Mar 13, 2014 at 11:22 | Source: Reuters
Boeing signed a USD 4.4 billion deal with Indian budget airline SpiceJet for the sale of 42 of the 737 MAX jets.
Mar 12, 2014 at 09:04 | Source: Moneycontrol.com
The continued compression in current account deficit (CAD) coupled with a pick-up in capital flows has created a constructive balance of payment (BoP) environment for the rupee, says Rohini Malkani of Citi.
Mar 11, 2014 at 16:21 | Source: CNBC-TV18
Sanjay Lalbhai, chairman and managing director of Arvind does not see foreign exchange volatility impacting the companys earnings. He is certain that the company will be able to maintain FY14 revenue growth guidance of 27 percent.
Mar 11, 2014 at 09:44 | Source: Moneycontrol.com
The recent strength in the currency has primarily been driven by three factors: a sharp cut in the current account deficit, steps taken by the government and the central bank to attract capital flows and rising foreign interest in Indian equities and debt. But at least two of three steps look set to have run their course.
Mar 07, 2014 at 12:11 | Source: Reuters
Foreign portfolio investors extended their buying streak to a 15th straight day totalling over $1 billion, helping BSE Sensex rise to record high on Thursday.
Mar 07, 2014 at 09:12 | Source: Moneycontrol.com
Pramit Brahmbhatt of Alpari India said the rupee was cheering the dip in current account deficit and steady FII inflows into Indian equity was helping the currency to consolidate further & trade strong.
Mar 06, 2014 at 17:24 | Source: PTI
The rating agency also expects merchandise exports to grow by 8-10 percent in the next fiscal year. It expects a minor slippage in consolidated state deficit from the budgeted FY14 estimate.
Mar 06, 2014 at 16:42 | Source: Moneycontrol.com
The S&P BSE Sensex on Thursday closed on 21,514, the highest-ever level in its 35-year existence, indicating the mood has been turning around for Indian equities as the country heads into the critical national elections.
Feb 26, 2014 at 08:39 | Source: PTI
The interim budget envisages revenue receipts of Rs 1,69,907.55 crore and expenditure of Rs 1,75,324.83 crore for the next financial year.
Feb 22, 2014 at 13:34 | Source: Overdrive Magazine
After the Excise duty cut in the Interim Budget 2014, most Indian car makers decided to pass the benefit to their customers by revising vehicle prices.