The April-June quarter GDP slipped to 7 per cent from 7.5 per cent.
The Reserve Bank of India (RBI) will have to take far more pro-active steps to rebuild forex reserves, because if the status quo remains, rupee could touch 75 per US dollar by the end of 2014, Bank of America Merrill Lynch said in a report.
Strong refining and petrochemical margins seen boosting consolidated net by up to 6%
'Going ahead, I think the world trade will slow down or decline, and this will be bad for everybody.'
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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.
"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.
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.
Global growth expectations have slumped to a five-month low.
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.
Debate on, as part of wider plan to have products & platforms business as another unit.
Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.
Defensive errors were again a common occurrence in the Arsenal backline, but Fiorentina failed to take advantage.
We look back at the most 'whoa' red carpet appearances of 2014. YOU get to vote for the most outrageous one!
Rahul said PM visits US and China 'using' the aircraft of his wealthy 'friends'.
'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.
There's need to address growth, but weak rupee putting pressure on prices.
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
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.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
The government on May 17 formed a five-member committee.
Ruias to sell Essar Steel stake to strategic partners.
'Indian diplomacy faltered amidst multiple failures of statecraft.' 'The functionaries responsible must be held to account for their abject failure,' asserts Ambassador M K Bhadrakumar.
Slowing growth, stronger rupee and higher local hiring to pull firms down this financial year
'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.'
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.
'On the drive to the airport, the streets are lined with men in battle camouflage carrying assault rifles and bearing familiar faces -- Tamilians, Bengalis, Punjabis, feared by the locals and in turn fearing them,' notes Aakar Patel during a visit to Srinagar.
During the meeting with Acting Deputy US Trade Representative Wendy Cutler on Wednesday,
'We should give azaadi to Jammu and Ladakh from the domination of Kashmir valley politics,' suggests Colonel Anil A Athale (retd).
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.
"As it is said a man-made disaster, in the same way demonetisation is Modi-made disaster," the Congress vice-president said as he targeted the prime minister squarely blaming him for the hardships post-demonetisation.
