India's tax officials, long the scourge of foreign investors, are under government pressure to avoid aggressive claims against overseas funds.
iGate Corp, the Nasdaq-listed information technology (IT) services company, on Thursday posted better-than-expected numbers for the quarter ended September 30, backed by impressive performance by some of its key verticals such as banking, financial services & insurance (BFSI), manufacturing and health care.
HDFC and Infosys contribute the most to today's rally.
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Policymakers stepped in late Thursday to calm markets.
BP, which bought a 30 per cent stake in RIL's 21 oil and gas blocks, including KG-D6, for $7.026 billion in 2011, is working with RIL to arrest the output decline in the fields.
Prime Minister Manmohan Singh on Tuesday dedicated GAIL India Ltd's 1,000 km Dabhol-Bangalore natural gas pipeline to the nation.
Converts part of fixed salary component into variable one
All international passengers will henceforth be screened at airports, Health Minister Harsh Vardhan said at a press conference. Earlier, travellers from only 12 countries were screened at airports for the disease that has claimed over 3,000 lives and infected more than 90,000 worldwide.
The behaviour of the foreign institutional investors is gauged from the numbers put out by the exchanges and regulators.
'China could place the currency on a par with global biggies. But it has to wait to be a serious challenger.'
HCL's president & CEO Anant Gupta talked to Business Standard about the demand environment, its in the European market and Roshni Nadar's induction into the company's board of directors.
Modi government expects cargo traffic at its ports to jump by two-thirds by 2021 as India ramps up exports of goods including cars and other machinery.
An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011
Soaring output has left the world awash with cheap crude as supply exceeds demand by 1 million to 2 million barrels per day
Despite a temporary relief, foreign investors still see the sword of double-taxation hanging above their hard earned returns.
More than 3,000 squads under health and local self-government departments have started the process of cleaning houses and public places, official sources said.
After hitting a record low of 68.85 to the dollar last week, a Reuters poll suggests the rupee will stabilise at 66 to the dollar by the end of September, while technical charts also point to a period of relative calm.
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The partially convertible rupee closed at 66.24/25 per dollar after hitting a record low of 66.30, and down 2.9 per cent from its close of 64.30/31 on Monday.
It hopes to attract billions of dollars in investment by this move, and may ease some restrictions on foreign inflows.
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
For the seven months since February 2014, the benchmark index surged nearly 27%.
Percy Mistry says things at market regulator Sebi are also in bad shape.
2016 is difficult to predict, and this uncertainty will drive volatility in global markets.
India plans to launch trading of government bond futures within the next two months as part of efforts to deepen its financial markets, according to several sources involved in the discussions with the central bank.
India's macroeconomic situation has benefited from oil prices' decline.
The government has provided a long-term vision.
Before considering reducing the freedom of private investors in the derivatives market, we need to check if the maladies in markets elsewhere exist in India, says Susan Thomas.
Distress sales, market closures and anchoring of fishing fleets have been reported from West Bengal, Andhra Pradesh, Tamil Nadu and Kerala.
The price of wind power may soon compete with conventional fossil fuels, according to researchers in the United States
ONGC takes Reliance to court, alleging years of stealing from its offshore block and a sleeping govt, right after it was agreed there would be a probe by experts.
Steps taken by the government over the past few months signal a determined effort to reform the subsidy regime.
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