eBay India still in investment mode

eBay India, fully owned by the US listed eBay Inc, on Monday said it is still in investment mode in the country. We are still in investment mode in India.This is an important market for eBay as it is seen growing at more than 100 per cent, an eBay India official told PTI.According to available...

Government will next month launch two gold schemes --monetisation and sovereign bond -- to rein in demand for physical gold andcontain its import.There are two schemes -- Gold monetisation andSovereign gold bond. We are working out the details.We have had our meetings with the Reserve Bank. Both...

Budget carrier SpiceJet on Monday announced launching of twodirect flights to Dubai -- one each from Amritsar and Kozhikode -- from nextmonth and offered an all-inclusive introductory one-way fare of Rs 4,999.Dubai is one of the airline'ssix international destinations besides Bangkok, Colombo,...

A US-based company claims to have developed the world'sfirst medicinal chocolate that may lower blood pressure and help maintain 'goodcholesterol'.The key ingredient in chocolate, cacao, contains antioxidantsand minerals, and can also play a role in lowering blood pressure andmaintaining 'good...

Government on Monday said revenue collection will fall shortby Rs 50,000 crore (Rs 500 billion but expressed confidence that economicgrowth will exceed 7.5 per cent, with fiscal deficit remaining within thebudgeted target.Our macro-fundamentals remain strong. We are nowbetter placed to handle...

Snapping a four-session downtrend, gold witnessed a smart rebound from its 1-1/2 month low and recaptured the significant Rs 26,000 barriers at the bullion market in New Delhi on Monday.Domestic sentiment turned highly buoyant following a reversal of the downtrend seen in global...

The government collected Rs 4,147 crore (Rs 41.47 billion) duringthe 90-day black money disclosure compliance window, which is higher than thepreviously announced amount of Rs 3,770 crore (Rs 37.7 billion), revenuesecretary Hasmukh Adhia said on Monday.Adhia said the total number of disclosures...

Airtel justifies 4G advertisement claims after regulator rapNew DelhiAsked by advertising watchdog ASCI to stop a 'misleading 4Gad', top telecom operator Bharti Airtel on Monday said its claims includingabout fastest Internet speed are based on 'rigorous test conditions'.The company further said...