Outcome of general elections due in April-May with prospects of a stable new government would influence gold prices apart from equity markets, a study said.
Country’s largest asset management company HDFC Mutual Fund is looking at 15-20 per cent growth in its assets in the next financial year with continued focus on retail investors, a top company official has said.
Budget carrier GoAir expects to complete the route feasibility study for its proposed international operations within a few months, sources said.
Struggling Australian carrier Qantas Thursday said it will axe 5,000 jobs, defer aircraft deliveries and suspend growth at Asian offshoot Jetstar in a major shake-up after deep first-half losses, warning of more pain to come.
Investors have pumped in more than Rs 1.6 lakh crore in various mutual fund schemes in the first ten months of the ongoing financial year, more than double the amount infused by them in entire 2012-13 fiscal.
The Jammu and Kashmir government has approved an annual credit action plan of Rs 4588.94 crore for Srinagar district for the fiscal year 2014-15.
A new customs form bearing additional fields for declaration of prohibited and dutiable goods for passengers flying into India has come into effect.
Continuing to shower praise on him, billionaire investor Warren Buffett has said Ajit Jain’s mind is an “idea factory” that always looks to add more lines of business to his current assortment.
State-owned Indian Bank has bagged national award for excellence in lending to micro enterprises for 2012-2013, for the consecutive second year.