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Pallonji Mistry (Image credit: Facebook)

Business tycoon Pallonji Mistry dies at 93

Mistry is the largest individual shareholder in the Tata Group with a 18.4 per cent holding in the conglomerate

28 Jun 2022 10:56 AM IST

SpiceJet had approached the DGCA for permission since the rest for the pilots was not in a suitable environment as mandated by Indias Civil Aviation Regulations (CAR). (Representational Photo: PTI)

Minimum 10-15% increase in airfares must: SpiceJet CMD

In his statement on Thursday, Ajay Singh said that the ATF prices have increased by more than 120 per cent since June...

16 Jun 2022 1:05 PM IST

FICCI calls for interest-free, collateral-free loans to support MSMEs amid lockdown. (ANI Photo)

Credit demand of MSMEs at 85 pc of pre-Covid levels

In case of metro cities, demand is around 81 per cent levels as of March 2022. Non-metros have seen a rebound to 99% of...

14 Jun 2022 1:00 AM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee plunges to new record low at 77.85, down 11 paise

At the interbank foreign exchange market, the local currency opened at 77.81 traded weaker, but directionless

11 Jun 2022 7:55 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

RBI hikes key rate by 0.5 per cent as it tries to tame inflation

This latest increase in the key rate follows a surprise 40-bps repo rate hike on May 4

9 Jun 2022 1:12 AM IST

Reserve Bank of India Governor Shaktikanta Das (PTI Photo)

RBI hikes policy repo rate by 50 bps, raises inflation forecast to 6.7...

This is the second hike in the policy repo rate since the being of the current financial year

8 Jun 2022 11:41 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

Bond yield spikes to 7.5 per cent for first time in three years

The rate setting panel has begun its three deliberations on Monday with the outcome being announced on Wednesday

7 Jun 2022 8:03 AM IST

Growth in the January-March period was slower than in the previous October-December quarter of 2021-22 at 5.4 per cent, the government data showed on Tuesday. (Representational Photo:AP)

8.7 per cent growth in GDP in FY2022, Q4 dips to 4.1 per cent

Indian economy expanded at 8.7 per cent pace for the financial year 2021-22 against a contraction of 6.6 per cent in...

1 Jun 2022 12:53 AM IST

Oil and Natural Gas Corp (ONGC) has become Indias first company to hold a meeting of its Board of Directors at high sea. (File Photo)

ONGC reports highest net profit of â‚¹40,306 cr; becomes India's 2nd...

ONGC displaced Tata Steel for the No.2 spot. Tata Steel on May 3 reported a standalone net profit of Rs 33,011.18 crore

29 May 2022 11:17 AM IST

Customers buy vegetables at a market in Ahmedabad, India, September 29, 2015. (REUTERS)

Centre plans to spend additional Rs.2 L crore in one year to fight...

India's retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high

23 May 2022 2:12 AM IST

Apple had started manufacturing iPhones in India in 2017 with iPhone SE. (Photo: AFP)

Looking beyond China, Apple plans ramping up production in India:...

India made 3.1 per cent of the world's iPhones last year, and the proportion is expected to increase to 6 per cent to 7...

22 May 2022 11:43 AM IST

People work on the main stage of the World Economic Forum at the eve of the event in Davos, Switzerland, Saturday, Jan. 21, 2022. (AP Photo/Markus Schreiber)

Davos set to host World Economic Forum, Ukraine crisis, climate change...

The World Economic Forum (WEF) said the Annual Meeting 2022 will focus on 'history at a turning point', the theme of the...

22 May 2022 10:13 AM IST