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Microsoft will work on the centers data infrastructure and cloud resources. (Representative Image: Pexels)

Thai companies keen to invest USD 3 bn in Indian infra projects

Several Thailand-based companies which are operating in India plan to invest around USD 3 billion in the next three...

23 April 2018 5:50 PM IST

Trump administration in the WTO alleged that export incentives were harming American companies.

Govt to file dispute with WTO if US rejects exemptions: sources

India exported less than 1 million tonnes of steel to the US in 2017.

23 April 2018 5:37 PM IST

The Flavour of Spice is a book focused on the spices used most often in Indian cooking, tracing their history as far back as possible, and investigating their mysteries deeply.

India's spices exports rise 20 per cent in April-Dec 2017

During the corresponding period in 2016, 6.63 lakh tonnes valued at Rs 12,607.46 crore was exported.

23 April 2018 5:19 PM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

New industrial policy to be announced soon: Suresh Prabhu

The new policy will replace the industrial policy of 1991 which was prepared in the backdrop of balance of payment...

23 April 2018 4:00 PM IST

The daily change in prices of petrol and diesel across the country follows the success of a pilot implementation in five cities.

Finance ministry not for cut in excise duty on petrol, diesel

Petrol price on Monday hit a 55-month high of Rs 74.50 a litre, while diesel rates touched a record Rs 65.75.

23 April 2018 3:38 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

Bank of India inks pact with NeSL to share data under insolvency rules

BoI will avail NeSL service to expedite corporate insolvency resolution process.

23 April 2018 3:34 PM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

RBI sets rupee reference rate at 66.2177 against US dollar

The corresponding rates were 66.0167 and 81.4580, as on friday April 20.

23 April 2018 3:26 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

India receives USD 69 bn remittances in 2017; retains top slot

India has retained its position as the top remittances receiving country with its diaspora sending about USD 69 billion...

23 April 2018 1:29 PM IST

Punjab National Bank today said money of customers is safe and asserted that there would be zero tolerance towards unethical practices.

Finance ministry hopeful of PNB rebounding in Q1

The ministry is keeping a tight watch on the bank's performance so as not to let the bank slip into further mess.

23 April 2018 12:19 PM IST

The prevalence of Bitcoins has caused some concerns in government due to its hidden nature.

Firm challenges ban on Bitcoins

The circular issued by RBI on April 6 stated that entities regulated by the Reserve Bank should not deal in virtual...

23 April 2018 1:37 AM IST

Sebi may probe ICICI Bank

To work with Reserve Bank to avoid intra-regulatory jurisdiction issue.

23 April 2018 1:36 AM IST

A high-octane trade dispute between the worlds two largest economies - China and the US - will harm global trade this year as it would give rise to protectionism, an EIU report says.

US-China trade war to hurt global growth: EIU

Global trade will be overshadowed by the ongoing dispute between China and the US.

22 April 2018 6:13 PM IST