Business
Rupee closes at 60.31 against dollar
The rupee had lost 10 paise to end at one-month closing low of 60.28 against the American currency on Friday.
Sensex closes at over 1-week high; Hindalco logs best gain
After rising nearly 64 points, the BSE barometer pared gains amid profit-booking in realty, oil & gas and auto stocks.
Air India formally becomes 27th member of Star Alliance
ir India on Friday formally became the 27th member of Star Alliance
'Positive' budget has brought back 'hope' into economy: BJP
"Our motto of 'Sabka Saath, Sabka Vikaas' is truly reinforced in this budget," Amit Shah said.
Power producers rise on tax holiday proposal in budget
Tata Power Co Ltd rises 4.5 per cent, NTPC Ltd is up 2.9 per cent, Adani Power Ltd gains 6.9 per cent and JSW Energy Ltd is 7.8 per cent higher.
Jaitley's 'healthy measures' in Budget 2014: Cigarettes, gutka, aerated drinks get costlier
Finance Minister Arun Jaitley raised the excise duties on cigarettes and other tobacco products from 11 per cent and 72 per cent.
India may cut gold import duty at Budget: Industry official
The drop to 6 per cent in import duty "is practical and it may be reduced further.
Government scraps incentive on milk powder exports to check prices
All the major milk suppliers had raised prices of various varieties of milk by Rs 2 per litre to Rs 34-48 per kg in the national capital.
Bad taxes like cess, surcharge need to go: Economic Survey
The Survey pointed out that India's complex tax system suffers from problems in both structures and administration.
Investors pump in Rs 54,000 crore in mutual fund schemes in FY14
Mutual funds pool together money from many investors and invest it on their behalf, in accordance with a stated set of objectives.
Reforms to boost economic growth, says government
India's economy slowed to below five per cent in 2012-13 and 2013-14 due to global factors and slowdown in domestic economic activities.
Railway Budget 2014-15: Number of AC First Class, CC passengers dropped in FY14
The passengers in AC First Class dropped to 26.1 lakh in the last fiscal as against 33.1 lakh in 2012-13.
Air India to formally join Star Alliance group on July 11
Top officials of major global airlines may attend the ceremony to formally induct Air India as the 27th member of the Star Alliance.
Preetha Reddy to succeed me as Apollo Hospitals Chairman: Prathap C Reddy
Apollo Hospitals founder chairman Prathap C Reddy said on Thursday his daughter Preetha Reddy is likely to succeed him as the chairman of the group.
Rupee ends flat at 59.72 vs US dollar; logs best week since May 16
It gained 36 paise against the Greenback in the week ended on Friday on hopes of a growth-oriented budget on July 10.
Poverty definition immaterial for financial services: Raghuram Rajan
"Just creating an environment in which it can expand is enough. We have to work on creating that environment," the RBI governor said.
