New Delhi: Only yesterday, the President of SoftBank Nikesh Arora was given a clean chit in an investigation into alleged foul play with Indian start-ups Oyo Rooms and Housing.com. And today, SoftBank Group’s heir apparent
New Delhi: Soon to step down from the post of Governor of the Reserve Bank of India, Raghuram Rajan today stated that the central bank can never abandon inflation to focus on growth. The outgoing
New Delhi: In Prime Minister Narendra Modi’s regime, India’s major focus has been on increasing the flow of Foreign Direct Investment (FDI) for sustaining growth. Working in this direction, the NDA government has introduced a
New Delhi: Ending months of speculation, India's central bank governor Raghuram Rajan on Saturday said he will step down when his term ends in early September. This decision caught many by surprise and also led
New Delhi: Eros International Media will soon enter into a strategic alliance with veteran producer Vashu Bhagnani and acquire a 50% stake in his film company, Puja Entertainment & Films. Puja Entertainment & Films is
New Delhi: No-frills airline SpiceJet will soon offer passengers the option of booking a taxi to reach the airport at the time of ticket purchase. In this regard, the carrier has joined hands with cab
New Delhi: State-run banking behemoth State Bank of India (SBI) has been given a spot in a 'Hall of Shame' list of 158 banking and financial institutions globally that have invested heavily in companies making
London: Its is important not to “personalize” the Reserve Bank of India as it is bigger than any Governor, Raghuram Rajan had said this to a magazine days before his announcement that he would not
Mumbai: Describing RBI Governor Raghuram Rajan as a person of very high caliber, State Bank of India chief Arundhati Bhattacharya today said he has given a large measure of credibility to the central bank. “Dr
Mumbai: An outspoken RBI Governor is rarity but Raghuram Rajan is the one who famously declared in James Bond style—‘My name is Rajan and I do what I do’ and he had a candid view
New Delhi: Concerned over a widening trade deficit with South Korea, India on Saturday sought greater market access in sectors such as agriculture, marine, IT and healthcare in the East-Asian nation. The issue, among others,
New York: Fast food giant McDonald's may be planning to outsource jobs to India as part of a USD 500 million cost reduction plan it announced last November, a media report said. A report in
New Delhi: India’s auto component industry body said on Friday the sector grew 8.8 per cent in 2015-16. “Despite a challenging year, the auto component industry has registered a satisfactory growth of 8.8 per cent
Chennai: Max Life Insurance and Max Financial Services have signed agreements in partnership with HDFC Standard Life Insurance Company Ltd to create the country's biggest private life insurer. However, neither side have disclosed how much
New Delhi: Rise in tomato prices is a “temporary phenomenon” and rates in the national capital region have started to cool down with increase in supply from Himachal Pradesh and Haryana, a top Agriculture Ministry
Mumbai: India's current account deficit (CAD) narrowed sharply to USD 0.3 billion (Rs 20 lakh crores), or 0.1 per cent of GDP, in the fourth quarter of 2015-16 from USD 7.1 billion, or 1.3 per
New Delhi: In a price-sensitive market such as India, ‘Buy one get one’ schemes rule the roost as the most popular deals among consumers. However, all this could change and the schemes could soon lose
New Delhi: In a show of support for Raghuram Rajan, Infosys co-founder N R Narayana Murthy has said that Rajan deserves two more terms as the RBI Governor. Murthy said that the country is fortunate
New Delhi: With prices of pulses soaring to as high as Rs 170 per kg, the government on Wednesday decided to import lentils from Myanmar and Africa and beef up the buffer stocks to check
New Delhi: The number of foreigners arriving in Indian on e-Tourist Visa stood at 43,833 at the end of May, a rise of 179.9 per cent compared to the same month 2015, a report by
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