The broader markets ended in line with the benchmark indices- BSE Midcap and Smallcap indices ended higher by 1.3% and 0.9% each.
Analysts were expecting the government to propose higher capital infusion for banks.
Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts
The delivery channel of India Post is being utilised primarily for small towns and cities.
Ministry to propose a new subsidy mechanism to cap upstream firms' share.
The company has identified India as one of the two key markets in South Asia.
The government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.
'I did not always want to be an actor. The initial plan was to become a filmmaker.' Sri gets candid about his movie career.
An influential Hindu organisation in the United States has slammed a group of lawmakers for introducing a resolution in the House of Representatives on record of India's religious freedom arguing that it is grossly inaccurate and aims to provoke.
About 800 people already have paid or put down deposits for rides on SpaceShipTwo, a six-passenger, two-pilot suborbital spaceship owned by Virgin Galactic.
Revenues of Indian companies, excluding those engaged in banking and oil, are expected to grow marginally at 5-6 per cent in the first quarter of this fiscal.
Apart from streamlining loan processing, most public sector banks charge lower interest rate, an aspect which seems to be game changer.
Obama to push for expansion of Foreign Account Tax Compliance Act.
Describing the unprecedented second visit of US President Barack Obama to India as "game changing" the White House has said the Obama-Modi meeting would "elevate the nature of the relationship" between the two largest democracies of the world.
Aziz Haniffa/Rediff.com reports from Washington, DC, on what makes Prime Minister Narendra Modi and US President Barack Obama get along so well.
Amid rupee sliding below 64 to a dollar, global agency Standard & Poor's on Tuesday said it will maintain negative outlook for the country as currency depreciation is adversely impacting investor confidence.
For any proposal to be cleared, it has to get 75% of the vote.
Most analysts expect growth in the sales of Nifty-50 companies to decelerate, albeit marginally, in the quarter ended December compared to the corresponding period of 2013-14, with metals and real estate companies pulling down earnings.
Meet the Shah Rukh Khan you never knew.
The civil aviation ministry appears supportive of SpiceJet because it does not want another airline to fail. The real test now will be the capacity of the airline's chairman, Kalanithi Maran, to raise funds. And he needs to do this quickly.
AirAsia's competitors are offering more reliable services.
In five years, royalty payments have grown 31.1% yearly, much faster than rise in revenue and profit.
With over 200 brands and websites as participants this year, the Google Online Shopping Festival is turning bigger.
Aziz Haniffa, who has covered every Indian Prime Minister's visit to the US since Rajiv Gandhi in 1985, gives us a peek into what's happening in Washington, DC on the eve of the Modi-Trump summit.
'Our goal is to leave this relationship in a fundamentally different place than it was when President Obama took office and when Prime Minister Modi took office and we believe that we have a unique moment of opportunity to have that kind of breakthrough.'
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
Each city would get Rs 100 crore (Rs 1 billion) every year.
As coal stocks at thermal plants fall to critical levels, economic recovery could be hi.
According to Nielsen India online viewership has doubled since 2011.
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To get what it thinks are its dues, its brass have directed; construction, realty, renting of property, personnel supply, security & goods transport among those under lens
According to estimates, if the companies are not allowed to raise petrol rates at least Rs 5 a litre by the first fortnight of September, they might begin to suffer underrecoveries on this decontrolled auto fuel, too -- for the first time this financial year.
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On Wednesday, RBI reduced the cap on individual remittances abroad from $200,000 (about Rs 1.2 crore) to $75,000 (Rs 45 lakh) and also barred individuals from using funds under the scheme to buy immovable properties abroad.
'Some of these companies are India focused, some are overseas focused and some companies are focused on both.' Ritu Jha/Rediff.com reports from California.
Operators developing greenfield airports (built from scratch on undeveloped land) are likely to face increased competition, with the Ministry of Civil Aviation considering tweaking the norms to allow such airports to be developed within 150-km radii of existing ones.
However, worries on inadequate import and issues for the FTA pacts.
Describing the just concluded United States visit of Prime Minister Narendra Modi as extraordinarily successful, the White House has said that his meeting with President Barack Obama has re-energised the strategic relationship between the two largest democracies of the world.
The lawyer for a domestic help employed by Devyani Khobragade on Thursday said it is frustrating and disappointing that the focus in the case has shifted from the crimes that were committed against her client to the Indian diplomat.
The time the companies have to get ready for GST is 6 to 12 months.
Fraud is a big concern among many board members.
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