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The report also does well to emphasise that higher trade-to-GDP ratios are a signal of competitiveness and an entry point for coupling the Indian economy with the international economy, including through global value chains.

New base year for GDP to be decided in few months

The change in base year actually captures the change in structures of the economy.

5 Nov 2019 2:59 PM IST

Representational image of an Indigo aircraft.

IndiGo, Qatar Airways to announce strategic deal

Qatar has in the past shown interest in investing in IndiGo but the Indian airline has resisted.

5 Nov 2019 2:49 PM IST

The Maruti Suzuki cars that will see a reduction in prices include Alto 800, Alto K10, Swift Diesel, Celerio, Baleno Diesel, Ignis, Dzire Diesel, Tour S Diesel, Vitara Brezza and S-Cross.

Suzuki Motor Corp Q2 operating profit down 32 pc as India, Japan sales...

Net sales in the period under review stood at 847.9 billion yen as against 941.9 billion yen in the year-ago period.

5 Nov 2019 2:36 PM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PNB posts profit of Rs 507 crore in Q2

The state-owned lender had posted a loss of Rs 4,532.35 crore during the same quarter a year ago.

5 Nov 2019 2:20 PM IST

The ease of online shopping will cause financial stress for millions of people, as online retailers increasingly use artificial intelligence (AI) and personalisation to effectively target consumers and prompt them to spend discretionary income that they do not have, the report said.

WHO could identify online shopping as addictive disorder by 2024:...

By 2023, up to 30 per cent of world news and video content will be authenticated to counter deepfake technology, the...

5 Nov 2019 1:46 PM IST

Although the Nikkei/IHS Markit Services Purchasing Managers Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

India's October services activity contracts for second straight month

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

5 Nov 2019 12:58 PM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Yes Bank shares zoom 9 pc after Rakesh Jhunjhunwala buys stake

The scrip, after a positive opening, further jumped 8.77 per cent to Rs 71.90 on the BSE.

5 Nov 2019 12:13 PM IST

The councils Chairman Mohit Singla said India needs to move with optimism and caution on this mega trade agreement.

RCEP deal may hurt India's export competitiveness: TPCI

India's imports may increase by USD 29 bn annually during the post-RCEP period, implying a revenue loss by as much as...

5 Nov 2019 11:54 AM IST

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

Rupee gains 4 paise against US dollar in early trade

Rupee is trading at 70.73 against dollar, following increased selling of the American currency by exporters and banks.

5 Nov 2019 10:05 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex, Nifty open on tepid note; Yes Bank rallies 5 pc

The 30-share index pared all gains to trade 41.28 points, or 0.10 per cent, lower at 40,260.68.

5 Nov 2019 9:52 AM IST

Ubers costs jumped about 33 per cent to USD 4.92 billion (Â£3.81 billion) in the latest quarter. (Photo: AP)

Uber's quarterly loss widens as costs rise; shares fall

Overall, the company's net loss widened to USD 1.16 bn in the quarter ended Sept 30, from USD 986 mn a year earlier.

5 Nov 2019 8:15 AM IST

Top gainers in the Sensex pack included SBI, Infosys, ITC, Sun Pharma, HDFC Bank and ICICI Bank, rising up to 2.64 per cent.

Consolidation with a bullish bias seen in market

Eighteen out of 28 Nifty companies that have reported quarterly earnings have beaten or matched the average analyst...

5 Nov 2019 1:26 AM IST