Business

February 27, 2016 9:03 AM

DIPP panel suggests steps to cut down multiple permissions needed by investors

A government-constituted expert committee has suggested introduction of credible third-party certification in most areas of regulation and adopting global best practices for emission norms, among other steps to cut down on multiple permissions needed by investors.It has also recommended that there i...

February 26, 2016 10:01 PM

Global markets rise as G20 summit kicks off to reboot struggling world economy

Asian and European stock markets rose again, today, as G20 policymakers meeting in Shanghai sought common ground on how to reboot a struggling global economy in the face of renewed financial and political risks. Another day of steadier oil and currency prices supported the brighter mood. So Japan&am...

February 26, 2016 6:45 PM

Sensex gains about 200 points in afternoon trade

The Sensex at the Bombay Stock Exchange reclaimed lost ground, climbing 235 points, to 23,211 in afternoon trade, following the presentation of the Economic Survey. Similarly, the Nifty at the National Stock Exchange had gained 69 points, to 7,040 a short while ago. Other key Asian markets in Japan,...

February 26, 2016 5:34 PM

Global markets rise as G20 summit kicks off to boost struggling world economy

Asian and European stock markets rose again, today, as G20 policymakers meeting in Shanghai sought common ground on how to reboot a struggling global economy in the face of renewed financial and political risks. Another day of steadier oil and currency prices supported the brighter mood. So Japan&am...

February 26, 2016 4:35 PM

Global growth prospects clouded, need coherent response: OECD

Global economic prospects remain clouded in the near term, with emerging market economies losing steam, world trade slowing, and recovery in advanced economies hindered by persistently weak investment. This was stated by the Organisation for Economic Cooperation and Development, OECD , a Paris-based...

February 26, 2016 8:58 AM

Asia shares rise ahead of G20 talks, oil holds gains

Asian shares rose today following a firmer finish on Wall Street and as investors awaited a meeting of Group of 20 finance leaders that will likely offer words of reassurance. The S&P 500 scored its highest close since early January after oil staged a turnaround to end yesterday 3 percent hi...

February 26, 2016 8:45 AM

Shanghai G20 to discuss ways to calm global markets & spur economic growth

World's financial leaders will meet in Shanghai in G-20 summit from today to discuss ways to calm global markets and spur economic growth. They are likely to push for better implementation of the already agreed reforms and an assessment of where implementation is lacking and why.Chinese pol...

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