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Jawans of Myanmar raid to get awards
The nation’s top gallantry awards have gone to members of the special parachute regiment team that carried out a cross border strike in Myanmar in June to target militant camps...
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Brexit sparks London commercial property panic
It has not been a good week to be an investor in commercial property in the UK. London’s up-till-now red-hot real estate market was very much shaken up by the...
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PSU banks need more time to improve credit profile: Moody’s
Indian PSU banks will need years to improve their credit profiles as the asset quality is tied up with a slow, multi-year recovery of corporate balance sheets, said global ratings...
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Pranab Mukherjee heads for Russia to attend Victory Day celebrations
President Pranab Mukherjee today left for Moscow on a five-day visit during which he will attend the 70th anniversary celebrations of Victory Day, which commemorates Russia’s triumph in the Second...
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Finance Minister Arun Jaitley withdraws Budget proposal to set up an agency to manage public debt; to prepare detailed road map with RBI
Finance Minister Arun Jaitley withdrew a budget proposal to set up an independent agency to manage government borrowing and public debt just minutes before debate began on the Finance Bill...
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McDonald’s announces plan to raise salaries to $10/hr for 90,000 workers
McDonald’s (NYSE:MCD) announced an enhanced benefit packages for its employees on Wednesday, which will include a wage hike to roughly $10 an hour for approximately 90,000 workers nationwide, the company...
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GBP/USD falls to fresh 17-month lows on weak U.K. data
The pound fell to fresh 17-month lows against the U.S. dollar on Tuesday, after data showed that U.K. service sector activity expanded at the slowest rate in 19 months in...
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Asian shares mixed with China GDP reaching expected 7.3%
Asian shares were mixed Tuesday after China’s economy grew at expectations in the the third quarter. The Hang Seng Index was up 0.4%, after data showed China’s gross domestic product...
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Need new investors for further leg up; like NTPC: Baliga
For the market to keep moving up from current levels, new investors need to come in and for that to happen, there needs to be a correction, is the view...
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Expect Indian Rupee to trade on mixed note today: Angel
The Indian Rupee traded on a flat note and depreciated marginally for second consecutive session in yesterday’s trading session. The currency depreciated on the back of dollar demand from state...