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Air India and its subsidiaries have nearly 20000 employees. Among them Air India has only 11,500 employees. Air India management has not offered their employees for voluntary buyouts, an Air India spokesperson said..

Govt has no plan to completely exit Air India, says Sinha

As per its audited accounts, the airline's total cumulative losses stood at Rs 47,145.62 crore in financial year...

2 Aug 2018 9:32 AM IST

New Delhi said the step would further facilitate India-US trade and technology collaboration in defence and high technology areas.

US Congress seeks to strengthen defence partnership with India

United States Congress has passed the USD 716 billion defence spending bill.

2 Aug 2018 9:26 AM IST

Farmers participate in the race in the belief that participation before ploughing their fields will bring good rain and a better harvest. (Photo: AFP)

Rural demand, farm income set to grow: RBI

Farm sector accounts for about 14 pc of India's $2.6 trillion economy and employs more than half of the country's 1.3 bn...

2 Aug 2018 9:12 AM IST

Nissan said it plans to bring the device to other countries eventually and install it in 30 per cent of the 40 million Nissan vehicles that are on the roads at present.

Nissan close to settling dispute with India over unpaid incentives

Nissan would drop the arbitration case against India once the settlement was agreed.

2 Aug 2018 8:27 AM IST

In August and September India could get 88 per cent and 93 per cent rainfall respectively of the LPA, the agency said.

Farm output at risk as rain forecast slashed

Lower farm incomes due to scanty rains could hit the demand for an array of consumer goods.

2 Aug 2018 2:04 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI hikes key rate 2nd time in two months

This is the second consecutive rate hike by the RBI after it increased the repo rate by similar percentage points in its...

2 Aug 2018 2:00 AM IST

Bright forecast helps Apple near $1trillion

Bright forecast helps Apple near $1trillion

Pricey iPhone X boosted Q3 margins and created optimism for company.

2 Aug 2018 1:47 AM IST

Cabinet clears LiC purchasing stake in IDBI

Cabinet clears LiC purchasing stake in IDBI

On the NSE, shares of the company surged 5.60 per cent to close at Rs 62.15.

2 Aug 2018 1:37 AM IST

Trai halves spectrum price, to sell 5G waves for Rs 492crore

Trai halves spectrum price, to sell 5G waves for Rs 492crore

Trai said spectrum in frequency range 3300-4200 MHz is likely to emerge as a primary band for early 5G introduction.

2 Aug 2018 1:29 AM IST

Urjit Patel, governor, RBI

Brace for currency wars, says RBI governor Urjit Patel

Use all measure required to ensure stability, urges Patel.

2 Aug 2018 1:15 AM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI hikes key rate second time in two months

Retail inflation pegged at 4.8 per cent for second half of current fiscal.

2 Aug 2018 12:58 AM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

Retail inflation for industrial workers rose to 3.93 pc in June

Retail inflation for industrial workers rose to 3.93 per cent in June from 1.08 per cent in the same month of last year.

1 Aug 2018 7:25 PM IST