Business

July 27, 2016 6:29 PM

Call drops problem will be resolved in next 3 to 4 months: Govt

Government today said the call drops problem will be resolved in the next three to four months. Replying to a supplementary in the Lok Sabha during Question Hour, Telecom Minister Manoj Sinha said the Centre will certainly remove this black spot of call drops. Mr Sinha said, he had a meeting with te...

July 27, 2016 6:29 PM

FDI serves to increase domestic capital & promote creation of jobs: Sitharaman

Commerce Minister Nirmala Sitharaman told the Rajya Sabha today that Foreign Direct Investment or FDI serves to increase domestic capital and promote creation of jobs across sectors. Such investments bring best international practices and latest technologies leading to economic growth and employment...

July 27, 2016 6:05 PM

European and Asian stocks rise while yen declines against dollar<br/>

The Japanese market surged, and stocks rose in Europe, today, while the yen sank against the dollar, after Prime Minister Shinzo Abe said his government would present a 265 billion dollar stimulus package to reflate the Japanese economy. The larger-than-expected figure helped lift Tokyo stocks 1.7 p...

July 27, 2016 12:36 PM

US stocks end mixed

US stocks ended mixed, yesterday, as investors worked through a large batch of corporate earnings from a range of companies, including Gilead Sciences, McDonald&apos;s and Texas Instruments. So the Dow Jones industrial average fell 19 points, or 0.1 percent, to close at 18,474. The Standard &amp...

July 26, 2016 8:40 AM

RBI imposes penalty of Rs 5 cr on BoB

The Reserve Bank of India has imposed a penalty of five crore rupees on Bank of Baroda after it found irregularities in the 6,100-crore rupees scam that was unearthed last year. Various irregularities by bank such as non-submission and inordinate delays in filing of Suspicious Transaction Reports, b...

July 25, 2016 9:12 PM

Sensex surges 292 points; NIFTY closes to a 15 month high

The Sensex at the Bombay Stock Exchange surged 292 points, or 1.1 percent, to close at 28,095. The Nifty at the National Stock Exchange jumped 94 points, to a 15 month high of 8,636. Other key Asian markets in Japan, China, Hong Kong, South Korea and Singapore ended little changed.

July 25, 2016 12:23 PM

RBI imposes penalty of Rs 5 cr on BoB

The Reserve Bank of India has imposed a penalty of five crore rupees on Bank of Baroda after it found irregularities in the 6,100-crore rupees scam that was unearthed last year. Various irregularities by bank such as non-submission and inordinate delays in filing of Suspicious Transaction Reports, b...

July 25, 2016 8:18 AM

NDB announces loans worth 900 million dollars

The New Development Bank launched by 5 emerging economies, known as BRICS, has announced its first round of loans worth about 900 million dollars. The Bank held its first general meeting in Shanghai. Brazil, Russia, India, China and South Africa established the institution last year. The first set o...

July 24, 2016 1:02 PM

Suresh Prabhu asks TN CM to come forward for joint venture railway projects

Railway Minister Suresh Prabhu has asked Tamil Nadu chief minister J.Jayalalithaa to come forward to have joint venture railway projects.He launched the free hi-speed wi-fi service in the Chennai Central railway station and inaugurated the indigenous medical facilities in the reputed Railway Hospita...

July 24, 2016 9:34 AM

Foundation stone laid for MSME technology center in Visakhapatnam

Andhra Pradesh Chief Minister N Chandrababu Naidu, along with Union Ministers Kalraj Mishra and Venkaiah Naidu laid the foundation of Ministry of Micro, Small and Medium Enterprises technology centre at Pudi in Visakhapatnam district on Saturday. The Centre has decided to locate a world-class techno...

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