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Ubers competitors and businesses in the gig economy will also be considering what this means for them. (Photo: AP)

India plans to order taxi aggregators like Uber, Ola to go electric:...

EV sales in India grew three-fold to 3,600 in the year ended March but still account for about 0.1 per cent.

7 Jun 2019 8:47 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Short-term trend of Nifty looks negative

Among the sectoral indices Nifty Bank fell 2.32 per cent while Nifty PSU Bank fell 4.90 per cent.

7 Jun 2019 7:13 AM IST

Toyota Kirloskar Motor has finally entered the growing premium hatchback segment with the launch of the Glanza hatchback to boost sales in Asias fiercely competitive third biggest car market, with prices starting at Rs 7.22 lakh.

Toyota Kirloskar Motor drives in Glanza at Rs 7.2 lakh

The Toyota Glanza rivals the other premium hatchbacks in the country such as the Honda Jazz, the Hyundai i20 and the...

7 Jun 2019 7:09 AM IST

Tata Motors-owned British luxury car maker, Jaguar Land Rover on Thursday expanded its SUV range by launching a new entry-level Land Rover Discovery to boost sales in Asias third biggest economy.

Jaguar Discovery launched at Rs 75.18 lakh

The new SUV from the JLR stable is powered by a 2.0-litre four-cylinder Ingenium diesel engine which churns out 240hp...

7 Jun 2019 7:05 AM IST

Reserve Bank of India (RBI)

Moving to on-tap licencing of SFBs

On tap licensing will enable entities to approach the RBI for obtaining licences on meeting the criteria.

7 Jun 2019 7:00 AM IST

The revivalist RSS has backed the clergy although the Supreme Court has permitted all women to enter the shrine as equal citizens. (Representational image)

New NPA resolution norms soon

The SC had clarified that the Centre has to authorise the RBI to issue direction to banks/non-banks if it were an...

7 Jun 2019 6:56 AM IST

The real estate sector has been limping from the past one year due to major reforms in the market brought by the centre.

Realtors sceptical of rate cut

In the current scenario bereft with rising NPAs and the ongoing NBFC crisis, things look quite bleak at the moment.

7 Jun 2019 6:51 AM IST

Governor Shaktikanta Das

Market unimpressed in wake of NBFC crisis

Jittery markets are facing a crisis of confidence with respect to the precariously perched NBFC (including HFCs) &...

7 Jun 2019 6:48 AM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

RBI cuts key rate 0.25 per cent, loans might get cheaper

All the six members of the MPC voted in favour of a rate cut as well as change in policy stance.

7 Jun 2019 2:34 AM IST

Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Third-party insurance for cars, 2-wheelers to become costlier

The new rates for the fiscal 2019-20 will be applicable from June 16.

6 Jun 2019 7:49 PM IST

Other risks for the Indian economy stem from the government turning more populist ahead of 2019 polls and a sharper-than-expected domestic growth slowdown, which in turn will trigger equity outflows, Nomura added.

Investors lose Rs 2.22 lakh cr as equities plunge

Tracking weak sentiment in broader market, m-cap of BSE-listed companies tumbled Rs 2,22,304.65 crore to Rs...

6 Jun 2019 7:35 PM IST

Wipro Chief Azim Premji.

Azim Premji to retire as executive chairman of Wipro; son Rishad to...

However, Azim Premji will continue to serve on the board as a non-executive director for five years till July 2024.

6 Jun 2019 7:23 PM IST