The New Indian Express - Business - RSS Feed from The New Indian Express en Copyright 2012 The New Indian Express. All rights reserved. Wed, 07 Oct 2015 13:41:36 +0530 Wed, 07 Oct 2015 12:17:58 +0530 Business Oil Prices Rally Amid Falling Output Forecast Wed, 07 Oct 2015 12:17:33 +0530 HC Restrains Glenmark From Business of Anti-Diabetes Drugs Wed, 07 Oct 2015 12:13:14 +0530 Rupee Gains vs Dollar, up 14 Paise in Late Morning Deals Earlier, the rupee opened higher at 65.29 per dollar as against yesterday's level of 65.41 per dollar at the Interbank Foreign Exchange (Forex) market. Wed, 07 Oct 2015 11:20:01 +0530 Rupee Gains 12 Paise Against Dollar in Early Trade Wed, 07 Oct 2015 10:06:19 +0530 Sensex up 34 Points in Opening Trade on Sustained Fund Inflows The benchmark BSE Sensex gained over 34 points in opening trade today on buying in oil, banking and IT stocks amid sustained foreign fund inflows. Wed, 07 Oct 2015 09:58:32 +0530 Fear of Job Cuts at VW as Chief Warns of Painful Road Ahead Matthias Mueller, took over as CEO after former boss Martin Winterkorn was forced to resign in the wake of the diesel emissions-rigging scandal Wed, 07 Oct 2015 08:04:27 +0530 'Households Staring at Massive Mortality Protection' In India, the size of mortality protection gap is significant at $8,555 bn in 2014, having grown by 11 pc p.a between 2004 and 2014. Wed, 07 Oct 2015 04:38:59 +0530 IMF Lowers India's Economic Growth Projection to 7.3Percentage IMF revised downwards India’s economic growth projection to 7.3 from its earlier estimate of 7.5 per cent for the current fiscal. Wed, 07 Oct 2015 04:37:41 +0530 Foreign Roadshows Begin for NTPC, BEL Disinvestment Ministry of Power and NTPC both are simultaneously conducting roadshows in Singapore, Hong Kong, London, US between Oct 5-10. Wed, 07 Oct 2015 04:36:40 +0530 Private Sector Output in Sept Fades Sluggish manufacturing and services sector growth pulled down private sector output in September, according to a survey done by Nikkei. Wed, 07 Oct 2015 04:35:19 +0530 India Bright Spot for Investment: Modi Assures investors of simple, predictable tax regime as well as IPR protection for which a comprehensive national policy is being finalised Wed, 07 Oct 2015 04:34:47 +0530 Fringe issues should be dealt with as Law and Order Problem: Rajan Tue, 06 Oct 2015 22:43:16 +0530 Centre Wants GST Rates to be as Reasonable as Possible: Mani Tue, 06 Oct 2015 22:40:51 +0530 SBI Signs USD 300 Million Loan Agreement with KfW for Rural Lending Tue, 06 Oct 2015 22:34:39 +0530 NCDEX, Kotak Mahindra Bank Pact to Provide Commodities Loans Tue, 06 Oct 2015 22:33:00 +0530 SpiceJet Shareholders Approve Ajay Singh's Appointment as MD Tue, 06 Oct 2015 22:28:43 +0530 Axis Bank Realigns Home Loan Rates, Introduces New Slab The rates compare with rival ICICI Bank and HDFC's offerings, which have been revised in the past two days, and are a shade expensive than SBI's offering. Tue, 06 Oct 2015 22:23:08 +0530 India Set to Grow at 7.5% in 2016: IMF Global real GDP grew at 3.4 percent last year, and is forecast to grow at only 3.1 percent this year. Tue, 06 Oct 2015 19:46:52 +0530 ADB to Lend Bangladesh $45 Mn for Water Resource Project ADB is providing a $45 million loan and the government of the Netherlands is expected to give a grant of $7 million. Tue, 06 Oct 2015 19:41:35 +0530 Beaten-down AirAsia Taps Investors to Take Company Private Tue, 06 Oct 2015 19:22:22 +0530 E-commerce Driving India's SME Growth: Study As per the report, 85 percent of SMEs who adopted e-coommerce believe that it is a cost effective medium for sales growth. Tue, 06 Oct 2015 18:29:59 +0530 India Takes 17% More Iran Oil in September Than in August IOC is not a regular buyer of the crude as its term contract with the Islamic republic averages only about 25,000 bpd. Tue, 06 Oct 2015 16:19:48 +0530 Value Buying Buoys Markets, Sensex up 154 Points The Sensex had so far touched a high of 27,010.27 points and a low of 26,751.25 points in the intra-day trade. Tue, 06 Oct 2015 16:03:56 +0530 Diageo Appoints Kathryn Mikells as CFO Mikells joins Diageo from Xerox Corporation, where she is currently the CFO, a position she has held since May 2013. Tue, 06 Oct 2015 15:53:23 +0530 Defence Companies in India to Form Industry Alliance This apart, the forum could also promote collaborations, support improved understanding among the members, pursue India's strategic needs and deal appropriately with the interests of all the stakeholders. Tue, 06 Oct 2015 15:50:54 +0530 Germany to Provide 125 Million Euro Loans For Green Energy Projects Germany will provide loans worth 125 million Euro (about Rs 915 crore) for financing two green energy projects in Himachal Pradesh and Andhra Pradesh. Tue, 06 Oct 2015 15:10:06 +0530 IndiaFirst Gets Rs 150 Crore Capital Infusion It has received additional capital from three promoters, Bank of Baroda, Andhra Bank and Legal & General of the UK as per their shareholding pattern, it said. Tue, 06 Oct 2015 14:54:07 +0530 Indian Employers Facing Rising Healthcare Costs: Towers Watson The survey showed that 42 per cent of Indian employers believe improving employee well-being is one of the top objectives of their benefit strategy. Tue, 06 Oct 2015 14:52:10 +0530 Rational Personal Taxes, Flat 25 Percent Corporate Tax in 4 Years: FM Finance Minister Arun Jaitley has promised a rational tax rate for individuals and bringing down of corporate tax to 25 per cent flat in four years beginning next fiscal. Tue, 06 Oct 2015 14:49:17 +0530 Former NTPC Chief Appointed Head of West Bengal RPSC His five year term as head of India's largest electricity producer came to an end in August and was eligible for an extension till he achieved superannuation age in 2017. Tue, 06 Oct 2015 14:48:03 +0530 FDI in e-commerce Will Be Opposed, Says CAIT Traders body CAIT has said it will strongly oppose FDI in e-commerce amid a report suggesting the government to review its position and allow foreign investment into B2C e-retail segment. Tue, 06 Oct 2015 14:45:48 +0530 India Hopes to Roll Out Goods and Services Tax in 2016: Modi Tue, 06 Oct 2015 13:25:37 +0530 GST to be on 'Top Oriority': Arun Jaitley Tue, 06 Oct 2015 12:39:59 +0530 'Problem of Black Money Can be Tackled by Rationalising Taxes' Tue, 06 Oct 2015 12:35:03 +0530 China Slowdown Won't Impact India: Jaitley India's Finance Minister Arun Jaitley has said that the slowdown in the Chinese economy is not going to impact his country and India could become the "additional shoulder" the global economy needs to stand on. Tue, 06 Oct 2015 12:31:18 +0530 Private Sector Output Loses Steam in September Growth in India's private sector output "faded" in September as both manufacturing and service sectors witnessed sluggish rise amid softer demand conditions across the country, a Nikkei survey said. Tue, 06 Oct 2015 11:26:02 +0530 Taiwan Urges VW to Recall Over 17,000 Cars Tue, 06 Oct 2015 11:01:01 +0530 Sensex Scales Back 27K Mark, Surges 225 Points on Global Cues All sectoral indices led by consumer durables, healthcare and oil & gas were trading in the positive zone with gains of up to 1.06 per cent. Tue, 06 Oct 2015 10:59:02 +0530 Rupee Gains 4 Paise Against Dollar in Early Trade Dealers said continued foreign fund inflows and selling of dollar by exporters supported the rupee. Tue, 06 Oct 2015 10:44:13 +0530 Nifty Opens Above 8150, Sensex Gains Over 200 Points The market started with a bang, continuing its uptrend from yesterday as the Sensex geared 207 points trading around 26992.55. Tue, 06 Oct 2015 10:16:00 +0530 Jaitley Blames 1971 Mindset for Lost Opportunities of Last Decade ndia's Finance Minister Arun Jaitley blamed the mindset of 1971 that believed in slogans and redistribution rather than growth and higher productivity. Tue, 06 Oct 2015 10:12:09 +0530 India Leads Asia's Dash for Coal as Emissions Blow East Tue, 06 Oct 2015 08:25:30 +0530 Credai Moves CCI Against Cement Cartelisation Credai knocked on the doors of fair trade regulator CCI against against the CMA alleging price manipulation. Tue, 06 Oct 2015 05:13:50 +0530 Senior Citizens Interest Rate Safe Finance Ministry said, government will keep in mind the interest of senior citizens, girl child while reviewing small deposit schemes as well. Tue, 06 Oct 2015 05:12:47 +0530 Citi Sees Modest Pick Up in Growth to 7.5 Percentage 'Indian economy is likely to see a modest recovery with GDP growth expected to be 7.5 pc this fiscal and improve further in next fiscal' Tue, 06 Oct 2015 05:12:05 +0530 Growth to Exceed 7.5 Percentage This Fiscal Despite global slowdown and declining export demand, India emerged as the fastest growing major economy in the world Tue, 06 Oct 2015 05:10:24 +0530 Black Money Disclosure Amount Revised Govt collected Rs 4,147 cr during black money disclosure compliance window, higher than previously announced Rs 3,770 cr. Tue, 06 Oct 2015 04:53:50 +0530 Tech, Services Market to Touch $350 Billion by 2025 IT, ITeS industry is poised to touch $350 bn by 2025, provide 1.2-2 mn additional jobs, according to a Nasscom-McKinsey report. Tue, 06 Oct 2015 04:49:14 +0530 Delhi Police Sends Notice to Flipkart Over Mobile Phone Theft Case Mon, 05 Oct 2015 22:18:42 +0530 Indian GDP Predicted at 7.5 Percent in 2015-16: World Bank Improved investor sentiment and resilience to external shocks are expected to increase India's GDP growth rate to 7.5 percent during 2015-16. Mon, 05 Oct 2015 19:18:05 +0530 Fraunhofer to Propel 'Make in India' Programme The department of heavy industries and leading German applied research firm Fraunhofer-Gesellschaft signed a pact on Monday to augment 'Make in India' programme, an official statement said. Mon, 05 Oct 2015 19:09:04 +0530 Ghaziabad's Delhi Metro Link in Trouble The extension of Delhi Metro to Uttar Pradesh's Ghaziabad town is in doubt due to financial crunch, a senior official said on Monday. Mon, 05 Oct 2015 19:07:22 +0530 Fund Crunch Hits India-Bangladesh Rail Project Mon, 05 Oct 2015 18:45:52 +0530 'Make in India' Has Potential for German Investment: Joint Statement The two countries also agreed that India's participation as partner country at the Hannover Messe fair has created a positive momentum for business. Mon, 05 Oct 2015 18:43:14 +0530 Airtel May Cut Data Prices by 25 Percent Next Fiscal: Goldman Sachs Bharti Airtel may cut data prices by 25 per cent in the next financial year as a result of Reliance Jio launching services, a report by Goldman Sachs said. Mon, 05 Oct 2015 18:34:45 +0530 FICCI Structures 16 Point Agenda Report on Healthcare in India FICCI has laid down a 16 point agenda to leverage the competitive advantages and position of India as the most preferred healthcare destination. Mon, 05 Oct 2015 17:01:06 +0530 Sensex Zooms 583 Points on Low Chances of a US Rate Hike Lessened chances of a US rate hike coupled with a strengthening rupee cheered investors and led Sensex to provisionally close over 583 points up. Mon, 05 Oct 2015 15:55:26 +0530 App-based Cabs to be Treated as Any Other Taxi Service: Government Clearing the ambiguity over laws governing app-based cabs such as Uber and Ola, the government said such cabs should be treated like any other taxi service and it will soon issue guidelines on the same to the states. Mon, 05 Oct 2015 15:50:17 +0530 Apple Ranks First in Global Brand Value American tech giant Apple Inc. topped this year in terms of brand value, a global consultancy report showed. Mon, 05 Oct 2015 14:25:25 +0530 Low Chances of US Rate Hike Cheer Markets; Sensex Up 444 Points Lessened chances of a US rate hike coupled with a strengthening rupee cheered investors in the Indian equity markets and led a barometer index to gain over 444 points during the mid-afternoon trade session. Mon, 05 Oct 2015 14:17:36 +0530