Gradual recovery at work, GDP may grow to 7.8% in FY16: Nomura

Last Updated: Wednesday, September 2, 2015, 20:51

A cyclical recovery is under way for the Indian economy, and the country's GDP growth is expected to improve to 7.8 percent this fiscal from 7.3 percent in 2014-15, a Nomura report says.

Hope RBI takes note of low inflation, oil prices: FM Jaitley

Last Updated: Monday, August 31, 2015, 13:23

In a scenario where inflation is under control, the quantum of interest rate cut is "the prerogative of the RBI", he said.

Brent and US oil mark fresh 6-1/2-year lows on China and oversupply

Last Updated: Monday, August 24, 2015, 08:09

US October crude also had dropped 60 cents to $39.85 a barrel, after hitting $39.71 a barrel or the lowest since $39.44 in March of 2009.

Rupee sinks to 2-year low at 65.40 against US dollar

Last Updated: Wednesday, August 19, 2015, 10:06

Forex dealers said apart from sustained demand for the US currency from importers and dollar's gain against other currencies overseas, lower opening in domestic equity markets put pressure on the rupee.

India can take on China with low cost of wages: Arun Jaitley

Last Updated: Friday, August 7, 2015, 21:58

Speaking at a leather industry event, he said India's largest competitor China is facing today a "great challenge of a high wage bill". China's labour cost, which was once affordable, is now high.

Land acquisition a difficult task in India: Panagariya

Last Updated: Saturday, August 1, 2015, 14:48

Terming land acquisition as one of the "difficult acts" in India, NITI Aayog Vice Chairman Arvind Panagariya on Saturday said it can easily take up to 5 years for acquiring land for a large project including building of cities.

Gold heads for longest weekly losing streak in 16 years

Last Updated: Friday, July 31, 2015, 08:42

Spot gold was up 0.1 percent at $1,088.86 an ounce by 0037 GMT, but not far above last week`s trough of $1,077, its lowest since February 2010. It was down nearly 1 percent for the week and 7 percent for the month.

SpiceJet, Indigo, Jet Airways announce monsoon sale, tickets available at Rs 999

Last Updated: Tuesday, July 28, 2015, 18:15

SpiceJet 3-day sale will be open till midnight, July 30, 2015, for travel period August 4 - October 15, 2015.

Gold stuck near 5-1/2-year low as Fed hike looms

Last Updated: Tuesday, July 28, 2015, 08:27

The Federal Reserve begins a two-day meeting later in the day where policymakers are likely to signal further that a rate hike later in the year is certain as the U.S. economy strengthens.

Gold hovers near five-year low, heads for worst week since October

Last Updated: Friday, July 24, 2015, 09:15

Gold held near its lowest level since March 2010 early on Friday and was set to end the week posting its deepest loss in nine months, pressured by predictions of further losses as the Federal Reserve moves closer to raising interest rates.

EasyJet forecasts soaring annual profit

Last Updated: Wednesday, July 22, 2015, 15:35

That compared with £581 million in the company`s previous fiscal year, EasyJet said in an upbeat statement on its third quarter or three months to the end of June.

'Low-carbon urban development ways can save $17 tn globally'

Last Updated: Wednesday, July 8, 2015, 13:15

It has identified key economic opportunities that could help bridge up to 96 per cent of the gap between "business-as- usual emissions and the level needed to limit dangerous climate change".