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With a recovery in private capex, Morgan Stanley expects Indias GDP growth to accelerate from 6.7 per cent in FY18 to 7.5 per cent in FY19 and further to 7.7 per cent in FY20.

Private capex likely to recover in 2018

Another factor that would support a recovery in private capex is the ability of the financial system to extend credit.

29 Nov 2017 6:36 AM IST

Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTI

RCom to sell DTH arm BIG TV to Pantel Tech, Veecon Media

The move is aimed at reducing debt and benefiting all stakeholders, including lenders and shareholders of RCom.

28 Nov 2017 8:18 PM IST

Trai Chairman R S Sharma on Tuesday called for Internet, an important platform for India, being kept open and free, and not cannibalised. (Photo: Pixabay/Representational)

Internet should not be cannibalised: R S Sharma on net neutrality

Trai in its net neutrality recommendations has sought to bar telecom service providers from any discriminatory practice.

28 Nov 2017 7:27 PM IST

GDP numbers scheduled to be released on May 31.

India's GDP growth likely to pick up in Q2, break five-quarter slide

The Reuters poll also showed India's gross value-added (GVA) growth estimate likely accelerated to 6.2 per cent, from...

28 Nov 2017 7:06 PM IST

UDAN is a cheaper flights scheme.

Govt to ask airlines to reduce ticket cancellation fee

Aviation minister Jayant Sinha said the cancellation fee charged by airlines was 'onerous' for the passengers.

28 Nov 2017 6:47 PM IST

Finance Minister Arun Jaitley (Photo: AP)

Jaitley dismisses rumours of banks writing off debts of capitalists

Jaitley said that over the last few days, a rumour is being propagated regarding waiver of loans of capitalists by...

28 Nov 2017 5:28 PM IST

Pilot of Air India Jaipur-Delhi flight refused to fly due to duty limitations prescribed by the DGCA. (Photo: File)

Pradeep Singh Kharola appointed as new Air India CMD

Kharola, a Karnataka cadre officer, would replace Rajiv Bansal, who has been serving as the interim CMD for a little...

28 Nov 2017 4:47 PM IST

Oil Minister Dharmendra Pradhan on Tuesday made a strong case for inclusion of natural gas in the Goods and Services Tax. (Photo: PTI)

Dharmendra Pradhan bats for inclusion of natural gas in GST ambit

Crude oil, petrol, diesel, aviation turbine fuel (ATF) or jet fuel and natural gas are not included in GST.

28 Nov 2017 4:38 PM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

Bankruptcy ordinance puts premium on integrity, promotes clean biz:...

The ordinance is primarily aimed at safeguarding the public money from being misused by dishonest businesses.

28 Nov 2017 4:16 PM 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 breaks 8-day rally as GDP data looms

Sensex after opening a shade higher quickly slipped into the red, but settled down 105.85 points, or 0.31 per cent at...

28 Nov 2017 4:00 PM IST

Business leaders at the forum also highlighted potential opportunities in the conversion of the Indian economy into a digital less-cash economy.

DBS Bank lowers India's FY18 GDP growth to 6.6 pc

Bank, however, expects that Indian economy will recover in fiscal 2019 and achieve a growth rate of 7.2 per cent.

28 Nov 2017 3:45 PM IST

Net neutrality is the principle that internet providers treat all web traffic equally, and its pretty much how the internet has worked since its creation.

Trai backs net neutrality, says it's against discrimination of content

Supporters of Net neutrality back the principle that the entire Internet traffic should be available to everyone on...

28 Nov 2017 3:07 PM IST