The Central Bureau of Investigation has booked diamond merchant Nirav Modi, his brother, wife and a business partner for allegedly cheating the Punjab National Bank of over Rs 280.70 crore in......
Our large military requirements make for an enormous buyer's leverage, which the defence ministry fritters away in piecemeal purchases Few tears will be shed, especially in the corridors of power,......
Cracking the whip, India on Friday initiated action to scrap the deal for purchase of 12 VVIP helicopters from Italian firm AgustaWestland in the wake of allegations that kickbacks to the tune of......
The initial public offering (IPO) market has seen some momentum of late with robust responses to recent issues. Illustration: Dominic Xavier/Rediff.com However, only some have been able to ride......
Close to half a dozen initial public offerings (IPOs), worth over Rs 5,000 crore, are expected to hit the markets in December as investor sentiment perks up. Illustration: Dominic......
Nepal’s decision to ban the import of non-essential items amid depleting forex reserves may hit Indian exports. The country’s central bank — Nepal Rastra Bank — last week......
India’s exports are unlikely to get an immediate boost from a depreciating rupee, which touched an all-time low on Monday, driven by rising commodity prices. Illustration: Uttam......
In the state of the economy report, the RBI said bond vigilantes could undermine the recovery, unsettle financial markets, and trigger capital outflows from emerging markets. Illustration: Dominic......