Business
Sahara saviours deny fraud, say ready to buy company assets
Mirach Capital Group, which was specially formed for the execution of the Sahara deal, had initially offered a loan against Sahara group's hospitality properties, according to its Indian-American CEO Saransh Sharma.
India expected to keep interest rates steady until after budget
Whether the RBI cuts on Tuesday or not, markets are pricing in more interest rate cuts over the rest of the year.
Coal India Limited mega share sale sails through; government to get Rs 22600 crore
In the biggest ever disinvestment exercise, the government's 10 per cent stake sale in Coal India on Friday got over subscribed by 1.05 times and fetched about Rs 22,600 crore although retail investors did not bid so aggressively.
GDP base year revision may help government contain fiscal deficit
"Usually, the size of economy expands by 1-3 per cent after the revision of the base year," former member of Planning Commission Abhijit Sen said.
India postpones mobile spectrum auction to March 4
The government has postponed the auction of mobile phone spectrum through which it is expected to raise $10 billion until March 4.
Sensex up 273 points, Nifty ends above 8800 for 1st time ever
DLF spiked 5.5 per cent, and Cairn India jumped over 4 per cent on rise in crude oil prices.
DGCA lifts curb on advance bookings, Centre clears SpiceJet plan
The airline's Chief Operating Officer Sanjiv Kapoor said that the Directorate General of Civil Aviation's decision would "aid cash flow and the revival process".
Chinese daily scoff at reports of India's GDP overtaking China
The IMF report said China's growth rate would further decline to 6.8 this year and 6.3 next year, falling behind India's projected 6.5 per cent growth rate for 2016.
RBI asks banks to review minimum lending rate every quarter
The direction comes soon after Reserve Bank cut repo rate by 0.25 per cent, the first reduction in 20 months, to boost credit and economic growth.
Jet Airways not to charge fee for ticket cancellation within 24 hours
he waiver can be availed only within 24 hours of booking a ticket, the airline said in a release.
World Bank cuts global economic outlook despite oil price drop
The World Bank on Tuesday lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the euro zone, Japan and some major emerging economies that offset the benefit of lower oil prices.
RBI governor Raghuram Rajan named as the 'governor of the year' in Central Banking Awards 2015
File Photo
It's time for flexible hiring
Cohesive teamwork is the decisive factor for a fruitful venture.
Rupee gains 12 paise against dollar in early trade on Tuesday
The rupee had gained 16 paise to close at over one-month high of 62.16 on Monday against the American currency on persistent selling of dollar.
Sensex up 85 points in early trade on encouraging IIP data
On similar lines, the National Stock Exchange index Nifty rose by 33.30 points, or 0.40 per cent, to 8,356.30.
Sensex climbs 183 poits; Infosys up 5 per cent
The BSE barometer finally closed with a rise of 183.67 points, or 0.67 per cent to 27,458.38.
