Archive for the Category ‘Economy’
The Bombay Stock Exchange’s Sensex was witnessing a choppy session as traders chose to remain on sidelines ahead of monthly inflation figures and the Reserve Bank of India’s policy review meet later this week. According to dealers, the market may
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Snapping 3-day gaining streak, the BSE Sensex fell over 41 points on Monday to 16,805.33 in volatile trading as investors booked profits, after strong gains made last week, despite a positive trend in global markets.Metals, consumer durables, FMCG, realty and
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In a move that would give the much-needed push to broadband penetration in the country, the Centre for Development of Telematics (C-DoT) on Monday transferred indigenously-developed Gigabit Passive Optical Network (GPON) technology to seven telecom equipment manufacturers, including private players.The
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A benchmark index for Indian equities on Monday was ruling weak in opening trade after the robust rally in the previous week.The 30-scrip sensitive index (Sensex) of the BSE, which opened at 16,812.3 points, was ruling at 16,778.39 points, minutes
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Even as the issue of 100 per cent foreign direct investment in retail has set off a major controversy in India, the Chinese experience offers a refreshingly positive tale to tell.
Almost two decades after China opened up retail fully, starting
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Planning Commission on Friday said there is no case for providing stimulus to the industry to arrest moderating growth as the fiscal deficit is high and may exceed the Budget estimate of 4.6 per cent by about one percentage point.
“I
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Global drug major Ranbaxy Laboratories on Thursday announced the launch of its generic version of its much sought after cholesterol-lowering drug Lipitor in the U.S. market.
The announcement of the launch came following the final approval from the U.S. health regulator
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Food inflation witnessed a sharp moderation to 8 per cent for the week ended November 19, though prices of most agricultural items, barring potatoes, onions and wheat, continued to rise on an annual basis.
Food inflation, as measured by the Wholesale
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The United States health regulator on Wednesday granted approval to Ranbaxy Laboratories to produce generic version of cholesterol lowering drug Lipitor, a move that will help the India-based firm to launch the drug in the American market.
“Ranbaxy Laboratories Ltd has
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The BSE benchmark Sensex was down by 108 points in early trade on Wednesday on persistent selling pressure in consumer durables, realty, capital goods, auto, metal and power stocks amid sustained foreign capital inflows and weak Asian cues.
The 30-share Sensex
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Leading NRI entrepreneur Lord Karan Bilimoria has described the decision of the Indian government to allow 51 per cent foreign direct investment in the multi-brand retail sector as “fantastic”.
“It is going to be fantastic,” Lord Bilimoria said while speaking at
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The smartphones are equipped with BlackBerry 7 Operating SystemCanada-based Research In Motion (RIM) on Thursday increased its portfolio of smartphones in India by introducing three new handsets equipped with its latest ‘BlackBerry 7′ operating system (OS).Feature-richWhile BlackBerry Bold 9790 that
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Food inflation fell sharply to single digit at 9.01 per cent for the week ended November 12 even as prices of most agricultural items, barring potatoes, onions and wheat, continued to rise, on an annual basis.
Food inflation,
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Microsoft has stepped up as a potential bidder for Yahoo!, making a deal to review the struggling Internet pioneer’s financial books, The New York Times reported on Wednesday.
In signing a non-disclosure agreement, according to the Times, Microsoft has joined a
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The BSE benchmark Sensex tumbled by 587 points in the first half of trade on Wednesday, dipping below the 15,500-mark at mid-session on heavy selling ahead of monthly expiry in the derivatives segment and global growth jitters.
The 30-share barometer, which
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Want to benefit from the latest scientific research in the country? Or afraid that you will inadvertently duplicate another’s study? NISCAIR is there to help you with its many journals and other publications, aggregating the findings of research studies taking
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The Indian rupee depreciated by 35 paise to a lifetime low of Rs. 52.50 per US dollar in early trade on the Interbank Foreign Exchange on Tuesday on sustained demand for the American currency from banks and importers.
Dollar gains against
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Terming India and China as the major focus and strong emerging markets for any future growth, leading global chemical giant BASF has outlined India to be a major growth market in its Asia pacific Strategy 2020 plan. It plans to
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