Sunday, 5 May 2013

Rajan not in favour of sovereign bond to finance CAD

Rajan not in favour of sovereign bond to finance CAD

Rajan not in favour of sovereign bond to finance CAD

There is no reason to consider issuing a sovereign bond in global markets to fund India's bulging current account deficit (CAD), Chief Economic Advisor Raghuram Rajan said on Sunday. "Certainly not foreign exchange denominated bond but even a rupee ...
Q4 earnings, factory output data to guide market

Q4 earnings, factory output data to guide market

The fourth quarter earnings of bluechip companies, data on index of industrial production (IIP) and PMI figures will be keenly followed by investors this week. Result of Karnataka elections would also influence market sentiment. The budget session of ...
Crucial SC verdict on commissioning of Kudankulam plant due Monday

Crucial SC verdict on commissioning of Kudankulam plant due Monday

The Supreme Court will pronounce its verdict on a plea seeking a stay on the commissioning of the controversial Kudankulam nuclear plant. A bench comprising justices KS Radhakrishnan and Dipak Misra, which had reserved the verdict following marathon ...
No immediate upgrade of India

No immediate upgrade of India's ratings, says S&P

Global credit rating agency Standard and Poor's (S&P) has ruled out an immediate upgrade in India's sovereign ratings despite the government's strong pitch amid early signs of an economic turnaround backed by reform measures to spur investment and ...
Travel agents to keep shutters down on Tuesday to protest lack of transparency ...

Travel agents to keep shutters down on Tuesday to protest lack of transparency ...

The Aviation Ministry had, in 2011, barred airlines from charging extras for preferential seating, prompting low-fare carrier IndiGo and others to include this in a "special services" category. Photo for representational purpose only. Booking an air ticket on ...
Infiniti Retail to launch Croma 3G tablets in 2 weeks

Infiniti Retail to launch Croma 3G tablets in 2 weeks

Tata group firm Infiniti Retail is planning to expand its range of private label items by introducing 3G-enabled tablet. NEW DELHI: Tata group firm Infiniti Retail, which runs 'Croma' chain of consumer electronics and durables stores, is planning to expand its ...
Bharti Airtel to sell 5% stake Qatar Foundation

Bharti Airtel to sell 5% stake Qatar Foundation

NEW DELHI: Bharti Airtel will sell a 5% stake to Doha-based Qatar Foundation Endowment for Rs 6,796 crore ($1.26 billion) to bolster finances weighed down by Rs 63,689 crore ($11.7 billion) of debt. This is the second big-ticket deal involving a Gulf-based ...
Sugar exports from India poised to rebound

Sugar exports from India poised to rebound

Sugar exports from India, the world's second-biggest producer, are set to climb next season as an end of state curbs on local sales sends domestic prices lower and encourages mills to boost overseas shipments. Supply will be available for exports in the ...