Business

In a very surprising move, which rattled the India Inc., RBI Governor Raghuram Rajan has announced a hike of 25 basis points in the repo rate, making things difficult for the banks. The decision triggered an immediate fall in the market and…

After 18 years, the Tata Group has finally taken a step forward by joining hands with Singapore Airlines to start a new airline venture in which Tatas will have 51% stake. The Singapore Airlines will have 49 per cent stake in the new…

After a surprising decision by the US Federal Reserve, which decided to continue buying bonds at the current rate of USD 85 billion a month for now instead of announcing a $10-15 billion reduction to its asset purchase programme, the Indian…

The onion prices in India have skyrocketed to Rs 70-80 per kg, thanks to short in supply across the country. Food Minister KV Thomas has assured the nation that prices will come down within a fortnight. There has been a jump of 245% in…

After Chevrolet India, which recalled 1.14 lakh Taveras and 4,000 units of the SAIL U-VA and Sedan cars after the detection of a potential fault, it's the turn of Ford India to recall 1.66 lakh units of its small car Figo and Sedan Classic.…

After six consecutive hikes in the last three months, the oil companies gave another blow to the consumers by increasing the petrol prices by Rs 1.63 per litre (without VAT) with effect from midnight. The increase took place even if there…

Amidst the decline of rupee against American dollar, Odisha emerged as the top destination for the investment in India. The state, which is rich in natural and mineral resources and has a large coastline, has attracted many investors and…

According to latest reports, the diesel and LPG prices may go up next week to reduce the burden on the oil companies. The government has reportedly given the go-ahead to oil companies to proceed with the hike. However, there will be some…

For the first time in 10 months, the car sales have shown a rise in India in August 2013. There is a jump of 15.4 per cent in the overall sale as compared to the corresponding period last year. In total, car makers have managed to sell…

New RBI Governor Raghuram Rajan continues to make a good impact on the market, as the BSE Sensex again surged 484 points today to reach 19,754 at around 1 PM. The Niifty too witnessed a gain of 134 points to trade at 5,786. The Rupee has…