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Union Budget to be presented on March 16The budget session, which normally commences in the third week of February, will start on March 12 with President Pratibha Patil addressing the joint sitting of members of both the Houses of Parliament.
dnaindia.com | 07-Feb-2012 09:59
Per capita income expected to cross Rs60,000 in 2011-12
Reflecting general rise in living standard, India's per capita income is estimated to grow above Rs 60,000 per annum or over Rs 5,000 per month, said the government data.
dnaindia.com | 07-Feb-2012 09:37
Economy growth slows to 6.9% in 2012: Govt
The government estimated that the economy would grow by 6.9% in 2011-12 against 8.4% last financial year.
dnaindia.com | 07-Feb-2012 06:50
DNA digital: Dish TV beams a killer app
With unlimited storage, competitive price and loads of features, Dish TVs new digital video recorder could prove a game-changer in the direct-to-home segment.
dnaindia.com | 07-Feb-2012 06:30
Sensex snaps 5-day rally on low growth estimates, global cues
In highly volatile trade, the BSE 30-share Sensex dropped by 84.86 points, or 0.48% to 17,622.45, after climbing to 17,832.04.
dnaindia.com | 07-Feb-2012 05:15
Sensex gains over 121 points in early trade
The 30-share index rose further by 121.40 points, or 0.68%, to 17,828.71. It had gained nearly 844 points in the last five sessions.
dnaindia.com | 07-Feb-2012 05:15
Dhanlaxmi chief Amitabh Chaturvedi exits, core team to follow?
After Chaturvedi, 5 section heads may go, too. The bank will shift to a cheaper office in Mumbai. PFC is said to have withdrawn Rs500 cr deposit.
dnaindia.com | 07-Feb-2012 04:30
Venture keeps family doctor tradition kicking
Clinic chain uses hub-and-spoke model to make the neighbourhood medical practice structured and organised.
dnaindia.com | 07-Feb-2012 04:30
Surfs up, not personal care products
Hindustan Unilever (HUL) disappointed the street as volume growth came in below expectations, though at Rs754 crore, net profit was up 18% year on year.
dnaindia.com | 07-Feb-2012 04:20
Manappuram gets RBI rap for taking deposits
The Reserve Bank of India has raised concerns on Kerala-based Manappuram Finance for acceptance of deposits.
dnaindia.com | 07-Feb-2012 04:00
SKS Microfinance sells loan-book chunk for Rs243 crore
SKS officials refused to name the bank citing a non-disclosure agreement.
dnaindia.com | 07-Feb-2012 03:30
Credit Suisse will steer Thomas Cook foreign exchange business sale
The tour operator is learnt to be pushing ahead with divestments of its non-core assets to raise £200 million in an attempt to lighten its debt load and shore up the balance sheet.
dnaindia.com | 07-Feb-2012 02:45
Adani Power plunges into red
Posts Rs358 crore loss in Q3 on high coal costs.
dnaindia.com | 07-Feb-2012 02:25
Concor halves capex plan
Domestic volumes drop 17% in third quarter; Exim biz grows 7.3%.
dnaindia.com | 07-Feb-2012 02:24
SpiceJet reports Rs39 crore loss in Q3, rules out fare hike
'We are not looking at increasing our fares now, as the market dynamics does not allow us that', SpiceJet chief executive said.
dnaindia.com | 06-Feb-2012 19:03
Income tax limit may be raised to Rs2 lakh
The possibility of lowering the tax rates, however, is remote in view of the fiscal constraints being faced by the government, sources said.
dnaindia.com | 06-Feb-2012 18:39
Budget session schedule to be decided on Feb 7
Meeting of the Cabinet Committee on Parliamentary Affairs headed by Finance Minister Pranab Mukherjee is being held tomorrow to decide the schedule of the session which is generally a three-month affair.
dnaindia.com | 06-Feb-2012 17:22
Piramal Health says will exit at Vodafone IPO
Piramal Healthcare chairman Ajay Pirama said that he will cash out when the telecom company goes public.
dnaindia.com | 06-Feb-2012 14:54
Middle East eyes Gujarats realty market
Credai Gujarat president says the state offers 3-time more returns compared to Oman & Jordan.
dnaindia.com | 06-Feb-2012 07:21
Maruti now says Alto will stay, take the Zen route
When it comes to the Alto, Maruti Suzuki seems to be following Zen and The Art Of Brand Maintenance.
dnaindia.com | 06-Feb-2012 07:00
'NMDC will be the world's largest iron ore producer'
The major sees iron ore contributing significantly to its profitability going forward,
dnaindia.com | 06-Feb-2012 07:00
Sensex up 218 points in early trade on firm Asian cues
Sensex gained 218 points in early trade today on sustained buying by funds and retailers amid a firming trend in Asian markets.
dnaindia.com | 06-Feb-2012 05:53
Liquid funds are fully marked to market, actually
SEBI's new mark-to-market norms for liquid funds means investors with a very short investment horizon will see returns gyrate.
dnaindia.com | 06-Feb-2012 05:30
Liquidity begets liquidity, India tops heap
Things havent changed fundamentally in India or abroad. And rising commodity prices can make it difficult for the RBI to cut rates
dnaindia.com | 06-Feb-2012 05:00
Rupee rise to continue on global risk appetite
Financial markets extended their rally last week on sustained risk appetite.
dnaindia.com | 06-Feb-2012 04:32
Tide's turning, don't let go of long bias
The week witnessed a bullish undertone as the rally extended for the fifth week in a row.
dnaindia.com | 06-Feb-2012 04:30
Sun-Mercury pair will smother Saturn, lift market
The late week Venus entry into Pisces coincided with a rise in prices last Friday.
dnaindia.com | 06-Feb-2012 04:24
Dr Reddys ready to carpet-bomb US
Pharmaceuticals major Dr Reddys is chalking out plans to take a bigger bite of the US market.
dnaindia.com | 06-Feb-2012 04:14
Container shipping rates head northwards
The hikes, which industry experts said were long due, are being effected by both local and global container shippers.
dnaindia.com | 06-Feb-2012 04:06
Currency market to exert pressure on prices
Last week, market-wide turnover on the MCX rose 25% and open interest 2% as traders participated in the weekly volatility.
dnaindia.com | 06-Feb-2012 03:30
Stronger hands are pulling the strings
The feeling of pain is getting deeper with each passing day as markets move higher.
dnaindia.com | 06-Feb-2012 03:30
Miglanis pick up 24% stake in Lloyds Steel
Uttam Galva Metallics invested Rs189 crore.
dnaindia.com | 06-Feb-2012 03:09
Octroi rap may turn IndianOils Mathura refinery unviable
Analysts said it will be difficult for IndianOil to recover the liability by increasing product cost because of political ramifications.
dnaindia.com | 06-Feb-2012 02:13
Facebook valued at $94 billion in auction of shares on private market
According to the paper, Facebook one billion dollars in profit on 3.7 billion dollars in revenue last year.
dnaindia.com | 05-Feb-2012 16:16
Piramal picks up another 5.5% in Vodafone
The sale marks the exit of Essar as Vodafones JV partner in India.
dnaindia.com | 05-Feb-2012 05:20
RBIs purchase auctions will drive bond yields
RBI stoked a bond rally by announcing bond purchase auctions to infuse liquidity into the market.
dnaindia.com | 05-Feb-2012 04:30
Investors want hard decisions on oil reforms
With global economic woes easing gradually, Indian markets from here on would move largely on domestic factors, says Mirae Asset Global Investments' head-equity.
dnaindia.com | 04-Feb-2012 18:15
London worst place to do business, say top bankers
The continuing row over bonuses is damaging Britain's reputation as a place to do business, leading international bankers has warned.
dnaindia.com | 04-Feb-2012 16:42
Our emotions were never appreciated by BCCI: Sahara
Indian cricket was hit by a major sponsorship crisis after Sahara India ended its 11-year-old financial ties with BCCI and also pulled out of IPL.
dnaindia.com | 04-Feb-2012 12:59
SC order seen good, ejects non-serious telcos
The Supreme Court order to scrap 122 licences is being viewed by analysts as a boon for a telecom sector grappling with mounting losses.
dnaindia.com | 04-Feb-2012 06:15
Mahatransco readying IPO
Mahatransco has lined up an over Rs16,000 crore expansion for strengthening the grid and evacuating power from plants.
dnaindia.com | 04-Feb-2012 05:45
Rate cut on top of India Incs budget wishlist
Business and trade representatives pitched for a 50 basis point cut in the interest rates as a confidence instilling measure for the market
dnaindia.com | 04-Feb-2012 05:45
European cars to get cheaper, Motown frets
The Free Trade Agreement between India and the European Union, scheduled to be inked next week, has raised the hackles of Indias automakers.
dnaindia.com | 04-Feb-2012 05:30
Is platinum better than gold?
Precious metals have a low correlation with other asset classes like equity and debt, which helps in diversifying risk during uncertain times.
dnaindia.com | 04-Feb-2012 05:15
Reserve price, who gets to bid key issues
TRAI which will conduct 2G spectrum auctions for these licences, has sought comments from stakeholders on the procedure by February 15.
dnaindia.com | 04-Feb-2012 05:15
After industry, services sizzle
The services sector logged its fastest pace of growth in six months in January, driven by improvement in domestic demand and new businesses.
dnaindia.com | 04-Feb-2012 04:30