British telecom major Vodafone's former chief executive Arun Sarin received 500,000 pounds (Rs 3.87 crore) to relocate to the US following his departure from the company.

Faced with slump in demand in key markets such as the US and Europe, India's exports plunged by 30 per cent in May as per the quick estimates, given by commerce secretary G K Pillai. The final figures will be

Private sector lender Kotak Mahindra Bank on Wednesday said Anand Mahindra has ceased to be a promoter of the bank but will continue to be associated with the lender as a non-executive director.

The sensitive index of the Bombay Stock Exchange regained the 15,000 level in morning trade on Wednesday, after a gap of nine months, on increased capital inflow by funds after a positive infrastructure data for April fuelled hopes of an

Announcing measures to tackle the impact of the global recession in his country, South African President Jacob Zuma pledged on Wednesday to create 500,000 jobs by the end of this year. Acknowledging that the economic crisis had hit the nation

When your goal is 20 years away, stand your ground.

New rules allow anyone to convert from a traditional IRA to a Roth IRA starting next year. Here’s what you need to know about how and why to make the switch.

Why the worthless stock may still be in play. Plus, what should bondholders expect?

This Yale economist says you need to understand human behavior to break boom-and-bust cycles.

The company's troubles won't affect drivers too much in the short term, but car owners should expect to encounter service obstacles down the road.

Stocks are pointing to a lower open on Wednesday as markets prepare for some monthly releases that will indicate further deterioration in the labor market. Half an hour into the session, markets could be pushed higher or lower as Federal

American International Group, Inc. (AIG) announced that it has entered into an agreement to sell 100 percent of its shares in its consumer finance operations in Argentina, consisting of Compania ...

The spread of H1N1 flu in Australia, Britain, Chile, Japan and Spain has nudged the world closer to a pandemic, the World Health Organization said on Tuesday.The newly-discovered strain had ...

Standard & Poor's Ratings Services has revised its outlook on German reinsurer Hannover Rueckversicherung AG and its subsidiaries (collectively Hannover Re) to negative from stable. S&P also ...

The Bermuda-based Argo Group International Holdings announced that its Lloyd's operation, Heritage Managing Agency Ltd., has been renamed Argo Managing Agency Ltd. and will conduct business under ...

Aon has just issued the latest version of its "Terrorism Threat Map." The most significant change from previous maps shows a "shift in Islamist terrorist activity from the Middle East to South ...

Just one in 20 money professionals believes that the economy will stage a sharp "Vshaped" recovery from the slump a survey says.

Rate on cash Isa now just 0.1pc.

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The FTSE is 28pc since March but can the spring rally continue into summer?