Infosys to open First Overseas campus in China May 16, 2015 18:35
As India pressed China to open its markets for Indian IT firms, Indian companies on the other hand also shown interest in China Market. As a move towards it, ICICI bank has opened first branch…
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India’s demand of gold increasing significantly May 14, 2015 18:24
India's gold demand has increased by 22% in the last quarter of the financial year 2014 - 15 to 150.8 tonnes. This is along with a 6% fall in investment-related gold demand, which is at…
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BMW to release 15 new models this year in India May 07, 2015 19:34
BMW is expecting to remain the number one premium car manufacturer in the world at the end of 2015, despite significant gains made by German rivals, particularly Audi.This, according to BMW Chairman Dr Norbert Reithofer,…
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Act against bank frauds worth Rs 17,500 crore, RBI chief Rajan April 24, 2015 10:55
RBI chief Raghuram Rajan has written to the prime minister’s office seeking “concerted” action in the country’s 10 biggest bank frauds allegedly involving prominent real estate, media and diamond firms that are being probed by…
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BSNL offers free night calls from its landlines April 23, 2015 17:24
For boosting landline business, BSNL has announced unlimited free calling scheme during night hours from its fixed line phones to any operator including mobile phones anywhere in the country from May 1. The scheme will…
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Indian economy strong to face external shocks April 23, 2015 12:37
Rating agency Moody's said emerging economies in Asia Pacific region, including India, have a high degree of immunity to external shocks, but will face challenges when the US Federal Reserve begins raising interest rates. "A…
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SEBI to take strict actions on Ponzi schemes April 22, 2015 11:24
SEBI has transferred its 20 senior officers from Mumbai to Kolkata in a bid to investigate the illegal collective investment schemes more effectively in the State. West Bengal is known as a major hub of…
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Government takes responsibility of LPG subsidy payments April 21, 2015 17:46
In a big boost to domestic oil and gas exploration, the government has decided to exempt state-owned ONGC and Oil India from paying for LPG subsidies, Oil Secretary Saurabh Chandra said today. "Government will fully…
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Gold sales expecting 25 to 30% increase on Akshaya Tritiya April 21, 2015 13:06
Indian jewelers are banking on what’s considered one of the most auspicious days for gold buying to spur demand in the world’s biggest bullion consumer. Sales on Akshaya Tritiya, viewed by the country’s more than…
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Indian banks pushing credit cards and personal loans, using blanket advertising, cold call campaigns April 20, 2015 12:44
Hoping to offset a slow recovery in corporate lending, Indian banks are pushing into credit cards and personal loans, using blanket advertising, cold call campaigns and even sending employees to malls to lure customers. Given…
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Taxpayers to disclose bank accounts, foreign travel to Income Tax dept April 18, 2015 16:36
The government notified new forms on Friday that will require the taxpayer to give details of foreign trips, bank accounts, passport and Aadhaar number while filing returns.The new forms, which run into 14 pages, will…
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Petrol prices slashes by 80 paise/litre and diesel by 1.30 paise/litre April 15, 2015 19:12
Petrol prices were on Wednesday cut by 80 paise a litre and diesel by Rs 1.30 per litre, the second reduction in rates this month on softening of international oil rates.The reduction will be effective…
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