Business
India to outpace China to be No.1 economy by 2050: Report
India will outpace China to become the world's largest economy by 2050, boasting a GDP of $86 trillion, forecasts a report by global property firm Knight Frank & Citi Private Bank.
GMR Infra clarifies not to sell stake in energy unit
GMR Infra has clarified that they are not in talks with PE Players to offload stake in energy business.
Motor insurance to get costlier on higher 3rd-party premium
Motor insurance rates will rise from April 1 with the insurance regulator notifying new rates for motor third-party premium. The increase ranges from 6% at the lowest end to 40% at the higher end.
RBI announces borrowing plan; bond yield unlikely to move
The Reserve Bank of India (RBI) on Tuesday announced the detail government borrowing plan through marketable dated securities (or government bonds in simple term) for the first half of the fiscal year
Interest rates on post office deposits and small savings hiked
The government has raised the interest rates on National Savings Certificate (NSC), Public Provident Fund and Post Office Deposits by 20-50 basis points.
No need for more liquidity injection from RBI, say experts
The tight liquidity situation in the market has been a phenomenon for the last many weeks. Even though the RBI has tried to alleviate it with an aggressive CRR cut, the situation still looks bleak.
Sensex closes 309 pts down, Nifty below 5200
The BSE Sensex could not see any resurrect on Monday even after falling in previous five consecutive weeks.
Maruti hikes prices of cars by up to Rs 17,000
The country's largest carmaker Maruti Suzuki India (MSI) has increased the prices of its vehicles by up to Rs 17,000 following the hike in excise duty in the Budget.
Kingfisher to pay only Rs 10 crore service tax dues till March end
Cash-strapped Kingfisher Airlines, which has massively cut down operations including completely winding up international services, has agreed to pay only up to Rs 10 crore of its Rs 76-crore service t
Cheques, bank draft to be valid only for 3 months
In a bid to mitigate fraud related activities, the Reserve Bank of India (RBI) has announced that cheques and bank drafts will be valid only for three months with effect from Apr 1.
Indra Nooyi gets a raise, makes $17 mn in 2011
PepsiCo's Indian-born chairman and chief executive Indra Nooyi received $17.1 million in compensation in 2011, a 5.8 percent increase from her 2010 package, according to a regulatory filing.
Sensex up 165 points; recovers on value-buying, short covering
The BSE benchmark Sensex today recovered from 2-week lows and added over 165 points as investors picked up stocks at attractive levels amid reports of a rating agency upgrading Indian equities.
Think before borrowing in a hurry; loan rates might drop
If you are looking to take a loan, whether housing (unless on floating rates), vehicle, education or personal loans, and if you could postpone the decision for at least six months to one year, you mig
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