Business

December 8, 2016 2:35 PM

India-UK Conference on Ease of Doing Business inaugurated in Delhi

The India-UK Conference on Ease of Doing Business has been jointly inaugurated today by Secretary, Ministry of Commerce and Industry, Ramesh Abhishek and British High Commissioner Dominic Asquith in New Delhi.The two day conference will act as an opportunity to enhance the strategic bilateral partne...

December 8, 2016 1:05 PM

Japan cuts GDP growth for third quarter

Japan's third-quarter GDP was weaker than thought with a 0.3 percent growth, revised data showed today, as reduced corporate spending held back the world's number three economy. The latest figures were lower than an initial estimate of 0.5 per cent growth in the July-September peri...

December 8, 2016 1:05 PM

Rupee good run continues, gains 19 paise in early trade

The rupee jumped 19 paise against the dollar today on sustained selling of the US currency by exporters and banks amid a higher opening in the domestic equity market amid foreign fund inflows. This was the third consecutive day of rise for the domestic currency. Meanwhile, the benchmark BSE Sensex r...

December 8, 2016 12:11 PM

China likely to import more food grains as output declines<br/>

China is likely to import more grains after its output this year fell by about 5 point 2 million tonnes compared with last year as the planting area shrank and per unit yield also decreased, according to official data.National grain output stood at about 616 million tonnes in 2016, down by about 5.2...

December 8, 2016 12:08 PM

China likely to import more food grains as output declines<br/>

China is likely to import more grains after its output this year fell by about 5.2 million tonnes compared with last year as the planting area shrank and per unit yield also decreased, according to official data.National grain output stood at about 616 million tonnes in 2016, down by about 5.2 milli...

December 7, 2016 5:26 PM

Oil steadies on doubts output cut

Global crude oil prices steadied, today, as investors waited to see if OPEC and Russia deliver promised production cuts. Brent crude oil futures were up just 10 cents, to 54.03 dollars a barrel. U.S. crude was up 15 cents, at 51.08 dollars a barrel. Oil prices had surged as much as 19 percent after ...

December 7, 2016 8:55 AM

RBI relaxes norms for AFA to speed up small value online transactions<br/>

To speed up small value online transactions, the RBI has relaxed norms for Additional Factor of Authentication, AFA for payments up to 2,000 rupees. Relaxing the norms for AFA requirement for transactions up to 2,000 rupees for online CNP (Card not present) transactions, the RBI said, only authorise...

December 6, 2016 8:24 PM

India receives $300 billion FDI between April 2000-September 2016

India received over 300 billion US dollar Foreign Direct Investment (FDI) milestone between April 2000 and September 2016. Thirty three per cent of the FDI came through the Mauritius route, apparently because the investors wanted to take advantage of India&apos;s double taxation avoidance treaty...

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