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The European Commission on Friday said it had raided companies in the styrene monomer purchasing sector, suspecting them of having violated the bloc’s cartel rules.
Styrene monomer ...
U.S. producers can sell pork legs and shoulders to Mexico via an import quota despite retaliatory measures taken this week after U.S. President Donald Trump imposed tariffs on steel and aluminum, t...
Malaysia’s anti-graft agency said on Thursday it wants financier Low Taek Jho and one other person to assist in the investigation into a former unit of debt-laden state fund 1Malaysia Develop...
The Federal Reserve will likely raise its target interest rate to above the rate of inflation for the first time in a decade next week, igniting a new debate: when to stop.
The Fed has be...
An acute shortage of affordable homes in the United States will continue over the coming year, according to a majority of property market analysts polled by Reuters, driving prices up faster than i...
Volatility could well be in the cards for Wall Street again early this fall, but not for the same reason stocks got rattled in February.
This time the culprit would be the largest-ever sh...
Asian stocks dipped on Tuesday as the markets took a breather after the previous day's rally, although tech-inspired Wall Street gains helped limit the losses, with investor focus moving away f...
Wall Street's three major indexes rose on Monday, led by a rally in tech stocks, pushing the Nasdaq to a record closing high as investors bet on a continuation of strong economic growth, while ...
Oil prices steadied on Monday as U.S. production hit a record-high and OPEC members considered boosting supply to balance rising global demand.
Benchmark Brent crude oil was unchanged at ...
An estimated 25 people, including at least three children, were killed and nearly 300 injured on Sunday in the most violent eruption of Guatemala’s Fuego volcano in more than four decades, of...
Italian bonds, stocks and the euro rallied on Monday after President Sergio Mattarella rejected a eurosceptic candidate for economy minister, prompting the anti-establishment 5-Star and League part...
Germany is seeking to end a dispute between the United States and the European Union over President Donald Trump’s decision to impose high tariffs on steel and aluminum imports, Economy Minis...
U.S. stocks fell Friday as geopolitical fears following President Donald Trump's move to cancel a key summit with North Korea weighed on solid corporate earnings.
The S&P 500 and the Dow eased on Friday after a steep drop in oil prices pressured energy stocks, but losses were limited by gains in chipmakers and retail stocks.
US crude tumbled 4 ...
Now, a surge in fuel prices has them tightening their budget while limiting their road plans as summer driving season arrives. “We’re not traveling to the East Coast anymore,” sai...
The euro slipped on Friday and is set for a sixth consecutive week of losses as concerns over Italy’s debt outlook weighed on sentiment, although losses were checked after North Korea said it...
Jean-Marc Decressonniere is probably the only banker in finance-friendly Switzerland who supports a vote next month that could transform how lenders operate.
Unlike virtually all his peer...
The dollar index .DXY, which measures the currency against a basket of six major peers, rose 0.1 percent to 93.681. On Monday, the index set a five-month high of 94.058.
The increase mark...
Trump’s proposal ran into immediate resistance in Congress, where Republicans and Democrats accused the president of bending to pressure from Beijing to ease up on a company that has admitted...
Oil prices rose on Tuesday, with Brent edging closer to $80 per barrel, on concerns that Venezuela’s crude output could drop further following a disputed presidential election and potential U...
The U.S. Commerce Department on Monday slapped steep import duties on steel products from Vietnam that originated in China after a final finding they evaded U.S. anti-dumping and anti-subsidy order...
The dollar advanced against the yen on Monday, after U.S. Treasury Secretary Steven Mnuchin said the U.S. trade war with China is "on hold", boosting risk sentiment amid hopes for an easi...
The FTSE 100 was up by 0.47 percent and the CAC 40 in Paris was higher by 0.26 percent. The former hit a fresh intraday record high Monday. Meanwhile, the main Italian index fel...
The dollar rose to a five-month high against a basket of major currencies on Friday, helped by weakness in the euro as investors fretted about political uncertainty in Italy.
The S&P 500 and Nasdaq composite closed lower on Friday as tensions between the U.S. and China weighed on investor sentiment while both countries continued negotiations on t...
Wall Street ended a choppy trading session lower on Thursday, as investors grappled with escalating trade tensions and rising oil prices.
Comments by U.S. President Donald Trump that Chin...
A surge in US government bond yields to their highest level in almost seven years sent Wall Street shares sliding on Tuesday after strong retail sales data stoked inflation concerns and investors f...
The dollar inched up against a basket of currencies on Tuesday from its lowest level in more than a week as hopes for an easing of global trade tensions pushed U.S. bond yields higher.
Senior Canadian, U.S. and Mexican officials trying to rescue slow-moving talks to update the NAFTA trade pact met on Monday in a new bid to resolve key issues before regional elections complicate t...
China’s exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient and providing a cushion to the e...
Gold prices hit their highest in a week on Monday, buoyed as the dollar slipped after marking its strongest level this year in the previous session.
Spot gold had risen 0.3 percent t...
The dollar stayed near its 2018 peak on Monday after U.S. jobs and wages data did little to temper perceptions of strength in the U.S. economy, though renewed concerns about trade frictions could c...
Global stock markets were mixed as investors stayed cautious on how central banks would move towards monetary tightening amid convincing growth and inflation risks.
Global cues were also ...
U.S. stocks closed sharply higher Friday as Wall Street shrugged off lackluster numbers in the government's monthly jobs report while shares of Apple hit an all-time high to lead the technology...
European markets open higher Wednesday as investors keep their focus on earnings and monitor an upcoming Federal Reserve meeting.
The pan-European Stoxx 600 was 0.1 pe...
Asian stocks were narrowly mixed in Wednesday trade following the mixed close on Wall Street as several markets in the region re-opened for trade after a holiday.
Japan's Nikkei ...
Oil prices dipped on Monday after a rising rig count in the United States pointed to higher production there, but markets held near their highest in over three years and remained set for a second s...
Business is coming in so fast and workers are in such high demand at AOW Associates Inc, an Albany, New York-based construction firm, that its chief financial officer hired a guy six weeks ago for ...
Asia markets traded mostly higher on Friday, as investors watched for developments from the Korean peninsula. North Korean leader Kim Jong Un met South Korean President Moon Jae-in&n...
Asian stocks edged up on Thursday as robust corporate earnings helped Wall Street quell concerns over a surge in US bond yields, while the dollar hovered near three-month highs against a basket of ...
European markets were lower Wednesday, as rising yields in the bond markets offset excitement surrounding corporate earnings.
The pan-European Stoxx 600 was 0.6 percent lower wi...
Gold prices edged higher on Wednesday as most global stock markets fell and as the U.S. dollar eased below an over three-month high hit in the previous session.
Spot gold was up 0.1 ...
Asian stocks slipped and the US dollar advanced on Tuesday, as a deluge of US government debt this week and the spectre of inflation and a higher fiscal deficit drove US borrowing costs near four-y...
Wall Street ended mixed on Monday as concerns about soft smartphone demand weighed on tech stocks and pulled the Nasdaq lower while earnings optimism protected against deeper losses.
Gold prices slipped to their lowest level in nearly two weeks on Monday as the dollar rose on the back of climbing U.S. Treasury yields and as global political concerns eased.
Oil prices were steady on Monday as a rising U.S. rig count pointed to further increases in American output, marking one of the few factors tamping back crude in an otherwise bullish environment.Read More
U.S. Treasury Secretary Steven Mnuchin said on Friday that the International Monetary Fund needed to “step up to the plate” to police large external imbalances, demand the dismantling o...
U.S. consumers may be about to directly feel the effects of the trade fight started by U.S. President Trump with China and other countries this year when a new list of Chinese imports to be taxed i...
Gold prices inched lower on Friday and were headed for the first weekly decline in three as expectations of higher U.S. interest rates and easing political tensions on the Korean Peninsula and Syri...
U.S. stocks fell on Thursday after a major Asian chipmaker delivered a disappointing forecast which dragged the technology sector lower. Investors also fretted over rising interest rates.
Oil prices rose on Thursday to their highest in over three years as U.S. crude inventories declined and as top exporter Saudi Arabia pushes for higher prices by continuing to withhold supplies....
Resource stocks were on a roll in Asia on Thursday as oil prices hit heights not seen since late 2014 and ignited a rally across commodities, though the potential boost to inflation globally also p...
The dollar edged up on Wednesday, as firm U.S. economic data supported the greenback against the yen and headline risks around U.S.-China trade relations and tensions in the Middle East appeared to...
US stock indexes rallied on Tuesday on broad-based gains while Netflix and UnitedHealth earnings impressed investors and boosted optimism about the US corporate reporting season.
European markets opened slightly higher on Tuesday morning, tracking modest overnight gains after data showed China's economy grew slightly more than anticipated in the first quarter.
US stocks closed higher on Monday, with the biggest boosts from technology and healthcare sectors as investors were optimistic about earnings season and appeared less worried about US-led missile a...
Travel and leisure stocks led the gains, up more than 0.6 percent after shares of Britain's biggest hotel and coffee shop operator surged to the top of the European benchmark. A unit of U.S. ac...
Asian share markets were mixed and oil prices fell on Monday as relief US-led strikes on Syria looked unlikely to escalate was tempered by concerns at Russia's potential reaction to new sanctio...
The Trump administration again refrained from naming any major trading partners as currency manipulators on Friday, but the U.S. Treasury’s semi-annual currency report criticized China for th...
Wall Street is hoping that first-quarter earnings growth and corporate forecasts are strong enough to bring the FAANG group of stocks back into favor and take the spotlight off worries that caused ...
The dollar firmed against its peers on Friday, supported as an improvement in investor risk appetite lifted equities and pushed U.S. yields significantly higher.
Yields rose as Wall Stree...
Asian shares traded mostly higher on Friday, with investor confidence improving amid a de-escalation in recent trade and geopolitical tensions.
China March exports in dollar terms decline...
Wall Street stocks fell on Wednesday as possible U. military action against Syria stoked investor concerns about geopolitical risk to the American economy and minutes from the Federal Open Market C...
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Stocks rallied on Tuesday as Wall Street breathed a sigh of relief after China's president said he would work to "open" the country's economy, easing trade war fears.
FICCI Inks three MoUs for collaboration in Satellite & Space industry, Food Processing Industry and Manufacturing Sector
Earnings, Karnataka exit polls to decide market trend; 3 stocks can give up to 21% return in short term
Market Update: CNX IT zooms 3.7% as TCS, Infosys jumps over 2%; Nifty PSU bank falls 3%; Jubilant Food at new 52-week high
Durable Water Conservation assets have been a priority under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) over the last 3 years. Over 143 lakh hectares have benefitted in the last 3 years through Water Conservation under MGN... Read More
The Union Cabinet chaired by Prime Minister Shri Narendra Modi was apprised of the Memorandum of Understanding (MoU) signed between India and Denmark on technical cooperation in the field of Sustainable and Smart Urban Development in April, 2018.<... Read More
When 38-year old Satish Chomwal put in his paper at a Gurugram-based IT company, little did he know that he would be asked to serve another three months over and above his notice period. His employment contract had mentioned ‘gardening leave... Read More
National Sports University Ordinance, 2018 has come into force as the President of India has given his assent to the Union Cabinet's decision to promulgate the said Ordinance. Earlier, the Union Cabinet, in its meeting held on 23 May 2018, had... Read More
Acting on an specific intelligence, the officers of Directorate of Revenue Intelligence (DRI) have effected a seizure of 32 kgs of foreign origin gold valued at Rs 10.32 crore, smuggled from China into India through the Indo-China Border in the St... Read More
India's gross defence budget is expected to reach US$ 112 billion (bn) by FY27 from $45 bn announced by the Government of India in 2018-19, owing to significant steps been taken by the Centre to bolster country's position as a major aerosp... Read More
London-listed Vedanta Resources hopes to restart its Sterlite Copper smelter in southern Indian city Tuticorin and still wants to double its capacity despite protests demanding its closure that killed 13 people this week, a company executive told ... Read More
About 10 years ago, wedding insurance was launched as a specialised product in the Indian market. Called as insurance for cancellation of wedding due to death or any untoward incident impacting the bride or groom, it was a product that could have ... Read More
As per the decision of the GST Council, e-Way Bill system for inter-State movement of goods has been rolled out from 1st April, 2018. As on 23rd May, 2018, e-Way Bill system for intra-State movement of goods has been rolled out in the States of An... Read More
India Ratings and Research (Ind-Ra) believes the cabinet ordinance to treat home buyers as financial creditors rather than operational creditors under the Insolvency and Bankruptcy Code 2016 (IBC) could be credit negative for the lenders of develo... Read More
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for waiving of Penal Interest on Government Loans to Visakhapatnam Port Trust (VPT) as per following:
i. Waiver of Penal I... Read More
The Central Vigilance Commissioner (CVC) Shri K.V. Chowdary has called for preventive vigilance to check occurrence of corrupt practices. Speaking at the inauguration of a workshop on “Preventive Vigilance- Dissemination of Good Practices&rd... Read More
A Task Force was constituted by the Government of India in November, 2017 to review the existing Income-Tax Act, 1961 and to draft a New Direct Tax law in consonance with the economic needs of the country. It was required to submit its report to t... Read More
Strengthening food processing sector is key to achieving government's aim to double farmers' income, union minister Sadhvi Niranjan Jyoti said at an ASSOCHAM event.
“The government aims to double the farmers' income by ... Read More
In a first, India received the 1st cargo of UAE crude oil for filling up one of the two Strategic Petroleum Reserve (SPR) caverns built by Indian Strategic Petroleum Reserve Ltd (ISPRL) at Mangalore. Earlier, on 12th May, Shri Dharmendra Pradhan, ... Read More
India's annual production stood at 29.08 mn vehicles (including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycles) in FY18 as against 25.33 mn in FY17, registering a growth of sharp growth of 14.8% y-o-y vi... Read More
Apex industry body ASSOCHAM under the aegis of its Corporate Social Responsibility Foundation in collaboration with global consumer product company Reckitt Benckiser and Government of Punjab is launching a massive, year-long campaign aimed at rais... Read More
The network of Common Service Centres (CSCs), which act as access points for delivery of various electronic services to villages in India, are set to be expanded to 2.50 lakh gram panchayats by the year end,Union Minister for Electronics and IT Sh... Read More
In the interest of taxpayers, it has been decided to extend the last date for filing of return in FORM GSTR-3B for the month of April, 2018 for two days, i.e., till 22nd May, 2018. The notification in this regard shall be published shortly.... Read More
The United Nations Fundamental Principles of Official Statistics was adopted by the Union Cabinet on 04-05-2016. The formal adoption of these Principles was a reiteration of the Government's commitment to constantly work towards improving the ... Read More
The water storage available in 91 major reservoirs of the country for the week ending on May 17, 2018 was 31.072 BCM which is 19% of total storage capacity of these reservoirs. This percentage was at 20 for the week ending on May 10, 2018. The lev... Read More
India's merchandise exports increased 5.2% to US$ 25.91 billion in April 2018 over a year ago. Meanwhile, merchandise imports moved up 4.6% to US$ 39.63 billion. The trade deficit rose 3.5% to US$ 13.72 billion in April 2018 from US$ 13.25 bil... Read More
The Cabinet Committee on Economic Affairs chaired by the Prime Minister, Shri Narendra Modi today has approved an initial Corpus of Rs.5,000 crore for setting up of a dedicated “Micro Irrigation Fund” (MIF) with NABARD under Pradhan Ma... Read More
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval to the following proposal of the Department of Industrial Policy and Promotion:-
i. Development of Freight Village, an Int... Read More
Ministry of New and Renewable Energy has issued National Wind-Solar Hybrid Policy. The objective of the policy is to provide a framework for promotion of large grid connected wind-solar PV hybrid system for efficient utilization of transmission in... Read More
The Government of India carried out an Amendment to the Government of India (Allocation of Business) Rules, 1961 on May 7, 2018 substituting “Directorate General of Trade Remedies” in place of “Directorate General of Anti-Dumping... Read More
Gary Cohn, the former head of the National Economic Council and key advisor to President Donald Trump, said personal tax cuts need to be made permanent.
In his first interview since exiting the White House, Cohn said that is th... Read More
The Government of India signed a loan deal worth $ 200 million with the World Bank today for the National Nutrition Mission (POSHAN Abhiyaan). The loan would help the Government of India in achieving its goal of reducing stunting in children 0-6 y... Read More
Private general insurance company Shriram General Insurance posted an 82 percent rise in its net profit at Rs 400 crore for FY18. In an interaction with Moneycontrol, Neeraj Prakash, Managing Director, Shriram General Insurance talks about th... Read More
Union Minister for Petroleum and Natural Gas and Skill Development & Entrepreneurship Shri Dharmednra Pradhan has said that, “LPG penetration in the State of Odisha has reached 58.55 % by 1st May 2018 which was at 20% level in June 2014 ... Read More
The Goods and Services Tax Network - Special Purpose Vehicle (GSTN-SPV) was created as a private limited, not-for-profit company under Section 25 of the Companies Act, 1956 (Section 8 of the Companies Act, 2013) by Govt. of India on 28th March, 20... Read More
The labor market is tight and workers aren’t answering help-wanted ads for factory jobs. What’s an employer to do?
Push the existing workforce harder.
That’s one signal from the Read More
Kavita Mehta, a 30-year old banker took a one-day trip to Delhi from Mumbai for office work. Like always she unchecked the insurance box on her flight aggregator portal and booked a flight. But unlike previous occasions, she lost her checked-in lu... Read More
PHD Chamber of Commerce and Industry asked the Centre Government in consultation with all states and UTs to form a Holistic Strategy with sufficient funds to evolve quicker solutions for drastic curtailment of PM Levels in the air of its large cit... Read More
Growth tops the list of CEO business priorities in 2018 and 2019, according to a recent survey of CEOs and senior executives by Gartner, Inc. However, the survey found that as simple, implemental growth becomes harder to achieve, CEOs are concentr... Read More
In a major boost to the expansion of healthcare infrastructure in the country, the Union Cabinet Chaired by Prime Minister Shri Narendra Modi has approved the continuation of Pradhan MantriSwasthya Suraksha Yojana(PMSSY) beyond 12thFive Year Plan ... Read More
The OALP Bid Round – I was successfully concluded on May 2, 2018. This was the first ever auction of blocks under the Open Acreage Licensing Programme (‘OALP') in India. Path breaking Hydrocarbon Exploration and Licensing Pol... Read More
The total Gross GST revenue collected in the month of April 2018 is Rs.1,03,458 crore of which CGST is Rs18,652 crore, SGST is Rs.25,704 crore, IGST is Rs. 50,548 crore (including 21,246 crore collected on imports) and Cess is Rs.8554 crore (inclu... Read More
The production of eight core industries, comprising 40.27% of the weight of items included in the Index of Industrial Production (IIP), increased 4.1% in March 2018 over March 2017. Its cumulative output improved 4.2% in April-March 2017-18.... Read More
With a view to facilitate tourists visiting India, the Centre would be using 3D technology to digitally reconstruct 20 historic monuments in the next two years and put them in Delhi, a top government official said at an ASSOCHAM event.
&... Read More
India Ratings and Research (Ind-Ra) has published the March edition of its credit news digest on India's telecom sector. It highlights the trends in the telecom sector with a focus on subscriber additions, subscriber market share, circle wise ... Read More
Bureau of Indian Standards (BIS) granted First Licence to M/s Gujarat Alkalies and Chemicals Ltd for Liquid Chlorine on All India basis. Ahmedabad Branch Office (AHBO) under the jurisdiction of Western Regional Office has granted BIS Certification... Read More
The water storage available in 91 major reservoirs of the country for the week ending on April 26, 2018 was 37.109 BCM which is 23% of total storage capacity of these reservoirs. This percentage was at 24 for the week ending on April 19, 2018. The... Read More
EPFO has taken a number of e-initiatives to provide services and timely information to all its stakeholders in tune with the government's motto of minimum government and maximum governance. It has now been decided to publish the age-band wise ... Read More
Towards strengthening the emerging biotechnology enterprise in India, Department of Biotechnology (DBT), Ministry of Science & Technology has initiated the Mission programme entitled: Industry-Academia Collaborative Mission for Accelerating Di... Read More
The Finance Act, 2018 has withdrawn the exemption under clause (38) of Section 10 of the Income-tax Act, 1961 (the Act) and has introduced a new section 112A in the Act, to provide that long term capital gains arising from transfer of a long-term ... Read More
A Loan Agreement for IBRD credit of US$ 125 (equivalent) for the “Innovate in India for Inclusiveness Project” was signed with the World Bank on 24th April, 2018 in New Delhi. The Loan Agreement was signed by Mr. Sameer Kumar Khare, Jo... Read More
India Ratings and Research (Ind-Ra) believes while the Minimum Indicative Export Quota (MIEQ) is the need of the hour for the Indian sugar industry, domestic millers will need more incentives to be able to export sugar because of the weak sugar pr... Read More
The proposed vehicle scrappage policy, which, if adopted, is likely to be effective from April 2020, could increase the market value of commercial vehicles (CVs) below 15 years of age, says India Ratings and Research (Ind-Ra).
According ... Read More
The two laws enacted in 2016 may have the best of intentions, but the Insolvency and Bankruptcy Code (Code) and the Real Estate (Regulation and Development) Act appear to be pitted against each other when it comes resolving interest of bankers and... Read More
The Competition Commission of India (‘CCI') passed Final Order imposing penalty on three leading Indian Zinc-Carbon Dry Cell Battery manufacturers-Eveready Industries India Ltd. (‘Eveready'), Indo National Ltd. (‘Nippo... Read More
Private equity (PE) and venture capital (VC) funds with adequate enterprise or managerial or technical investors in the whole consortium sort of model can come forward to participate in strategic divestments like Air India, a top Government offici... Read More
PHD Chamber of Commerce and Industry urged the government to remove Minimum Alternate Tax (MAT) on SEZs for their further expansion and diversification as the issue of MAT on these temples of modern Indian economy has hindered their growth in gene... Read More
India Ratings and Research (Ind-Ra) expects Indian formulators to continue to make investments to grow their domestic non-prescription business through organic and inorganic routes. This would be driven by the need to further diversify the domesti... Read More
The Government notified the scheme of Electoral Bonds on Jan. 02, 2018. Electoral Bond is a bearer instrument in the nature of a Promissory Note.
The Purchaser is allowed to buy electoral bond (s) only on due fulfillment of all the extan... Read More
Paradip Port, Kamarajar Port & VO Chidambarnar Portunder the Ministry of Shipping are all set to pioneer water recycling and desalination of sea water in the port premises. The Union Minister for Shipping, Road Transport & Highways, Water ... Read More
The European Union today followed China in complaining to the World Trade Organisation (WTO) over US tariffs on steel and aluminium imports.
"Having a substantial interest as an exporter in this case, the European Union requests con... Read More
Growth picked up across most of the economies in developing Asia, supported by continued high demand for exports and rapidly expanding domestic demand, says a new Asian Development Bank (ADB) report.
In its new Asian Development Outlook ... Read More
It may take at least another three quarters before the problem of twin balance sheets of banks and highly leveraged corporate firms gets reasonably resolved, even as the process of resolution of the companies under IBC reference would pick up pace... Read More
The Union Ministry of Home Affairs (MHA) has been implementing the ‘National Policy and Action Plan' since 2015 to combat Left Wing Extremism (LWE). This envisages a multi-pronged strategy involving security and development related measu... Read More
Q) Do you think the recent development on the geopolitical front (possible military action by the US on Syria) could cap upside for equity investors across the globe?
A) Geopolitical developments and news flow add volati... Read More
You click on random ads on popular e-commerce portals that entice you on the social media but are careful enough to sift through the clutter and succeed in not clicking on that insurance ad.
This may soon come to an end. Your favourite o... Read More
Approximately 1.5 Million rural residents in State of Madhya Pradesh are going to directly benefit from improved livelihoods, education and mobility with the USD $ 140-Million loan approved by the Board of Directors of the Asian Infrastructure Inv... Read More
To provide seamless vehicular movement for enhancing trade, business, health, education and tourism between Indian, Myanmar and Thailand, the National Highways Authority of India (NHAI) has signed an agreement for upgradation of Yagyi – Kale... Read More
JioMoney, the PPI wallet by Reliance Jio Payments Bank has entered into a partnership with meal benefits firm Sodexo. Here, Sodexo customers can use the platform to pay for services. This covers the non-digital standalone food stores on the digita... Read More
Public sector banks today all together have a market capitalisation less than that of HDFC Bank. Markets have therefore concurred with the Prime Minister of India that the PSU banks have been eaten away by moths of corruption over decades.... Read More
The government is in the process of finalising regulations that may soon be released for public comments for foreign universities to set up campuses in India. At present, laws do not allow international educational institutions to set up India cam... Read More
While the Income Tax Department collected about Rs 10 lakh crore for FY18 in tax revenues for the first time in history, it seems like regional offices are struggling to meet their day-to-day expenses due to shortage of funds.
Income Rev... Read More
After years of global easing made buying the dollar one of the world’s most popular trades, currency traders are latching on to any glimmer of economic brightness to try to uncover the next big theme.
Even hints that central bank stim... Read More
The Reserve Bank of India likely sold dollars around 68.20 rupee levels through state-owned banks to prevent the rupee from falling further, three traders said on Friday, adding that appeared to be the level the central bank was keen on defending.... Read More
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