Strong refining and petrochemical margins seen boosting consolidated net by up to 6%
The April-June quarter GDP slipped to 7 per cent from 7.5 per cent.
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The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
US President Barack Obama on Monday announced investments and loans worth $4 billion by American agencies as part of measures to bolster trade with India.
Elaborating on America and India's scope of engagement, Kerry said he has seen first-hand the transformation in Indo-US relationship as well as the ups and downs in the relationship. Kerry says the world's oldest and largest democracy were "finally beginning to captalise on our connections to each other." Sheela Bhatt/Rediff.com reports after the media interaction with the US secretary of state.
"We want to trade even more," US President Barack Obama said on Sunday as the two-way commerce between America and India touched a record $100 billion.
'Modi's recent decisions to improve India-China relations, adjust India's neighbourhood policies and to rebalance India's ties with the major powers are linked to his political agenda.' 'Of course, the good part is that this agenda is also in the national interest,' says Ambassador M K Bhadrakumar.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
'Going ahead, I think the world trade will slow down or decline, and this will be bad for everybody.'
'Mucor is an environmental fungus, and it's much more prevalent in hot and humid areas.' 'The amount of fungus in the air is much higher in India than some other parts of the world.'
Bank of America Merrill Lynch and JP Morgan are bankers for the bonds
Microsoft Corporation on Tuesday announced that its Board of Directors has appointed Satya Nadella as Chief Executive Officer and member of the Board of Directors effective immediately.
Global growth expectations have slumped to a five-month low.
Debate on, as part of wider plan to have products & platforms business as another unit.
He also accused Pakistan of wanting to destabilise and weaken India through terrorism.
We look back at the most 'whoa' red carpet appearances of 2014. YOU get to vote for the most outrageous one!
The Budget has changed the rules for Indian citizens and persons of Indian origin visiting India. Instead of 182 days, the number of days has been reduced to 120. You will be treated as a resident of India for tax purposes if you stay in the country for more than 120 days in a financial year and 365 days in the past four years. One consequence of the change will be that people of Indian origin who reside outside India will be able to spend a smaller number of days in the country if they wish to keep their non-resident status intact, points out Sanjay Kumar Singh.
Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.
Under pressure from shareholders, Citigroup is planning to shed thousands of jobs and focus outside North America for growth, according to a report on the website of New York Times.
There's need to address growth, but weak rupee putting pressure on prices.
Rahul said PM visits US and China 'using' the aircraft of his wealthy 'friends'.
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
Defensive errors were again a common occurrence in the Arsenal backline, but Fiorentina failed to take advantage.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
'Indian and Iranian sources both confirmed to me that India and Iran are moving ahead to implement a payment system on buying oil from Iran and hope to finalise it very soon,' says Aveek Sen.
Ruias to sell Essar Steel stake to strategic partners.
BMO Financial Group, a leading financial service provider in North America, has selected i-flex's Reveleus Basel II solution to accelerate its Basel II compliance efforts.
The government on May 17 formed a five-member committee.
Slowing growth, stronger rupee and higher local hiring to pull firms down this financial year
During the meeting with Acting Deputy US Trade Representative Wendy Cutler on Wednesday,
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
'We do not want people who are air dropped and who fly out once the job is done.' 'Ever since liberalisation started, we keep on hearing that it's going to be jobless growth.' 'This speaks of the failure of the foreign returned policy makers.' 'When questions are raised, answers should be given and not a resignation.'
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
She will replace Ben Bernanke as the Chair of the Federal Reserve.
The American brokerage firm said it expects the rate cut to happen only in December if the monsoons normalise to cool down inflation or early 2015 in case prices rise prolongs.
