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 After Russia, India most 'unequal' country globally

After Russia, India most 'unequal' country globally

India is the second most 'unequal' nation in the world where millionaires, or those with net assets of USD 1 million or more, control over half of its total wealth, says a report.

Ukraine rebels pay pensioners in dollars

Ukraine`s pro-Russian rebels in battle-scarred Donetsk said Friday they had started paying dollars to pensioners who have been cut off from Kiev`s social benefits despite serving valiantly in Soviet-era wars.

FIFA says paid Ireland 5 million euros, not dollars

FIFA says paid Ireland 5 million euros, not dollars

FIFA paid Ireland`s FA (FAI) 5 million euros to avoid a legal case over a controversial World Cup playoff defeat, 50 percent more than the $5 million it reported on Thursday at 2009 exchange rates, world soccer`s governing body said. 

Gold in feces worth millions: Study

Human feces contains gold, silver and other metals which could be worth hundreds of millions of dollars, say scientists who are investigating ways to extract the precious metals from poop.

India-Arab nations keen to pave new path for economic ties

Projects worth billions of dollars, notably in energy, railways and finance were discussed at the two-day India-Arab Partnership Conference that concluded here Thursday in what was the first engagement on this scale for Prime Minister Narendra Modi`s government with the 22-member Arab League.

Rupee fails to maintain initial gains, trades at 61.84

The rupee failed to maintain initial gains against the American currency due to mild demand for dollars from banks and importers and was quoted at 61.84 in the late morning trade.

FIIs pull out Rs 800 crore from stock market

Foreign investors were gross buyers of equities worth Rs 20,252 crore till October 10 and sellers to the tune of Rs 21,038 crore -- a net outflow of Rs 786 crore (USD 128 million).

Bullish on India, asset managers see billions of dollars flowing in

As Prime Minister Narendra Modi visits US, fund managers from India and abroad expect improving sentiments and impressive returns from Indian markets to help attract billions of dollars flowing into the country's asset management industry.

FIIs pump in Rs 9,000 crore in first week of September

Market analysts maintain that overseas investors have been betting on the Indian market mainly on account of the reforms agenda of the new government at the Centre.

FII inflows hit $30bn for 2014; cumulative crosses $200-bn mark

Betting big on the government's reforms agenda, net investments by overseas investors into India so far this year reached USD 30-billion level.

FIIs pump in Rs 22K cr this month

Market analysts believe that foreign investors have been betting on the Indian market mainly on reform agenda of the new government at the Centre.

RBI net buys $1.86bn in spot forex market for 2nd month in May

The Reserve Bank became net purchaser of dollars for the second consecutive month in May this fiscal buying USD 1.786 billion from the spot market.

Modi effect: Forex reserves up $11 billion since April

In May so far, FIIs have poured in USD 4.4 billion into equity and debt markets, as per data from SEBI.

FIIs pour in Rs 14,000 cr in May

Given the decisive political mandate, analysts believe that Indian markets have the potential to get more inflows.

India Inc invested $5.58 bn in overseas markets in April

Overseas direct investment by Indian companies stood at USD 5.58 billion in April 2014, much lower than in the year-ago period.

Japan banks warn of shrinking profits after strong year

Top three banks of Japan warned that their inflated bottom lines would shrink this year, inspite of posting profits.

India's forex reserves down $1.08 bn

India's foreign exchange (forex) reserves decreased by $1.08 billion to $277.72 billion for the week ended Aug 23, according to data released by the Reserve Bank of India (RBI).

Bollywood flick ‘Dollars’ audition to be held in Dubai

Sameer Khan, who recently announced his plans to direct a UAE-set action drama, ‘Dollars’, is auditioning for actors to play “strong supporting roles” in his debut venture.

Spears `wants to invest her millions of dollars`

Britney Spears has asked for the control of her money to be given to her financial advisors at Merrill Lynch and UBS Financial Services.

Finnish police dog sniffs out thousands of dollars

A specially trained dog sniffed out
a USD 35,000 cash stash in the northern Finnish town of Kemi,
helping the police in a land-sale embezzlement investigation,
local police said on Thursday.