The government's decision to fix the minimum support price (MSP) at 1.5 times the cost of production is unlikely to raise prices as envisaged, said an SBI report here on Monday. "There is a market perception that implementation of market compensation scheme may cost the government as much as Rs 80,000 crore, but our estimates suggest it ma...
The ongoing political turmoil in Maldives would reduce tourist arrivals, a key driver of the economy and a prolonged crisis would dent investment inflows, an analysis by Moody's said here on Monday. "If tourists are deterred from travelling to Maldives for a prolonged period, the crisis will reduce growth and prompt us to revise d...
Food ordering and delivery chain Foodpanda India on Monday said it would invest Rs 400 crore to strengthen its network and hire 25,000 delivery riders in the next 12 to 15 months. According to a company statement here, the investment would focus on scaling up technology and a dense logistics network which would ensure better services...
Contrary to media reports claiming that now you can transfer money via WhatsApp in India, the digital payment feature in the platform is still in the testing phase and will be officially rolled out to over 200 million Indian users in the days to come. The feature is currently in beta but has not been publicly announced because it is not widely avai...
Indian Prime Minister Narendra Modi on Monday invited Omani businesses to invest in the country as he showcased the government's initiatives to further ease doing of business in the "New India". Addressing around 50 Omani chief executives at the Oman-India Business Meet here, Modi said that the reforms were aimed at preparing India for the 21st ce...
Congress on Saturday reacted sharply on alleged remarks by Goa Minister Vijai ...
At least 100 youth staged a protest inside the Rajiv Chowk Metro Station here on...
Alibaba Group Chairman Jack Ma on Saturday pledged to help transform the Olympic...
Reserve Bank of India (RBI) Governor Urjit Patel on Saturday said the apex bank and t...
Over 50 youth staged a protest inside the Rajiv Chowk Metro Station here on Saturday...
