India to have sovereign benchmark: Economic adviser

India is working to have sovereign benchmark like London interbank offered rate (Libor) by this September, which would make external borrowing easier for India Inc

Infosys moves ahead of TCS after long time

Infosys recorded a robust 12.4% year-on-year increase in revenue in constant terms in the quarter ended June. The performance sent its share price soaring by 6-7% last week

The government is expected to close 2018-19 with a £6 billion shortfall in direct tax collections with mop-up till last week estimated at £113.8 billion, compared to the revised target of £120 billion

The £150 million emergency funding expected by Jet Airways has been shot down to £20 million in the best case scenario, as lenders led by SBI await RBI's fresh norms for debt restructuring after Supreme Court last week struck down the central...

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