Finance minister Arun Jaitley on Friday reasserted the Narendra Modi government’s blueprint for putting the stagnant economy back on the growth trajectory — keeping taxes low, rationalising subsidies, boosting the infrastructure and housing sectors and bring "civility in the tax regime".
The unending glitches plaguing national carrier Air India’s (AI) brand new 787 Dreamliners are sending the airline’s operations into a spin.
India's position among global innovators fell by 10 places to 76th spot in this year's Global Innovation Index, the annual ranking co-published by Cornell University INSEAD and World Intellectual Property Organisation, a UN agency.
Though increased demand for the US currency from importers and rising global crude prices put pressure on the rupee but dollar's weakness against other currencies overseas capped the losses.
The benchmark BSE Sensex rose almost 174 points in early trade on Monday on sustained buying by foreign funds and retail investors after Reliance Industries reported encouraging earnings.
Microsoft on Thursday announced it will cut up to 18,000 jobs over the next 12 months, a majority of them from its newly acquired Nokia Devices and Services unit.