Business

September 4, 2015 4:45 PM

IMF warns slower growth in China

The International Monetary Fund has warned slower growth in China and continuing stock market uncertainty pose a threat to global economic growth. China's slowdown appears to have bigger repercussions for other countries than had been expected. The troubles in China have sent the prices of ...

September 4, 2015 4:44 PM

Govt to invest Rs 8.5 lakh cr in Railways

Minister of State for finance Jayant Sinha has said government will invest 8.5 lakh crore rupees in Indian Railways to change the face of the sector. Speaking at the 55th Annual convention of Automotive Component Manufacturers of India in New Delhi, Mr. Sinha said, after a decade of chronic under in...

September 4, 2015 12:59 PM

ONGC buys 15% stake in Russia's 2nd-largest oil field from Rosneft

State-owned Oil and Natural Gas Corp. (ONGC) has bought a 15 per cent stake in Russia's second-largest oil field from Rosneft for about USD 1.35 billion.Sources said that ONGC Videsh Ltd, the overseas investment arm of the state explorer, signed agreements in Moscow to buy 15 per cent stake...

September 3, 2015 9:34 PM

RBI to issue Rs 5 coin on golden jubilee of 1965 Indo-Pak war

The Reserve Bank of India will shortly put into circulation Rs 5 coins to commemorate golden jubilee of Indo-Pak War 1965. RBI said in a release today that the coins will be legal tender as provided in the Coinage Act 2011. Existing coins in this denomination will also continue to be legal tender, i...

September 3, 2015 9:29 PM

IMF warns slower growth in China

The International Monetary Fund has warned slower growth in China and continuing stock market uncertainty pose a threat to global economic growth. China's slowdown appears to have bigger repercussions for other countries than had been expected. The troubles in China have sent the prices of ...

September 3, 2015 8:53 PM

Govt to invest Rs 8.5 lakh cr in Railways

Minister of State for finance Jayant Sinha today said government will invest 8.5 lakh crore rupees in Indian Railways to change the face of the sector. Speaking at the 55th Annual convention of Automotive Component Manufacturers of India in New Delhi, Mr. Sinha said, after a decade of chronic under ...

September 3, 2015 5:39 PM

Railways launches paperless unreserved ticketing mobile app

Ministry of Railways has launched a paperless unreserved ticketing mobile application for the passengers travelling from New Delhi to Palwal Section. Now the passengers can buy unreserved tickets through their smart phones and need not visit Stations to purchase tickets. Besides, the Railways has al...

September 2, 2015 8:46 PM

FMC to be merged with SEBI from Sep 28

Government today notified the merger of commodities market regulator Forward Markets Commission (FMC) with SEBI with effect from 28th of this month. An official press release said, Finance Minister Arun Jaitley, in his Budget speech, had announced the merger of FMC with the capital market regulator ...

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