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Not just NSE: Global stock exchanges too want to set up shop in GIFT City

Mar 03, 2015 at 15:51 | Source: FirstPost

As Modi's pet project, India's first International Financial Services Centre (IFSC), GIFT City, inches closer to reality in Gandhinagar, a slew of global exchanges are looking to set up shop there in order to offer Indian investors the products and s...

Celebrating Bhumi Pednekar: The hoopla around Dum Laga Ke Haisha reveals our ingrained fat-phobia

Mar 03, 2015 at 15:49 | Source: FirstPost

Has Dum Laga Ke Haisha redefined 'aww' in your life? Did you single people just uninstall Tinder from your phone and start hoping love will arrive at your doorstep like the morning paper or your pepperoni pizza?The mostly unpretentious Dum Laga Ke Ha...

Modi's brother does a Kejriwal; protests kerosene and food shortage

Mar 03, 2015 at 09:22 | Source: FirstPost

Prime Minister Narendra Modis younger brother Prahlad Modi who is the national vice-president of All-India Fair Price Shop Dealers Federation, in an agitation against the Central Government on Monday warned the BJP that ration shop keepers could sink...

Corrected - Bill Gates tops Forbes rich list, Michael Jordan joins

Mar 03, 2015 at 01:30 | Source: FirstPost

(Reuters) - (The story was refiled to correct Mark Zuckerberg's net worth in paragraph 10 to $33.4 billion from $34.8 billion, which Forbes reported as his net worth in real time as of Monday. Zuckerberg's ranking is unaffected.)Bill Gates stands ato...

BCCI chief Dalmiya is not Pawar's or Srinivasan's candidate, he is his own man

Mar 02, 2015 at 16:21 | Source: FirstPost

It feels like the clock has been turned back to early 2000s - when Jagmohan Dalmiya ruled Indian cricket with an iron first.In the official results of the BCCI elections announced today, Dalmiya was elected President unopposed, Anurag Thakur (Pawar c...

Dalmiya is not Srinivasan's or Pawar's candidate, he is his own man

Mar 02, 2015 at 13:51 | Source: FirstPost

It feels like the clock has been turned back to early 2000s - when Jagmohan Dalmiya ruled Indian cricket with an iron first.In the official results of the BCCI elections announced today, Dalmiya was elected President unopposed, Anurag Thakur (Pawar c...

China central bank steps up easing tempo as factory activity shrinks

Mar 01, 2015 at 15:15 | Source: FirstPost

SHANGHAI (Reuters) - Weakness in China's vast manufacturing sector, aggravated by high real borrowing costs and weak demand, appears to have driven the central bank to accelerate the pace of monetary easing to ward off deflation in the world's second...

Budget 2015: Long-term measures and no numbers dampen day traders day

Mar 01, 2015 at 12:54 | Source: FirstPost

Praveen PalandeBudget 2015 proved to be a disappointment for day traders as Finance Minister Arun Jaitley decided to move long term instead of the usual practice of looking at the micro aspects. This was probably the first budget where the FM concent...

Budget 2015: Tablets, shoes to get cheaper but drinks, night outs to get expensive

Mar 01, 2015 at 12:11 | Source: FirstPost

The national budget presented by Finance Minister Arun Jaitley Saturday has the potential to increase what you pay for some commodities while also reducing it for certain categories.Like in the past the levy on tobacco products has been hiked, making...

Budget 2015 does nothing spectacular for the health of the economy

Mar 01, 2015 at 11:19 | Source: FirstPost

Both on the expenditure and revenue side, a budget has to be judged by what it does to the maximum number of people. Corporate India responded to the 2015-16 budget with an apprehensive smile. It loves the postponement of GAAR and removal of wealth t...

Regulatory shakeup could revive commodities markets

Mar 01, 2015 at 02:15 | Source: FirstPost

MUMBAI (Reuters) - India on Saturday proposed to merge its commodity market regulator with the capital market watchdog, aiming to strengthen regulation in a move which could help open the commodity futures market to institutional investors.Responding...

Budget 2015: Jaitley keen to bring foreign fund managers to India

Feb 28, 2015 at 18:27 | Source: FirstPost

By Pravin PalandeBudget 2015 proved to be a disappointment for day traders as Finance Minister Arun Jaitley decided to move long term instead of the usual practice of looking at the micro aspects. "This was probably the first budget where the f...

Budget 2015: Jaitleys proposals will cut down RBI powers, but give more teeth to Sebi

Feb 28, 2015 at 15:22 | Source: FirstPost

The Reserve Bank of India (RBI) is set to lose some of its power when some budget recommendations, such as moving the central bank's debt management function to a separate agency, and creating a new monetary policy framework, come into force.To be su...

Time for hyperbole is over: Budget 2015 is Modi's chance to earn goodwill

Feb 28, 2015 at 10:55 | Source: FirstPost

The NDA's first full budget to be unveiled this weekend is being described as "make or break" by the corporate world, especially the stock market community, which is getting rather impatient about "little or no action" in the econ...

Little Bang: Economic Survey 2015 takes a realistic view on reforms

Feb 28, 2015 at 08:43 | Source: FirstPost

The Economic Survey has transcended the earlier objective of being a statistical presentation of the state of economy to a proposed policy and strategy document over the years. In between it reads like a research paper with several graphs and equatio...

Oil up sharply, posts first monthly gain since June

Feb 28, 2015 at 02:45 | Source: FirstPost

NEW YORK (Reuters) - Crude oil rose sharply on Friday as Brent and U.S. futures posted their first monthly gains since June, supported by an improving demand outlook and supply outages.On its way to contract expiration, front-month March New York ult...

Private patrol boats to tackle Somali pirates

Feb 28, 2015 at 01:57 | Source: BBC

Off the pirate-infested waters of Somalia, a new force is taking shape. The private company Typhon is preparing to operate alongside the world's navies, offering protection to cargo vessels sailing around the Horn of Africa. But unlike other pri...

Little Bang: Economic Survey 2014-15 takes realistic view on reforms

Feb 27, 2015 at 22:37 | Source: FirstPost

The Economic Survey has transcended the earlier objective of being a statistical presentation of the state of economy to a proposed policy and strategy document over the years. In between it reads like a research paper with several graphs and equatio...

Global investors lift exposure to stocks as major markets touch record highs

Feb 27, 2015 at 22:34 | Source: FirstPost

LONDON (Reuters) - Global investors increased their bets on stocks during February as major equity markets broke through all-time highs, fuelled by the promise of more monetary stimulus, Reuters' monthly asset allocation poll showed.As around 20 cent...

FY16 growth above 8%, inflation easing: Key facts from the Economic Survey

Feb 27, 2015 at 14:29 | Source: FirstPost

India's economic survey pegged growth at more than 8 percent for the next fiscal and said inflation was now declining, while also setting the agenda for reforms needed to further drive the expansion, prune wasteful expenditure and promote productive ...

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Budget 2015-16: Revive capex through savings on cheap crude says Kotak Sec

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