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Huaweis revenue grew 19.5 percent 721.2 billion yuan last year, in line with what it had earlier flagged. (Photo: AP)

China warns India of 'reverse sanctions' if Huawei is blocked: sources

Minister Ravi Shankar Prasad told parliament that six proposals have been received for 5G trials, including from Huawei.

7 Aug 2019 12:34 PM IST

As per the Central Statistics Office (CSO) data inflation in vegetables contracted by 2.19 per cent last month, compared to 7.8 per cent in June.

RBI keeps retail inflation projection within target for next 12 months

CPI (Consumer Price Index) retail inflation is projected at 3.1 per cent for the second quarter this fiscal.

7 Aug 2019 12:21 PM IST

Governor Shaktikanta Das

RBI cuts key rate by 35 bps to boost economic activitiy

RBI trims GDP growth forecast for current fiscal to 6.9 per cent from 7 per cent previously predicted.

7 Aug 2019 11:56 AM IST

One of the automobiles damaged in the accident.

Tens of thousands losing jobs as India's auto crisis deepens: sources

Automakers, parts manufacturers and dealers have laid off about 350,000 workers since April.

7 Aug 2019 10:53 AM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Rupee slips 12 paise against dollar in early trade

Rupee is trading at 70.93 against dollar ahead of the outcome of Reserve Bank of India's monetary policy review meet.

7 Aug 2019 10:17 AM IST

Stocks of IT companies saw selling as the rupee continued to strengthen, which dragged down the Sensex.

Sensex, Nifty start on a cautious note ahead of RBI policy outcome

The 30-share index was trading 18.58 points or 0.05 per cent up at 36,995.43.

7 Aug 2019 10:12 AM IST

The retail inflation which is based on the Consumer Price Index (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.

Inflation likely edged up to nine-month high in July: report

Food prices have risen due to lower-than-expected monsoon rains over the past two months.

7 Aug 2019 9:59 AM IST

Kumar Sudarsan, co-founder and CEO, Qwikcilver has joined the Pine Labs leadership team.

Pine Labs now enables EMI on credit, debit cards across 85,000...

Pine Labs already powers debit EMI for Axis Bank, ICICI Bank, SBI and HDFC Bank customers.

7 Aug 2019 9:53 AM IST

The freezer in which the body of Bina Mazumder was kept allegedly by her son to avail her pension by using her thumb impression. (Photo: Asian Age)

Factors impacting the growth of Cold Supply Chain sector in India

India is currently the world's largest producer of milk, second largest producer of fruits and vegetables.

7 Aug 2019 9:39 AM IST

DHFL stock plunged more than 3.5 per cent on Tuesday on reports that the MHA had issued a lookout notice against the promoters of the company over non-existent shell companies.

No haircuts to any creditors: DHFL's resolution plan

The committee also approved submission of the draft resolution plan to the lenders of the company.

7 Aug 2019 9:05 AM IST

Former Reserve Bank of India governor Bimal Jalan

Govt should borrow only long-term fund from overseas market: Jalan

India's sovereign external debt-to-GDP level is among the lowest globally at less than 5 per cent.

7 Aug 2019 9:02 AM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

BP to enter India's fuel retail market with Reliance tie-up

The new venture will take over Reliance's 1,400-plus retail fuel stations and its aviation fuel business spread across...

7 Aug 2019 8:42 AM IST