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India needs Financial Conditions Index
Chennai : Changes in financial market variable have an impact on the real market but the launch of several financial products has resulted in more variables to account for in economic estimates, stated a research paper put out by the…
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Kudankulam n-plant to go commercial next month
Chennai : The Nuclear Power Corporation of India Ltd (NPCIL) is expected to start commercial operations of its first 1,000 MW unit at Kudankulam Nuclear Power Project (KNPP) next month, said a senior official Thursday.
"We have to get the…
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Sensex scales new high; oil and gas stocks surge
Mumbai : A benchmark index of Indian equities markets Thursday hit a record high of 26,674.38 points surpassing its previous high of 26,630.74 points it touched Aug 25.
Good buying was observed in oil and gas, capital goods and auto…
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12 Indian firms among Forbes Asia’s Fabulous 50
Washington : A dozen Indian firms figure in this year's Forbes Asia's Fabulous 50 list of the region's best big publicly traded companies with HDFC Bank making the list more times than any other company.
China boasts the most companies on…
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Vibrant Gujarat summit to host seven partner countries
New Delhi : Gujarat Chief Minister Anandiben Patel Wednesday called upon India Inc to participate in the bi-annual investment summit 'Vibrant Gujarat' 2015, which is being partnered by seven countries.
"The seventh 'Vibrant Gujarat'…
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Inflation subdued as New Zealand’s economic recovery slows
Wellington : New Zealand's economic recovery has peaked and the pace of growth is slowing, suggesting the central bank might hold interest rates for at least the next year, according to the quarterly forecast of an independent economic…
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Chinese hydropower firm to invest in nuclear sector
Beijing : China Three Gorges Corporation (CTGC), the country's largest hydropower provider, will enter the nuclear power sector following an agreement with China National Nuclear Corporation, according to a company statement.
Under the…
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Rupee down 4 paise against dollar in opening trade
Mumbai : The rupee depreciated by four paise to 60.47 against the US currency in opening trade today at the Interbank Foreign Exchange market due to dollar's gains against other currencies overseas.
Forex dealers said besides…
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Sensex up 126 points; auto stocks surge
Mumbai : A benchmark index of Indian equities markets Wednesday was trading 126.41 points or 0.48 percent up as auto stocks surged.
All the sectors were trading in green and the rally was led by auto, consumer durables, capital goods and…
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Hyderbad Metro cost to escalate due to re-alignment
Hyderabad : L&T Metro Rail Hyderabad Limited (LTMRHL) will complete the study within a month for realignment on two corridors as suggested by Telangana government.
N.V.S. Reddy, managing director, Hyderabad Metro Rail Limited (HMRL)…
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