GoAir was forced to cancel around two dozen domestic flights on Monday 23rd December as the aviation regulator stepped up pressure on the budget airline to address safety risks arising from overworking its crew, two people with direct knowledge...
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18th Feb 2020 | Updated at 07:56pm 18th Feb 2020
Need to think big to achieve $5 trillion economy, says PM Modi
Prime Minister Narendra Modi said the aim of a $5 trillion economy was ambitious but the country would have to think big and move ahead to realise the goal
Six bank chiefs facing CBI, ED probe, says govt
The government told parliament that half-a dozen managing directors and CEOs of commercial banks have been facing probe by Central Bureau of Investigation (CBI) and Enforcing Directorate (ED), although no arrests have been made so far
Reliance Industries (RIL) has mounted a strong counter to the government petition in the Delhi High Court (HC) seeking to block its $15-billion deal with Saudi Aramco. It has said that the petition is an abuse of process as no arbitration award...
India’s central bank bought 100 billion rupees ($1.4 billion) of the benchmark 10-year debt while selling 68.25 billion rupees of 2020 bonds as it sought to cheapen longer-term borrowing. The Reserve Bank of India set a cutoff of 6.5462% for...
On Friday 20th December, in an official statement, M&M executive chairman Anand Mahindra has announced that he will become the non-executive chairman of...
On Wednesday 18th December, Cyrus Mistry, was restored as executive chairman of Tata Sons by a company law appeals court. The National Company Law Appellate...
Reliance Industrial Investments and Holdings (RIIHL), a wholly-owned subsidiary of Mukesh Ambani-led Reliance Industries (RIL), has entered into binding agreements with Canada’s Brookfield Infrastructure Partners LP and its institutional partners...
Civil Aviation Minister Hardeep Singh Puri said that Air India Specific Alternative Mechanism (AISAM) has approved 100 per cent sale of government stake...
Rising food prices pushed the retail inflation in November to over three-year high of 5.54 per cent, while the industrial sector output shrank for third month in a row by 3.8 per cent in October, indicating deepening slowdown in the economy,...
The national auditor has slammed the government for its inability to wrap up strategic sale in nearly two dozen companies and has also pointed flaws in SUUTI stake sale using the ETF (exchange traded fund) route.
The Reserve Bank of India’s monetary policy committee (MPC) slashed its GDP growth estimate but disappointed markets and borrowers by keeping its key policy rate unchanged after reducing it five consecutive times in 2019
