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Annual India Economic Summit to begin today

The annual India Economic Summit will begin in New Delhi today. Commerce and Industry Minister Nirmala Sitharaman will open the two-day meet which wil...


Dubai's $20bn Jumeirah Central to have 1.5km tunnel

Jumeirah Central, the $20 billion (AED73.4 billion) urban mixed-use city district planned for Dubai, will have a 1.5-kilometre underground tunnel, a t...


Qatargas signs deal to supply natural gas to Sharjah, RAK

Dolphin energy and Qatar Petroleum have signed a long-term agreement to supply natural gas to the United Arab Emirates.Gulf Arab countries who once sa...


Dubai starts work on Middle East's largest rooftop solar project

Construction of the largest solar rooftop project in the Middle East is underway after DP World commissioned the installation of 88,000 solar panels o...


Cisco backs Dubai cybersecurity event

Cisco, a global technology leader, has signed up as a major sponsor for the upcoming Du Cybersecurity Conference in Dubai.Given the increasing transit...


£140bn Apple shrugs off iPhone sales dip to top most valuable brands list

Technology giant Apple has been named the world's most valuable brand despite seeing iPhone sales fall this year.Google secured second place and Coca-...


Petrol hiked 14 paise/litre, diesel by 10 paise

State-run oil marketers again raised transport fuel prices effective from Wednesday on account of hikes in dealer commission, by 10 paise for diesel a...


RBI cuts repo rate, raises hopes of cheaper loans ahead of festive season

The Reserve Bank of India on Tuesday announced a 25 basis point cut in the policy interest rate (repo), making it possible for home, car and consumer ...


Microsoft chief Satya Nadella takes home $17.7 mn pay

India-born chief of Microsoft Satya Nadella saw his pay packet shrinking to USD 17.7 million (about Rs 117.7 crore) in the fiscal ended June, includin...


Google unveils Pixel smartphones

Google unveiled its new 'Pixel' brand of phones, geared up with Google Assistant and virtual reality capabilities, as it looks to challenge Apple in t...


Sensex rallies 143 points on IMF growth ungrade for India

Adding gains for the fourth day on the trot, the Sensex jumped over 143 points and the Nifty retook the 8,800 level amid continuous foreign capital in...


Rupee tumbles 16 paise, stronger equities contain fall

Reversing its three-day climb, the rupee fell by 16 paise to 66.62 against the US dollar at the Interbank Foreign Exchange due to higher demand for th...


India's GDP growth to remain strong at 7.6% in 2016: World Bank

The World Bank has said, India's GDP growth will remain strong at 7.6 percent in 2016 and 7.7 percent in 2017. In its latest report 'South Asia Econom...


Sensex climbs 159 points in early trade

The Sensex surged by over 159 points today as interest-sensitive stocks took the centre-stage ahead of RBI's announcement of its policy decision later...


Black money disclosure: Identity strictly confidential: CBDT

Income Tax Department has said strict confidentiality will be maintained about the identity of persons who have disclosed black money under the Income...


Rafale deal: Reliance, Dassault Aviation set up joint venture

In a major deal for India's private defence industry, Anil Ambani-led Reliance Group and Rafale maker Dassault Aviation today announced a joint ventur...


Sensex climbs 161 points ahead of RBI policy meet, on Asian cues

Market benchmark Sensex rescaled the key 28,000-mark by surging almost 161 points in early trade today on optimistic buying ahead of the RBI policy re...


Direct transfer payments going to be the rule in future: Arun Jaitley

Union Finance Minister Arun Jaitley has made it clear that the direct transfer payments are going to be the rule in future with tremendous success in ...


SBI chief Arundhadi Bhattacharya gets one year extension

The Centre has given a year extension to Arundhati Bhattacharya as the Chairman of State Bank of India, first time in the history of the country's lar...


Volkswagen launches Ameo diesel in India

German automaker Volkswagen today launched in India the diesel variant of its compact sedan Ameo, priced between Rs 6.33 lakh and Rs 9.31 lakh (ex-sho...


Telecom spectrum auction starts today

India's biggest auction of telecom spectrum kicks off today with seven operators in fray for a total of 2,354.55 MHz across seven bands, towards which...


Infrastructure sector grows 3.2% in August

The country's infrastructure sector grew 3.2 per cent in August this year, year-on-year. The infrastructure sector had grown 3 per cent in July this y...


Petrol price hiked by 28 paise/litre

Petrol price has been hiked by 28 paise per litre, while diesel price cut by 6 paise a litre excluding VAT. The new rate came into effect midnight las...


Rupee recovers 16 paise against dollar in early trade

The rupee recovered 16 paise to 66.69 against the US dollar in early trade today at the Interbank Foreign Exchange market on fresh selling of the Amer...


Sensex losses swell as Oct series gets off to shaky start

Extending yesterday's sharp losses, the Sensex slumped about 108 points to 27,719.81 today as the October derivatives series began on a subdued note m...


Air India to introduce 3 more flights on Australia-India air route

Air India will introduce three more flights on the Australia-India air route next year, increasing the frequency to 10 flights per week. Air India cha...


OPEC announces deal to cut output in 8 years

The price of oil has surged after Ministers from the world's biggest oil nations announce a deal to cut output for the first time in eight years. Memb...


Rupee climbs another 6 paise in early trade

Extending its gains for the fifth straight day, the rupee inched up by another 6 paise to trade at a fresh two-week high of 66.44 against the dollar i...


Sensex rebound over 68 points in early trade

Market got off to a positive start despite weak Asian cues as the benchmark Sensex rebounded over 68 points today on value-buying in select blue-chip ...


World Bank agrees to name Jim Yong Kim to 2nd term as President

The board of the World Bank has unanimously agreed to name Jim Yong Kim to a second term as President. Kim had been the only candidate in a process. I...

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