The Reserve Bank of India cut its repo rate by 25 basis points to 6.50 per cent.
The only way out for DMRC would be if the lenders, a consortium of 10 banks, find another concessionaire for the project
Aiming to enhance quality of life while conserving the planet, Fourth Partner has ventured into the disruptive sector of solar power
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
As per OECD's September estimates, global growth was to be 3 per cent this year and 3.6 per cent in 2016.
Currently, Himalaya sells 250 products across the globe.
Stating that pushing GDP growth, which has slipped to 5-year low of 6.8 per cent in 2018-19, is the top priority, President Ramnath Kovind said Modi govt will bring more reforms and raise farm investments to boost growth.
The Budget has evoked mixed reactions from Silicon Valley investors.
Over lunch, Finance Minister Arun Jaitley breaks down his Budget. Sheela Bhatt/Rediff.com reports.
Corporates understand that the PMO drives all key decisions in this government.
There is a large population standing outside the coverage of primary healthcare, says Praveen Gupta of Raheja QBE.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
Amid rupee sliding below 64 to a dollar, global agency Standard & Poor's on Tuesday said it will maintain negative outlook for the country as currency depreciation is adversely impacting investor confidence.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
Prime Minster Narendra Modi's op-ed in the German daily Frankfurter Allgemeines talks about development, New Age India and his 'Make in India' campaign. Here's the complete text of the column.
This is the second extension for the bids since June 18.
The Finance Minsiter says country requires 'a larger opening out in more sectors, stability of policy and tax regime'
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
As rural demand tapers, companies are back at the drawing board, firming up plans to beat the unexpected slowdown in sales.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
The biggest achievement of the Modi government in the past one year was it could bring positivity in the minds of people and industry, says V P Nandakumar, executive chairman of the Manappuram Finance Ltd, in an interview to Shobha Warrier/Rediff.com.
'On the tax front, most of the Budget proposals are sensible'.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
He was number three in 1999 when the company was founded.
A fleet of eight JF-17 Thunder fighter jets -- jointly made by the two countries -- will escort the Chinese president once his plane enters the Pakistani airspace.
The Telangana Group of Ministers on Friday reviewed the progress made by the Andhra Pradesh government with regards to the bifurcation of the state on various fronts.
'The Modi government is about privatising profits and nationalising losses.'
IMF attributes the slower growth rate to supply-side bottlenecks.
The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
Here is the full text of the joint statement issued by India and the US.
With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses.
Petrol attracts a total excise duty of Rs 17.46 per litre.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
'Making the railways better is a different type of a challenge.'
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
Adani Enterprises plans to invest a total of $25 billion in the next five years.
