Business

Tokyo : Reliance Capital, a part of the Anil Dhirubhai Ambani Group, and the Japanese financial services major Nippon Life Insurance Monday announced their decision to jointly start a commercial bank in India after necessary approvals.…
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Mumbai :  A A benchmark index of Indian equities markets Monday hit a record high of 26,854.08 points, surpassing its previous high of 26,674.38 points of Aug 28. All the sectors were trading in green and the rally was led by capital…
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New Delhi : The Indian mergers and acquisitions market registered an increase of 12 percent with disclosed deal value worth $22.6 billion in FY14 from $20.1 billion seen last year, said global advisory services firm Ernst & Young (EY)…
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New Delhi : With an ever increasing trade, investments and people-to-people contact between them, India and South Korea, the two Asian economic power houses, look forward to correct their trade imbalance, says Seoul's ambassador Joongyu…
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Agra :  Long queues were seen at banks in Agra to open accounts under the new Jan Dhan scheme and the response from the "under-privileged" section of the society was surprising, an officials said Saturday. P.N. Agarwal, a banking…
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Mumbai :  Expectations of stable GDP growth figures coupled with an overall expectation of further reform and quick notifications for the hike in foreign capital limits in defense and railways led to positive investor sentiments in the…
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Hyderabad :  Naya Ventures, a $50 million start-up entrepreneur-venture fund, is set to invest in seven companies in India in the next one to two years. Founded by Dayakar Puskoor, who owned P&L for the Hosting and Mobility Solutions…
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New Delhi :  Beating expectations and showing another sign of revival, the Indian economy expanded by 5.7 percent during the first quarter of the current financial year to log the highest growth yet in nine quarters or over two years,…
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Washington :  Four economists of Indian origin have been featured in in the International Monetary Fund's (IMF) list of 25 economists under 45 who are shaping the way one thinks about the global economy The "Generation Next" list of…
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New Delhi : A committee led by former finance secretary Vijay Kelkar has recommended market-linked pricing for domestic natural gas, even as a committee of secretaries is reviewing the formula recommended by the C. Rangarajan panel. A…
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