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The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.Business
Jalan panel finalises report on RBI capital; surplus transfer to govt...

The panel has finalised its report and no further meeting will take place, sources said after the meeting concluded...

17 July 2019 2:18 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.Business
Crude oil prices up on firm global cues

Analysts said the rise in crude oil futures was largely in tandem with a firm trend in global market.

17 July 2019 12:49 PM IST

DCB Banks net interest income increased 14 per cent to Rs 301 crore, while non-interest income rose 17 per cent to Rs 99 croreBusiness
DCB Bank shares plunge 14 pc post June quarter earnings

Total income during the quarter rose 10 per cent to Rs 392 crore as against Rs 356 crore in the year-ago period.

17 July 2019 12:40 PM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.Business
No plan to completely ban petrol and diesel vehicles: Dharmendra...

NITI Aayog has reportedly proposed that after 2030, only electric vehicles should be sold in India.

17 July 2019 12:39 PM IST

PM Modi has set an ambitious target of nearly tripling the countrys total renewable energy capacity to 175 gigawatt (GW) by 2022, spurring global firms including Japans SoftBank and Goldman Sachs to invest in solar projects in India. (Photo: PTI | Representational)Business
Suzlon defaults on USD 172 million bonds, may offload stake

The outstanding payment was part of a total bond issuance of 546.91 million dollars.

17 July 2019 11:04 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.Business
Rupee slips 9 paise against dollar in early trade

Rising brent crude prices and foreign fund inflows weighed on the domestic currency.

17 July 2019 10:37 AM IST

International Monetary Fund Managing Director Christine Lagarde.(Photo:AP)Business
Christine Lagarde resigns as IMF chief, starting race for her...

IMF succession is expected to be a major topic of discussion among G7 finance ministers and central bank governors...

17 July 2019 10:27 AM IST

Brokers and shareholders at Kolkata share market react as Sensex and Nifty gain after opening on the first day on Monday following the launch of GST. (Photo:PTI)Business
Sensex, Nifty start on a cautious note

The 30-share index was trading 4.40 points, or 0.01 per cent, lower at 39,126.64.

17 July 2019 10:08 AM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)Business
Lenders of bankrupt Jet Airways to attempt to sell carrier again

An SBI-led consortium of 26 banks has informed the resolution professionals that Jet Airways owes them about 85 billion...

17 July 2019 10:00 AM IST

Mahajan, the co-convenor of Swadeshi Jagran Manch (SJM). (Photo: DC/G N Jha)Business
RSS' economic wing says India should not issue foreign currency bonds

Swadeshi Jagran Manch will campaign against the plan by convening meetings of influential economists.

17 July 2019 9:52 AM IST

Azim PremjiBusiness
Wipro to outshine previous performance: Azim Premji

Premji reminisced Wipro's journey from a small vegetable oil company to a leading information technology company.

17 July 2019 9:20 AM IST

BSNL had recently said BSNL-MTNL combination will be \advantageous\ for both firms, given the synergies in areas like enterprise and mobile businesses.Business
Group of Ministers discusses revival of BSNL, MTNL

This is the second time a GoM has been constituted for revival of the two ailing public sector firms.

17 July 2019 9:16 AM IST

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