Thursday, January 16, 2025

Archive for November, 2015

India outpaces China: Economy to improve further | Q2 GDP growth@7.4%

Monday, November 30, 2015 15:43

NEW DELHI: Finance Minister Arun Jaitley today said GDP in the current fiscal will be better than the 7.3 per cent growth rate recorded in the last financial year and improve further in subsequent years. He said manufacturing sector recorded a "significant" growth of 9.3 per cent in the ...

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US STOCKS SNAPSHOT-Wall St eases as consumer, healthcare stocks lag

Monday, November 30, 2015 15:40

NEW YORK, Nov 30 (Reuters) - U.S. stocks slipped on Mondayalong with declines in health and consumer shares and asinvestors braced for policy news from central banks. The Dow Jones industrial average fell 73.29 points,or 0.41 percent, to 17

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HWL Final: India lose 1-3 to mighty Netherlands

Monday, November 30, 2015 15:37

Netherlands took the lead in the 36th minute through a penalty corner conversion by Mink van der Weerden before Mirco Pruijser (43rd) and Roel Bovendeert (54th) scored two field goals. India's lone goal came from the stick of Chinglensana in the 47th minute.

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SastaSundar to pump Rs 130 crore aims to break even in 2017-18

Monday, November 30, 2015 15:33

KOLKATA: Online pharmacy major SastaSundar, a subsidiary of public-traded Microsec Financial Services Ltd, is planning to invest Rs 130 crore to expand its operation and is aiming to break even in 2017-18. "We have already turned into the largest online pharmacy servicing about 3,000 orders per day. We hope ...

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To start diesel locomotive factory by late 2018: GE

To start diesel locomotive factory by late 2018: GE

Monday, November 30, 2015 15:30

This deal is going to be the single largest foreign direct investment (FDI) under the ‘Make in India’ campaign till date and is expected to generate approximately Rs 1500 crore worth of annual revenue for ...

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‘Government has received Rs 1.13-lakh crore electronic manufacturing proposals’

Monday, November 30, 2015 15:25

NEW DELHI: The government today said it has received proposals worth Rs 1.13 lakh crore in the electronics manufacturing segment from major brands under the modified special incentive package scheme (M-SIPS). "So far, M-SIPS, DeitY, has received 156 proposals with investment of over Rs 1 lakh 13 thousand crore. ...

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In Paris, Modi, Obama agree growth, climate protection must go ‘hand in hand’

Monday, November 30, 2015 15:21

Prime Minister Narendra Modi held a bilateral meeting with US President Barack Obama on the sidelines of the Conference of Parties (CoP) 21 climate summit that started in Paris on Monday. While Modi pledged to ensure development would be coupled with environmental protection, Obama said India had to be able ...

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Wall Street flat, set to end the month higher

Monday, November 30, 2015 15:18

Wall Street opened little changed but looked set to end the month on a positive note as investors braced for a week of heavy economic data culminating in the November jobs report. The three major indexes were set to end the month higher for the second straight month. ...

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FIIs upbeat on India, say Nifty to touch 9000 in 2016

FIIs upbeat on India, say Nifty to touch 9000 in 2016

Monday, November 30, 2015 15:16

Ridham Desai, MD, Morgan Stanley India, says India continues to be the best house in a bad neighbourhood and that there is tremendous appetite to buy India.

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Took steps to boost mfg, govt says after strong GDP nos

Took steps to boost mfg, govt says after strong GDP nos

Monday, November 30, 2015 15:12

Attributing the strong showing of the manufacturing sector in the quarterly gross domestic product (GDP) numbers released today, Economic Affairs Secretary Shaktikanta Das said the government had taken a number of steps to boost the ...

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