Business
Indian Economy to Grow 7.2 Percent in 2017: World Bank
World Bank has revised India’s growth figures by 0.4 percentage points as compared to its January forecast
TCS H-1B Visa Applications Now a Third of 2015 Levels
Tata Consultancy Services (TCS) applied for only a third of the H-1B work visas this year compared to 2015, helped by increased hiring from engineering campuses and B-schools in the US.
GST to Give Level-playing Field to Organised Retail: Report
Post implementation of the Goods and Service Tax (GST), organised retailers are expected to get a level-playing field, edging out unorganised players in the medium-term, a report on retail industry has said.
Gold to be Taxed 3% Under GST; Footwear 5%, Biscuits 18%
The council, Jaitey said, will again meet on June 11, before the roll out of the new indirect tax regime.
Gold Hits One-week Low as Stocks, Dollar Gain After Upbeat US Data
Gold fell on Friday to hit its lowest in a week, with stock markets climbing and the dollar firming after upbeat US private sector job figures appeared to boost the prospects for an interest rate hike this month.
Sensex Down 75 Points on Weak Macroeconomic Data
The BSE Sensex fell over 75 points to 31,070 and the Nifty slipped below 9,600-mark in early trade on Thursday as participants trimmed their positions, triggered by lower GDP numbers and core infrastructure sectors growth.
Sensex off Record-high, Falls 41 Points in Early Trade
Snapping its record-setting spree, the benchmark BSE Sensex fell over 41 points in early trade on Tuesday as participants locked-in gains at current levels amid disappointing quarterly earnings.
Sensex Slips From Record on Profit-booking
Stock markets came off their peak and turned weak on Monday after two back-to-back sessions of gains as the benchmark Sensex cracked below 31,000-mark after investors indulged in profit-booking.
Asian Shares Hit Two-year High After Fed Signals Gradual Tightening
Asian shares scaled two-year highs on Thursday while the dollar and US bond yields slipped after the US Federal Reserve signalled a cautious approach to future rate hikes and the reduction of its $4.5 trillion of bond holdings.
Vision Document For Asia-Africa Growth Corridor Unveiled
The vision document for the proposed "Asia-Africa Growth Corridor (AAGC)" supported by Japan and India has been unveiled on Wednesday during the 52nd Annual Meeting of the African Development Bank (AfDB) here.
Rupee Drops by 23 Paise Against Dollar in Early Trade
The rupee depreciated by 23 paise to 64.78 against the dollar in early trade on Tuesday due to increased demand for the US currency from importers.
Petrol Price Cut by Rs 2.16 a Litre, Diesel by Rs 2.10
Petrol price was on Monday cut by Rs 2.16 per litre and diesel by Rs 2.10 a litre, reversing the four week trend of rising rates.
Post-GE Exit, SBI May Merge Two Credit Card JVs
Three global private equity players--Warburg Pincus, Carlyle and Japanese financial services group Credit Saison-- have emerged as final bidders for GE's stakes in SBI Card.
Petrol Pumps Postpone Sunday Agitation, Talks on Wednesday
All petrol pumps in eight states across the country which had announced a weekly 'holiday' from May 14 and work on a single shift from May 15, called off their proposed agitation on Saturday, an official statement said in Mumbai.
Rupee Zooms 25 Paise to 64.38 Against US Dollar
Scripting its biggest single-day gain in four weeks, the rupee on Thursday rallied by 25 paise to 64.38 a dollar on heavy selling of the US currency.
Nitin Gadkari Launches NHAI's First Masala Bond in UK
National Highways Authority of India's first Masala Bond was on Thursday launched at the London Stock Exchange with Union Minister Nitin Gadkari ringing the opening bell.
