Business

US stocks tick down after Fed hikes rates

Fri, 12/15/2017 - 06:34

New York, Dec 15 (IANS) US stocks reversed early gains to end lower as investors continued to digest the Federal Reserve's decision to raise interest rates for the third time in 2017.

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US dollar declines on soft inflation data

Fri, 12/15/2017 - 03:52

New York, Dec 15 (IANS) The US dollar fell against most major currencies as the country's soft inflation data continued to weigh on the market.

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Tata, GE join hands to manufacture jet engine components

Thu, 12/14/2017 - 23:16

Mumbai/Hyderabad, Dec 14 (IANS) Industrial conglomerates GE and the Tata Group have entered into a pact to manufacture "CFM International LEAP" engine components in India, for the global supply chain, a company statement said on Thursday.

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India's first offshore wind projects auction for 5GW in 2018

Thu, 12/14/2017 - 21:30

New Delhi, Dec 14 (IANS) India will invite bids for the first time to set up offshore wind power projects in the country with the government planning to auction for 5 gigawatt (GW) of capacity, New and Renewable Energy Minister R.K Singh said on Thursday.

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Cairn strengthens leadership team to drive in next phase of growth

Thu, 12/14/2017 - 20:36

Mumbai, Dec 14 (IANS) Energy major Cairn has announced the strengthening of its leadership team to realise the company's vision to contribute 50 per cent of India's crude oil and gas production and channelise investments of over $1 billion.

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35% of businesses registered in GST pay no tax: Jaitley

Thu, 12/14/2017 - 20:20

New Delhi, Dec 14 (IANS) Around 4 lakh people contribute 95 per cent of GST collections, while 35 per cent of those who have filed returns mostly paid no tax, Finance Minister Arun Jaitley said on Thursday.

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IGNOU to offer courses in food safety

Thu, 12/14/2017 - 20:10

New Delhi, Dec 14 (IANS) The Indira Gandhi National Open University (IGNOU) will offer a food safety training and certification course by food safety regulator FSSAI, the varsity announced on Thursday.

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Hike adds new features to groups

Thu, 12/14/2017 - 19:38

New Delhi, Dec 14 (IANS) Indian instant messaging platform Hike on Thursday added new social features for groups that are built inside the application.

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