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

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...

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...

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...

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

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