India, Russia ink key pact for 2 nuclear power units

The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and......

Sensex, Nifty rise on buying in banking stocks

Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. Photograph: Shailesh......

Investors become richer by Rs 3.24 lakh cr as markets rally

Investors' wealth grew by Rs 3.24 lakh crore on Thursday as the BSE Sensex jumped nearly 1 per cent after a two-day slide. Illustration: Dominic Xavier/Rediff.com The 30-share BSE Sensex jumped......

HSBC blasts India on pvt bank stance

HSBC Asia Pacific chief lambasted the Indian government for changing its stance on foreign investment in domestic private banks. HSBC had to change its plans of taking a larger equity stake in UTI......

HSBC buys 14.6% UTI Bank pie

Reserve Bank of India has turned down Hongkong and Shanghai Banking Corporation Ltd's plans to pick up about 20 per cent stake in UTI Bank by restricting its approval for acquisition of only 14.6......