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Sensex jumps 727 points to mark biggest single-day gain since May 2009

General

10 September, 2013

Sensex jumps 727 points to mark biggest single-day gain since May 2009

The BSE Sensex jumped nearly 4 per cent on Tuesday, its biggest single-day gain since May 2009, led by blue ......

TRAI recommends cut in spectrum auction floor price

TMT

09 September, 2013

TRAI recommends cut in spectrum auction floor price

India on Monday proposed a cut of up to 60 per cent in minimum auction prices for mobile phone spectrum ......

Icahn bows out of battle for control of Dell

TMT

09 September, 2013

Icahn bows out of battle for control of Dell

Activist investor Carl Icahn said on Monday he was bowing out of efforts to block founder Michael Dell's proposed buyout ......

Exports post double digit growth in August

Manufacturing

09 September, 2013

Exports post double digit growth in August

India's merchandise exports posted double-digit growth in the month of August, while imports were "contained", Trade Secretary S. R. Rao ......

India eyes diesel price rise, fuel consumption curbs

Manufacturing

06 September, 2013

India eyes diesel price rise, fuel consumption curbs

India may announce more measures to curb fuel consumption later this month and raise diesel prices by close to 10 ......

PIMCO's Bill Gross says global economy difficult to stabilise

General

06 September, 2013

PIMCO's Bill Gross says global economy difficult to stabilise

Pimco's Bill Gross, manager of the world's largest bond fund, said on Thursday the global economy has become difficult to ......

Sensex, rupee rally as new RBI chief Rajan fuels confidence

General

05 September, 2013

Sensex, rupee rally as new RBI chief Rajan fuels confidence

The rupee rallied and shares surged on Thursday after the new Reserve Bank of India (RBI) chief unveiled measures to ......

BRICS to commit $100B to foreign exchange fund, completion a way off

General

05 September, 2013

BRICS to commit $100B to foreign exchange fund, completion a way off

The BRICS group of emerging economies will contribute $100 billion to a fighting fund to steady currency markets destabilized by ......

Services activity shrinks again in August, weakest since 2009

TMT

04 September, 2013

Services activity shrinks again in August, weakest since 2009

Indian services activity shrank in August at its quickest pace since the depths of the global financial crisis as new ......

Raghuram Rajan takes over as RBI chief, says economy fundamentally sound

General

04 September, 2013

Raghuram Rajan takes over as RBI chief, says economy fundamentally sound

Raghuram Rajan, a suave, unflappable University of Chicago economist, stepped into the eye of the storm roiling India's economy on ......