The Reserve Bank of India (RBI) does not target any price level on the rupee, Governor Sanjay Malhotra reiterated at an International Monetary Fund and World Bank event on Wednesday.
'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'
A three-judge bench headed by Chief Justice DY Chandrachud said the error committed by the trial judge had been perpetuated by the high court.
Courts should not grant ex-parte injunctions against publication of a news article barring in exceptional cases as it may have severe ramifications for the right to freedom of speech of the author and the public's right to know, the Supreme Court has said.
Saudi Arabia has submitted a bid for British soccer club Manchester United PLC ahead of Friday's deadline, the Telegraph reported on Thursday.
In a surprise turn of events in the Twitter buyout saga, Tesla CEO Elon Musk has reportedly offered to proceed with his $44 billion purchase of the microblogging website. Musk is proposing to continue with $54.20 per share to buy Twitter, Reuters news agency reported citing Bloomberg News. After the news broke, Twitter's share price increased to 12.7 per cent before trading was stopped for the second time.
Jim Ratcliffe's company INEOS formally entered the bidding process to buy Manchester United on Tuesday, months after the club owners, the Glazer family, said they were considering selling the club as they explore "strategic alternatives".
So far the government has been silent on the charges being levelled, even after the stock price rout. Perhaps it is hoping for the share price to settle so that the matter goes away, predicts Aakar Patel.
Maps and navigation services have become a key asset for tech companies as consumers increasingly adopt mobile devices.
Emirates Telecommunications of the United Arab Emirates, better known as Etisalat, is in discussion with Reliance Communications for a possible merger or acquisition.
As a first step, the company has sponsored a Bloomberg news terminal at the Indian Institute of Management Ahmedabad.
Musharraf and Bhutto had earlier met on July 27 in Abu Dhabi, capital of the United Arab Emirates, according to the Pakistani government.
Now, economists are famous for having a wide array of views, with most of them being wrong, but it is difficult not to notice that economists working for companies that will benefit the most from -- and, in some cases, desperately need -- lower interest rates are the ones that are screaming most loudly about how terrible things are and how the US Fed needs to cut, cut, cut rates.
Credit Suisse said if the deal fructifies, then this will bring together the largest offline and online retailers in India.
The shock and anger that had consumed Bear Stearns' 14,000 employees on Sunday afternoon had, by mid-week, yielded to a sense that the door of opportunity may have just opened.
Tata Motors has halved the volume outlook for its UK subsidiary Jaguar Land Rover Automotive (JLR) and warned of lower earnings as it sees the semiconductor shortage deepening in the September quarter of the current financial year, according to a notification issued by the company to the stock exchanges on Tuesday. The announcement caught investors unawares. They were hoping for a quicker recovery. Tata Motors' stock tanked 13 per cent (on July 6) from the day's high of Rs 358.10 and hit the lower circuit (Rs 311.45) in intra-day trades.
'Democracy is India's greatest strength.'
Bill Gates with an estimated wealth of $86 billion topped the list for the fourth year running.
"We are willing to speak to any of their leaders," Jaitley was quoted as saying by Bloomberg News.
The failed deals could be the much-needed wake-up call for the M&A space.
If someone incompetent clears the system, it is probably intentional.
Oil imports are a third of India's total import bill.
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
The agreement was reached in intensive negotiations between contact groups that Obama and Modi had set up in September.
Donald Trump's executive order prohibiting the entry of people from seven Muslim-majority nations widened the rift between the Trump administration and several leading American companies.
While long term solution depends on each one of us altering our consumption patterns, the future depends on next generation technologists and entrepreneurs creating business models that naturally reduce the green house gas emissions.
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