The price difference between branded tea and loose tea has narrowed to a mere 5 per cent, helping the consumer to opt for branded labels. According to Bloomberg, the wholesale price index for tea in India gained 74 basis points from 128.30 in January to 222.50 at end of October this year. As a consequence, tea manufacturers in the wholesale and loose tea business, besides branded tea players, have increased prices.
Mayor Bloomberg shared a breakfast chat with representatives of six major faiths at the Mayor's annual inter-faith meet. Hinduism was represented by Dr Uma Mysorekar of the Hindu Temple Society of North America and six other Krishna devotees.
A drop in value of the rupee against the dollar and other major currencies may hurt Maruti Suzuki, the country's biggest producer of passenger cars, as it is slated to import as much as Rs 2,000 crore (Rs 20 billion) of auto parts in this financial year.
Amidst reports that Donald Trump is gaining ground in key battle states in the US, the Republican presidential nominee on Thursday said that Americans are "ready to discard failed political establishment" that disrespects upon hardworking people.
Strong passenger growth will help domestic airlines improve their top line and margins.
When BJP leaders, including Mr Modi's number two, Amit Shah, use the pandemic to launch an assault on state governments run by opposition parties, or to topple them, they are exploiting a grave crisis in cynical political self-interest, notes Shekhar Gupta.
Jim Rogers, expert financial consultant, predicts a US recession in the near future and advises sound investment in agriculture.
Now, economists are famous for having a wide array of views, with most of them being wrong, but it is difficult not to notice that economists working for companies that will benefit the most from -- and, in some cases, desperately need -- lower interest rates are the ones that are screaming most loudly about how terrible things are and how the US Fed needs to cut, cut, cut rates.
As a first step, the company has sponsored a Bloomberg news terminal at the Indian Institute of Management Ahmedabad.
Indian-origin US presidential aspirant Bobby Jindal is considering skipping the next Republican national debate after he failed to garner a minimum 2.5 per cent support in a recent poll, according to a report.
Musharraf and Bhutto had earlier met on July 27 in Abu Dhabi, capital of the United Arab Emirates, according to the Pakistani government.
Forget sack races and Slip 'n Slide. These days select companies are adding luxe touches to their annual employee outings.
In what is in effect a deposit to be paid into court pending a full trial in the case, Judge David Waksman has set a six-week timeline for Anil to pay $100 million to three Chinese banks as he concluded that he did not accept Ambani's defence that his net worth was nearly zero or that his family would not step in to assist him when "push came to shove".
At present, six A320 Neo of IndiGo & GoAir are grounded waiting for engine replacement
Investors willing to pay premium for only software, banking stocks.
In his departure statement ahead of his week-long visit, Modi referred to Indo-US relations and said working together, the two nations can contribute to building a more peaceful, stable, secure, sustainable and prosperous world.
As volatility continues to plague the emerging markets, India has been the worst performer after Vietnam this year. The US credit crisis and fears of a recession in the world's largest economy is compelling the foreign funds to dump stocks.
The CMD thinks the carrier will be back in the black next fiscal; his colleagues can't understand how.
Twitter has been in talks with India-born Padmasree Warrior among others.
The parent companies, however, performed well on the profitability front, posting 30.93 per cent net profit growth compared to 22.6 per cent by their Indian subsidiaries.
Stellar results compared to TCS led to reversal of valuation discount.
From India's perspective, a decline in the dollar against the major currencies invariably means appreciation for the rupee.
The Alibaba tycoon is all about Love Quotient, not IQ or EQ.
The move is expected to help Nokia expand its presence in the key US market.
The benchmark Indian crude oil basket is now estimated to average $77.88 a barrel for FY19, compared to the government's earlier estimate of $65 a barrel for the year and $56.39 for FY18
Looking to monetise assets not in Reliance Capital's core area of business.
Prime Minister Manmohan Singh will seek more investments from Japanese companies into India during his four-day visit to Japan.
Analysts expect RIL to report consolidated revenue of Rs 1.40 trillion and 10 analysts expect RIL's net income to be Rs 9,629 crore
The exchange has always seen huge volumes in gold trading. But due to a fall in prices, volumes took a hit.
Republican presidential candidate Donald Trump is a fraud, a liar and a hypocrite, top Democratic leaders and speakers at the party's national convention said as they lashed out at the billionaire from New York.
'This is a tragedy that must be stopped.'
The shock and anger that had consumed Bear Stearns' 14,000 employees on Sunday afternoon had, by mid-week, yielded to a sense that the door of opportunity may have just opened.
Polls show that Hillary's contenders are stronger than her.
While Global Warming has been talked about for some years now, most of us haven't taken it seriously.
The electric vehicle market in India needs a policy push that goes beyond targets, says Vandana Gombar.
Modi, who will be addressing the General Debate for the first time in five years, has a packed bilateral and multilateral agenda beginning September 23 till September 27.
The bid by Facebook highlights the company's efforts to accelerate its push into video as it tries to take advertising dollars from television and increase the time people spend on its platform.
In India we have to be careful not to copy any level of dependence on the financial sector and infatuation with the get-rich-quick syndrome, says Jaimini Bhagwati.
Walmart is likely to buy stakes of multiple Flipkart investors, including that of Tiger Global Management and Softbank to end up with a significant majority holding
Find out what's in store this year for everyone from Steve Jobs to Oprah.
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