Custodian banks are selling dollars for their foreign fund clients.
Indian-American business leaders meet to discuss ways to make this initiative a success.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
A customer wanting to buy a car would have to wait a long time for delivery.
Govt wants to up investment in Railways
The broader markets also ended lower in line with the benchmark indices
It could also clear stalled projects and review various subsidies on the energy, food and fertiliser fronts.
Conversion of outstandings into equity even partially should be a strict no-no says Chatered Accountant S Murlidharan
The Bill will come up for discussion in the upcoming winter session of the Parliament.
Real estate sector cheers reforms in the Budget.
A glance back at some of the important ups and down Indian Inc faced in 2018.
For the seven months since February 2014, the benchmark index surged nearly 27%.
The 30-share Sensex ended 271 points higher to end at 28,930 and the 50-share Nifty climbed 76 points to close at 8,776.
Non-Performing Assets are a wake-up call for public sector banks.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
India Inc is encouraged by a determined Budget.
Reason behind for the change in his stance: gas price increase.
What will be the impact on the Euro itself? Will it devalue and to what extent?
It is high time to manoeuvre the rupee more effectively and predictably, even as it has to be recognised that such tweaking of the rupee needs to be accompanied by reforms to the real sector and factor markets.
The real estate sector is set to enter a progressive phase in 2015.
Single window clearances for realty must.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
'One lesson to emerge out of the Modi-Putin summit is that India can be more self-confident that it possesses inherent strengths to leverage its interlocutors to influence Pakistani policies,' says Ambassador M K Bhadrakumar.
Growth in India will pick up from current levels, says LEO Puri, managing mirector, UTI Asset Management Company.
The UPA Government is trying to push through the second wave of airport privatisation before the elections and the controversial elements of this process threaten to harm the sector.
'Will people who buy iPhones stop buying iPhones to help swadeshi models?' 'There should be some advantage for the consumer to make them buy a Made in India product.' 'Patriotism and nationalism are good words, but in business, it won't work.'
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
Eminent business journalist and author Tamal Bandyopadhyay discussed Budget with rediff.com readers on Tuesday.
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
An excerpt from Conde Nast India's Make In India magazine.
Assessing the shape of the Indian economy just a couple of days ahead of the Union Budget for 2016-17, Saugata Bhatacharya, senior vice president and chief economist, Axis Bank, speaks about his budget wishlist and suggests measures that can help finance minister Arun Jaitley achieve the targeted fiscal deficit of 3.5 per cent of India's gross domestic product.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
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