The demonetisation tool used by the Indian government to drive out black money could have long-term benefits but its short-term economic costs would outweigh them, ex-Reserve Bank of India governor Raghuram Rajan feels....
Aiming to allay employee fears in the face of a possible divestment of Air India (AI), Union Civil Aviation Minister Ashok Gajapathi Raju has said their interests would be "safeguarded". ...
Petroleum Minister Dharmendra Pradhan on Monday said the dynamic pricing regime, whereby prices of transport fuels are revised daily, would continue despite petrol prices going up by over Rs 6 per litre since the scheme was introduced pan-India from mid-June....
Automobile major Tata Motors on Monday said that its President and Chief Technical Officer Timothy Leverton has decided to "disengage from his services in the organisation"....
Let me conclude by saying that as governments, we will offer full support to your endeavours. And we also count on the BRICS Business Council to take us closer to our common objective of improving business and investment cooperation," the Indian Prime Minister....
The slowdown of credit growth in India is not the fallout of state-run banks attempting to resolve their massive non-performing assets (NPAs), or bad loans, problems and pre-dates the recent efforts by banks to clean up their balance sheets, former RBI Governor Raghuram Rajan has said....
While the RBI launched the 200-rupee note a week ago, it may take up to three months for ATMs to start dispensing the new denomination currency as it will involve a huge exercise of recalibration....
Global cues, along with the government's measures to revive growth and tackle the non-performing assets (NPAs) issue are expected to determine the way forward for the Indian equity markets during the upcoming week....
Short covering ahead of the August derivatives expiry, coupled with hopes of a rate...
The credit growth of all banks slowed down to 8.1 per cent in 2016-17 from 10.9 per...
