India's wholesale price index (WPI)-based inflation rate has surged past the psychological 12 percent mark, to hit a record 13-year high of 12.01 percent in the 12 months to July 26, higher than previous week's figure of 11.98 percent, government data showed on Thursday, sparking worries t...
India's leading private air carriers Jet Airways and Kingfisher Airlines have hiked their airfares by around 10 percent, close on the heels of oil marketing companies raising prices of aviation turbine fuel (ATF).
The Indian Government has unveiled norms for distribution of high-speed 3G (third generation) spectrum, saying it will hold a global auction in which all mobile operators, including eligible foreign operators, can participate.
India's wholesale price index (WPI)-based inflation rate rose to 11.98 percent in the 12 months to July 19, higher than previous week's figure of 11.89 percent, government data showed on Thursday, giving rise to concerns that the central bank would move again to increase interest rates in ...
France's agriculture minister said Wednesday that "big emerging countries" were to blame for the collapse of World Trade Organization talks on opening up the global economy.
After coming tantalizingly close to a historic trade deal, World Trade Organization talks collapsed Tuesday in a dismaying blow to seven years of efforts to open up the global economy.
Trade officials said Tuesday that a high-level summit to salvage a global trade pact collapsed, after the United States, China and India failed to compromise on when poor countries could raise import tariffs on farm products.
India's finance ministry said on Tuesday it expects that the central bank's decision of hiking its key lending rate by 50 basis points and banks' cash reserve requirements by 25 basis points would slow down credit growth and moderate inflation.
Citing inflationary pressures, India's central bank, the Reserve Bank of India (RBI) moved, Tuesday, to hike its key lending rate by 50 basis points and banks' cash reserve requirements by 25 basis points.
India's wholesale price index (WPI)-based inflation rate eased to 11.89 percent in the 12 months to July 12, a shade lower than previous week's 13-year high figure of 11.91 percent, government data showed on Thursday, bringing cheer to the people. The annual inflation rate was 4.76 percent...
The world's largest professional services firm, PricewaterhouseCoopers (PwC) said India is one of the top three markets for global collaboration in entertainment and media because of a "relatively friendly foreign investment regime."
India's wholesale price index (WPI)-based inflation rate rose marginally to a new high of 11.91 percent in the 12 months to July 5, higher than previous week's figure of 11.89 percent, government data showed on Thursday.
India's wholesale price index (WPI)-based inflation rate has surged to a new high of 11.89 percent in the 12 months to June 28, higher than previous week's figure of 11.63 percent, government data showed on Friday. The inflation was at 4.42 percent in the corresponding week a year ago.
NASSCOM or National Association of Software and Services Companies, the consortium that serves as the apex body of the Indian IT software and BPO industry, has projected that India's software and services exports would witness a slowdown in growth and rise between 21-24 percent to around $50 bi...
With India's wholesale price index (WPI)-based inflation rate having surged to a new high of 11.63 percent in the 12 months to June 21, higher than previous week's figure of 11.42 percent, a top official of India's central bank, Reserve Bank of India (RBI), said the bank's main p...
Cutting flab and not shutting shop is what domestic airlines should do in India to draw in profits during a lean period, international audit, tax and advisory services firm KPMG said.
An indefinite strike launched by a union representing 4.8 million truckers on Wednesday, was called off on Friday following government assurances that it would look into their demands.
India's wholesale price index (WPI)-based inflation rate has surged to a new high of 11.63 percent in the 12 months to June 21, higher than previous week's figure of 11.42 percent, government data showed on Friday.
The Indian highways wore a deserted look on Wednesday as about 5 million truckers stayed off the road to protest against high taxes and rising oil costs.
The sudden hike in key interest rate and commercial banks' mandatory reserve requirements by 50 basis points (bps) by the central bank of India has unnerved both corporate leaders and consumers.
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