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‘New packaging practice helped in ...

‘New packaging practice helped in lifting of EU ban on mango’

The European Union’s decision to lift ban on mango imports from India is a recognition of inspection process and new packaging practice now adopted by exporters, industry body FIEO said. “The new procedure requiring export of mangoes only through pack houses certified by APEDA under the... read more »

India’s growth rate to surpass Chi...

India’s growth rate to surpass China’s in 2016: IMF

WASHINGTON: India is expected to grow at 6.3 per cent this year and 6.5 per cent in 2016 by when it is likely to cross China’s projected growth rate, the IMF said on Tuesday while terming the new government’s reforms as “promising” but insisted that their implementation is... read more »

Nifty hits record high; HDFC & Axis ...

Nifty hits record high; HDFC & Axis Bank up 3-4%, GAIL dips

The Nifty touched record high at 8628 today, up 68.55 points or 0.80 percent at 8619.25 while the Sensex rose 249.88 points or 0.88 percent to 28511.89. About 1557 shares have advanced, 1142 shares declined, and 300 shares are unchanged on the Bombay Stock Exchange. Indiabulls Housing shares in... read more »

Air traffic rises 15% in December, Spice...

Air traffic rises 15% in December, SpiceJet registers highest percentage of...

New Delhi: Domestic air passenger traffic increased by 15.29 percent in December to 64.40 lakh passengers — up from 55.86 lakh in the corresponding month last year, official data showed.According to data from the civil aviation ministry, passengers carried in 2014 rose 9.70 percent and stood... read more »

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SoftBank’s latest India pick: 30% stake in Housing.com for Rs 430 cr

After diverse investments in the Indian startup space ranging from online e-tailer Snapdeal to cab service OlaCabs, SoftBank has now reportedly found a new Indian startup to invest in:... read more »

Infosys BPO removes CFO Abraham Mathews for violating code of conduct

IT major Infosys on Tuesday showed the door to Abraham Mathews, CFO of its BPO subsidiary, for not complying with the code of conduct, while CEO Gautam Thakkar has resigned taking... read more »

Shell Wins Tax Dispute In Indian Court

The Bombay High Court on Tuesday ruled in favour of the Indian unit of Royal Dutch Shell Plc in a multi-million dollar tax dispute, the latest verdict against the tax department that has... read more »

With gold prices falling, jewellers increase inventory levels

Trying to tap the falling gold prices, lakhs of jewellers across the country are increasing their inventory levels. Around 225 tonne of gold was imported in India in the last two months... read more »

Nikkei sees biggest drop in three months as recession news hits

Tokyo: Tokyo stocks suffered their biggest one-day slump since August on Monday after Japan`s economy unexpectedly slipped into recession, prompting investors to book profits from recent... read more »