Deutsche slashes December Sensex target to 28,000

Last Updated: Monday, September 14, 2015, 21:30

Global banking and financial services major Deutsche Bank Monday slashed its year-end Sensex target to 28,000 from 31,000 on concerns over global growth.

ABB lowers sales target, eyes $1 bn in savings

Last Updated: Wednesday, September 9, 2015, 16:26

Swiss-Swedish engineering giant ABB on Wednesday revised down its sales growth target for the next five years and unveiled a cost-cutting programme to rake in $1.0 billion in savings.

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.

Govt can spend Rs 37,200-cr more and still meet deficit target

Last Updated: Wednesday, August 26, 2015, 22:49

The government can spend an additional Rs 37,200 crore more this fiscal year in infra investments or bank recapitalisation and still not miss the 3.9 percent fiscal deficit target, the domestic ratings agency India Ratings said in a report Wednesday.

Economy is in revival stage: Arun Jaitley

Last Updated: Monday, August 24, 2015, 13:42

“We are facing many global problems ,but we need to go with full determination on the roadmap laid as we know our strength,” Jaitley said.

Euro zone inflation stable at 0.2%, still far off ECB target

Last Updated: Friday, July 31, 2015, 14:57

The European Union`s statistics office Eurostat said on Friday that consumer prices in the 19 countries sharing the euro rose by 0.2 percent year-on-year in July, as in June.

PFC stake sale over-subscribed; Govt nets Rs 1,600 crore

Last Updated: Monday, July 27, 2015, 17:52

With the successful sale of 6.60 crore shares in Power Finance Corp (PFC) through a one-day OFS route at a floor price of Rs 254 apiece, the government would get over Rs 1,600 crore.

Govt sets Power Finance offering base price at Rs 254/share

Last Updated: Saturday, July 25, 2015, 20:32

The government has set the base price for the offering of shares in state-run Power Finance Corp Ltd at Rs 254 a share, the company said on Saturday, a discount of 2.1 percent from Friday`s close.

PFC stake sale floor price at Rs 254; disinvestment on Monday

Last Updated: Saturday, July 25, 2015, 14:30

Government is expected to mobilise around Rs 1,676 crore through the divestment.

Keeping fiscal deficit at 3.9% challenging: Deutsche Bank

Last Updated: Monday, July 6, 2015, 23:59

Foreign brokerage Deutsche Bank Monday said there are a plenty of challenges in terms of maintaining the fiscal deficit at the targetted 3.9 percent of GDP for this fiscal.