CANBERRA – On Nov. 8, Prime Minister Narendra Modi announced that 500- and 1,000-rupee notes (1,000 rupees is about $15) were no longer legal tender; people were given 50 days to deposit them in bank accounts or exchange them for new notes at banks and post offices — when only ... Read More »
AMBERNATH, India—Saturdays are typically busy at the sales office of Patel’s Planet, one of the many new apartment developments in the suburbs surrounding Mumbai where India’s fledgling middle class has been flocking in recent years. But last Saturday, it was virtually deserted. Prateek Patel, the cousin of the developer, complained ... Read More »
India’s gold demand could fall as much as 24 percent in 2016 to the lowest level in seven years due to higher prices and increased smuggling as the government seeks to bring transparency to bullion purchases, the World Gold Council (WGC) said. Lower demand from the world’s No.2 gold consumer ... Read More »
Gurgaon-based DLF has been ranked India’s most reputed real estate brand followed by Godrej Properties and Lodha Group in second and third places respectively, according to a report. The study conducted by BlueBytes in association with TRA Research (both part of the Comniscient Group), features Hiranandani Developers at the fourth ... Read More »
Sales of Tata’s Nano small car have been falling for years. India’s Tata Motors is overhauling its domestic supply chain, product portfolio and organizational structure as part of a three-year turnaround strategy, the company’s chief executive said on Tuesday. The aim is to put Tata Motors TTM 0.08% among the ... Read More »
India’s Stock Market & Industry Growth The stock market index with the longest track record in India is the BSE Sensex. The index has returned about 16.14% per annum since 1979. Including dividends, the total return from the BSE Sensex between 1979 and 2016 has been around 17.5% per annum. ... Read More »
Prime Minister Narendra Modi has been most vocal in fighting terrorism — mainly of the Islamic militant groups based in Pakistan — in the last two years. India has been hectoring the United States and other Western countries to be firm against Pakistan which is seen by India to be ... Read More »
Vikas Krishan Yadav has quietly been India’s most impressive male athlete in Rio so far. Only Uzbekistan’s Bektemir Melikuziev now stands between him and a guaranteed medal. In wrestling, Ravinder Khatri will be the first Indian grappler to take the stage in Rio in men’s Greco Roman 85kg. In athletics, Lalita ... Read More »
The funny men of AIB are back, and how! The group has released a video on the occasion on India’s 70th Independence Day and it’s called — The Day India Resigned. The satire video, wonderfully and hilariously highlights how Indians were made to feel secondary in their own country by ... Read More »
External Affairs Minister Sushma Swaraj and visiting Chinese Foreign Minister Wang Yi on Saturday discussed the misgivings that have cropped up between the two sides, after India’s failed bid to become a member of the 48-member Nuclear Suppliers Group (NSG). India has singled out China for having put obstacles in ... Read More »
On 1 August, the new textiles minister Smriti Z Irani kicked off a “Selfie with handlooms” campaign on social media. Promoted with the hashtag “#IWearHandloom” on Facebook and Twitter, Irani launched the movement by posting a photo of herself in a royal blue Bihari silk, and tagged peers like Devendra ... Read More »
The collapse of a bridge in the western Indian state of Maharashtra this week that left 14 people dead and 18 others missing wasn’t the first road tragedy to hit the area. In 2013, a bus veered off a 80 year-old bridge on the Jagbudi river, which flows parallel to ... Read More »
