Modi meets Iran President Hassan Rouhani
Prime Minister Narendra Modi on Thursday met Iranian President Hassan Rouhani in their first meeting amid hopes of an international deal on Tehran’s nuclear programme being hammered out that would raise India’s imports of Iranian oil. Modi, who met with Russian President Vladimir Putin... read more »
Rupee at 63.53 against US dollar
The benchmark BSE Sensex recovered over 110 points in early trade today after retreating for two straight sessions, on value buying by participants in select blue chip stocks amid rebound in Chinese stocks. Besides, optimistic buying activity ahead of the release of first quarter earnings by... read more »
nearly 2500 more cars sold this June
Domestic passenger car sales rose 1.53 per cent to 1,62,677 units in June from 1,60,232 units in the year-ago month. Motorcycle sales last month rose marginally to 8,77,696 units from 8,77,289 units a year earlier, according to data released by the Society of Indian Automobile Manufacturers... read more »
Alcoa earnings inch up despite lower aluminum prices
The company said last night that net income for the quarter ending June 30 was $140m, up from $138m the same time last year. Sales for the three month period rose 1% to $5.90 billion. Alcoa cited higher profits from its global rolled products business, which provides sheet and plates for the... read more »
Villagers kill panther that attacked two youth in Rajasthan
Villagers in Rajasthan killed a panther that entered the village and attacked two youth. The panther which ventured into a village of Ajmer city was chased down and beaten to death by the... read more »
Yasin Bhatkal may have pulled a prank on us with phone-call to wife
Yasin Bhatkal, former head of dreaded terror outfit Indian Mujahideen, has succeeded in dropping a bombshell from the confines of the four walls of high-security prison at Cherlapally in... read more »
Govt to sell stake in Oil India, NTPC, 3 other PSUs
The government will sell a minority stake in the nation’s biggest power producer NTPC, as well as in Oil India Ltd and three other PSUs as part of its disinvestment drive. The... read more »
India is now a $2-trillion economy
India’s GDP crossed the $2-trillion mark in 2014, according to data released by the World Bank in Washington late on Wednesday. After taking 60 years to reach the $1-trillion mark, India... read more »
DBS India posts Rs 275-cr loss in FY15 on provisioning
Singapore-based DBS Bank has posted a loss of Rs 275 crore in FY15. This is the first time the bank has incurred a loss in its India business since it set up its first branch in India in 1995. This... read more »
