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.
'What does the nation get out of the CBI's fabulous infrastructure? Very little that is useful.'
Neemuchwala will be a big asset when it comes to setting things right.
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.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
Gold discounts in India, the world's second-biggest consumer, widened this week as dealers struggled to offload stocks amid sluggish demand.
She will replace Ben Bernanke as the Chair of the Federal Reserve.
According to the global financial services major, the Consumer Price Index based inflation is peaking off and is expected to be around 7.5-8 per cent in September.
'Once you resume economic activities, life will be normal.' 'The younger people will tolerate the virus very well. So, life will become normal very soon.'
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.
'Every person has two identities in India, that of his caste and nation.' 'It is understandable in a multi-caste, multi-religious society and I don't mind this.' 'What I mind is the State has failed in doing enough to melt these two identities in such a way that everybody has access to citizenship which is more important than your caste.' 'That is why people remain in the narrow identities of his caste or religion.'
'Information highways are getting stronger and being strengthened.' 'Occasionally, accidents could occur. But do you stop constructing highways because two motor cars collide?'
Analysts are expecting inflation to fall further in October and November on base effect. Inflation measured by consumer prices has been trending down for over four months, and came in at 6.7 per cent in September.
Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.
India accounted for a meagre 5.1 per cent of merger and acquisition (M&A) deals among emerging countries in the first nine months this year, the lowest in the BRIC (Brazil, Russia, India and China) nations.
The winter session of Parliament will commence on November 26.
Mop-up misses target as big FIIs skip issue.
The BSE Midcap and Smallcap indices have performed better than the front-liners
The one common theme across companies that have rewarded shareholders is consumption.
Escalating the attack on Prime Minister Narendra Modi over demonetisation, Rahul Gandhi on Saturday accused him of dividing the country between the rich and the poor and dubbed the move as "firebombing" on cash economy and farmers and labourers.
Oil fell below $59 a barrel for the first time since May 2009 on Tuesday, extending a six-month selloff as slowing Chinese factory activity and weakening emerging-market currencies added to concerns about demand.
The French IT services company had said it would buy IGATE for $ 4 billion in an all-cash deal.
On Friday, the euro weakened to a near 14-month-low against the dollar, after the European Central Bank announced a fresh round of stimulus and promised more if required.
Krishan Dhawan has taken over as the managing director of Oracle India Pvt Ltd, a wholly owned subsidiary of enterprise software company.
Foreign brokerage Bank of America Merrill Lynch (BofAML) on Friday said a "dovish" Reserve Bank will slash key interest rates by 0.25 per cent at the February review meet and will do cuts of 0.75 per cent in 2015.
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
Prime Minister Narendra Modi is not taking along an industry delegation to the US but top representatives of India Inc are likely to travel to New York and Washington to be part of the power-packed business meetings and receptions being hosted for him.
Rahul claimed that while the Congress was asking its leaders to tour the districts, Modi was encouraging his ministers to tour 'at least two countries' each.
May touch 64/$ due to foreign flows slowing down
Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.
Prices of perishable items could spike in the near term.
In the past two weeks China has cut interest rates.
'What does Bhagwat think his militia will do once it is at the border?' 'What does Bhagwat imagine his Sangh followers will do that will protect Mother India?' asks Aakar Patel.
The BRICS model will need to demonstrate the efficacy of a second alternative governance structure to reform the Bretton Woods legacy.
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