A historic moment for India as NSG gives it the nod

In a historic moment that ended more than three decades of nuclear isolation for India, the 45-nation
Nuclear Suppliers Group Saturday rewrote their guidelines to resume global nuclear trade with New Delhi.
The NSG’s decision to grant India a clean waiver from its existing rules, which forbid nuclear trade with a country which has not
signed the Nuclear [...]

Chronology of India’s nuclear journey

Following is the chronology of some key developments related to the landmark Indo-US nuclear deal:
1968: India refuses to sign the Nuclear Nonproliferation Treaty (NPT) on the grounds that it is discriminatory.
May 18, 1974: India conducts its first nuclear test.
March 10, 1978: US President Jimmy Carter signs the Nuclear Non-Proliferation Act, following which US
ceases exporting nuclear [...]

India gets NSG waiver

The Nuclear Suppliers Group (NSG) on Saturday granted India a crucial waiver that will enable it to carry out
nuclear commerce, ending 34 years of isolation enforced in the wake of the 1974 Pokharan nuclear tests.
The unprecedented decision of the 45-nation nuclear cartel giving exemption to a country which has not signed the
Nuclear Non-Proliferation Treaty (NPT) [...]

Interst Rate Futures

Sebi set for interest rate futures in Q4
Hedging Tool For Banks To Beat Fluctuations
After successfully commencing currency futures, Sebi now plans to implement interest rate futures in the
fourth quarter of this fiscal. Speaking on the sidelines of a programme organised by Merchants Chamber of
Commerce on Tuesday, Sebi chairman C B Bhave said an RBI-Sebi joint [...]

Daughters of Mittal, Ambani and K P Singh top Forbes list

Riding high on their fathers’ richie-rich status, Vanisha Mittal, Isha Ambani and Pia Singh — daughters of Lakshmi Mittal, Mukesh Ambani and K P Singh respectively — have grabbed the top three rankings on a Forbes list of billionaire heiresses.
While many daughters and grand-daughters of the world’s wealthiest would never actually inherit [...]

The Luxury Quotient

Luxury homes continue to dazzle in the wake of robust demand and keen investor
interest. check out some of the top offerings in the country
EVEN in the midst of low sentiments haunting the real estate sector, there is one segment that is totally unfazed by it all. Luxury homes continue to dazzle in the face of [...]

Service sector to give more revenue

The contribution of service tax to the country’s GDP is quite low at 1.1 per cent and the government expects to get more
revenue from this sector in future, a top official said.
Contribution of the service sector in the GDP is 56 per cent but the share of the service tax in the GDP is just [...]

Brand Value In Luxury Market

Emporio, home to 90 top-of-the-line brands, comes as a delight for the uber rich craving for luxury products .
LUXURY has a new address. DLF’s luxury mall, Emporio, in the capital has created a 3.38 lakh square-feet home for luxury brands in the country. For years, luxury brands in India have been limited to small confines [...]

India set to export record quantity of basmati rice

india-emerging-market

India looks set to export a record quantity of basmati rice in the current fiscal.
Last month, the official agency monitoring the export of basmati rice issued 658 registration-cum-allocation certificates (RCAC) to traders, enabling them to export 165,148 tonnes of basmati rice worth $252 million (Rs.10.08 billion).
In July last year, by contrast, the Agricultural and Processed [...]