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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.

RBI sets NBFC-MFIs' average base rate at 9.21 pc for April-June

The regulator in February 2014 had issued directions to NBFC-MFIs regarding pricing of credit.

30 March 2019 10:15 AM IST

The addition of numerous health-related topics makes this Cignas most comprehensive survey to date.

Work stress taking a toll on Indians

The stress levels in India remain very high compared to other developed and emerging countries such as the US, the UK,...

30 March 2019 1:19 AM IST

BMW eyes 100,000 electric car sales in 2017: Sueddeutsche

BMW launches 530i M Sport, priced at Rs 59.20 lakh

The new BMW 530i M Sport model now comes with a petrol engine and it is locally produced at the company's Chennai...

30 March 2019 1:19 AM IST

As per the data of RedSeer Consulting, an average 7 lakh new users are added every quarter.

Free view hurts ed-tech firms

Ed-tech companies like Byju's, Vedantu, Extramarks, Vedantu and Meritnation have been adding new users every quarter.

30 March 2019 1:19 AM IST

The Nifty scaled above the crucial 10,300 level mark and closed the session at 10,333.25, gaining 81.15 points or 0.79 per cent.

Index facing resistance at new high

Foreign institutions continued to be bullish on India pumping in record Rs 32,457 crore in the cash segment in this...

30 March 2019 1:18 AM IST

Few large retail outlets have already started advertising the downward revised prices of FMCG items.

Rural demand for FMCG shows slowdown signs in Q4

With the aim to combat agrarian distress, the government had announced PM-KISAN scheme for the small and marginal...

30 March 2019 1:18 AM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

E-commerce, tech firms oppose data sharing

Traders have demanded setting up judicial or quasi-judicial authority to enforce the policy.

30 March 2019 1:18 AM IST

After touching an all-time low of 72.11 a dollar, the rupee finally closed the day at 71.99 a dollar, down 0.32 per cent from its Wednesdays close of 71.76.

Rupee deters India Inc from foreign borrowing

Domestic firms had raised as much as $3.1 billion through the external commercial borrowing (ECB) route in February...

30 March 2019 1:18 AM IST

Health insurance is not just another tax-saving header. It is a necessity. If you are without a health cover today, you are taking a risk. A sudden hospitalisation can be potentially worth lakhs of rupees.

Carlyle buys 9 per cent in SBI Life

On Friday, SBI Life stock plummeted by over 6 per cent after BNP Paribas Cardif offloaded 5.074 per cent stake through a...

30 March 2019 1:18 AM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Stock market winds up FY19 with 17.3 per cent gain

Investors' wealth swells by Rs 8.83 lakh crore as FPIs return.

30 March 2019 1:18 AM IST

The Central government is not the lone torch-bearer of the nations economic growth. The achievements and failures, the contradictions and anomalies are spread out in both the Central and state budgets.

Govt to borrow Rs 4.42 lakh cr in H1 FY2019-20: Economic affairs secy

Economic Affairs Secy Subhash Chandra Garg said government will stick to fiscal deficit target of 3.4 pc of GDP for...

29 March 2019 7:23 PM IST

The increase in FDI is crucial in 2018-19 as increase in import bill is expected to widen the current account deficit (CAD).

Current account deficit widens to 2.5 pc of GDP in Q3

The deficit, had moderated to USD 19.1 billion or 2.9 per cent of GDP in the preceding quarter (July-September).

29 March 2019 7:10 PM IST