CCEA gives approval for listing five General Insurance Companies in stock exchanges

The Cabinet Committee on Economic Affairs (CCEA) has given in-principle approval for listing five government-owned General Insurance Companies in stock exchanges. Briefing media in New Delhi this afternoon after a Cabinet meeting, Finance Minister Arun Jaitley said, the listing will open way for the...

US stocks fell with financials, transports losing ground

US stocks fell, yesterday, with financials, transports and other big post-election gainers losing ground as earnings season kicked into gear. Also weighing on stocks were concerns about protectionist trade policies planned by US President-elect Donald Trump. So the Dow Jones Industrial Average lost ...

Sensex rebounds 134 points to 27369; Nifty rises to 8442<br/>

The benchmark Sensex rebounded by 134 points to 27,369 in early morning trade today after metal and other blue-chip stocks jumped amid a mixed trend in Asia and fresh foreign capital inflows.The NSE Nifty regained the 8,400-mark by rising 44 points to 8,442. China&apos;s Shanghai Composite index...

RBI Governor to appear before Parl standing committee today<br/>

Reserve Bank of India, RBI Governor Urjit Patel is likely to appear before the Parliamentary Standing Committee on Finance today. The committee, headed by former Union Minister and senior Congress leader Veerappa Moily, has called Mr Patel to brief the panel about government&apos;s demonetisatio...

13.6% growth in foreign tourist arrivals in Dec 2016

Foreign tourist arrivals in India surged by 13.6 per cent to 10.37 lakh in December on year-on-year basis earning foreign exchange of over 16,800 crore rupees, officials said. According to an official statement today, the Foreign Tourist Arrivals was 9.13 lakh during the month of December 2015. Unit...

13.6% Growth in Foreign tourist arrivals in Dec 2016<br/>

Foreign tourist arrivals in India surged by 13.6 per cent to 10.37 lakh in December on year-on-year basis earning foreign exchange of over 16,800 crore rupees, officials said. According to an official statement today, the Foreign Tourist Arrivals was 9.13 lakh during the month of December 2015. Unit...

30 more countries apply for Asia Infrastructure Investment Bank

Thirty more countries have applied for joining the China-sponsored Asia Infrastructure Investment Bank (AIIB) in which India is the second largest shareholder.Foreign Ministry spokesperson Hua Chunying said this in Beijing while highlighting the bank&apos;s achievements on its first year of oper...

Pvt industry, DRDO partnership will enhance defence exports: Parrikar

India Signs Financing Agreement of $48 million with World Bank for Nagaland Health Project

India has signed a financing agreement with World Bank for 48 million dollars for Nagaland Health Project. About six lakh people will directly benefit from the Health Project with improvements in higher-level facilities as well as system-wide investments. The objective of the project is to improve h...

Petrol price hiked by 42 paise a litre, diesel by Rs 1.03

Petrol price was hiked by 42 paisa a litre and diesel rate was raised by Rs 1(point)03 a litre. For petrol, the increase is the fourth in 6 weeks while for diesel, it is the second hike in a fortnight. The increase in rates, which are effective from midnight tonight, are excluding state levies and t...