The key equity indices rose close to 1 per cent during the afternoon session of the trade on Wednesday, led by gains in financials and auto stocks. According to analysts, the markets ignored the sudden resignation of Urjit Patel, perhaps because it might lead to a more liberal monetary policy with the...
Disagreements between the government and the central bank are a common occurrence in any economy. It is an expected outcome, given their contrasting roles where one has to maintain the growth of the economy at a healthy pace while the other has to ensure price stability, which sometimes dampens growth...
Akademik Lomonosov, the world's first "floating" nuclear power plant (FNPP) for installation in remote areas, has been started and brought to 10 per cent of its capacity, Russian state-run atomic energy corporation Rosatom announced on Tuesday. ...
Google's parent company Alphabet has announced to expedite the shutdown of the consumer version of its social networking platform Google+ and its APIs (application programming interfaces) after it discovered a new bug that impacted users' data....
Russia's Alrosa, the world's largest diamond miner by volume, is bullish about India after registering sales of over $2 billion directly to the country and indirectly to clients with Indian capital in the first 10 months of 2018, a top company official said....
The domestic equity market reversed all the initial losses to trade higher on Tuesday late-afternoon session, with the S&P BSE Sensex gaining over 130 points. The gains came on the back of the election trends which showed a narrow lead for the Bharatiya Janata Party (BJP) in Madhya Pradesh, analysts said. Short ...
Software major Adobe is the best technology company to work for in India, followed by chip maker NVIDIA and Microsoft, employment-related search engine giant Indeed said on Tuesday. The Indian Space Research Organization (ISRO) was the highest-ranked Indian ...
The government has decided to enhance its contribution for its employees covered under the National Pension System from the existing 10 per cent to 14 per cent of the basic salary, Finance Minister Arun Jaitley said on Monday. However, the minimum employee contribution will continue to remain 10 per cent. ...
A total of 66 kg smuggled gold valued at Rs 21 crore was seized by the Directorate of Revenue Intelligence (DRI) last week, taking the total seizure to about 2.63 tons of gold for the current fiscal till November, an official statement said....
Reserve Bank of India (RBI) Governor Urjit Patel on Monday resigned from his post with immediate effect, citing "personal reasons". "On account of personal reasons, I have decided to step down from my current position effective immediately," he said in a brief statement released by the RBI....
