The Governor said the MPC had voted to maintain its accommodative stance, implying more rate cuts in the future if the need arises.
They want to make the Maximum City brighter and happier
To realise your long-term goals and objectives, you need to stick to your financial plans
Alibaba's pervasive economic and social influence in China is seen as a threat to the authority of the Chinese Communist party, notes Shyam Saran.
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
At least two of them - Lava and Micromax - are arming themselves against the Chinese rivals which made them insignificant in the local market over the past few years.
Sectors which attracted big-ticket investments were real estate, energy, banking and start-ups
Here are the key decisions announced by the Reserve Bank of India on Thursday.
'India's print media appears to be on the ventilator, gasping for breath, cutting staff, cutting salaries, cutting editions, cutting off its hands and legs,' notes Krishna Prasad.
The EU has asked its representatives in Pakistan to investigate the comments made by Sanaullah questioning 'how can you prosecute a group with whom the state itself has been involved with?'
Take the Rediff Business Quiz and find out how much you know about the world of publishing business.
In India, economic activity slowed substantially in 2019, with the deceleration most pronounced in the manufacturing and agriculture sectors, whereas government-related services sub-sectors received significant support from public spending, the Bank said.
Ashok Leyland, the Hinduja group flagship company and a leading manufacturer of commercial vehicles, on Friday said it would cut its proposed investment size and would undertake cost-cutting measures, including a 20 per cent reduction in wages, in view of the slowdown in the industry.Speaking to reporters, K Sridharan, chief financial officer, said the company's margin outlook is currently under pressure and it may continue like that till next month.
Rajshahi University professor AFM Rezaul Karim Siddiquee, 58, was murdered within 50 metres of his residence in the country's northwestern city of Rajshahi, police said.
Fairfax Financial Holdings made three investments in a month
US rate hike fear keeps Asian firms in check; India most upbeat.
'I hope that the incoming Biden-Harris Administration works with India to address some of the most profound geopolitical transboundary challenges.'
The economic growth is likely to moderate to 6.1 per cent, slowest in over seven quarters, from 6.6 per cent last year same period.
"The Board in its meeting... has considered, approved and recommended a bonus issue of one equity share for every equity share held and a stock dividend of one American Depositary Share (ADS) for every ADS held, as on a record date to be determined," the company said in the regulatory filing.
India must break out of this strategic triangulation between China and Pakistan. We need to settle our issues with one of the two, notes Shekhar Gupta.
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
They were the source for entry-level recruitments in the IT industry before the job market crash.
Brazil, Russia, India and China, also known as the BRIC group of countries, are expected to overtake the rich countries in primary energy consumption by 2030 and worsen their environmental calamities, Paris-based Organisation for Economic Cooperation and Development has warned. The OECD estimates suggest that 63 per cent population in the BRIC countries is living under medium to severe water stress and this share is expected to increase to 80 per cent by 2030.
If the projections come true, then India would regain the tag of the fastest growing major economy of the world, crossing China with more than 0.7 percentage point in 2018 and an impressive 1.2 percentage point growth lead in 2019.
The 30-day moving average of the unemployment rate had climbed up much ahead by January 6, to 7.8%, says Mahesh Vyas.
Other players who have declared no production days in the recent past, and during this month, include Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp, Bosch, Jamna Auto, Wabco and Sundaram-Clayton.
Insurer likely to support Ratan Tata; reduction in stake might have been profit booking.
Mahinda Rajapaksa recovered from his 2015 electoral losses, went to the people and campaigned about the injustice done to him. Without attempting to be subtle, he underscored his image of the Sinhala Buddhist warrior a la Dutugemunu, the king of Sri Lanka (164 BC to 140 BC) who led the military campaign against the invading warlord Elara.
Amid slowing growth and low interest rates, investors will need to focus on stock-picking, suggests John Remmert.
Demand for steel and its prices have declined of late due to the global economic downturn. Globally, steel prices have almost halved from the peak of $1,200 per tonne earlier this year.
The bank, which has suffered reverses following a massive spike in dud assets and also the dismissal of its chief executive Chanda Kochhar over governance issues, however, hinted that the worse is behind.
However, when it is launched, GEO will face competition from National Geographic, which already sells 25,000 copies here despite a cover price of Rs 225 a copy. GEO is likely to be priced much lower to drive up the volumes. Interestingly, GEO's India edition will be its first English language edition in the world.
Gill, who studied at Modern School and Hindu College in Delhi, joined Deutsche Bank in 1991 and became its India CEO in 2012.
Interestingly, in his entire remarks, Modi never once mentioned regional security, Ambassador M K Bhadrakumar points out.
'Kesari devotes a significant chunk of its script to brandish Akshay's might as the dauntless, magnanimous, Sardar, Havildar Ishar Singh.' 'To his credit, the actor is a picture of restraint and righteousness as the worldly-wise Sardar on a mission,' notes Sukanya Verma.
A simple look at the prices of 10 media stocks during the tenure of the current government tells an interesting tale, says N Sundaresha Subramanian.
Top companies across sectors -- automobile maker Maruti Suzuki, consumer electronics giant Samsung to IT giant Infosys -- have reopened factories and offices as India took its first steps towards resuming economic activity after weeks under a near-total coronavirus lockdown.
'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.
Tepid growth in verticals like banking and finance, healthcare, retail and automotive will drag overall IT spends in the current year, reports Debasis Mohapatra.
Note ban, diesel ban have little impact as Mercedes posts marginal decline, while BMW sales rise 14 pc.
