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According to HSBC, the public spending component of GVA and the government consumption component of GDP grew at a rapid pace, accounting for roughly one-fifth of overall growth.

Shares of cash-rich power companies, banks surge

Stressed power assets could be sold at dirt cheap rates to cash rich companies.

28 Aug 2018 11:12 AM IST

GM was the top-selling automaker for more than seven decades until Toyota surpassed it in 2008.

Toyota to invest USD 500 million in Uber for self-driving cars

Uber will combine its autonomous driving system with Toyota's Guardian technology.

28 Aug 2018 11:02 AM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

Jet Airways posts first-quarter loss; draws up strategy to cut costs

InterGlobe Aviation Ltd, operator of the country's leading carrier IndiGo, reported a 97 per cent plunge in profit last...

28 Aug 2018 10:53 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee rises 10 paise against US dollar

The dollar's weakness against other currencies overseas gave the rupee strength.

28 Aug 2018 10:48 AM IST

They say BJP is politicising surgical strikes... Please tell me, which election is happening now, or in the near future? There are no elections at the moment, Law Minister Ravi Shankar Prasad said. (Photo: Twitter | ANI)

Prasad asks Indian IT entrepreneurs in US to mentor start-ups from...

India is among the fastest-growing electronics and digital markets in the world and a preferred destination for tech...

28 Aug 2018 10:38 AM IST

The BSE Sensex on Wednesday soared to a life-time high of 33,117.33 and the NSE Nifty scaled a historic 10,340.55 mark in opening trade. (Photo: AP)

Sensex, Nifty hit new highs on strong global cues

Index heavyweight Reliance Industries was quoting at an all-time high of Rs 1,304.30.

28 Aug 2018 10:31 AM IST

The increase in FDI is crucial in 2018-19 as increase in import bill is expected to widen the current account deficit (CAD).

Foreign investment sees 23 per cent jump

FDI inflows in April-June 2017-18 was $10.4 billion, the Department of Industrial Policy and Promotion data showed.

28 Aug 2018 5:27 AM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Air India ousts senior executive accused of sexual harassment

The ousted executive was accused of sexual harassment by an Air India air hostess.

27 Aug 2018 7:32 PM IST

Debt-ridden Videocon Group on Wednesday approached the principal bench of NCLT requesting it to direct all insolvency case.

Videocon, 10 others to move to restricted trading segment from...

The move is part of the surveillance review to ensure market safety and safeguard interest of investors.

27 Aug 2018 7:26 PM IST

Netflix isnt spending much time worrying about the demise of the government rules that once protected it.

Airtel inks partnership with Netflix

Subscribers of select Airtel Postpaid and V-Fiber Home Broadband plans will receive a three-month Netflix subscription...

27 Aug 2018 5:28 PM IST

Andhra Pradesh Chief Minister N Chandrababu Naidu has written to Oil Minister Dharmendra Pradhan, complaining about Gujarat government firm GSPC.

Amaravati development needs USD 2-4 trillion investment: Naidu

Raising funds is not a problem if there is proper decision making and execution mechanism in place.

27 Aug 2018 4:44 PM IST

Correct position is captured through counting of lane km, Gadkari said.

Govt plans policy for biofuel use in aviation sector

He was speaking at a function to mark India's first test flight partially powered by biofuel that landed here from...

27 Aug 2018 4:30 PM IST