31 Oct 2014
Mumbai: Indian stocks on Friday galloped to new highs with benchmark Sensex surging 519.50 points to 27,865.83 and Nifty soaring 153 points to cross the 8,300 mark tracking a strong global rally on robust US economic growth and a surprise ramping up of Japan's monetary easing programme.
31 Oct 2014
Washington: US International Trade Commission (USITC) has launched an investigation to examine "significant changes" to India's trade and investment policies since the new Modi government came to power.
30 Oct 2014
Mumbai: The benchmark Sensex on Thursday surged about 248 points to end at record closing peak of 27,346.33 on across-the-board buying by investors after government eased rules for FDI in construction sector and US Federal Reserve reiterated its plan to keep interest rates at record lows.
29 Oct 2014
London: India said that it is conscious not to allow e-commerce to become an avenue for foreign direct investment (FDI) in the much sought-after multi-brand retail sector.
27 Oct 2014
Mumbai: The benchmark Sensex on Monday retreated from one-month highs and fell about 98 points to end at 26,752.90, logging its first drop in six sessions, on losses in bluechips like HUL, Tata Motors and RIL and caution ahead of the US Federal Reserve monetary policy meet.
16 Oct 2014
New York: Wal-Mart Stores Inc. is scaling back its growth in US stores next year, while investing more in e-commerce.
13 Oct 2014
Washington: RBI Governor Raghuram Rajan has said there would be some volatility in emerging markets once US Federal Reserve decided to raise interest rates, but India is well prepared to deal with market volatility.
11 Oct 2014
Washington: Discount retailer Kmart said a data breach of its systems had compromised some customers' debit and credit card numbers, in the latest cybersecurity attack against a major US store.
04 Oct 2014
Washington: The unemployment rate in US has dropped to 5.9 percent, the lowest since July 2008, with as many as 248,000 new jobs added in the last month, latest official statistics said. According to Bureau of Labor Statistics, the unemployment rate declined by 0.2 percentage point to 5.9 percent in September. The number of unemployed persons decreased by 329,000 to 9.3 million.
10 Oct 2014
Washington: Frustrated with US Congress's refusal to vote through crucial reforms at the International Monetary Fund, IMF chief Christine Lagarde has promised a show if they do a belly dance.