Fire-fighters went on alert as the mercury crept towards an expected maximum of 44 degrees Celsius (111 F), the highest since Black Saturday bushfires in 2009 that killed about 180 people in the southeastern state of Victoria.
This optimism is triggered by the feel-good factor in the wake of the Sensex touching record-high levels last week and a slew of discount offers by airlines to boost travel demand.
Lower crude prices mean less government outlay for India,
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
A Collection of Services Trade Statistics Act is being thought of.
To attract bidders, the government had decided to hive of around Rs 35,000 crore of the company's debt into a separate subsidiary, leaving around Rs 23,286 crore to be absorbed by the new bidder.
The agreement was signed on Tuesday at state's Isaac Regional Council meeting.
World Bank along with economic think-tank National Institute for Public Finance and Policy have strongly pitched for making finance commission a permanent body like planning commission, although government has some reservations on it.
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As returns decline, with extent and time horizon uncertain, some of these investors look to shift to safer zones
Qatar is the world's richest country in terms of per capita income.
Investors with stalled projects and mounting bad debt will refinance their loans.
First, there has been a significant softening in commodity prices - most notably oil.
India is failing to take advantage of its important ally, Japan as much as it should, notes Mihir S Sharma.
There has been an increase of $17 trillion in total debt in China.
Shankar Acharya gives ten predictions on key politico-economic developments in the world and ten for India.
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
Just outside the Oval, a combination of Indian origin fans gathered to honour their heroes. There was a combination of Indian style dances and Bollywood music played on the stage as the crowd waited for the team to arrive.
Global disinflation has finally caught up with India's high-cost economy.
Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.
India Inc has few leaders who are likely to grab headlines in 2015.
How could India@75 improve law and order, courts, social, physical and soft infrastructure, efficient cities, e-governance, ease of doing business and other essential state functions by 2022, asks Shailesh Pathak.
'Chinese dominance reduces India's influence in South and Southeast Asia and erodes its status globally.' 'For a country striving to create a multipolar Asia, it would be a serious setback,' says Brigadier S K Chatterji (retd).
Elaborating on this theme, Petroleum Minister Dharmendra Pradhan pointed out that if the power sector had not been opened up through reforms initiated in 2003, India would still have been in darkness.
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
Amid imminent phasing out of the fiscal stimulus by US Federal Reserve, Prime Minister Manmohan Singh on Wednesday called for an "orderly exit" from unconventional monetary policies being pursued by the developed world for the last few years to avoid damaging growth prospects of the developing world.
Williams defended their young and inexperienced Formula One drivers
The majority of global equity trading and a significant proportion of trading in bonds, currencies, commodities and derivatives, is done on electronic platforms
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
Check if you are eligible. Keep documents ready. Plan in advance to avoid last-minute delays.
There are some advantages of a falling rupee.
The agricultural supply system has to be able to respond to this increasing demand, which it is not able to do.
No country has achieved a faster, deeper modern transformation than China, says former ambassador Kishan S Rana.
The 14 grounds that will host matches during the February 14 - March 29 tournament in Australia and New Zealand.
Asian stocks sagged on Monday, with risk sentiment dampened as Shanghai shares wobbled after the Chinese markets resumed trading following a four-day long weekend.
In the near term, two key factors are the outcome of the monsoon season in respect to cropping yields; and the correction in the crude oil price.
The author meets the brains behind Unocoin, the first Indian Bitcoin exchange and merchant processor in India to have raised international funding.
The agreement on sharing of financial information is a distinct and welcome break from its trend.
Hinduja brothers have been ranked as Britain's richest Asians in 2014 with a total worth of 13.5 billion pounds, an increase of one billion pounds over the previous year.
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