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Contraction deepens: August WPI inflation falls to -4.95%

Last Updated: Monday, September 14, 2015, 12:16

The WPI inflation for the month of August stood at -4.95 percent for the month of August, 2015 (over August, 2014) as compared to -4.05 percent for the previous month and 3.85 percent during the corresponding month of the previous year, according to the data released by the government.

FM Jaitley exhorts US companies to invest more in infrastructure sector

Last Updated: Monday, September 14, 2015, 11:55

Jaitley was addressing the 11th Indo-US Economic Summit, which among others was attended by the US Ambassador to India, Richard Verma.

Sensex recoups 97 points on positive IIP data

Last Updated: Monday, September 14, 2015, 09:54

The 30-share barometer recovered 96.66 points, or 0.38 per cent, to 25,706.87, with stocks of realty, power, capital goods and PSU sectors leading the recovery.

OnePlus One 64GB now available on Snapdeal for Rs 21,998

Last Updated: Monday, September 14, 2015, 08:45

The smartphone is powered by a Qualcomm Snapdragon 801 processor with 3GB RAM and 64GB internal storage.

Cooling inflation to fuel calls for lower interest rates

Last Updated: Monday, September 14, 2015, 08:10

With price pressures at record lows, expectations are building that the RBI will lower borrowing costs by at least 25 basis points (bps) at its next policy review on September 29, after three cuts earlier this year.

Rupert Murdoch looks at Star to lead group's international revenue

Last Updated: Sunday, September 13, 2015, 15:52

Star India, which is a fully owned subsidiary of 21st Century Fox, broadcasts over 40 channels in seven languages, reaching more than 720 million every week across 100 countries.

Macro data points, global leads to dictate market trend

Last Updated: Sunday, September 13, 2015, 15:45

Besides, the progress of monsoon, movement of the rupee against the dollar, will also be key factors determining the trend on the bourses in the truncated trading week.

McDonald's India to double outlets with Rs 750-cr investment

Last Updated: Sunday, September 13, 2015, 12:52

McDonald's, which was the first quick service restaurant (QSR) format to start operations in the country two decades ago, is now betting on alternative, healthy offerings in the face of competition.

Air India may launch premium economy class

Last Updated: Sunday, September 13, 2015, 12:11

As of now, Tata-SIA-promoted full service airline Vistara is the only domestic carrier which offers premium economy on its flights, besides business and economy class.

Govt may extend interest subsidy scheme for exporters by 3 years

Last Updated: Sunday, September 13, 2015, 12:06

The ministries of commerce and finance are discussing the issue and their decision is likely to be sent soon to the Union Cabinet for approval, sources said.

Spectrum trading norms a forward looking move: Vodafone

Last Updated: Sunday, September 13, 2015, 11:21

"We see this as a very forward looking move by the government," Vodafone India MD and CEO Sunil Sood said, adding that companies can now create greater efficiency and optimise the spectrum in the ecosystem.

Policymakers need to change regulatory mindset: FM Jaitley

Last Updated: Saturday, September 12, 2015, 20:36

Finance Minister Arun Jaitley on Saturday said policymakers need to change their regulatory mindset asserting that role of state should be minimised and government monopoly must end wherever possible.