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RBI Governor Shaktikanta Das.Business
Reserve Bank of India keeps key policy rate unchanged at 5.15 per cent

In the last MPC meet benchmark interest rate was cut by 0.25 per cent to 5.15 pc from 5.40 pc amid low inflation,...

6 Feb 2020 11:54 AM IST

Prime minister Narendra ModiBusiness
Our target is USD 5 billion of defence export in next five years: PM...

In 2014 the export of defence equipment from India was about Rs 2,000 cr and in the last 2 years it has gone up to Rs...

6 Feb 2020 11:21 AM IST

The Tamil Nadu and Andhra Pradesh chief ministers offices did not respond to requests for comment.Business
Kia in talks over moving USD 1.1 bn plant out of Andhra Pradesh:...

Moving the plant to Tamil Nadu could also help Kia in reducing logistics costs as it would bring it closer to some of...

6 Feb 2020 11:06 AM IST

DLF has a land bank of 269 million sq ft, of which 26.9 million sq ft of projects area was under construction at the end of the first half.Business
DLF Q3 net profit up 24 pc at Rs 414 cr; income down 36 pc at Rs 1,533...

Total income fell 36 per cent to Rs 1,533.34 crore in the third quarter of 2019-20 from Rs 2,405.89 crore.

6 Feb 2020 10:46 AM IST

According to forex experts, the rupee would continue to remain weak on global and domestic concerns.Business
Rupee opens at 71.22 against USD ahead of RBI policy decision

Positive opening in domestic equities and foreign fund inflows supported the local unit.

6 Feb 2020 10:40 AM IST

German car major Volkswagen (VW) today said it has appointed Bishwajeet Samal as marketing head for India operations with effect from June this year.Business
Volkswagen's Skoda targets Indian revival with tougher safety,...

The company is targeting sales of 100,000 cars a year for its brand in India by 2025.

5 Feb 2020 2:03 PM IST

Foreign investment is allowed subject to certain conditions, which require products to be of a single brand only and to be sold under the same brand globally. (Representational Image)Business
India may issue USD 5 billion of bonds with no foreign investment cap:...

India's total planned borrowing for 2020-21 stands at USD 109.57 billion.

5 Feb 2020 1:52 PM IST

Personal income tax collections amounted to Rs 4.7 lakh crore last year, or 2.5 per cent of GDP.Business
Amfi seeks clarification from tax authorities on removal of DDT, TDS...

The dividend amount will be added to investors' taxable income and taxed as per the individual tax bracket.

5 Feb 2020 1:44 PM IST

Sandeep Singh, Founder, FlexiSpaces.Business
Q&A with Sandeep Singh, Founder, FlexiSpaces

FlexiSpaces offers eight different categories of shared / co-working spaces to its customers.

5 Feb 2020 1:17 PM IST

The move by BPCL indicates that refiners will try to frontload their purchases from Iran ahead of a November US deadline.Business
Russia's Rosneft keen to bid for BPCL

The government is selling all of its 53 per cent stake in BPCL in the country's biggest privatisation plan.

5 Feb 2020 1:04 PM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)Business
Fitch says Budget light on new structural reforms

Fitch projected that the government debt will remain close to 70 per cent of GDP throughout the period to 2021-22.

5 Feb 2020 12:06 PM IST

We expect that the budget will provide a strong impetus for skill development which would greatly add to service sector activities, particularly for construction, professional services and healthcare.Business
India's service sector activity growth hits 7-year high in Jan: PMI

The Composite PMI Output Index that maps both the manufacturing and services sector increased from 53.7 in December.

5 Feb 2020 12:01 PM IST

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