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Category: Business & Economics

1 August, 2014

Mundra takes charge as RBI deputy governor

MUMBAI (TIP): Reserve Bank of India's new deputy governor S S Mundra has been given charge of banking supervision, currency…

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1 August, 2014

Govt raises subsidy burden for explorers

NEW DELHI (TIP): Oil minister Dharmendra Pradhan on Thursday defended public sector fuel retailers against the federal auditor's criticism over…

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1 August, 2014

US KEEN TO INVEST IN 3 KEY AREAS

MUMBAI (TIP): Going by the priorities of the new government, the United States has decided to focus on three areas…

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1 August, 2014

US economy bounces back strongly in second quarter

WASHINGTON (TIP): US economic growth accelerated more than expected in the second quarter and the decline in output in the…

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25 July, 2014

PORTRAIT OF A DEDICATED LEADER

Lion Winster D Ceballos By Kajol Bishnoi Lion Winster D Ceballos of Clifton, New Jersey is a Past district governor…

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25 July, 2014

Devil’s Brew in Middle East

By S Nihal Singh America's Receding Ability to Bring Peace "The major power in the region, the United States, is…

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25 July, 2014

Blackstone-Embassy JV plans to buy 3 IT parks for Rs 3,000 crore

MUMBAI/BANGALORE (TIP): Embassy Office Parks, a joint venture between private equity firm Blackstone Group and office space developer Embassy Group,…

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25 July, 2014

Exports continue to grow at double-digit rate in June

NEW DELHI (TIP): Merchandise exports grew 10.22 per cent to $26.4 billion in June from $24.02 billion in the same…

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25 July, 2014

ECGC signs pact with BRICS countries’ export credit insurance agencies‘

MUMBAI (TIP): Export Credit Guarantee Corporation of India Ltd (ECGC) has signed a Memorandum of Understanding (MoU) on Co-operation with…

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25 July, 2014

Sun Pharma buys US injectables company

MUMBAI (TIP): Drugmaker Sun Pharmaceutical Industries has acquired Boston-based Pharmalucence Inc for an undisclosed sum. The latter has a sterile…

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25 July, 2014

Siemens launches tech & application centre in Bangalore

KOLKATA (TIP): Siemens on Wednesday announced the launch of operations at the Technology & Application Center (TAC) at Peenya, the…

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18 July, 2014

Of Bullet Trains and Boundary Disputes

"While economic cooperation with China is mutually beneficial, India must review its approach to border issues with the Asian giant.…

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12 July, 2014

Budget 2014 lacks a ‘wow’ factor: Jim O’Neill, Former Chairman, Goldman Sachs

After the excitement of the election and Narendra Modi's very large victory, and the associated rally in Indian markets since,…

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12 July, 2014

Budget 2014 displays pragmatic & pro-growth policy stance: Sanjay Nayar, KKR India

Presenting his first budget, Finance Minister Arun Jaitley summed up the prevailing economic situation as continuing to present a great…

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12 July, 2014

Towards Rebooting Growth: A BMR Analysis of Union Budget 2014

Budget 2014 reflects a number of priorities identified in the BJP election manifesto - the need to simply the taxation…

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12 July, 2014

CBDT tells I-T officers to cut down on frivolous appeals against taxpayers

NEW DELHI (TIP): The Central Board of Direct Taxes (CBDT) has issued internal instructions to tax authorities to cut down…

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12 July, 2014

MERCEDES TO LAUNCH COMPACT SEDAN ON JUL 22

KOLKATA (TIP): Mercedes-Benz India will launch the much-awaited compact sedan CLA on July 22. This is the third new generation…

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12 July, 2014

Infosys beats forecasts despite fall in Q1 profit

BANGALORE (TIP): Infosys' revenue rose moderately in the quarter ended June, but at the cost of profit, which took a…

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12 July, 2014

Mango ban: EU team to visit India in September

NEW DELHI (TIP): Amid a temporary import ban on mangoes, a team of experts from European Union will visit India…

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12 July, 2014

Industrial production up 4.7% in May, highest since Oct ’12

NEW DELHI (TIP): The country's industrial output rose 4.7% in May on the back of a robust performance by the…

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4 July, 2014

RBI EASES OVERSEAS INVESTMENT NORMS FOR INDIAN CORPORATES

MUMBAI (TIP): The Reserve Bank today relaxed norms for overseas investment by Indian corporates by raising their borrowing limit. "It…

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4 July, 2014

SAHARA GETS RS 4,860 CRORE TAX DEMAND

NEW DELHI (TIP): The income tax department on July 3 raised an interim demand of Rs 4,860 crore on the…

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4 July, 2014

Services sector growth surges in June on Modi wave: HSBC

NEW DELHI (TIP): India's private sector output witnessed significant uptrend in June as both manufacturing and services sector registered solid…

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4 July, 2014

US economy adds 2,88,000 jobs in June, unemployment rate falls to 6.1%

New York (TIP): The US economy accelerated in June, with employers adding 2, 88,000 jobs, well above the rate of…

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4 July, 2014

Foreign funding and the Maharajas among NGOs

It is speculated that a big portion of foreign funding goes to politicians and bureaucracy as a large number of…

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27 June, 2014

National imperatives in a complex world

A well-thought-through response combining intelligence, the internal security apparatus and mature political initiatives are called for. The design and execution…

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27 June, 2014

US ECONOMY SHRINKS AT ANNUAL RATE OF 2.9%, MOST IN FIVE YEARS

WASHINGTON (TIP): The American economy contracted at an annual rate of 2.9 per cent in the first quarter of this…

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27 June, 2014

GOVT DEFERS GAS PRICE HIKE, MAY JUNK UPA FORMULA

NEW DELHI (TIP): The Narendra Modi government on June 25 indicated that it would not be guided by the UPA's…

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27 June, 2014

OIL PRICE RISKS PUT INFLATION BACK IN FOCUS

BRUSSELS (TIP): Iraq will be foremost in investors' minds in the coming week as oil price risk has returned to…

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27 June, 2014

Companies can provide power 24X7 without tariff hike: Piyush Goyal

NEW DELHI (TIP): There is enough scope for utilities to ensure uninterrupted power supply without tariff shocks but consumers too…

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