Auto cos slash production to drive through slowdown

The crisis in the auto sector is deepening and leading companies are going for production cut to drive through the slowdown

No need for pessimism over 5% growth, says FM

India's finance minister Nirmala Sitharaman said that there was no need for unnecessary pessimism as far as 5% GDP growth is concerned

The government has ordered an SFIO probe into now defunct Jet Airways and its group companies for alleged fund diversion, indulging in malpractices and other large-scale irregularities found during an inspection

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