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Business
GDP Growth Rate Declines to 5.3% in 2nd Quarter
TNI Bureau: The Indian economy has registered its gross domestic product (GDP) growth by 5.3 per cent in the July-September period of the current financial year (2012-13) due to poor performance of manufacturing and agriculture sectors. The…
Goldman upgrades India to ‘Overweight’ from ‘Market-weight’
TNI Bureau: American multinational investment banking firm Goldman Sachs Group raised India to 'overweight' from 'market-weight', citing country's economic growth will be strong in the upcoming year. Even though, India has been criticised…
Chitra Ramakrishna to head National Stock Exchange
TNI Bureau: Chitra Ramakrishna will be the Managing Director and CEO of National Stock Exchange (NSE) from 1st April 2013, while its current chief Ravi Narain will assume the role of Vice-Chairman in a non-executive role.
At a meeting…
WAF to hold Biennial Meet in Hyderabad
Bhubaneswar: The World Agricultural Forum, the 15 years old work body will be having its biennial meet at Hyderabad, Andhra Pradesh in November, 2013 where global leaders, administrators, farmers, organizations, eminent academicians, CEOs…
Honda Civic 2013 – Features & Specifications
TNI Bureau: Honda has unveiled the new 2013 Civic, which comes with great features and added facilities. The car looks trendy and will be introduced at the Los Angeles Auto Show on November 29. The luxury sedan is likely to be available at…
Petrol Prices slashed by 95 paise Per Litre
TNI Bureau: In a huge relief to the petrol car users, the state-owned oil marketing companies reduced the price of petrol by 95 paise per litre with effective from midnight today. The appreciation of Rupee against the USD and decline in…
2G Spectrum Auction fetches Rs 9,407 Crore
TNI Bureau: The much-awaited 2G spectrum auction failed to evoke any good response, as only Rs 9,407 crore were collected against the government's estimates of Rs 40,000 crore.
During the two-day auction, bids were received only for 98…
BSE Sensex ends in Red during Muhurat Trading
TNI Bureau: For the first time since 2007, the BSE Sensex failed to bring cheer to the investors on the Muhurat Trading day on Diwali. The Sensex fell by 0.3%.
The sensex fell by 52 points to close at 18,618.87 points at the close. The…
From 2015, India not to receive Financial Aid from UK
TNI Bureau: The growing domestic pressure forced the British Government to announce the stopping of financial aid to India from 2015. The UK government will continue to provide all assistance as per the promises made earlier, but till 2014.…
UK-based Diageo Plc buys 53.4% Stake in United Spirits
TNI Bureau: Is Vijay Mallya going bankrupt because of the turbelence in Kingfisher Airlines? May be too early to predict, but Mallya-owned United Spirits has sold 53.4% stakes to UK-based Diageo Plc. The deal has been finalised at Rs…