Business

September 26, 2014 6:29 PM

S&P's upgrades outlook for India to 'stable' from 'negative'

In a big sentiment booster, global rating agency, Standard & Poor's on Friday raised its credit outlook on India to 'stable,' from 'negative.'A stable outlook reduces the risk of a sovereign rating downgrade.S&P said the stable outlook for...

September 26, 2014 10:29 AM

Industry tycoons have hailed the Make In India campaign initiated by the Modi led NDA government. Speaking at the launch of Make In India campaign in New Delhi, Tata Group Chairman Cyrus Mistry said that there is need to reform labour laws in the country and Tata group is committed to invest in Indi...

September 26, 2014 10:25 AM

Need to break back of Inflation: RBI Governor Raghuram Rajan

Reserve Bank of India Governor Raghuram Rajan said, there was a need to break the back of inflation which remains high and controlling it would make the apex bank's position more comfortable. He said, once inflation is contained, the RBI will be in a much more comfortable position. Mr. Raja...

September 26, 2014 9:10 AM

Jayalalitha announces formation of price stabilization fund for green tea leaf

To encourage tea industry and safeguard the welfare of workers of the tea industry and to cope up with international slump of tea prices in Nilgiris District, Tamil Nadu Chief minister J.Jayalalitha announced the formation of price stabilization fund for green tea leaf. She also allotted 12 Crores r...

September 26, 2014 9:06 AM

Food inflation can be curbed by halting wastage: Harsimrat Kaur Badal

Food Processing Minister Harsimrat Kaur Badal has said that Strengthening of backward and forward linkages will help in controlling the food wastage, which is estimated at over 40,000 crore rupees, and also aid in curbing inflation.She was speaking in Mumbai after inaugurating the 'FICCI Fo...

September 26, 2014 9:03 AM

Talks on to join Euroclear: RBI Deputy Governor

Reserve Bank Deputy Governor H R Khan has said that the country is in talks to join the world's largest settlement system for securities transactions, Euro clear.Khan was talking to reporters on the sidelines of an event in Mumbai. He said that the discussions are going on regarding Euro cl...

September 25, 2014 8:55 PM

PM unveils Make in India campaign; Promises to ease doing business in India

Prime Minister Narendra Modi has expressed confidence that his trip to the United States will mark a new chapter in bilateral strategic ties. He said, the United States is a vital partner of India's development and is looking forward to meeting President Barack Obama in Washington on the 29...

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