Topics: India

India making sixth interest rate cut, still no cure for economy

Five interest rate cuts since the start of the year hasn't stopped India's economy from slowing to its weakest growth rate since 2013, but...

RBI's subsidiary DICGC says, "Depositors in failed and liquidated bank to get only Rs 1 lakh as insurance cover"

Depositors in failed and liquidated banks will get only up to Rs 1 lakh as insurance cover, regardless of the amount in their accounts,...

CAIT calls Amazon, Flipkart as 'Economic terrorists'

Traders' body CAIT on Sunday lashed out at e-commerce majors Amazon and Flipkart, calling them "economic terrorists," and demanded that the government take action...

Hinduja's Ashok Leyland sales dip by 22 percent in November to 10,175 units

India's largest automaker giant Ashok Leyland has reported a decline of 22 percent in total commercial vehicle sales at 10,175 units in November. In a...

Walmart partners with HDFC Bank launches co-branded credit card for members of Wholesale B2B cash & Carry stores

HYDERABAD: Walmart India, in partnership with HDFC Bank, on Monday launched a co-branded credit card exclusively for members of its Best Price Modern Wholesale...
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Government extends mandatory roll-out date for FASTag to Dec 15

The government on Friday extended till Dec 15 the date for making FASTag mandatory for toll payments on national highways. It said it will now...

India take 222 hours on average to detect and investigate cyberattacks: Study

Organisations in India take 222 hours on an average to detect, triage and investigate an attack, making them much slower than the global average...

Union Minister Nitin Gadkari calls carmakers to focus on alternative fuel vehicles

Terming huge crude oil import a "big economic challenge" for the country, Union Minister Nitin Gadkari on Wednesday urged automakers to focus on alternative...

Government raises the authorised capital of FCI to Rs 10,000 crore

In an attempt to infuse the additional capital in its state-owned company, the Government of India has increased the authorised capital of Food Corporation...

Indian Railways has generated Rs 139.20 crore from sale of platform tickets in 2018-19

Railways earned Rs 139.20 crore from the sale of platform tickets in 2018-19 and Rs 78.50 crore till September this fiscal, the ministry informed...
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Sitaram Yechury: Narendra Modi Government must bring a white paper on the status of Indian economy

CPI(M) general secretary Sitaram Yechury on Wednesday demanded that the government bring out a white paper on the status of the economy referring to...

India’s forex reserves increase by $441 million to a new lifetime high of $448.2 billion

India's forex reserves rose by $441 million to a fresh lifetime high of $448.249 billion in the week to November 15 on an increase...

Reports: Indian education institutions attacked most by hackers

Education domain is one of the most "at-risk" industries in India, with the sector accounting for more than 30 percent of cyber threats targeting...

SBI report: Retail inflation may average at 4 percent in FY20

Surplus rainfall in August and September is likely to keep food and vegetable prices elevated going forward, and retail inflation may average at around...

Centre to impose 25% safeguard duty on imports of single-mode optical fiber

The Centre is considering a 25 percent provisional safeguard duty on the import of single-mode optical fibre, used for signal transmission. This follows a Commerce...
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IMF Chief Kristalina Georgieva says, “Global debt surges record-high to $188 trillion”

The global debt load has surged to a new all-time record equivalent to more than double the world's economic output, IMF chief Kristalina Georgieva...

India, US optimistic about inking trade deal before year-end: Senior Indian Diplomat

India and the US are “quite optimistic” that they will ink a trade deal before the end of this year, a senior Indian diplomat...

IndiGO Airways signs one-way codeshare agreement with Qatar Airways

Top Indian airline IndiGo said on Thursday it signed a one-way codeshare agreement with Qatar Airways, letting the Middle Eastern airline get more access...

pre-IPO round: Freshworks secures $150 million funding from Google, Sequoia, Accel Partners

Valuing the company at $3.5 billion, the Chennai-based customer engagement software company, Freshworks, has secured $150 million in new round funding from its existing...

OYO Rooms to expand in Bihar, plans to create 700 local jobs

OYO Hotels and Homes will expand its footprint in Bihar by investing in infrastructure and talent. This will create 700 jobs in the hospitality...
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IIT Kharagpur researchers generates electricity from wet clothes

Kharagpur: Researchers at Indian Institute of Technology (IIT), Kharagpur, Mechanical department here have generated electricity from clothes drying in natural ambience. The research was done...

Piyush Goyal: RCEP against India’s economic interest

The RCEP agreement was against India's economic interest and national priorities, Commerce and Industry Minister Piyush Goyal said on November 4 as the country...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rahul Gandhi on Monday hit out at the RCEP and alleged that...

RBI Deputy Governor Viral Acharya: Govt of India needs to undertake heavy disinvestment programme

The Indian government needs to reduce its reliance on bond markets and undertake a heavy disinvestment programme along with urgently implementing land, labour and...

Delhi HC to hear Facebook’s appeal against the order to globally block access to Baba Ramdev’s defaming video

The Delhi High Court on Thursday admitted social media giant Facebook's appeal, challenging a single-judge order directing it to globally remove, block or disable...
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India to launch RuPay Card in the Gulf Kingdom, Signs MoU with Saudi Arabia

The Government of India has signed the agreement with Saudi Arabia to launch its domestic card ‘RuPay Card’ in the country, the officials said...

Walmart Chief Doug McMillon seeks a stable business environment in India

Walmart Inc’s chief executive has written to Prime Minister Narendra Modi seeking certainty and predictability in India’s business environment, the Economic Times newspaper reported...

Snapdeal launches dedicated dhanteras e-store

India's largest third-largest e-commerce giant Snapdeal has announced the launch of dedicated dhanteras e-store to provide popular items during the festive season on its...

FM Nirmala Sitharaman: Indian public sector banks had worst phase under Manmohan Singh and Raghuram Rajan

Finance Minister Nirmala Sitharaman has said that the Indian public sector banks had the "worst phase" under the combination of former Prime Minister Manmohan...

Mohammad Barkindo says, “OPEC and its allies are committed to maintain oil market stability beyond 2020”

The Organization of the Petroleum Exporting Countries and its allies are committed to maintaining oil market stability beyond 2020, with physical supplies relatively tight...
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