Chinese FDI to US declined 30% in 2017, says survey

Jun 21 2018 | 2 hrs ago

The decline in FDI indicates the bilateral investment relationship between the two countries is undergoing dramatic changes

Trump gives in, orders end to separation of migrant families

Jun 21 2018 | 6 hrs ago

Bowing to public pressure, US President Donald Trump signs an order to "keep families together" in migrant detentions

Nifty rises 61 points; realty, energy lead gains

Jun 20 2018

Snapping its two days of losing run, the NSE Nifty today rose by 61.60 points, led by gains mainly in realty, energy and banking stocks amid positive global cues.

European biz lobby says time is running out for China's reforms

Jun 20 2018

Time is running out for Beijing to fulfill its reform promises if it hopes to maintain stable growth, a top European biz lobby said, contending that the roots of US-China trade tension began in China.

Starbucks sales forecast raises questions about China, US growth

Jun 20 2018

Starbucks Corp shares fell 4% after a dim sales forecast from the US coffee chain prompted Wall Street analysts to question the sustainability of its growth at home and next biggest market China.

Wall Street advances as media stocks gain; Nasdaq hits record

Jun 20 2018

Technology and media stocks pushed Wall Street higher and helped the Nasdaq hit a record high, as markets eyed a recovery after being battered by a rapidly escalating China-U.S. trade tensions.

OxyContin maker Purdue Pharma cuts remaining sales force

Jun 20 2018

OxyContin maker Purdue Pharma LP, facing a wave of lawsuits blaming it for helping fuel the U.S. opioid epidemic, said on Wednesday it had laid off about 350 employees this week.

Slovakia delays decision to replace Russian fighter jets

Jun 20 2018

Slovakia will postpone a decision on whether to buy U.S.-made F-16s or Swedish Gripen fighter jets to replace its aging Russian-made MiG-29s, Prime Minister Peter Pellegrini said.

US current account deficit widens to 2.5 percent of GDP

Jun 20 2018

The U.S. current account deficit widened in the first quarter, driven by increases in goods imports, the Commerce Department said on Wednesday in a report.

European states meet to tackle growing migration rifts

Jun 20 2018

Several European leaders including those of France, Germany, Italy and Austria will hold talks migration, an issue bringing bitter political divisions to a head in Europe and increasingly in the US.

Indian Markets


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Global Markets


Stocks In News



I-T department probing acquisition of Chanda Kochhars Mumbai Residence

I-T department looking into acquisition of the residence by Deepak Kochhar

Acquisition of residence said to be linked to firms of Videocon group

Indian Express Reports


3 officials including MD & CEO RP Marathe, ED RK Gupta arrested in Pune

Arrests are in connection to fraudulent loans sanctioned to Kulkarni Developers

Outstanding exposure to DS Kulkarni Developers at Rs 94.52 Cr


RITES IPO subscribed 0.6x on day 1

Fine organic industries IPO subscribed 0.12x on day 1


SBI's B Sriram takes additional charge as MD & CEO of IDBI Bank

B Sriram is the longest serving PSB MD

B Sriram Has Experience In Managing Stressed Assets


Wins bid for Connaught Place in Delhi

Taj Group wins 33-year lease for Connaught Hotel in E-auction

Offered to share 31.8% of annual revenue earned with civic body


Have not received any notice from ED on FEMA violations


U.S. to levy tariff on Indian welded pipes

U.S. imposes anti-subsidy duties of upto 500% on welded pipes from India

China, South Korea, & Turkey to also face duties from U.S.

U.S. imported large-diameter welded pipes worth $294.7 Mn from India in 2017

U.S. International Trade Commission scheduled to make a final decision By Dec 20

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