Fed rate cut leads to $1.2 bn equity inflow

Foreign institutional investorspumped in a whopping $1.2 bn in the domestic equity markets in just three days following a US Federal Reserve rate cut of 50 basis points on Tuesday. According to......

Indian cos ink pact to buy $2.1-bn diamonds from Russia

Russia is the world's largest producer of diamond, while India is the world's biggest manufacturing centre for cut and polished diamonds. Twelve Indian companies will buy diamonds worth $2.1......

FIIs pull $8 bn out of debt market in 2013

Market recovery on the cards in 2014 as investors are likely to chase higher yields The Indian debt market will never forget year 2013. Foreign investors pulled out a record Rs 50,989 crore (close......

India, Iran look at $25 bn trade by 2015

India and Iran plan to reach USD 25 billion in annual bilateral trade in the next four years, Indian commerce ministry has said.Heading an 80-member trade delegation to Iran, Joint Secretary of the......

Ash: The undisputed power cover girl

She received the country's appreciation inthe form of a Padma Shri. She has giggled her way through The Letterman Show and draped Oprah Winfrey in a sari. She has been described on CBS 60 Minutes......

US $13 bn to prepare Delhi for 2010 Games

The Delhi government on Monday showcased a complete city operation plan while other stakeholders made presentations on their efforts towards the successful hosting of the Commonwealth Games next......