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Business activity in India showing recovery: Goldman Sachs

Last Updated: Tuesday, July 14, 2015, 15:04

Business activity picked up in the second quarter of 2015, largely on the back of better investment demand and improvements in commercial vehicle sales, Goldman Sachs said Tuesday.

June quarter may see a mere 3% revenue growth: Crisil

Last Updated: Tuesday, July 7, 2015, 20:51

Rating agency Crisil on Tuesday painted a gloomy picture on the earnings front.

Textile sector outlook stable with downside risks: Ind-Ra

Last Updated: Tuesday, July 7, 2015, 17:55

The country's textile industry has a stable outlook for the current fiscal on account of robust domestic demand, lower input costs and competitiveness in apparel exports, says a report by India Ratings & Research (Ind-Ra).

Govt mulls raising Rs 15,000 cr through gold bond scheme

Last Updated: Tuesday, July 7, 2015, 17:41

Government is looking at raising Rs 15,000 crore in the current fiscal through the gold bond scheme, for which a cabinet note is likely to be moved for consideration later in the month.

Cotton prices to remain stable in CY 2015-16, says ICRA

Last Updated: Tuesday, June 23, 2015, 20:58

Even if cotton production declines by up to 15 percent next season, the adequate domestic stock position is likely to keep the prices stable during cotton year (CY) 2015-16, according to rating agency ICRA.

'Gold sovereign bonds to address import issues'

Last Updated: Friday, June 19, 2015, 19:12

Centre's gold sovereign bond scheme is expected to address pure investment demand for the yellow metal, says India Ratings and Research (Ind-Ra).

Urea imports down by 33% to 10.03 lakh tonnes in Apr-May period

Last Updated: Thursday, June 18, 2015, 18:59

India's urea imports dipped by 33 percent to 10.03 lakh tonnes in the April-May period of current fiscal compared to the same period last year.

Airbus expects commercial planes demand to touch $4.9 tn

Last Updated: Tuesday, June 16, 2015, 18:58

Airbus confirmed the sale of 60 modernised versions of the A320neo family to the aircraft financing and leasing company, GECAS.

Industry seeks rate cut by RBI as inflation remains negative

Last Updated: Monday, June 15, 2015, 18:19

"This should propel the RBI to continue with its rate easing cycle to support demand and strengthen the nascent recovery in industrial production," it said in a statement.

'Vedanta to be accountable for Cairn's $3.2 billion tax demand'

Last Updated: Monday, June 15, 2015, 16:12

The I-T Department had in March imposed a tax demand of Rs 20,495 crore on Cairn India for failing to deduct withholding tax on alleged capital gains made by its erstwhile promoter, Cairn Energy.

Good demand for Indian spices; export touch $2,432.85 mn

Last Updated: Monday, June 15, 2015, 13:35

In 2014-15, chilli, cumin, turmeric, coriander and ginger accounted for more than 70 percent of the total volume of spice export whereas mint, chilli, spice oils & oleoresins, cumin and pepper accounted for around 70 percent of the total export earnings.

Oil prices fall after Saudis say could raise output to meet demand

Last Updated: Friday, June 12, 2015, 12:56

Front month U.S. crude fell 28 cents to $60.49 a barrel by 0152 GMT. Brent futures were down 25 cents at $64.86 a barrel.