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A benchmark index of Indian equities markets surged 419.68 points or 1.70 percent Monday ahead of Prime Minister-designate Narendra Modi’s swearing-in later in the evening as capital goods and auto stocks rallied. All the sectors were trading in green and the rally was led by capital goods, banking, oil and gas, metal, auto and IT…

Foreign investment inflows are estimated to more than double to $60 billion this fiscal riding on the high expectations from the incoming Narendra Modi-led government, the Associated Chambers of Commerce and Industry (Assocham) said Sunday. “Riding on huge expectations from the incoming Modi government, global investors are gung-ho on the Indian economy, which is expected…

Saudi businessmen have expressed their desire to invest in India’s lucrative projects and hoped New Delhi would sanction interest-free Islamic finance system like other secular states to accelerate inclusive growth and woo funds from Saudi Arabia and other Gulf countries, Arab News reported. “Many Saudis are interested to invest in India being one of the…

Etihad Regional, the Switzerland-based carrier 33.3 percent owned by Abu Dhabi’s Etihad Airways, has announced that it will introduce five new routes expanding the airline’s operations out of Zurich to eight destinations. The airline said it will start daily services from Zurich to Linz (Austria), Lyon (France) and Verona (Italy). It will also operate to…

Global food and beverages firm PepsiCo has tied up with former US president Bill Clinton-run The Clinton Foundation to spur social and economic development in emerging markets like India. The partnership’s inaugural project was launched in Maharashtra, India with an agriculture initiative to source vitamin-rich cashew fruit from smallholder farmers. This arrangement is expected to…

Nigel Farage has claimed his party will win double the number of seats predicted as UKIP makes significant gains across the country. Early on Friday morning UKIP had already surpassed the 80 seats it had been expected to take, dealing a significant blow to the main parties and leading to claims the country was now…

Asian Lite, the world’s first global newspaper for the Asian diaspora, presents a bouquet of front pages from world’s press. Asian Lite is the fastest growing British-Asian newspaper.

In a bid to expand its market in Europe and Central Asia, a leading Indian defence equipment manufacturer is showcasing its products in two upcoming exhibitions in these regions. MKU, a leading Indian manufacturer of ballistic protection equipment for personnel and platforms, is participating in the ILA Berlin Air Show being held May 20-25. The…

BCCI president N. Srinivasan will have to continue staying away from discharging the functions as national cricketing body chief as the Supreme Court Thursday declined to entertain his plea seeking restoration of his powers. The apex court bench of Justice B.S. Chauhan and Justice A.K. Sikri declined to hear Srinivasan’s plea as, they said, they…

State-owned Air India is looking to operate new international routes like Moscow, Rome and Milan in the coming months on its newly-acquired fuel-efficient Boeing 787 Dreamliner aircraft to gain market share. “Our team is already in Moscow to take the mandatory approvals for the first flight between Delhi-Moscow. The approvals are expected shortly and services…

Two US foreign policy experts have suggested that Bharatiya Janata Party (BJP) leader Narendra Modi can “revive India’s sputtering economy and give new élan to a disillusioned and rudderless US-India relationship.”Noting that since 1991, India-US “bilateral relationship has gone through many stop-and-go cycles,” James C. Clad and Brent Scowcroft wrote in Foreign Policy magazine that…

 Indian stocks were virtually on fire leading a key index to gain as much as 1,000 points, or 4.2 percent, as Narendra Modi-led Bharatiya Janata Party took a big early lead in India’s national election vote count. Around 9.45 a.m., the sensitive index (Sensex) of the Bombay Stock Exchange was ruling just a shade under…

Actress Michelle Keegan, who has turned her back on TV show “Coronation Street”, is set to launch her debut fashion line in association with Lipsy London. Her plans include the launch of a range of fashionable pieces, expand her acting career and plan her wedding with TV actor Mark Wright, reports femalefirst.co.uk. The collaboration with…

Helped by slower increase in food and fuel prices, India’s wholesale price-based inflation fell to 5.2 percent in April from 5.7 percent in the previous month, government data showed Thursday. The inflation based on Whole Price Index (WPI) was at 4.77 percent in April 2013. According to data released by the ministry of commerce and…

A beautiful and extraordinary sculpture celebrating Smokefree pregnancy has been unveiled outside the maternity department at Wythenshawe Hospital. The sculpture, ‘Air to Breathe’ has been inspired by a baby’s need for oxygen to grow and develop properly during pregnancy. The project is a joint partnership between Wythenshawe Community Housing Group (WCHG), the Stop Smoking Service…

The Sethi Partnership Solicitors in Eastcote, Ruislip has secured the national Law Society’s law management quality mark, Lexcel. Lexcel is developed specifically for the legal profession. It is an optional, recognised accreditation scheme for law firms and in-house legal departments which give assurance that a practice meets high client care and business management standards. To…

Did you ever want to dress up like a Disney princess? A new collection of headpieces from London-based milliner Alexandra Harper Millinery will help you with the fantasy. Millinery has teamed up with The Walt Disney Company Britain to produce one-off designer hats and headpieces inspired by the enchanting stories and beloved characters of the…

What if you can change colours of your clothes to suit the ambiance of where you can be just like a chameleon? This could soon be a reality as a textile designers has now come up with an interactive electronic fabric that can change colours in seconds using a number of electronic devices. “My main…

Nokia India Monday unveiled its latest version of Lumia 630 with Windows 8.1 version here as the subsidiary of global software major Microsoft Mobile Oy. “Our new version of Lumia 630 smart phone has a dual SIM (subscriber identity module) with quad-core processor and runs on Windows 8.1 platform,” Nokia India managing director P. Balaji…

  A benchmark index of Indian equities markets surged more than 556 points Monday to touch a new life-time high so far of 23,572.88 points on the back of growing optimism that Narendra Modi-led Bharatiya Janata Party (BJP) would be able to form a stable government post general elections that ends this week. The 30-scrip…