell govt securities worth Rs 15,000 crore on Friday

The Reserve Bank will sell dated government securities worth Rs 15,000 crore in four tranches on Friday, RBI said.Dated government securities are long term securities carrying a fixed or floating coupon or interest rate paid on the face value. It is...

23.08 | 0 komentar | Read More

IRDA allows insurers to hedge interest rate risks

Insurance Regulatory and Development Authority (Irda) today allowed insurance companies to hedge their interest risks by participating in interest rate derivatives of a longer tenure. As per existent norms, insurers are permitted to enter Forward Rate...

23.08 | 0 komentar | Read More

Weather alerts issued for India on 16th June

Weather alert for Chhattisgarh issued at 15.55 hrs Light to moderate rain and thundershowers are likely at few places in Bastar, Kanker, Narayanpur, Rajnandgaon and Surguja districts with strong winds ranging between 40 kmph and 80 kmph during the next...

23.08 | 0 komentar | Read More

Sebi asks DDPs to share FPI info with banks

Market regulator Sebi today asked designated depository participants to share information about foreign portfolio investors with banks, as part of efforts to harmonise KYC (Know Your Client) norms. KYC documents of Foreign Portfolio Investors (FPIs)...

23.08 | 0 komentar | Read More

Major events in my life linked to milestones at Infy: Kris

In a letter to over 1.6 lakh employees, Gopalakrishnan or Kris as he is fondly known, reflected upon his early days at the company and his family life talking about his wedding, the birth of his daughter and the loss of his parents. Reminiscing time...

23.08 | 0 komentar | Read More

Ashok Leyland reports 8.73% dip in sales in May

Sales of medium and heavy commercial vehicles in May 2014 marginally dipped to 4,884 units as against 4,932 units sold during the corresponding month of the previous year. Hinduja Group company  Ashok Leyland has reported a 8.73 percent decline...

23.07 | 0 komentar | Read More

Rs 1,000 minimum monthly pension to be a reality this week

As per a proposal, pensioners were to get the benefit with effect from April 1 this year. The government will have to provide an additional amount of around Rs 1,217 crore to ensure a minimum pension of Rs 1,000, starting 2014-15. A minimum pension...

23.07 | 0 komentar | Read More

Rupee stability essential for corporate turnaround: Ind Ra

It said the sectors expected to do better in FY15 account for 11.8 per cent of the banking system's loans, while those with a stable outlook amount to 28.04 per cent of the banking industry exposure and those with a negative outlook are at 23.2 percent....

23.07 | 0 komentar | Read More

Maha legislators demand relief for Campa Cola residents

As the deadline to vacate the flats passes today, residents are still hopeful that they will be able to save their houses from demolition. Members from both ruling and opposition benches in the Legislative Council today asked the Maharashtra government...

23.07 | 0 komentar | Read More

First week of PM Modi: How did he fare?

A week is a short period to assess how the new government will function over its full term, but if early signs are anything to go by, prime minister Narendra Modi is planning significant changes to the way government has been functioning A week is...

23.07 | 0 komentar | Read More

SIT on black money holds its first meeting

Without elaborating on the roadmap, the statement said the next meeting of the SIT will be convened shortly to take stock of the follow-up of the decisions taken at today's parleys. The Special Investigation Team (SIT) set up by the Centre to probe...

23.07 | 0 komentar | Read More

Weather forecast for major indian cities on Tuesday

According to the latest weather update by Skymet Meteorology Division in India, Delhi will be the hottest city in India tomorrow while the coolest will be Bangalore. City of dreams Mumbai which has eagerly been waiting for some rain could get...

23.07 | 0 komentar | Read More

Bourses extend deadline for common contract note till Aug

A contract note is a record of transactions executed by a stock broker, having information like order number, time of a trade, quantity and kind of security purchased or sold and brokerage and taxation rates. Leading stock exchanges NSE and BSE have...

23.07 | 0 komentar | Read More

Anil Dua quits Hero MotoCorp; to pursue career abroad

Dua will continue in his current role till June 24, Hero MotoCorp Ltd said in a statement. Country's largest two-wheeler maker  Hero MotoCorp today said its Senior VP (Sales & Marketing) Anil Dua has put in his papers. Dua will continue in...

23.07 | 0 komentar | Read More

Tata Motors sales dip 24%

Domestic passenger as well as commercial vehicle sales declined by 24 percent to 34,334 units in May, down from 45,430 units a year earlier. Tata Motors  today reported 24 percent decline in total vehicle sales to 37,525 units last month. It...

23.07 | 0 komentar | Read More