Business

January 16, 2014 9:42 AM

France to get USD 1.4bn extra revenue as citizens reveal cash abroad

France Budget Minister Bernard Cazeneuve said today that 11,000 people had come forward to regularise funds hidden abroad, which could bring in 1.4 billion US dollars in extra revenue.French are coming forward to declare funds as Switzerland has curtailed its vaunted banking secrecy under internatio...

January 16, 2014 9:14 AM

Aim to put Indo-Pak trading ties back on the rails: Pak Commerce Min

On the eve of a ministerial visit to India, Pakistan on Wednesday said it is working on granting Non-Discriminatory Access status instead of the contentious MFN. This was disclosed by Pakistan Commerce Minister Khurram Dastgir Khan in an interview to PTI in Islamabad today.Mr. Khan, who is set to tr...

January 16, 2014 9:12 AM

<br/>Aim to put Indo-Pak trading ties back on the rails: Pak Commerce Min

January 16, 2014 9:09 AM

France to get US 1.4bn extra revenue as citizens reveal cash stash abroad

January 16, 2014 8:52 AM

Sensex gains 257 points to close over 21,000-level

The Sensex at the Bombay Stock Exchange surged 257 points, or 1.2 percent, to close at 21,289, on Wednesday, on good buying by investors after wholesale inflation cooled to a five-month low, and as global markets gained ground. The Nifty at the National Stock Exchange rose 79 points, or 1.3 percent,...

January 15, 2014 9:17 PM

Govt clears 5 FDI proposals

Government has approved five proposals of Foreign Direct Investment -FDI amounting to over 1,133 crore rupees. According to the Finance Ministry, those FDI proposals cleared include around 682 crore rupees proposal of Tesco Overseas Investments Ltd. to acquire 50 percent of the equity share of the I...

January 15, 2014 7:54 PM

Rupee falls 2 paise to 61.54 vs dollar

The rupee slipped 2 paise, to 61.54 against the dollar.The Indian currency had gained 38 paise to close at one-month high of 61 rupees 52 paise on Monday.

January 15, 2014 5:52 PM

British FM warns EU that it was falling behind India & China

British Finance Minister George Osborne today warned the European Union that it was falling behind India and China and must reform to halt the bloc's decline. Addressing a think tank conference organised by two Eurosceptic groups in London, the Chancellor of the Exchequer acknowledged the n...

January 15, 2014 5:50 PM

Sensex gains 257 points to close over 21,000-level

The Sensex at the Bombay Stock Exchange surged 257 points, or 1.2 percent, to close at 21,289, today, on good buying by investors after wholesale inflation cooled to a five-month low, and as global markets gained ground. The Nifty at the National Stock Exchange rose 79 points, or 1.3 percent, to 6,3...

January 15, 2014 5:46 PM

Wholesale Inflation declines to 5-month low of 6.16% in Dec

Wholesale inflation declined to a five-month low of 6.16 per cent in December 2013, from 7.52 per cent in November. Inflation in food articles dropped to 13.68 per cent in December, from 19.93 per cent in November, according to the Wholesale Price Index data released today.Vegetables were costlier b...

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