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Why Finance Minister Jaitley disappointed Defence Minister Jaitley

The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to......

ADB to increase India lending by 50% to $12 bn by 2018

ADB pegs India's GDP growth at 7.8 per cent in FY 2015-16 Asian Development Bank proposes to increase lending to India by almost 50 per cent to $12 billion by 2018, ADB President Takehiko Nakao......

RBI's forecasters peg FY'16 growth at 7.9%

A survey sponsored by RBI has projected the economic growth rate at 7.9 per cent for the current fiscal, up from 7.5 per cent in 2014-15. "In 2015-16, Gross Value Added at basic price (GVA) is......

PSU banks account for over 90% of total bad loans in FY'14

Public sector banks accounted for over 90 per cent of total non-performing assets (NPAs) that the banking sector registered in 2013-14. Of Rs 2.40 lakh crore (Rs 2.40 trillion) gross NPAs reported......

RBI's profit falls 14.75% in FY14

The Reserve Bank on Thursday said its surplus (profit) for the FY'14 fiscal declined 14.75 per cent to Rs 52,679 crore (Rs 526.79 billion) as its interest income from investments in foreign......

Air India shows operational, financial improvement in FY'14

State-owned Air India has shown improvement both in terms of operational as well as financial parameters in 2013-14 over the previous fiscal, the government said in Parliament on Tuesday.......
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  Web results for Fy 12
FIIs continue to cut holdings in public sector banks

Barring the occasional spike, holdings in 10 banks analysed have mostly been on the decline since Q1 FY15 Ami ShahRavindra Sonavane The... ...
Pharma stocks set to pip Nifty for fifth year on drug approvals

Shares of pharmaceutical companies are poised to outperform benchmark indices for the fifth consecutive calendar year, driven by a pick-up in... ...
Prudhoe Bay, Alaska

After starting in Barrow , the northernmost settlement in the United States, our second stop takes us 200 miles (320 km) south east to Prudhoe Bay,... ...
Volkswagen recalls 389 units of Polo model in India

MUMBAI: Volkswagen on Thursday said that 389 Polo hatchbacks have been recalled for inspection and preventive repair for a probable faulty... ...
Technology ushering in a new era in education

A few years back, a campaign by Idea Cellular themed Education for All had created a positive buzz. The advertisement featured Abhishek Bachchan as... ...

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