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Centre to sell 10 per cent stake in Coal India

To mop up funds to meet the fiscal deficit, government will sell up to 10 per cent stake in state owned Coal India to raise about Rs 24,000 crore on Friday.

Yuan now world’s 5th currency

China’s yuan has become the world’s fifth most widely used payments currency, with the value of cross-border deals settled in it more than doubling in 2014, data from transactions organisation SWIFT s

Centre puts out price pool norms

The agriculture ministry has come out with draft guidelines of the “Price Stabil-isation Fund” to be made operationalised this fiscal for procurement and distribution of potato and onion.

Private Equity investors sit on losses as rupee falls 55% in 7 years

The sharp depreciation in the value of Indian rupee against the US dollar has upset the calculations of a large number of global private equity investors who had invested in Indian companies during 20

Arun Jaitley: US investors bullish on India

Arun Jaitley

Finance minister Arun Jaitley said on Wednesday that US President Barack Obama’s visit has proved to be a catalyst in forging a new commerical relationship with India and the United States.

New base to add billions

The revision in base year of India’s national accounts will increase the size of the economy to Rs 111.7 trillion in FY14, India Ratings (Ind-Ra) said on Wednesday.

Apple posts biggest ever profit at $18 billion

Apple Inc quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 per cent rise in China sales, powering the company to the l

Fund raising proposal by HDFC Bank, Lupin cleared

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday cleared proposals of HDFC Bank to raise Rs 10,000 crore and Lupin to raise Rs 6,099 crore from foreign investors.

Chandrababu Naidu vs Siddu: New race begins

Chandrababu Naidu

Three years ago, a study estimated that electronics would become the biggest item on India’s import bill, growing to $400 billion and overtaking oil imports, by 2020.

Sweet are the uses of bonhomie. All that jocular stuff between Prime Minister Narendra Modi and US President Barack Obama during the latter’s visit to India this week was a clincher.

I am happy that we have more tigers today than yesterday. But I am not happy that, as a nation, we are bent on counting tigers and alternately moaning or gloating over it.