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Vodafone confirms that it is in discussions with the Aditya Birla Group about an all share merger of Vodafone India (Photo AFP)

Revised M&A norms to pave way for Idea-Vodafone merger

DoT will seek Rs 2,100 crore bank guarantee this month from Idea Cellular as one-time spectrum charge.

1 Jun 2018 8:37 AM IST

International Monetary Fund Managing Director Christine Lagarde.(Photo:AP)

IMF urges countries to work together to reduce trade barriers

For the first time in a long time, trade is growing faster than global GDP, and spreading recovery around the world.

1 Jun 2018 8:31 AM IST

Tata group Chairman Emeritus Ratan Tata on Monday asked employees of Tata Motors to plan on becoming leaders again.

Mistry hits back at 'smear' plaint

It is therefore deeply disturbing that a few individuals with alleged questionable motives are today bringing disrepute...

1 Jun 2018 2:07 AM IST

Indias economic expansion at 7.7 per cent was significantly higher than Chinas 6.8 per cent in the same January-March period.

GDP growth up to 7.7 per cent in Q4

It's much higher than China's 6.8%.

1 Jun 2018 2:07 AM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex rises on hopes of good macros

The data released post market hours showed that India's economy grew 7.7 per during the quarter ended March 2018.

1 Jun 2018 2:02 AM IST

Prime Minister Narendra Modi

PM Modi's divestment plans hit rough waters with AI

India's civil aviation secretary, R.N. Choubey, said on Wednesday the government was unlikely to further extend the May...

1 Jun 2018 12:59 AM IST

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Govt meets fiscal deficit target of 3.5 per cent for FY 2018

According to the data released by the Controller General of Accounts, the revenue deficit was 2.65 per cent of the GDP.

31 May 2018 7:17 PM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

No bids received for Air India stake sale, says govt

The government has proposed to offload 76 per cent equity share capital of the national carrier.

31 May 2018 7:09 PM IST

80% of bank accounts and 60% of mobile connections have been linked with Aadhaar, according to a UIDAI official .

UIDAI relaxes daily Aadhaar updation target for bank branches

Bank Aadhaar Kendras are being set up with a view to make the Aadhaar verification process of bank accounts convenient...

31 May 2018 7:00 PM IST

RBI kept interest rates unchanged despite calls for lowering it while it slashed the economic growth projection by half a per cent to 7.1 in the first policy review post demonetisation.

Indian economy expands 7.7 per cent in Q4, 6.7 per cent in FY18

However, the economic growth slows to 6.7 per cent in 2017-18 compared to 7.1 per cent in 2016-17.

31 May 2018 6:52 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

India, World Bank sign USD 500 mn loan pact for rural roads

It has built and improved about 35,000 km of rural roads and benefited about eight million people with access to...

31 May 2018 6:39 PM IST

Last month Idea announced plans to raise a total 67.5 billion rupees ahead of proposed merger

Idea completes sale of 9,900 mobile towers to ATC for Rs 4,000 crore

ATC has already completed acquisition of Vodafone India's mobile tower for Rs 3,850 crore.

31 May 2018 6:22 PM IST