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Economy

Global storms hitting together prompted RBI to hike rate: MPC minutes

Mumbai, May 18 (PTI) Several global storms hitting together prompted the Reserve Bank to hike the key interest rate in an off-cycle review...

Sensex snaps 2-day rally in see-saw trade; PowerGrid slumps 4.5 pc

Mumbai, May 18 (PTI) Equity benchmarks surrendered early gains to close with modest losses on Wednesday, snapping their two-day winning streak as investors...

IndiGo names Pieter Elbers as new CEO, Dutta to retire on Sept 30

Mumbai, May 18 (PTI) The country's largest domestic budget carrier IndiGo on Wednesday announced the appointment of Pieter Elbers as its Chief Executive...

As inflation breaks records, Modi govt plans to counter criticism ahead of anniversary & polls

While retail inflation hit an 8-year high of 7.8% in April, wholesale inflation surged to a 9-year high of 15.08% on the back of elevated food and energy prices in the same month.

Govt forms Cotton Council of India to bring tangible improvement in sector

New Delhi , May 18 (ANI): The government has set up Cotton Council of India under the chairmanship of an industry veteran Suresh Bhai...

Sensex snaps 2-day gaining streak, closes 110 points down

Mumbai (Maharashtra) , May 18 (ANI): Snapping two days of gaining streak, the Indian stock markets' benchmark Sensex closed 110 points down on Wednesday...

GoM finalises report on GST on casinos, race course, online gaming; 28 pc tax to be levied

New Delhi, May 18 (PTI) The panel of ministers tasked to review the GST levy on casinos, race courses and online gaming has...

Geopolitical developments: RBI Guv asks banks to take mitigating steps to minimise impact on balance sheets

Mumbai, May 18 (PTI) Reserve Bank Governor Shaktikanta Das has asked banks to remain watchful of the ongoing geopolitical developments and proactively take...

Government is sensitive to the issues of Industry: Minister

New Delhi , May 18 (ANI): The Government of India is sensitive to the issues of the industry and has taken a number of...

Ruchi Soya Industries to change name to Patanjali Foods Limited

Mumbai , May 18 (ANI): The Board of Directors of Ruchi Soya Industries Limited on Wednesday decided to change the name of the company...

On Camera

Who is an Indian woman? Laapataa Ladies Oscar entry shows she must be submissive too

The sweeping statements by Film Federation of India Oscar jury dismiss the urban Indian woman’s life, and struggles, as foreign.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?