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Mayhem on Dalal Street

It was just like a massacre. Stocks fell like nine pins on Bleeding Tuesday. Consider…

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'Hiring activity improving; e-commerce, realty lead the trend'

After almost two years, the Indian job market is showing signs of improvement as more than half of the companies surveyed said they are currently on a hiring mode, according to search and selection specialist…

16 Sep 2014

SBI Revises Deposit Rates By 0.25% in Two Buckets

Country's largest lender State Bank of India today cut its interest rate offering for medium-term deposits by 0.25 per cent to 8.75 per cent, citing slower-than -expected pick up in advances. However, it increased rates for…

16 Sep 2014

Domestic Airlines Record An Increase In Passenger Traffic By 8.31 Percent

As per the statistics by the civil aviation ministry on Tuesday the passenger count in domestic flights saw a growth of 8.31 percent in August from 52.60 lakh in the same month last year to…

16 Sep 2014

India May be Among Top Exporters by 2030: HSBC

India has the potential to become the world's fifth largest exporter of goods by 2030 in value terms, says HSBC Trade Forecast. The country has the potential to become an export hub for autos and it…

16 Sep 2014

Sensex hovers around 26,800; ONGC, Tata Motors top losers

Benchmark Indices continue to trade in a tight range with negative bias weighed down by oil and financials shares along with Asian markets leading the fall. Meanwhile, investors turned cautious ahead of the start of the…

16 Sep 2014

Google unveils Rs 6,399 Android One phone for India

Google Inc today launched in India a Rs 6,399 Android One phone capable of Internet access, as it looks to win customers in the world's fastest growing smartphone market with low prices and better quality…

15 Sep 2014

August WPI inflation falls to 5-year low of 3.74%

The wholesale price index (WPI)-based inflation fell substantially to a five-year low of 3.74% in August from 5.19% in July as all broad categories showed decline in the rate of price rise over this period. The…

15 Sep 2014

India, Vietnam ink seven agreements

India and Vietnam on Monday signed seven agreements, including one on air services and another on scouting for oil. The seven agreements were signed in the presence of visiting Indian President Pranab Mukherjee and his Vietnamese…

15 Sep 2014

Rupee Hits 4 Months Low With 32Paise Dip Against Dollar

Amidst an unsteady domestic equity market, Rupee fell by 0.32 paise to 60.97 contrary to the US dollar in early trade on September 15th. Surge in demand for the US currency from foreign buyers comes…

15 Sep 2014

HDFC Bank goes green, sends debit card PIN by SMS

In a novel green initiative, HDFC Bank has launched a system of sending the personal identification number (PIN) for debit card holders through SMS instead of the usual dispatch by post. “With the launch of the…

14 Sep 2014

Jet Pilots Bash Media, Launch Own Technical Cell for Analysis

Criticising sections of the media for misreporting on a recent incident involving loss of altitude by a plane, the pilots' union of private carrier Jet Airways today said it is forming a 'technical cell' to…

14 Sep 2014

FICCI projects economy will grow at 5.6 percent

India's GDP will grow at 5.6 percent during 2014-15 and economic activity is expected to continue with this momentum in the second half of the current fiscal, Ficci said Sunday. "The new government guided by the…

14 Sep 2014

Rs.5,700 crore loss in Kashmir floods: Assocham

Floods in Jammu and Kashmir have caused a loss of around Rs.5,700 crore with heavy damages to trade, hotels, restaurants, horticulture and handicraft, Assocham said Sunday. "The total losses are estimated to be Rs.2,630 crore for…

14 Sep 2014

Kingfisher loan default only a 'trickle': Vinod Rai

As industrialist Vijay Mallya fights his wilful defaulter tag, former CAG Vinod Rai has said Kingfisher Airlines' loan default is just a "trickle" and the overall problem of huge bad loans at public sector banks…

14 Sep 2014

Tata to commission Odisha plant by March 2015

Tata Steel on Saturday said the first unit of its 55,000 tonne per annum (TPA) ferro chrome plant in Odisha's Ganjam district will start operations by March 2015. The steel major has already got in-principle approvals…

14 Sep 2014

Air India set to send pilots to fill shortfall in Express service

The Air India board has cleared a proposal for sending its pilots on deputation to its budget arm, Air India Express, which has been facing shortage of commanders for some time now, airline sources said…

14 Sep 2014

'Economy growth to spur demand for packaging sector'

Economic growth, increased urbanisation and hygiene consciousness augurs well for the Indian packaging industry, said a senior official. "The economy is expected to grow in the coming period. Similarly urbanisation, retail sector are also growing. The…

13 Sep 2014

Nation's Forex Reserves Take A Plunge By $1.33 Billion

As per the RBI statistics revelation on Friday, country’s foreign exchange reserves have hit an almost eight week low for the week closing on September 5th. By the end of the week reserves fell by…

13 Sep 2014

​New Consumer Protection Measures in the Growing Age of E-Commerce

Some of the readers will remember the times when if a device stopped working, it was like climbing a mountain to get it repaired. Most companies had an apology of an after sales service department,…

12 Sep 2014

Sensex trades flat; oil and gas stocks gain

A benchmark index of Indian equities markets on Friday was trading flat at 37.49 points or 0.14 percent up as oil and gas stocks gained. Good buying was observed in oil and gas, banking and auto…

12 Sep 2014