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Friday 28 November 2014
News updated at 10:18 PM IST
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RBI scraps 80:20 gold import curbs; price may come down

Easing restrictions on gold imports, the Reserve Bank today scrapped the controversial 80:20 scheme, a move which the industry believes will bring down prices of the precious metal. Reuters file photo

Easing restrictions on gold imports, the Reserve Bank today scrapped the controversial 80:20 scheme, a move which the industry...

This is best time for India to become superpower: KPMG CEO

Global consultancy firm KPMG India's CEO Richard Rekhy today said that economic slowdown in many countries have provided a great opportunity for India to be at centre stage of world. PTI file photo

Global consultancy firm KPMG India's CEO Richard Rekhy today said that economic slowdown in many countries have provided a great...

Indian economy grows at 5.3 pc in July-September quarter

Indian economy grew at a better- than-expected rate of 5.3 per cent in July-September quarter on account of improved performance of mining, power and certain services sectors. AP photo

Indian economy grew at a better- than-expected rate of 5.3 per cent in July-September quarter on account of improved performance of mining...

L&T Finance, Muthoot evince interest for banking licence

Within a day of the RBI issuing the final guidelines for payments banks and small finance banks, L&T Finance and Muthoot Finance today evinced initial interest in applying for such banking licences. PTI file photo

Within a day of the RBI issuing the final guidelines for payments banks and small finance banks, L&T Finance and Muthoot Finance today evinced...

700 cos under RBI lens for non-payment of investor money

More than 700 companies across the country have come under the RBI scanner for alleged non- payment of investors' money, the government said today. Reuters file photo

More than 700 companies across the country have come under the RBI scanner for alleged non- payment of investors' money...

Oil struggles in Asia after OPEC maintains output

Oil prices struggled in Asian trade today after the OPEC cartel refused to cut production despite a global glut that has sent prices slumping to four-year lows, with analysts warning of further falls by the end of the year. Reuters file photo

Oil prices struggled in Asian trade today after the OPEC cartel refused to cut production despite a global glut that has sent prices...

TFA to ease cross-border business for SMEs: ITC

The trade facilitation agreement will make it easier for small and medium-sized enterprises to do business across borders, a subsidiary organisation of the WTO has said while calling for its speedy implementation. File photo

The trade facilitation agreement will make it easier for small and medium-sized enterprises to do business across borders, a subsidiary organisation...

Mkts log new peaks as tumbling oil price lifts rate cut hopes

Markets gained for the third straight session today with benchmark Sensex surging 255.08 points to 28,693.99 and Nifty rising 94.05 points to 8,588.25, led by banking and auto shares, as hopes of a rate cut by RBI brightened after oil prices tumbled to multi-year lows. Reuters photo

Markets gained for the third straight session today with benchmark Sensex surging 255.08 points to 28,693.99 and Nifty rising 94.05 points...

US welcomes historic WTO deal with India on board

'The WTO has taken a critical step forward by breaking the impasse that has prevailed since July,' US Trade Representative Michael Froman said in a statement. PTI photo

The US has welcomed the World Trade Organization reaching a historic multilateral trade deal with India on board after months...

BSE m-cap at Rs 100 trn;investor wealth up 10 times in decade

Scaling a new peak, the total investor wealth in Indian stock market today hit a record high of Rs 100 trillion, marking a jump of ten times in little over a decade. PTI file photo

Scaling a new peak, the total investor wealth in Indian stock market today hit a record high of Rs 100 trillion, marking a jump...

There is 'good buzz' around business ecosystem: Sitharaman

Noting that steps were being taken to improve the overall business environment, Commerce Minister Nirmala Sitharaman today said there is 'generally good buzz' around the ecosystem after the new government came to power. PTI file photo

Noting that steps were being taken to improve the overall business environment, Commerce Minister Nirmala Sitharaman today said...

If Govt asks, Maruti ready to change safety features: Kalsi

After Maruti Suzuki's popular hatchback Swift failed the recent Global NCAP crash test, the company today said it is ready to upgrade safety standards if asked to do so by the government. Reuters file photo

After Maruti Suzuki's popular hatchback Swift failed the recent Global NCAP crash test...

More News
Photo Gallery
Prime Minister Narendra Modi on his departure after attending SAARC summit...

Prime Minister Narendra Modi on his departure after attending SAARC summit...

A boy salvages for belongings amid the debris of his house in Mumbai...

A boy salvages for belongings amid the debris of his house in Mumbai...

Shyam Benegal with Naseeruddin Shah during the launch of the latter's book...

Shyam Benegal with Naseeruddin Shah during the launch of the latter's book...

Actor turned politician Kushboo with Congress vice president Rahul Gandhi...

Actor turned politician Kushboo with Congress vice president Rahul Gandhi...

An Indian army soldier keeps vigil near Pindi Khattar village...

An Indian army soldier keeps vigil near Pindi Khattar village...

Men play soccer at a field in Peshawar...

Men play soccer at a field in Peshawar...

NorthEast United FC players celebrate their third goal against Chennaiyin FC...

NorthEast United FC players celebrate their third goal against Chennaiyin FC...

An injured soldier is taken to hosp during a gunbattle with militants at Pindi Khattar village...

An injured soldier is taken to hosp during a gunbattle with militants at Pindi Khattar village...

Netanyahu attends the annual memorial ceremony for Israel's first prime minister, David Ben-Gurion..

Netanyahu attends the annual memorial ceremony for Israel's first prime minister, David Ben-Gurion..

Sharif holds hands with  Modi and  Ashraf Ghani during the closing session of the SAARC summit...

Sharif holds hands with Modi and Ashraf Ghani during the closing session of the SAARC summit...

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