More than 8,000 French households' tax bills topped 100 percent of their income last year, the business newspaper Les Echos reported on Saturday, citing Finance Ministry data. The newspaper said that the ... More » Taxes on some wealthy French top 100 pct of income - paper

The French stock market authority has found LVMH secretly bought shares in rival Hermes to build a stake, and not merely make a financial investment as the luxury group has claimed, a newspaper reported. ... More » French probe finds LVMH built up Hermes stake in secret - paper
Kolkata, May 18 (IANS) Rejecting the bail plea of Saradha Group promoter Sudipta Sen and one of his close aides, a West Bengal court Saturday sent them to judicial custody till May 31. Before entering ... More » Court rejects bail plea of Saradha group boss
U.S. Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards, delivering a sweeping look at the last 100 years that included ... More » Bernanke, in commencement address, upbeat on innovation outlook
New Delhi, May 18 (IANS) Three Rajasthan Royal players, S. Sreesanth, Ajit Chandila and Ankit Chavan, arrested for alleged spot fixing in IPL cricket matches, were Saturday questioned in each others' presence ... More » Three cricketers grilled together, TV footage sought
New Delhi, May 18 (IANS) The Tihar Jail here registered a record turnover of Rs.32.17 crore in 2012-13 against a turnover of Rs.12.20 crore during the previous year. The prisons's carpentry section, where ... More » Tihar registers record turnover
Kolkata, May 18 (IANS) State Bank of India (SBI) chairman Pratip Chaudhuri Saturday said the central bank's request to banks not to aggressively sell gold products may not lead to a reduction in consumption ... More » Selling less gold coins may not reduce consumption: SBI chief
Google staged four discussions expounding on the finer points of its "Glass" wearable computer during this week's developer conference. Missing from the agenda, however, was a session on etiquette ... More » Google's wearable Glass gadget: cool or creepy?
A broad collapse of company profits in the developing world shows no sign of abating, forcing investors to tilt portfolios towards sectors such as healthcare or consumer goods where margins are more robust. ... More » Consumer stocks shine in emerging market gloom
Kolkata, May 18 (IANS) Days after submitting an affidavit in the court opposing a Central Bureau of Investigation probe, Saradha chit fund scam's suspected kingpin Sudipta Sen Saturday said he was happy ... More » Saradha promoter says 'happy' with scam probe
New Delhi, May 18 (IANS) The government is earmarking 15 percent of the total outlay of all projects in any district for proper sanitation and clean drinking water, officials said Saturday. More emphasis ... More » 15 percent funds earmarked for sanitation projects
Kolkata, May 18 (IANS) The country's largest lender, State Bank of India (SBI), Saturday the Reserve Bank of India (RBI) should become the sole regulator for all home loan institutions - banks as well ... More » Let RBI be sole regulator for all home loan providers: SBI chief
Ghaziabad, May 18 (IANS) The Ghaziabad Development Authority (GDA) has liberalised its policies to benefit small land holders, farmers and economically deprived section of the society, an official said ... More » Ghaziabad eases land policy for weaker sections
Bangalore, May 18 (IANS) Renowned automobile designer Dilip Chhabaria Saturday unveiled his design studio here to showcase his award-winning and innovative designs. "It's a defining moment to have ... More » Chhabaria unveils auto design studio in Bangalore
Kolkata, May 18 (IANS) Rejecting the bail plea of Saradha Group promoter Sudipta Sen and one of his close aides, a local court in West Bengal Saturday remanded them to judicial custody till May 31 Sen ... More » Saradha Group promoter sent to judicial custody till May 31
Kolkata, May 18 (IANS) Public sector lender State Bank of India (SBI) chairman Pratip Chaudhuri Saturday said the lender's margins in overseas business were under pressure. However, non performing asset ... More » SBI's overseas business margins under pressure: Chairman
Chandigarh, May 18 (IANS) What was supposed to be a bumper crop with a record target for wheat procurement has turned out to be a dampener with much lower quantities of wheat arriving in grain markets ... More » Punjab, Haryana stare at lower wheat arrivals
Mumbai, May 18 (IANS) Key indices of Indian equities markets rallied for the fifth week in a row, with the benchmark Sensex gaining 164 points in the weekly trade as a sharp drop in inflation boosted hopes ... More » Sensex rallies for 5th straight week; up 164 points
Reuters Market Eye - The BSE Sensex runs the risk of some consolidation after indexes ended at their highest close since November 2010 on Friday. Earnings will be key, with Coal India Ltd , State Bank ... More » Markets Weekahead - Sensex risks consolidation; SBI earnings
A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services ... More » ATM heist: India's IT sector in unwelcome spotlight
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