Reliance Industries will sell 20 per cent stake in its oil and chemicals business to Saudi oil giant Aramco for about $ 15 billion and nearly half of its fuel retail business to BP of UK for Rs 7,000 crore. Aramco, the world's biggest crude exporter, will also supply Reliance's twin-refineries at Jamnagar in Gujarat with 7,00,000 barrels of oil a day on a long-term basis, Ambani said.
The rise of the mall in India, at a time when many in the United States are becoming debt-ridden white elephants.
The party, in a resolution adopted at its 84th plenary session, accused the National Democratic Alliance government of pursuing a foreign policy "bereft of focus and direction".
There is uncertainty in most investors' minds as to whether China is transitioning to a new growth model or simply collapsing.
Most consumers are going for token buying of lesser value and are waiting for price correction for purchase of wedding jewellery.
Shanghai's benchmark share index plunged below 4,000 points for the first time since April
Brent hit a session high of $114.69 a barrel, its loftiest since September last year.
Moody's said India's current account deficit (CAD) has narrowed significantly from 4.8 per cent in 2012 to 1.4 per cent in 2014.
The government will unveil the Consumer Price Index data and the Wholesale Price Index data for August on Monday.
Indian economy is expected to improve marginally in the current financial year with its GDP at market price projected to expand by 3.4 per cent from 3.3 per cent in the previous fiscal, think tank OECD said.
The ministry sought to allay the rating agency's concerns and said economic growth was on an upward swing.
The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system
The council is looking at the youth as a segment in the global market and has started the LoveGold on the social media (Facebook and Twitter).
The BSE Sensex was among the world's best performers in 2014, rising almost 30 per cent after Prime Minister Narendra Modi took office on promises of reforms to boost growth
Indian economy is doing well and the performance of domestic stock markets is not as bad as that of other nations.
At a time when the whole world is going ga-ga over stocks and debt is too easy to borrow, do not forget gold, says Anil Rego.
At present there is virtually no dialog between votaries of different various versions of economic democracy.
US budget deficit to come down to $583 billion in 2014
Modi asked bureaucrats to imagine whether or not their life has become "robotic". "If it has happened than this impacts the whole government and system. We can't be robotic. That can't be our life," the prime minister said during an hour-long interaction with civil servants at the 9th Civil Services Day function at Vigyan Bhawan.
India Ratings has in its latest report has maintained a bearish outlook for gold prices for the current financial year.
Gold is currently trading at Rs 25,200 for 10 grams.
Nearly half of the 20 indexes polled globally are now expected to end the year lower than where they started
According to HSBC, India's current account deficit is expected to narrow from 1.1 per cent of GDP in 2014 to 0.6 per cent in 2015.
India has a long way to go to catch up with Thailand let alone the US.
Entrepreneurship, education and training will be provided in 2,200 colleges, 300 schools, 500 government ITIs and 50 vocational training centres through massive open online courses.
While good news from several quarters has been trickling in, El Nino might be a dampener, says T N Ninan.
India's real GDP growth is set to exceed 7 per cent for CY-2015.
There are various projections about India's growth.
The Nifty has gained 2.6% so far this week, while the Sensex has climbed 2.85%
Many officials had been talking of taking the baton of global growth.
Imports in 2016 expected to be lowest in 7 years but experts don't rule out a revival in demand if the yellow metal's price falls
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
June quarter showed revival over previous one, says study; Mumbai-Pune and Bangalore lead the way
'That the two sides allowed such a situation to arise exposed the level of inaction and inefficiency in China-India border management.' 'The Modi-Xi meeting in Xiamen initiated a process to to avert such contingencies in the future.'
The appointment of Yogi Adityanath as UP CM, the revival of the Ram Temple movement, the elevation of a ban on cow slaughter as a national priority, and the targeting of any social behaviour deemed contrary to a set of narrowly prescribed Indian values point to a social regression that contradicts the inclusive and forward-looking impulse that underlies Modi's vision of a modern India.
China posted the sharpest increase in output for 15 months, while India saw the steepest expansion since February 2013.
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
'Notwithstanding the physical distance, the two countries historically had a convergence of approach and outlook to many international issues.' 'The relationship between the two countries cannot develop or flourish in a vacuum. There should be initiatives at various levels -- at the level of government, Parliament and the people.'
Gold is often considered a 'hedge' against an economic uncertainty.
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