The company's Rs 54,000-crore (Rs 54-billion) steel project in Orissa had run into trouble with the ministry over alleged violation of environment norms.
The Indian services sector activity fell to a six-month low in September, as new business inflows rose at the slowest rates since March, amid inflationary pressures and competitive conditions, a monthly survey said. The seasonally adjusted S&P Global India Services PMI Business Activity Index fell to 54.3 in September, from 57.2 in August, highlighting the weakest rate of expansion since March. For the fourteenth straight month, the services sector witnessed an expansion in output. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
India's services sector activity witnessed a sharp upturn in August on the back of stronger gains in new business, ongoing improvements in demand conditions and job creation, a monthly survey said on Monday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from July's four-month low of 55.5 to 57.2 in August, amid a quicker upturn in business activity and the sharpest rise in employment for over 14 years. For the thirteenth straight month, the services sector witnessed an expansion in output.
The country's largest lender, State Bank of India, has chalked out strategies to grow aggressively in overseas markets, especially Singapore, in this fiscal, a top SBI official said.
'The Bharat Jodo Yatra successfully resurrected the Rahul Gandhi brand.' 'There's a critical mass that has built up for the Congress and Mr Modi is feeling the heat on the Adani issue, the raids on the BBC offices, the Opposition getting together.'
International investors are encouraged by the Indian government's recent economic policy announcements, including that on opening the retail sector to foreign direct investment (FDI). However, they would track how these measures were implemented, said speakers at the annual India Investment Forum in New York.
Indian tourists are increasingly settling for other destinations such as Southeast Asian countries, Australia, and New Zealand.
'Vote banks will change affiliations and the BJP will come out with good success in Kerala.'
Clock 11% growth in the first 11 months of 2022.
It will be a battle of youngsters with the likes of Nitish Rana, Hardik Pandya on one side and the new star in the horizon Afghanistan leg-spinner Rashid Khan with his variations on the other side.
Bajaj Finance was the top gainer in the Sensex pack, rising around 11 per cent, followed by Titan, Tata Steel, SBI, M&M, HDFC, IndusInd Bank and Reliance Industries. On the other hand, Sun Pharma, Nestle India and UltraTech Cement were among the laggards.
Orissa is truly shining. Its new found status as an investment destination has seen a significant increase in the customer base for various luxury products.
India will eye another dominant performance against hosts England in a three- match ODI series
Encouraged by the turnout in Kolkata, other Indian venues are now ready to host day-night Tests, Ganguly said.
Bankers are confident that unlike the last time, there would not be significant erosion in asset quality, since their expansion strategies are backed by rich information on borrowers' credit histories.
Jaitley said a very large number of reforms have taken place over the last few years and that has helped in restoring the credibility of the Indian economy
Fernando Alonso did his best to put a positive spin on his disappointing return to Renault at the Australian Grand Prix on Saturday. He qualified 12th fastest for Sunday's season-opening race but will start from 11th after Toyota's Timo Glock dropped back five places for changing a gearbox.
Tata Steel was the top gainer in the Sensex pack, spurting around 4 per cent, followed by Titan, Bajaj Finance, Nestle India and Tech Mahindra. NSE Nifty surged 143 points to 18,268.40.
'There are many options before opposition parties and this nation has a wealth of leadership.'
Winning the gold at the World Championships in August and breaching the magical 90m mark are Neeraj Chopra's targets this year.
There are a lot many gems he produced long before Naatu Naatu became a worldwide Oscar-nominated (and winning in all likelihood) sensation.
Inflation has seen some moderation in the recent past, falling from double-digit figures in 2013 to 7.8 per cent year-on-year in August.
Equity investors became richer by over Rs 5.77 lakh crore on Tuesday, helped by a rally in the broader market where the BSE benchmark jumped nearly 2 per cent. The BSE Sensex zoomed 934.23 points or 1.81 per cent to settle at 52,532.07. Driven by the rally in equities, the market capitalisation of BSE-listed firms jumped by Rs 5,77,006.83 crore to stand at Rs 2,40,63,930.50 crore. "Absence of fresh selling triggers in the domestic and global economy along with falling commodity prices relieved the heavily discounted equity market to showcase recovery.
India might have been knocked out of the Junior Asia Cup but the senior side's Australian coach Michael Nobbs is not overtly dismayed as he feels the youngsters showed enough potential for long-term interests such as the Junior World Cup next year.
The Reserve Bank of India said that the ongoing momentum in economic growth is likely to remain robust in the rest of 2006-07 along with expectation of lower increase in selling prices, exports and imports.
Images from India's training session in preparation for Thursday's match against the West Indies.
A good number of seniors today are independent, financially stable.
Chief financial officers in the country are cautiously optimistic about the future and are neutral about their companies' performance in the short term, said the Deloitte India CFO Survey 2013.
IndusInd Bank was the top gainer in the Sensex pack, soaring over 7 per cent, followed by Bharti Airtel, HCL Tech, Tata Steel, Tech Mahindra and Dr Reddy's.
Having recovered from his finger injury, star India batter Suryakumar Yadav has joined the Mumbai Indians ahead of their second IPL game against Rajasthan Royals, the five-time champions said on Thursday.
India lost their T20 World Cup opener to Pakistan because their players were under pressure even before the toss, Pakistan's most capped player Inzamam-ul-Haq has said.
On a high after sealing the series with comprehensive victories, an upbeat India will be aiming to complete a 3-0 rout in order to retain it's No 1 Test ranking, when they meet a listless West Indies in the final Test match of the series in Port of Spain on Thursday. Having already taken an unassailable 2-0 lead in the four-match series after their crushing 237-run win in the third Test, Virat Kohli and his men will be aiming to go for the kill and keep their top ranking in Test. India were reinstated as the No.1 Test side after Australia 0-3 whitewash at the hands of Sri Lanka.
Riding high after an emphatic victory against Kings XI Punjab, a rejuvenated Delhi Daredevils will aim at posing a serious challenge to a formidable Royal Challengers Bangalore when the two teams square off in an Indian Premier League (IPL) encounter in Bengaluru on Sunday.
Bracing up for the upcoming Test series against India, South Africa batsman Aiden Markram acknowledges that some of his teammates "might still be carrying a bit of baggage" of the 0-3 drubbing they endured in 2015 in the country.
TCS was the top gainer in the Sensex pack, rising over 1 per cent, followed by Infosys, Reliance Industries, HUL, Nestle India and ITC. NSE Nifty ended 10.05 points higher at its new closing record of 16,634.65.
'Extremely grateful for the year I have had. A World Cup victory would have been nice but as a team, throughout the year, whether red ball or white ball cricket, the team came together really well'
According to an Assocham survey, the industry expects the Obama-Modi personal chemistry to be a high point of the forthcoming visit
Australian pace spearhead Pat Cummins believes if hosting the ICC T20 World Cup amidst raging COVID-19 pandemic is a drain on Indian resources or is 'unsafe', it would be prudent to shift the event to the United Arab Emirates.
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