New Delhi, Dec 18 :
Demonetisation slowed down India’s economic growth at a time when the world economy was growing and it impacted the GDP significantly, former RBI governor Raghuram Rajan said.
Rajan said he has seen studies which reaffirm that...
New Delhi, Dec 18 :
After unveiling the Speed Twin which borrows its engine, mechanicals and electronics from the Thruxton series, Triumph seems to be setting up the stage to launch yet another bike in 2019. It isn’t an all-new...
Mumbai, Dec 18 :
The rupee appreciated 37 paise to 71.19 against the US dollar in early trade at the interbank foreign exchange on Tuesday after crude prices fell to a 14-month low level in international market.
The rise in the...
New Delhi, Dec 18 :
India for the fourth time deferred the deadline to impose retaliatory customs duties on 29 US products, including almond, walnut and pulses, by another 45 days, the government has said.
According to a notification by the...
New Delhi, Dec 17 :
Former RBI Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government may bring down rating of the central bank. Rating downgrade of the RBI from 'AAA' would make borrowing costlier for...
Mumbai, Dec 17 :
Extending its winning run for a fifth session, the BSE Sensex soared over 307 points to close at 36,270, driven mainly by auto, metal and banking stocks and positive global cues.
The broader NSE Nifty too jumped...
Mumbai, Dec 17:
The Indian rupee Monday recovered by 34 paise to close at 71.56 against the US dollar as forex market sentiments were driven by the country's narrowing trade deficit in November as also smart gains in domestic equities.
Besides,...
New Delhi, Dec 17 :
The government expects to complete processes for 5G spectrum auction by August and the services will be rolled out by 2020, Telecom Secretary Aruna Sundararajan said on Monday.
"Trai has given a preliminary set of recommendations,...
Mumbai, Dec 17 :
Air India's narrow-body pilots union ICPA has blamed capacity deficiency vis--vis competitors for its plunging domestic market share while seeking a long-term plan for aircraft fleet expansion at the carrier.
In a letter to Civil Aviation Minister...
Pune, Dec 17 :
The new Jawa motorcycles have so far only been seen on the Internet or other media outlets. But the bikemaker has finally inaugurated its first two dealerships in Pune at Baner and Chinchwad, called Shakti Automobiles...
