Business

October 6, 2014 1:14 PM

FDI in telecom sector rises sharply to 2.3 billion dollars

Foreign Direct Investment, FDI, in the telecom sector rose sharply to 2.3 billion dollars in the first four months of the current fiscal. The Department of Industrial Policy and Promotion in a release said FDI in the telecom sector was just 1.3 billion dollars in the entire 2013-14 fiscal. It said p...

October 6, 2014 1:11 PM

CII Business Confidence Index shoot up to 57.4

The CII Business Confidence Index for July-Sept quarter has shot up to 57.4, up from 53.7 in April-June and 49.9 in Jan-March quarter this year. During the same quarter last fiscal, the index had touched the all-time low of 45.7. The number 50 is the dividing line on the index between positive and w...

October 4, 2014 9:27 PM

Coal stocks at 56 thermal plants critical: CEA

Coal stock position at thermal power plants remains critical as more than half of the generating stations have less than a week's fuel stock. As per the latest data by the Central Electricity Authority, CEA, 56 coal-based power plants reported critical fuel stocks of less than seven days. A...

October 4, 2014 7:15 AM

Coal stock position at thermal power plants critical

Coal stock position at thermal power plants remains critical as more than half of the generating stations have less than a week's fuel stock. As per the latest data by the Central Electricity Authority, CEA, 56 coal-based power plants reported critical fuel stocks of less than seven days. A...

October 4, 2014 7:14 AM

Make In India initiative launched to boost manufacturing sector in the country

The Make In India initiative launched by Prime Minister Narendra Modi aims to boost the manufacturing sector in the country. In this initiative, the intellectual property rights issue also needs to be looked at as it plays a crucial role in registering products and designs which forms the base for i...

October 3, 2014 7:26 AM

World oil prices drop to their lowest levels in more than a year

The world oil prices have dropped to their lowest levels in more than a year. The move follows the decision by Saudi Arabia, one of the world's largest oil producers to cut its oil prices for the fourth month in a row but without any signs of cutting its production to ease the glut in the g...

October 3, 2014 7:26 AM

US's biggest bank, JP Morgan reveals that it suffered a massive cyber attack

The United State's biggest bank, JP Morgan has revealed that it suffered a massive cyber attack on 76 million private and seven million business customers in the country. The raid gathered account holders names and addresses but the bank said it did not involve critical information such as ...

October 3, 2014 7:25 AM

FDI in telecom sector rises sharply to 2.3 billion dollars

Foreign Direct Investment, FDI, in the telecom sector rose sharply to 2.3 billion dollars in the first four months of the current fiscal. The Department of Industrial Policy and Promotion in a release said FDI in the telecom sector was just 1.3 billion dollars in the entire 2013-14 fiscal. It said p...

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