- Aug 31, 2015 17:55 IST
India's economic growth slowed to 7% in the three months through June from 7.5% in the previous quarter, government data showed on Monday.
- Aug 31, 2015 19:04 IST
Petrol price was cut by Rs 2 per litre and diesel by 50 paise on Monday evening, the third reduction in rates this month following global cues.
- Aug 31, 2015 18:07 IST
Infrastructure sector growth slowed to 3-month low of 1.1% in July as output of crude oil, natural gas and steel contracted, making a case for a further rate cut by the Reserve Bank.
- Aug 31, 2015 19:03 IST
Chinese stocks sank again on Monday, dragging most other Asian bourses lower amid uncertainty over US interest rates, reviving fears of a broader global economic slowdown that has rocked the world's financial markets.
- Aug 31, 2015 20:13 IST
Chairman emeritus of Tata Sons, Ratan Tata, has invested in Infinite Analytics, a predictive technology firm. He has been aggressively investing in startups, ranging from eCommerce firms to cab aggregators, like Snapdeal, Kaaryah, Urban Ladder, Bluestone, CarDekho, Xiaomi and Ola.
- Aug 31, 2015 20:37 IST
India and China are among the first countries to have shown interest in borrowing money for environment-friendly infrastructure projects from the newly formed development bank initiated by the BRICS (Brazil, Russia, India, China, South Africa), the bank’s president, KV Kamath has said.
- Aug 31, 2015 14:24 IST
E-commerce major Flipkart on Monday launched its instant refund mechanism facility, a move that will help its customers get refunds within 24 hours of returning the product.
- Aug 31, 2015 21:52 IST
Indian economy's growth slowed by more than expected in the quarter to June, a setback for Prime Minister Narendra Modi that will prompt more urgent calls from his aides for interest rate cuts.
- Aug 31, 2015 14:36 IST
The government plans to change the Reserve Bank of India Act before the end of the fiscal year so it can set up a new committee to direct the country's monetary policy, retiring finance secretary Rajiv Mehrishi told Reuters.
- Aug 31, 2015 10:22 IST
In a highly volatile trade, market benchmark BSE Sensex dropped over 109 points on Monday and the Nifty slipped below the 8,000-mark due to selling by funds and retail investors ahead of the release of June quarter GDP data and weakness in domestic currency.
- Aug 31, 2015 10:22 IST
The rupee dropped by 34 paise on Monday to close at one-week low of 66.48 against the US dollar on persistent month-end demand for the American currency from importers. Besides, fresh fall in equity market affected the value of the rupee against the US dollar.
- Aug 30, 2015 15:31 IST
Bharti Airtel and Idea Cellular have hiked charges for their post-paid users by around 20% in various circles including Delhi after increasing data tariff for pre-paid customers in the national capital.
- Aug 31, 2015 09:51 IST
For investors worried about the health of emerging economies, India's gross domestic product data for April-June should supply some cheer on Monday - the country is expected to remain the fastest growing major economy for a second straight quarter.
- Aug 30, 2015 23:46 IST
Taiwanese technology major Foxconn, which has already lined up $20-billion (Rs 1.3 lakh-crore) investment plans for India, is now looking to set up a payments bank in the country.
- Aug 30, 2015 23:56 IST
Sun Pharma recalled multiple lots of Bupropion Hydrochloride Extended- release Tablets USP (SR), 200mg, 60-count bottle, from the US market for "failed dissolution specification", while Wockhardt started recalling its Lisinopril Tablets USP, 5mg and 20mg for "CGMP violations".