Uncertain monsoon still a risk to growth, inflation: RBI

Last Updated: Thursday, August 27, 2015, 18:33

The Reserve Bank on Thursday said uncertainty in the progress and distribution of monsoon, a key factor in performance of the farm sector, continues to be a risk for both growth as well as the inflation outlook.

RBI to focus on bringing inflation down to 4% target

Last Updated: Thursday, August 27, 2015, 17:34

The RBI has projected consumer inflation will hit 6 percent by January 2016 before gradually easing to 4 percent two years later.

India's GDP growth rate to reach 8% by 2017: World Bank

Last Updated: Tuesday, April 14, 2015, 08:38

It could reach 8 per cent in FY 2017/18, on the back of significant acceleration of investment growth to 12 per cent during FY 2016-FY 2018, the bank said in its semi-annual report.

Facebook annual report reveals major shift to mobile

Last Updated: Monday, December 30, 2013, 15:44

Facebook annual report has revealed that it is successfully making the shift to mobile with almost 50 percent of users accessing the social networking site on their mobiles worldwide.

Infosys' visa-related costs jump over 50% at Rs 308cr in FY'13

Last Updated: Sunday, May 19, 2013, 10:55

Stricter norms and higher rejection rate of work permits have pushed up the visa-related cost of country's second largest software services company, Infosys by more than 50 percent to Rs 308 crore in 2012-13 fiscal.

Vedanta made Rs 28 cr donations to political parties in 3 yrs

Last Updated: Sunday, August 26, 2012, 16:00

According to its annual reports, Vedanta has paid USD 8.29 million to the political parties since 2003-04, when it got listed London Stock Exchange.

RBI asks govt to cut subsidies, boost capital expenditure

Last Updated: Thursday, August 23, 2012, 19:14

The Reserve Bank has called upon the government to cut expenditure on subsidies and "use resources so released to step up public capital expenditures".

BHEL withdraws FPO papers on Fin Min directive, annual profit climbs 14%

Last Updated: Tuesday, April 3, 2012, 12:25

State-owned BHEL, which reported an annual net profit of profit at Rs 6,868 crore for the financial year ended March 2012, on Tuesday said it has withdrawn the initial papers for the follow-on offer filed with Securities and Exchange Board of India (SEBI), following an instruction by the Finance Ministry.

Sensex posts weekly gain of 3.6%

Last Updated: Saturday, January 21, 2012, 13:20

The BSE benchmark Sensex ruled firm for the third consecutive week, surging by another 584 points during the past week in view of strong corporate results and sustained buying by foreign funds.

Sensex snaps 2-day rise; Hindustan Unilever drops

Last Updated: Wednesday, January 4, 2012, 17:32

The main 30-share BSE index ended down 0.36 percent or 56.72 points at 15,882.64, with 18 of its components in the red. It rose 0.2 percent in opening deals and later fell as much as 0.7 percent.

Sensex logs 1st annual fall in 3 years, sheds 24.6% in 2011

Last Updated: Friday, December 30, 2011, 16:22

The BSE Sensex closed 0.6 percent lower on Friday and posted its first annual fall in three years as a combination of near double-digit inflation, high interest rates, slowing domestic growth and policy inaction turned off investors already shaken by global headwinds.

Sensex poised for first annual fall in 3 years

Last Updated: Friday, December 30, 2011, 12:32

The BSE Sensex rose on Friday after three days of losses as positive data from the United States helped allay concerns about the global economy, but the market was on course to log its first annual fall since 2008.