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Finance minister Arun Jaitley on Monday said there is scope for increasing India's investment in Nepal in sectors such as power, healthcare and roadways as his Nepalese counterpart Bishnu Prasad Paudel sought assistance in setting up a special infrastructure development bank.

Finance minister Arun Jaitley on Monday said there is scope for increasing India's investment in Nepal in sectors such as power, healthcare and roadways as his Nepalese counterpart Bishnu Prasad Paudel sought assistance in setting up a special infrastructure development bank.

Riding high on the back of an unprecedented buying frenzy and robust seasonal offtake, gold prices stormed to a one-year high at the domestic bullion hub here amid highly bullish overseas sentiment. Silver also rallied due to heavy demand from jewellery traders and consuming industries.

Extending losses for the second straight day, the rupee on Monday dropped by another 30 paise to close at 67.94 per dollar on persistent demand for the American currency from banks and importers on the back of higher greenback overseas.

Indian economy is expected to record a five-year high growth rate of 7.6 per cent in 2015-16 on improved performance in manufacturing and farm sectors. According the central statistics office, the GDP growth is estimated at 7.3 per cent in October-December quarter of this fiscal.

The steaming cup of tea, an inseparable part of any train journey, is going to be tastier and customized in choicest flavours with IRCTC entering into a tie up with leading tea cafe chain Chaayos. Passengers can get their tea and snacks delivered to their train seats directly.

Market benchmark Sensex plunged by 330 points to 24,287.42 ahead of the release of GDP numbers for the third quarter as selling pressure intensified in the later half of the session on weak opening in European shares.

The dollar topped ¥117 in Tokyo trading on Monday, lifted by a rebound in Tokyo stock prices. At 5 p.m., the dollar stood at ¥117.31-31, up from ¥116.81-81 at the same time Friday. The euro was at $1.1137-1137, down from $1.1194-1194, and at ¥130.65-66, down from ¥130.76-77. After moving around ...

Stocks snapped a four-session losing streak Monday on the Tokyo Stock Exchange, helped by buybacks of undervalued shares and weakness in the yen. The 225-issue Nikkei average climbed 184.71 points, or 1.10 percent, to end at 17,004.30. On Friday, the key market gauge slumped 225.40 points. The Topix index of ...

Members of the Bank of Japan Policy Board raised concern at their January meeting about the side effects of adopting a negative interest rate. The post BOJ board split by concerns over negative interest rate move appeared first on The Japan Times.