Cyrus Poonawalla buys Mumbai's Lincoln House for $105 million

Last Updated: Tuesday, September 15, 2015, 14:00

The US government has sold a former maharaja`s mansion in Mumbai to an Indian billionaire for USD 105 million, the businessman`s son said Monday, four years after it was put on the market.

Watch: Premium ticket pricing in railways

Last Updated: Tuesday, September 15, 2015, 11:44

With festive season just around the corner, the passengers are now facing problems due to dynamic fare of premium trains in tatkal booking.

Goldman Sachs pegs India growth at 8% on TEE's boost

Last Updated: Monday, September 14, 2015, 19:00

India is likely to become the fastest-growing emerging market this year and its potential growth could rise to 8 percent over the next five years driven by Technology, gains in Education and Ease of doing business due to less red tape, Goldman Sachs said today.

GDP growth to exceed 7.5% this fiscal: Govt

Last Updated: Monday, September 14, 2015, 14:56

The Indian economy expanded by 7 per cent in the first quarter (April-June) of current fiscal. In last fiscal, the GDP growth was 7.3 per cent.

New Delhi most expensive Indian city for expats: Survey

Last Updated: Sunday, September 13, 2015, 10:26

New Delhi has moved up 6 spots in the regional ranking to 41st place. Globally, it is now 174th most expensive location for expatriates, up from 208th last year.

Rupee and reserves to remain restless: Experts

Last Updated: Saturday, September 12, 2015, 18:15

The US Fed will decided on whether or not to raise interest rates in its Federal Open Market Committee (FOMC) slated for September 16-17.

Rs 500 notes most in demand, Rs 1,000 at second place

Last Updated: Friday, September 11, 2015, 18:17

Of all bank notes in circulation, Rs 500 denomination bills accounted for 46 percent, while thousand-rupee notes were close behind at 39.3 percent as on March 2015.

Forex reserves continues to shrink, declines by close to $3 bn again

Last Updated: Friday, September 11, 2015, 18:14

In the previous reporting week, the reserves had fallen sharply by USD 3.433 billion to USD 351.920 billion.

Rupee recovers 9 paise at 66.34 against USD

Last Updated: Friday, September 11, 2015, 10:05

The rupee recovered 9 paise at 66.34 against the dollar in early trade Friday on fresh selling of the US currency by exporters.

Rupee closes 2 paise down at 66.43 against USD

Last Updated: Thursday, September 10, 2015, 18:51

Snapping its two-day rising trend, the rupee slipped marginally by two paise at 66.43 against the US dollar Thursday on good demand for the greenback from banks and importers.

Market forces should determine rupee value: Sinha

Last Updated: Thursday, September 10, 2015, 15:50

Value of the rupee should be driven by market forces even as the Reserve Bank and the government strive to maintain stability in the currency market, Minister of State for Finance Jayant Sinha has said.

Hamstrung by red tape, hospital operators buy their way into India

Last Updated: Thursday, September 10, 2015, 08:58

Expanding through acquisitions has increasingly become the tactic of choice for hospital operators seeking to speedily expand in India, where the demand for private healthcare is booming thanks to an overburdened public healthcare system.