Posted: April 15th, 2014, 1:24am EDT
The direction and pace of policy reforms in India, more than which political party takes control after elections, will have a bearing on the sovereign rating, said Standard and Poor's rating agency on Tuesday.
Posted: April 15th, 2014, 12:54am EDT
The rupee weakened by 14 paise to 60.31 against the US dollar in early trade at the Interbank Foreign Exchange market on Tuesday on disappointing IIP numbers.
Posted: April 15th, 2014, 12:45am EDT
The benchmark BSE Sensex rose over 108 points in early trade on Tuesday, following gains in IT stocks, after Infosys reported a better-than-expected rise of 24.9 per cent in Q4 net profit at Rs 2,992 crore.
Posted: April 15th, 2014, 12:44am EDT
The Bangalore-based company's consolidated net profit for the fiscal fourth quarter ended March 31 was Rs 29.92 billion ($496.72 million), compared to Rs 23.9 billion in the same period a year earlier.
Posted: April 14th, 2014, 9:35pm EDT
The US government’s deficit will fall to $492 billion this year, according to the Congressional Budget Office (CBO), a steeper drop than originally predicted from $680 billion in fiscal year 2013.
Posted: April 14th, 2014, 9:33pm EDT
State-owned ONGC could save up to $800 million on capital costs if it decides to use infrastructure facilities owned by Reliance Industries (RIL) at KG Basin for processing gas, according to a draft report submitted by Aker Solutions.
Posted: April 14th, 2014, 9:32pm EDT
The bond market, which is set to be flooded with debt papers in a week that has been shortened by two holidays, is expecting the benchmark yield to harden again.
Posted: April 14th, 2014, 9:30pm EDT
The city’s startup community has just found a new patron in none other than institutional investment firm Xander Group.
Posted: April 14th, 2014, 9:24pm EDT
Mutual funds come with several advantages — some are inherent in their structure while others because of taxation rules set by the government — which give them an extra edge and make them a very strong investment product for wealth creation.
Posted: April 14th, 2014, 9:19pm EDT
Getting into the best performing stocks, commodities, futures and options or even FDs at the best rate of interest is the dream of most investors.